Call reports 2024
CORNERSTONE COMMUNITY BANK — 2024
What CORNERSTONE COMMUNITY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 670,575,000 | 678,534,000 | 669,193,000 | 657,922,000 |
| Total loans | 488,179,000 | 498,048,000 | 487,125,000 | 498,863,000 |
| Allowance for loan losses | 5,957,000 | 6,126,000 | 6,164,000 | 6,164,000 |
| Securities available for sale | 90,767,000 | 89,089,000 | 90,616,000 | 87,492,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 590,530,000 | 595,929,000 | 589,558,000 | 584,869,000 |
| Interest-bearing deposits | 490,723,000 | 492,946,000 | 497,133,000 | 494,744,000 |
| Noninterest-bearing deposits | 99,807,000 | 102,983,000 | 92,425,000 | 90,125,000 |
| Equity capital | 55,920,000 | 57,093,000 | 52,209,000 | 53,762,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 8,152,000 | 16,919,000 | 25,183,000 | 33,800,000 |
| Interest expense | 3,119,000 | 6,630,000 | 10,324,000 | 13,622,000 |
| Net interest income | 5,033,000 | 10,289,000 | 14,859,000 | 20,178,000 |
| Noninterest income | 377,000 | 765,000 | 1,140,000 | 1,535,000 |
| Noninterest expense | 3,197,000 | 6,494,000 | 9,563,000 | 12,784,000 |
| Provision for loan losses | 144,000 | 313,000 | 9,713,000 | 9,713,000 |
| Pretax income | 2,069,000 | 4,247,000 | -3,277,000 | -784,000 |
| Income tax | 551,000 | 1,157,000 | -1,067,000 | -507,000 |
| Net income | 1,518,000 | 3,090,000 | -2,210,000 | -277,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,626,000 | 67,076,000 | 60,538,000 | 62,853,000 |
| Total capital | 71,722,000 | 73,341,000 | 66,841,000 | 69,156,000 |
| Risk-weighted assets | 556,381,000 | 570,928,000 | 556,616,000 | 558,796,000 |