Call reports 2017
CORNERSTONE COMMUNITY BANK — 2017
What CORNERSTONE COMMUNITY BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 199,955,000 | 210,566,000 | 223,601,000 | 229,034,000 |
| Total loans | 159,769,000 | 171,673,000 | 173,452,000 | 184,814,000 |
| Allowance for loan losses | 1,773,000 | 1,778,000 | 1,848,000 | 1,848,000 |
| Securities available for sale | 13,052,000 | 12,794,000 | 12,486,000 | 12,273,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 166,277,000 | 179,332,000 | 191,655,000 | 196,911,000 |
| Interest-bearing deposits | 138,570,000 | 145,954,000 | 153,334,000 | 158,267,000 |
| Noninterest-bearing deposits | 27,706,000 | 33,378,000 | 38,321,000 | 38,645,000 |
| Equity capital | 20,838,000 | 21,389,000 | 22,015,000 | 22,287,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,145,000 | 4,508,000 | 7,028,000 | 9,697,000 |
| Interest expense | 268,000 | 552,000 | 871,000 | 1,218,000 |
| Net interest income | 1,877,000 | 3,956,000 | 6,157,000 | 8,479,000 |
| Noninterest income | 386,000 | 613,000 | 1,013,000 | 1,266,000 |
| Noninterest expense | 1,342,000 | 2,674,000 | 4,147,000 | 5,622,000 |
| Provision for loan losses | 150,000 | 150,000 | 215,000 | 215,000 |
| Pretax income | 771,000 | 1,745,000 | 2,808,000 | 3,908,000 |
| Income tax | 317,000 | 717,000 | 1,155,000 | 2,005,000 |
| Net income | 454,000 | 1,028,000 | 1,653,000 | 1,903,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,776,000 | 21,298,000 | 21,933,000 | 22,191,000 |
| Total capital | 22,628,000 | 23,155,000 | 23,860,000 | 24,118,000 |
| Risk-weighted assets | 173,199,000 | 190,173,000 | 196,674,000 | 201,662,000 |