Call reports 2020
CORNERSTONE BANK — 2020
What CORNERSTONE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 40,928,000 | 41,287,000 | 40,524,000 | 41,377,000 |
| Total loans | 25,177,000 | 25,142,000 | 24,697,000 | 23,804,000 |
| Allowance for loan losses | 198,000 | 197,000 | 193,000 | 194,000 |
| Securities available for sale | 2,864,000 | 3,149,000 | 3,947,000 | 4,404,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,425,000 | 34,868,000 | 34,047,000 | 34,920,000 |
| Interest-bearing deposits | 31,274,000 | 31,496,000 | 30,841,000 | 31,013,000 |
| Noninterest-bearing deposits | 3,151,000 | 3,372,000 | 3,206,000 | 3,907,000 |
| Equity capital | 5,557,000 | 5,624,000 | 5,655,000 | 5,671,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 388,000 | 793,000 | 1,174,000 | 1,549,000 |
| Interest expense | 131,000 | 246,000 | 342,000 | 416,000 |
| Net interest income | 257,000 | 547,000 | 832,000 | 1,133,000 |
| Noninterest income | 43,000 | 73,000 | 108,000 | 144,000 |
| Noninterest expense | 296,000 | 576,000 | 868,000 | 1,187,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 4,000 | 44,000 | 72,000 | 90,000 |
| Income tax | -3,000 | 0 | 4,000 | 4,000 |
| Net income | 7,000 | 44,000 | 68,000 | 86,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,545,000 | 5,624,000 | 5,608,000 | 5,626,000 |
| Total capital | 5,743,000 | 5,821,000 | 5,801,000 | 5,820,000 |
| Risk-weighted assets | 21,254,000 | 21,525,000 | 22,234,000 | 20,938,000 |