Call reports 2017
CORNERSTONE BANK — 2017
What CORNERSTONE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 244,523,000 | 260,119,000 | 254,392,000 | 256,855,000 |
| Total loans | 167,195,000 | 163,552,000 | 173,196,000 | 172,952,000 |
| Allowance for loan losses | 1,593,000 | 1,629,000 | 1,635,000 | 1,340,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 55,457,000 | 54,482,000 | 53,406,000 | 52,463,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 226,384,000 | 241,896,000 | 235,895,000 | 238,218,000 |
| Interest-bearing deposits | 190,858,000 | 200,056,000 | 198,781,000 | 196,452,000 |
| Noninterest-bearing deposits | 35,526,000 | 41,840,000 | 37,114,000 | 41,767,000 |
| Equity capital | 15,330,000 | 15,535,000 | 15,740,000 | 15,929,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,088,000 | 4,313,000 | 6,582,000 | 8,799,000 |
| Interest expense | 266,000 | 557,000 | 884,000 | 1,212,000 |
| Net interest income | 1,822,000 | 3,756,000 | 5,698,000 | 7,587,000 |
| Noninterest income | 137,000 | 278,000 | 533,000 | 664,000 |
| Noninterest expense | 1,890,000 | 3,744,000 | 5,720,000 | 7,615,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 54,000 | 260,000 | 466,000 | 576,000 |
| Income tax | 1,000 | 1,000 | 2,000 | -78,000 |
| Net income | 53,000 | 259,000 | 464,000 | 654,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,291,000 | 15,498,000 | 15,703,000 | 15,893,000 |
| Total capital | 17,930,000 | 18,173,000 | 18,394,000 | 18,280,000 |
| Risk-weighted assets | 175,617,000 | 176,746,000 | 177,267,000 | 174,486,000 |