Call reports 2016
CORNERSTONE BANK, THE — 2016
What CORNERSTONE BANK, THE 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 | 142,664,000 | 140,998,000 | 144,583,000 | 144,030,000 |
| Total loans | 108,442,000 | 110,316,000 | 112,641,000 | 113,069,000 |
| Allowance for loan losses | 2,147,000 | 2,171,000 | 2,198,000 | 1,649,000 |
| Securities available for sale | 22,969,000 | 21,078,000 | 20,860,000 | 19,381,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,205,000 | 116,962,000 | 117,778,000 | 120,541,000 |
| Interest-bearing deposits | 96,992,000 | 95,754,000 | 96,622,000 | 99,155,000 |
| Noninterest-bearing deposits | 22,213,000 | 21,208,000 | 21,156,000 | 21,386,000 |
| Equity capital | 17,305,000 | 17,846,000 | 18,212,000 | 17,457,000 |
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 | 2,057,000 | 4,128,000 | 6,244,000 | 8,346,000 |
| Interest expense | 213,000 | 420,000 | 642,000 | 865,000 |
| Net interest income | 1,844,000 | 3,708,000 | 5,602,000 | 7,481,000 |
| Noninterest income | 184,000 | 418,000 | 656,000 | 844,000 |
| Noninterest expense | 1,359,000 | 2,642,000 | 4,029,000 | 5,640,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 540,000 |
| Pretax income | 602,000 | 1,357,000 | 2,042,000 | 2,144,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 602,000 | 1,357,000 | 2,042,000 | 2,144,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,989,000 | 17,444,000 | 17,829,000 | 17,531,000 |
| Total capital | 18,233,000 | 18,691,000 | 19,119,000 | 18,803,000 |
| Risk-weighted assets | 98,639,000 | 98,908,000 | 102,351,000 | 101,411,000 |