Call reports 2019
CORNERSTONE BANK, THE — 2019
What CORNERSTONE BANK, THE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 139,072,000 | 139,273,000 | 140,626,000 | 139,339,000 |
| Total loans | 109,797,000 | 108,746,000 | 107,057,000 | 106,517,000 |
| Allowance for loan losses | 1,780,000 | 1,874,000 | 1,963,000 | 1,920,000 |
| Securities available for sale | 16,456,000 | 15,978,000 | 16,486,000 | 17,075,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,074,000 | 117,842,000 | 118,879,000 | 119,095,000 |
| Interest-bearing deposits | 94,331,000 | 93,596,000 | 95,483,000 | 96,216,000 |
| Noninterest-bearing deposits | 23,743,000 | 24,246,000 | 23,396,000 | 22,879,000 |
| Equity capital | 19,389,000 | 20,002,000 | 20,188,000 | 20,031,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,034,000 | 4,223,000 | 6,445,000 | 8,568,000 |
| Interest expense | 378,000 | 770,000 | 1,175,000 | 1,596,000 |
| Net interest income | 1,656,000 | 3,453,000 | 5,270,000 | 6,972,000 |
| Noninterest income | 435,000 | 689,000 | 895,000 | 1,253,000 |
| Noninterest expense | 1,465,000 | 2,751,000 | 4,220,000 | 6,057,000 |
| Provision for loan losses | 188,000 | 263,000 | 338,000 | 413,000 |
| Pretax income | 434,000 | 1,126,000 | 1,605,000 | 1,753,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 434,000 | 1,126,000 | 1,605,000 | 1,753,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,337,000 | 19,829,000 | 20,008,000 | 19,820,000 |
| Total capital | 20,574,000 | 21,052,000 | 21,212,000 | 21,014,000 |
| Risk-weighted assets | 98,425,000 | 97,198,000 | 95,594,000 | 94,852,000 |