Call reports 2021
CORNERSTONE BANK, THE — 2021
What CORNERSTONE BANK, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 167,394,000 | 178,074,000 | 178,427,000 | 179,009,000 |
| Total loans | 112,063,000 | 119,711,000 | 116,787,000 | 122,381,000 |
| Allowance for loan losses | 2,089,000 | 2,112,000 | 2,094,000 | 1,895,000 |
| Securities available for sale | 20,007,000 | 20,078,000 | 21,099,000 | 23,089,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,579,000 | 156,190,000 | 156,038,000 | 157,953,000 |
| Interest-bearing deposits | 108,636,000 | 116,516,000 | 118,858,000 | 119,861,000 |
| Noninterest-bearing deposits | 37,943,000 | 39,674,000 | 37,180,000 | 38,092,000 |
| Equity capital | 20,612,000 | 21,608,000 | 21,267,000 | 20,851,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,438,000 | 5,138,000 | 7,223,000 | 9,322,000 |
| Interest expense | 317,000 | 632,000 | 949,000 | 1,250,000 |
| Net interest income | 2,121,000 | 4,506,000 | 6,274,000 | 8,072,000 |
| Noninterest income | 275,000 | 600,000 | 991,000 | 1,316,000 |
| Noninterest expense | 1,330,000 | 2,838,000 | 4,961,000 | 6,813,000 |
| Provision for loan losses | 60,000 | 80,000 | 80,000 | 120,000 |
| Pretax income | 1,006,000 | 2,188,000 | 2,224,000 | 2,455,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,006,000 | 2,188,000 | 2,224,000 | 2,455,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,286,000 | 21,269,000 | 20,904,000 | 20,635,000 |
| Total capital | 21,540,000 | 22,608,000 | 22,214,000 | 21,994,000 |
| Risk-weighted assets | 99,530,000 | 106,423,000 | 104,050,000 | 108,241,000 |