Call reports 2016
CORNERSTONE BANK — 2016
What CORNERSTONE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 254,689,000 | 253,697,000 | 246,473,000 | 243,284,000 |
| Total loans | 143,460,000 | 142,564,000 | 144,861,000 | 161,483,000 |
| Allowance for loan losses | 1,559,000 | 1,621,000 | 1,643,000 | 1,616,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 66,835,000 | 39,040,000 | 54,497,000 | 54,245,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 236,247,000 | 235,095,000 | 228,118,000 | 225,241,000 |
| Interest-bearing deposits | 200,886,000 | 194,813,000 | 192,187,000 | 186,905,000 |
| Noninterest-bearing deposits | 35,361,000 | 40,282,000 | 35,931,000 | 38,336,000 |
| Equity capital | 15,612,000 | 15,573,000 | 15,425,000 | 15,278,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,217,000 | 4,348,000 | 6,356,000 | 8,380,000 |
| Interest expense | 308,000 | 613,000 | 915,000 | 1,203,000 |
| Net interest income | 1,909,000 | 3,735,000 | 5,441,000 | 7,177,000 |
| Noninterest income | 124,000 | 303,000 | 456,000 | 660,000 |
| Noninterest expense | 2,114,000 | 4,149,000 | 6,154,000 | 8,241,000 |
| Provision for loan losses | 0 | 7,000 | 7,000 | 7,000 |
| Pretax income | -81,000 | -118,000 | -264,000 | -411,000 |
| Income tax | -1,000 | 1,000 | 2,000 | 2,000 |
| Net income | -80,000 | -119,000 | -266,000 | -413,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,571,000 | 15,533,000 | 15,385,000 | 15,239,000 |
| Total capital | 18,176,000 | 18,200,000 | 18,074,000 | 17,901,000 |
| Risk-weighted assets | 171,060,000 | 171,978,000 | 171,116,000 | 174,984,000 |