Call reports 2019
CORNERSTONE BANK — 2019
What CORNERSTONE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 250,995,000 | 255,282,000 | 258,774,000 | 259,346,000 |
| Total loans | 177,578,000 | 172,141,000 | 175,217,000 | 177,047,000 |
| Allowance for loan losses | 1,342,000 | 1,375,000 | 1,383,000 | 1,391,000 |
| Securities available for sale | 0 | 0 | 36,976,000 | 30,926,000 |
| Securities held to maturity | 49,519,000 | 48,606,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,931,000 | 233,300,000 | 236,761,000 | 232,924,000 |
| Interest-bearing deposits | 188,709,000 | 193,240,000 | 195,595,000 | 185,375,000 |
| Noninterest-bearing deposits | 40,222,000 | 40,060,000 | 41,166,000 | 47,549,000 |
| Equity capital | 16,845,000 | 16,871,000 | 16,842,000 | 21,387,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,285,000 | 4,572,000 | 6,904,000 | 9,152,000 |
| Interest expense | 522,000 | 1,101,000 | 1,732,000 | 2,318,000 |
| Net interest income | 1,763,000 | 3,471,000 | 5,172,000 | 6,834,000 |
| Noninterest income | 124,000 | 261,000 | 426,000 | 568,000 |
| Noninterest expense | 1,772,000 | 3,590,000 | 5,408,000 | 7,275,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 115,000 | 142,000 | 479,000 | 416,000 |
| Income tax | 1,000 | 1,000 | 2,000 | -4,682,000 |
| Net income | 114,000 | 141,000 | 477,000 | 5,098,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,806,000 | 16,833,000 | 17,169,000 | 17,103,000 |
| Total capital | 19,186,000 | 19,246,000 | 19,589,000 | 19,523,000 |
| Risk-weighted assets | 174,105,000 | 165,378,000 | 169,897,000 | 177,019,000 |