Call reports 2022
CORNERSTONE COMMUNITY BANK — 2022
What CORNERSTONE COMMUNITY 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 | 579,649,000 | 585,620,000 | 590,499,000 | 582,578,000 |
| Total loans | 375,369,000 | 399,157,000 | 400,480,000 | 420,415,000 |
| Allowance for loan losses | 5,077,000 | 5,132,000 | 5,172,000 | 5,159,000 |
| Securities available for sale | 99,748,000 | 102,692,000 | 95,511,000 | 94,435,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 532,861,000 | 540,055,000 | 545,549,000 | 535,037,000 |
| Interest-bearing deposits | 401,151,000 | 409,305,000 | 416,068,000 | 407,874,000 |
| Noninterest-bearing deposits | 131,710,000 | 130,750,000 | 129,481,000 | 127,163,000 |
| Equity capital | 44,873,000 | 42,917,000 | 42,043,000 | 44,770,000 |
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 | 4,776,000 | 9,871,000 | 15,788,000 | 22,158,000 |
| Interest expense | 278,000 | 620,000 | 1,192,000 | 2,257,000 |
| Net interest income | 4,498,000 | 9,251,000 | 14,596,000 | 19,901,000 |
| Noninterest income | 283,000 | 566,000 | 849,000 | 1,133,000 |
| Noninterest expense | 2,239,000 | 4,651,000 | 7,340,000 | 10,086,000 |
| Provision for loan losses | 18,000 | 73,000 | 113,000 | 113,000 |
| Pretax income | 2,524,000 | 5,093,000 | 7,992,000 | 10,835,000 |
| Income tax | 728,000 | 1,465,000 | 2,303,000 | 3,099,000 |
| Net income | 1,796,000 | 3,628,000 | 5,689,000 | 7,736,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,847,000 | 52,703,000 | 54,766,000 | 56,860,000 |
| Total capital | 56,143,000 | 58,064,000 | 60,167,000 | 62,248,000 |
| Risk-weighted assets | 423,663,000 | 446,477,000 | 449,508,000 | 491,706,000 |