Call reports 2018
CORNERSTONE BANK, THE — 2018
What CORNERSTONE BANK, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 144,283,000 | 140,430,000 | 139,050,000 | 141,121,000 |
| Total loans | 110,795,000 | 108,711,000 | 108,638,000 | 109,717,000 |
| Allowance for loan losses | 1,868,000 | 1,691,000 | 1,756,000 | 1,678,000 |
| Securities available for sale | 17,223,000 | 17,383,000 | 17,206,000 | 17,248,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,012,000 | 119,357,000 | 115,182,000 | 117,349,000 |
| Interest-bearing deposits | 94,244,000 | 92,954,000 | 90,765,000 | 92,775,000 |
| Noninterest-bearing deposits | 25,768,000 | 26,403,000 | 24,417,000 | 24,574,000 |
| Equity capital | 18,369,000 | 18,623,000 | 18,753,000 | 18,987,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,990,000 | 3,987,000 | 6,015,000 | 8,087,000 |
| Interest expense | 268,000 | 541,000 | 838,000 | 1,190,000 |
| Net interest income | 1,722,000 | 3,446,000 | 5,177,000 | 6,897,000 |
| Noninterest income | 258,000 | 576,000 | 848,000 | 1,005,000 |
| Noninterest expense | 1,373,000 | 2,862,000 | 4,383,000 | 5,820,000 |
| Provision for loan losses | 445,000 | 520,000 | 595,000 | 680,000 |
| Pretax income | 161,000 | 639,000 | 1,047,000 | 1,400,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 161,000 | 639,000 | 1,047,000 | 1,400,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,514,000 | 18,792,000 | 19,000,000 | 19,103,000 |
| Total capital | 19,754,000 | 20,001,000 | 20,224,000 | 20,340,000 |
| Risk-weighted assets | 98,579,000 | 96,266,000 | 97,456,000 | 98,550,000 |