Call reports 2016
FIRST CORNERSTONE BANK — 2016
What FIRST CORNERSTONE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 |
|---|---|
| Total assets | 103,307,000 |
| Total loans | 50,412,000 |
| Allowance for loan losses | 982,000 |
| Securities available for sale | 8,298,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 101,040,000 |
| Interest-bearing deposits | 91,411,000 |
| Noninterest-bearing deposits | 9,629,000 |
| Equity capital | 2,105,000 |
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 |
|---|---|
| Interest income | 834,000 |
| Interest expense | 198,000 |
| Net interest income | 636,000 |
| Noninterest income | -350,000 |
| Noninterest expense | 1,439,000 |
| Provision for loan losses | 0 |
| Pretax income | -1,149,000 |
| Income tax | 0 |
| Net income | -1,149,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 |
|---|---|
| Tier 1 capital | 2,098,000 |
| Total capital | 2,777,000 |
| Risk-weighted assets | 54,005,000 |