Call reports 2019
CORNERSTONE COMMUNITY BANK — 2019
What CORNERSTONE COMMUNITY BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 266,028,000 | 289,343,000 | 304,489,000 | 288,339,000 |
| Total loans | 214,475,000 | 222,199,000 | 233,342,000 | 241,662,000 |
| Allowance for loan losses | 2,235,000 | 2,345,000 | 2,317,000 | 2,409,000 |
| Securities available for sale | 7,719,000 | 7,010,000 | 5,577,000 | 13,354,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 231,190,000 | 256,347,000 | 270,341,000 | 253,545,000 |
| Interest-bearing deposits | 180,411,000 | 201,724,000 | 210,761,000 | 201,029,000 |
| Noninterest-bearing deposits | 50,780,000 | 54,623,000 | 59,580,000 | 52,515,000 |
| Equity capital | 27,635,000 | 28,658,000 | 29,592,000 | 30,560,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,328,000 | 6,732,000 | 10,338,000 | 13,923,000 |
| Interest expense | 606,000 | 1,225,000 | 1,918,000 | 2,573,000 |
| Net interest income | 2,722,000 | 5,507,000 | 8,420,000 | 11,350,000 |
| Noninterest income | 339,000 | 829,000 | 1,047,000 | 1,263,000 |
| Noninterest expense | 1,749,000 | 3,514,000 | 5,254,000 | 7,036,000 |
| Provision for loan losses | 90,000 | 200,000 | 240,000 | 340,000 |
| Pretax income | 1,222,000 | 2,622,000 | 3,973,000 | 5,237,000 |
| Income tax | 356,000 | 762,000 | 1,152,000 | 1,452,000 |
| Net income | 866,000 | 1,860,000 | 2,821,000 | 3,785,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,604,000 | 28,581,000 | 29,518,000 | 30,508,000 |
| Total capital | 29,918,000 | 31,005,000 | 31,914,000 | 32,996,000 |
| Risk-weighted assets | 235,468,000 | 255,333,000 | 257,960,000 | 264,842,000 |