Call reports 2023
CORNERSTONE COMMUNITY BANK — 2023
What CORNERSTONE COMMUNITY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 616,808,000 | 622,381,000 | 629,469,000 | 642,930,000 |
| Total loans | 431,475,000 | 447,339,000 | 470,060,000 | 482,212,000 |
| Allowance for loan losses | 5,397,000 | 5,617,000 | 5,813,000 | 5,813,000 |
| Securities available for sale | 95,139,000 | 93,889,000 | 90,086,000 | 93,065,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 566,001,000 | 569,521,000 | 576,117,000 | 564,990,000 |
| Interest-bearing deposits | 440,741,000 | 459,475,000 | 474,911,000 | 463,138,000 |
| Noninterest-bearing deposits | 125,260,000 | 110,046,000 | 101,206,000 | 101,852,000 |
| Equity capital | 47,838,000 | 49,772,000 | 49,966,000 | 54,604,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 6,743,000 | 14,100,000 | 21,914,000 | 29,955,000 |
| Interest expense | 1,415,000 | 3,084,000 | 5,102,000 | 7,555,000 |
| Net interest income | 5,328,000 | 11,016,000 | 16,812,000 | 22,400,000 |
| Noninterest income | 328,000 | 701,000 | 1,088,000 | 1,467,000 |
| Noninterest expense | 3,017,000 | 6,080,000 | 9,243,000 | 12,414,000 |
| Provision for loan losses | 110,000 | 330,000 | 530,000 | 530,000 |
| Pretax income | 2,529,000 | 5,307,000 | 8,127,000 | 10,923,000 |
| Income tax | 711,000 | 1,491,000 | 2,270,000 | 3,053,000 |
| Net income | 1,818,000 | 3,816,000 | 5,857,000 | 7,870,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,540,000 | 60,418,000 | 62,337,000 | 64,229,000 |
| Total capital | 64,075,000 | 66,174,000 | 68,289,000 | 70,181,000 |
| Risk-weighted assets | 494,612,000 | 514,674,000 | 534,541,000 | 547,112,000 |