Call reports 2019
CORNERSTONE NATIONAL BANK & TRUST COMPANY — 2019
What CORNERSTONE NATIONAL BANK & TRUST COMPANY 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 | 583,170,000 | 605,877,000 | 637,318,000 | 631,327,000 |
| Total loans | 419,953,000 | 455,990,000 | 453,435,000 | 472,994,000 |
| Allowance for loan losses | 6,985,000 | 7,076,000 | 7,076,000 | 7,076,000 |
| Securities available for sale | 103,190,000 | 97,399,000 | 96,889,000 | 99,323,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 520,358,000 | 540,903,000 | 573,242,000 | 566,845,000 |
| Interest-bearing deposits | 368,655,000 | 377,378,000 | 402,083,000 | 400,007,000 |
| Noninterest-bearing deposits | 151,703,000 | 163,525,000 | 171,159,000 | 166,838,000 |
| Equity capital | 55,964,000 | 57,850,000 | 53,964,000 | 55,826,000 |
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 | 6,081,000 | 12,514,000 | 19,240,000 | 25,933,000 |
| Interest expense | 912,000 | 1,899,000 | 3,112,000 | 4,342,000 |
| Net interest income | 5,169,000 | 10,615,000 | 16,128,000 | 21,591,000 |
| Noninterest income | 1,159,000 | 2,480,000 | 3,881,000 | 5,335,000 |
| Noninterest expense | 4,081,000 | 8,668,000 | 14,082,000 | 18,803,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,247,000 | 4,427,000 | 5,927,000 | 8,123,000 |
| Income tax | 611,000 | 1,208,000 | 1,622,000 | 2,216,000 |
| Net income | 1,636,000 | 3,219,000 | 4,305,000 | 5,907,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,984,000 | 57,316,000 | 53,403,000 | 55,193,000 |
| Total capital | 62,214,000 | 63,911,000 | 59,984,000 | 62,132,000 |
| Risk-weighted assets | 497,657,000 | 527,111,000 | 526,012,000 | 554,979,000 |