Call reports 2022
CORNERSTONE BANK — 2022
What CORNERSTONE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 46,114,000 | 46,235,000 | 45,955,000 | 47,322,000 |
| Total loans | 26,100,000 | 25,994,000 | 26,512,000 | 27,025,000 |
| Allowance for loan losses | 247,000 | 248,000 | 248,000 | 290,000 |
| Securities available for sale | 8,832,000 | 8,779,000 | 8,528,000 | 9,084,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,839,000 | 39,882,000 | 39,770,000 | 39,890,000 |
| Interest-bearing deposits | 34,280,000 | 34,673,000 | 33,734,000 | 34,513,000 |
| Noninterest-bearing deposits | 5,559,000 | 5,209,000 | 6,036,000 | 5,377,000 |
| Equity capital | 5,528,000 | 5,545,000 | 5,458,000 | 5,582,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 371,000 | 818,000 | 1,253,000 | 1,694,000 |
| Interest expense | 30,000 | 57,000 | 89,000 | 160,000 |
| Net interest income | 341,000 | 761,000 | 1,164,000 | 1,534,000 |
| Noninterest income | 39,000 | 86,000 | 132,000 | 172,000 |
| Noninterest expense | 302,000 | 595,000 | 904,000 | 1,221,000 |
| Provision for loan losses | 0 | 0 | 0 | 64,000 |
| Pretax income | 78,000 | 252,000 | 392,000 | 421,000 |
| Income tax | 13,000 | 46,000 | 71,000 | 76,000 |
| Net income | 65,000 | 206,000 | 321,000 | 345,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,982,000 | 6,033,000 | 6,147,000 | 6,171,000 |
| Total capital | 6,229,000 | 6,281,000 | 6,395,000 | 6,461,000 |
| Risk-weighted assets | 23,079,000 | 23,558,000 | 23,017,000 | 24,562,000 |