Call reports 2016
CORNERSTONE BANK — 2016
What CORNERSTONE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 107,084,000 | 108,514,000 | 109,077,000 | 109,726,000 |
| Total loans | 68,688,000 | 70,441,000 | 71,963,000 | 71,959,000 |
| Allowance for loan losses | 1,148,000 | 1,168,000 | 965,000 | 976,000 |
| Securities available for sale | 17,624,000 | 13,074,000 | 15,321,000 | 16,935,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,794,000 | 90,123,000 | 90,372,000 | 91,250,000 |
| Interest-bearing deposits | 76,860,000 | 75,268,000 | 75,227,000 | 73,917,000 |
| Noninterest-bearing deposits | 13,934,000 | 14,855,000 | 15,145,000 | 17,333,000 |
| Equity capital | 10,074,000 | 12,270,000 | 12,380,000 | 12,388,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 915,000 | 1,821,000 | 2,752,000 | 3,697,000 |
| Interest expense | 122,000 | 243,000 | 363,000 | 447,000 |
| Net interest income | 793,000 | 1,578,000 | 2,389,000 | 3,250,000 |
| Noninterest income | 103,000 | 193,000 | 321,000 | 423,000 |
| Noninterest expense | 717,000 | 1,478,000 | 2,246,000 | 3,096,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 191,000 | 377,000 | 548,000 | 703,000 |
| Income tax | 0 | -1,896,000 | -1,855,000 | -1,979,000 |
| Net income | 191,000 | 2,273,000 | 2,403,000 | 2,682,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,042,000 | 10,469,000 | 10,599,000 | 10,940,000 |
| Total capital | 10,901,000 | 11,341,000 | 11,485,000 | 11,815,000 |
| Risk-weighted assets | 68,467,000 | 68,804,000 | 70,218,000 | 69,296,000 |