Call reports 2020
CORNERSTONE BANK, THE — 2020
What CORNERSTONE BANK, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 140,112,000 | 154,292,000 | 154,642,000 | 162,067,000 |
| Total loans | 107,844,000 | 109,320,000 | 107,793,000 | 111,061,000 |
| Allowance for loan losses | 1,993,000 | 2,052,000 | 2,062,000 | 2,004,000 |
| Securities available for sale | 14,582,000 | 17,169,000 | 19,011,000 | 19,664,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,566,000 | 133,269,000 | 133,438,000 | 141,969,000 |
| Interest-bearing deposits | 96,216,000 | 102,581,000 | 102,936,000 | 106,219,000 |
| Noninterest-bearing deposits | 23,350,000 | 30,688,000 | 30,502,000 | 35,750,000 |
| Equity capital | 20,125,000 | 20,452,000 | 20,832,000 | 19,942,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,041,000 | 4,159,000 | 6,165,000 | 8,152,000 |
| Interest expense | 403,000 | 789,000 | 1,169,000 | 1,518,000 |
| Net interest income | 1,638,000 | 3,370,000 | 4,996,000 | 6,634,000 |
| Noninterest income | 282,000 | 502,000 | 746,000 | 1,076,000 |
| Noninterest expense | 1,320,000 | 3,000,000 | 4,356,000 | 6,240,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 295,000 |
| Pretax income | 525,000 | 722,000 | 1,161,000 | 1,175,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 525,000 | 722,000 | 1,161,000 | 1,175,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,330,000 | 20,128,000 | 20,367,000 | 19,480,000 |
| Total capital | 21,534,000 | 21,368,000 | 21,591,000 | 20,730,000 |
| Risk-weighted assets | 95,587,000 | 98,419,000 | 97,082,000 | 99,266,000 |