Call reports 2020
CORNERSTONE COMMUNITY BANK — 2020
What CORNERSTONE COMMUNITY 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 | 323,421,000 | 458,818,000 | 485,281,000 | 497,357,000 |
| Total loans | 250,352,000 | 333,620,000 | 342,416,000 | 332,176,000 |
| Allowance for loan losses | 3,859,000 | 4,009,000 | 4,009,000 | 4,009,000 |
| Securities available for sale | 13,144,000 | 16,173,000 | 50,699,000 | 50,335,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 268,205,000 | 341,707,000 | 371,635,000 | 441,326,000 |
| Interest-bearing deposits | 209,658,000 | 245,028,000 | 267,652,000 | 325,191,000 |
| Noninterest-bearing deposits | 58,547,000 | 96,679,000 | 103,983,000 | 116,136,000 |
| Equity capital | 30,823,000 | 32,292,000 | 33,645,000 | 38,861,000 |
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 | 3,509,000 | 7,251,000 | 11,141,000 | 16,117,000 |
| Interest expense | 571,000 | 1,067,000 | 1,485,000 | 1,840,000 |
| Net interest income | 2,938,000 | 6,184,000 | 9,656,000 | 14,277,000 |
| Noninterest income | 409,000 | 630,000 | 853,000 | 1,215,000 |
| Noninterest expense | 1,892,000 | 3,293,000 | 5,222,000 | 7,124,000 |
| Provision for loan losses | 1,450,000 | 1,600,000 | 1,600,000 | 1,600,000 |
| Pretax income | 5,000 | 1,921,000 | 3,778,000 | 6,859,000 |
| Income tax | -126,000 | 423,000 | 956,000 | 1,852,000 |
| Net income | 131,000 | 1,498,000 | 2,822,000 | 5,007,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,585,000 | 31,976,000 | 33,272,000 | 38,466,000 |
| Total capital | 34,052,000 | 35,526,000 | 37,133,000 | 42,604,000 |
| Risk-weighted assets | 276,896,000 | 283,372,000 | 308,593,000 | 335,600,000 |