Call reports 2016
CORNERBANK — 2016
What CORNERBANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Total assets | 270,737,000 | 263,645,000 |
| Total loans | 156,555,000 | 161,618,000 |
| Allowance for loan losses | 2,222,000 | 2,211,000 |
| Securities available for sale | 100,665,000 | 81,556,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 229,820,000 | 230,003,000 |
| Interest-bearing deposits | 199,491,000 | 199,258,000 |
| Noninterest-bearing deposits | 30,329,000 | 30,745,000 |
| Equity capital | 26,040,000 | 26,329,000 |
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 |
|---|---|---|
| Interest income | 2,437,000 | 4,843,000 |
| Interest expense | 201,000 | 399,000 |
| Net interest income | 2,236,000 | 4,444,000 |
| Noninterest income | 686,000 | 1,410,000 |
| Noninterest expense | 2,321,000 | 5,043,000 |
| Provision for loan losses | 36,000 | 36,000 |
| Pretax income | 783,000 | 1,816,000 |
| Income tax | 27,000 | 50,000 |
| Net income | 756,000 | 1,766,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Tier 1 capital | 24,748,000 | 25,625,000 |
| Total capital | 26,956,000 | 27,836,000 |
| Risk-weighted assets | 176,640,000 | 180,195,000 |