Call reports 2021
CORNERSTONE COMMUNITY BANK — 2021
What CORNERSTONE COMMUNITY BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 537,228,000 | 525,734,000 | 554,521,000 | 603,280,000 |
| Total loans | 383,355,000 | 390,748,000 | 388,532,000 | 387,373,000 |
| Allowance for loan losses | 4,409,000 | 4,509,000 | 4,909,000 | 5,059,000 |
| Securities available for sale | 52,084,000 | 75,258,000 | 110,470,000 | 108,254,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 486,138,000 | 474,060,000 | 500,794,000 | 548,321,000 |
| Interest-bearing deposits | 358,849,000 | 347,196,000 | 358,405,000 | 373,425,000 |
| Noninterest-bearing deposits | 127,288,000 | 126,864,000 | 142,389,000 | 174,896,000 |
| Equity capital | 42,299,000 | 44,725,000 | 46,561,000 | 48,105,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 4,648,000 | 9,298,000 | 14,465,000 | 19,669,000 |
| Interest expense | 282,000 | 544,000 | 808,000 | 1,083,000 |
| Net interest income | 4,366,000 | 8,754,000 | 13,657,000 | 18,586,000 |
| Noninterest income | 941,000 | 1,336,000 | 2,009,000 | 2,367,000 |
| Noninterest expense | 1,734,000 | 3,695,000 | 5,753,000 | 7,957,000 |
| Provision for loan losses | 400,000 | 500,000 | 900,000 | 1,050,000 |
| Pretax income | 3,128,000 | 5,850,000 | 8,968,000 | 11,901,000 |
| Income tax | 906,000 | 1,689,000 | 2,591,000 | 3,436,000 |
| Net income | 2,222,000 | 4,161,000 | 6,377,000 | 8,465,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,711,000 | 44,675,000 | 46,915,000 | 49,028,000 |
| Total capital | 47,103,000 | 49,400,000 | 51,934,000 | 54,211,000 |
| Risk-weighted assets | 351,143,000 | 378,121,000 | 401,397,000 | 414,506,000 |