Call reports 2017
CORNERSTONE BANK — 2017
What CORNERSTONE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 113,558,000 | 106,671,000 | 107,212,000 | 101,879,000 |
| Total loans | 73,727,000 | 75,952,000 | 73,761,000 | 74,764,000 |
| Allowance for loan losses | 984,000 | 1,025,000 | 1,059,000 | 1,046,000 |
| Securities available for sale | 18,796,000 | 13,816,000 | 12,178,000 | 10,920,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,515,000 | 87,376,000 | 88,618,000 | 86,223,000 |
| Interest-bearing deposits | 73,991,000 | 71,487,000 | 71,583,000 | 69,983,000 |
| Noninterest-bearing deposits | 18,524,000 | 15,889,000 | 17,035,000 | 16,240,000 |
| Equity capital | 12,623,000 | 12,938,000 | 13,061,000 | 12,577,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 936,000 | 1,908,000 | 2,875,000 | 3,829,000 |
| Interest expense | 85,000 | 175,000 | 261,000 | 344,000 |
| Net interest income | 851,000 | 1,733,000 | 2,614,000 | 3,485,000 |
| Noninterest income | 106,000 | 210,000 | 303,000 | 395,000 |
| Noninterest expense | 717,000 | 1,458,000 | 2,198,000 | 2,872,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 240,000 | 500,000 | 760,000 | 1,052,000 |
| Income tax | 61,000 | 130,000 | 196,000 | 846,000 |
| Net income | 179,000 | 370,000 | 564,000 | 206,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,119,000 | 11,310,000 | 11,505,000 | 11,540,000 |
| Total capital | 12,006,000 | 12,206,000 | 12,395,000 | 12,410,000 |
| Risk-weighted assets | 70,593,000 | 71,198,000 | 70,748,000 | 69,265,000 |