Call reports 2018
CORNERSTONE BANK — 2018
What CORNERSTONE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 254,256,000 | 252,332,000 | 264,415,000 | 252,099,000 |
| Total loans | 179,908,000 | 176,724,000 | 185,315,000 | 181,290,000 |
| Allowance for loan losses | 1,346,000 | 1,365,000 | 1,391,000 | 1,336,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 51,602,000 | 50,664,000 | 51,006,000 | 50,269,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 227,469,000 | 233,358,000 | 245,071,000 | 228,142,000 |
| Interest-bearing deposits | 189,787,000 | 191,510,000 | 197,089,000 | 188,459,000 |
| Noninterest-bearing deposits | 37,682,000 | 41,848,000 | 47,982,000 | 39,682,000 |
| Equity capital | 16,018,000 | 16,309,000 | 16,543,000 | 16,732,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,200,000 | 4,551,000 | 6,870,000 | 9,249,000 |
| Interest expense | 324,000 | 697,000 | 1,100,000 | 1,537,000 |
| Net interest income | 1,876,000 | 3,854,000 | 5,770,000 | 7,712,000 |
| Noninterest income | 125,000 | 257,000 | 420,000 | 550,000 |
| Noninterest expense | 1,911,000 | 3,707,000 | 5,531,000 | 7,412,000 |
| Provision for loan losses | 0 | 21,000 | 42,000 | 42,000 |
| Pretax income | 90,000 | 383,000 | 617,000 | 808,000 |
| Income tax | 1,000 | 2,000 | 2,000 | 9,000 |
| Net income | 89,000 | 381,000 | 615,000 | 799,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,982,000 | 16,274,000 | 16,509,000 | 16,692,000 |
| Total capital | 18,376,000 | 18,687,000 | 18,947,000 | 19,066,000 |
| Risk-weighted assets | 174,370,000 | 172,107,000 | 177,938,000 | 173,293,000 |