Call reports 2022
CORNERSTONE NATIONAL BANK & TRUST COMPANY — 2022
What CORNERSTONE NATIONAL BANK & TRUST COMPANY reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,065,599,000 | 1,020,216,000 | 1,041,116,000 | 988,598,000 |
| Total loans | 598,309,000 | 611,591,000 | 616,206,000 | 609,680,000 |
| Allowance for loan losses | 8,085,000 | 8,085,000 | 8,085,000 | 8,131,000 |
| Securities available for sale | 139,788,000 | 160,953,000 | 175,464,000 | 148,706,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 960,188,000 | 916,491,000 | 936,290,000 | 884,252,000 |
| Interest-bearing deposits | 532,410,000 | 499,320,000 | 518,219,000 | 534,854,000 |
| Noninterest-bearing deposits | 427,778,000 | 417,171,000 | 418,071,000 | 349,398,000 |
| Equity capital | 82,923,000 | 83,571,000 | 82,554,000 | 83,911,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 7,014,000 | 15,151,000 | 24,685,000 | 35,885,000 |
| Interest expense | 240,000 | 481,000 | 1,049,000 | 2,452,000 |
| Net interest income | 6,774,000 | 14,670,000 | 23,636,000 | 33,433,000 |
| Noninterest income | 1,285,000 | 3,021,000 | 4,731,000 | 5,788,000 |
| Noninterest expense | 5,523,000 | 11,158,000 | 16,967,000 | 23,054,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,445,000 | 6,364,000 | 11,180,000 | 15,941,000 |
| Income tax | 694,000 | 1,799,000 | 3,166,000 | 4,552,000 |
| Net income | 1,751,000 | 4,565,000 | 8,014,000 | 11,389,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 86,105,000 | 89,074,000 | 90,127,000 | 91,002,000 |
| Total capital | 94,190,000 | 97,159,000 | 98,212,000 | 99,133,000 |
| Risk-weighted assets | 700,392,000 | 731,129,000 | 749,134,000 | 748,420,000 |