Call reports 2022
CORNERSTONE BANK, THE — 2022
What CORNERSTONE BANK, THE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 184,298,000 | 184,822,000 | 179,880,000 | 172,631,000 |
| Total loans | 120,757,000 | 120,559,000 | 122,310,000 | 124,019,000 |
| Allowance for loan losses | 1,943,000 | 2,081,000 | 2,099,000 | 1,898,000 |
| Securities available for sale | 23,542,000 | 24,646,000 | 28,296,000 | 29,492,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 163,733,000 | 164,468,000 | 159,612,000 | 152,287,000 |
| Interest-bearing deposits | 123,309,000 | 123,354,000 | 118,463,000 | 114,007,000 |
| Noninterest-bearing deposits | 40,424,000 | 41,114,000 | 41,149,000 | 38,280,000 |
| Equity capital | 20,346,000 | 20,069,000 | 19,862,000 | 20,004,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,112,000 | 4,303,000 | 6,691,000 | 9,152,000 |
| Interest expense | 296,000 | 580,000 | 854,000 | 1,227,000 |
| Net interest income | 1,816,000 | 3,723,000 | 5,837,000 | 7,925,000 |
| Noninterest income | 345,000 | 671,000 | 996,000 | 1,378,000 |
| Noninterest expense | 1,495,000 | 3,189,000 | 4,848,000 | 6,793,000 |
| Provision for loan losses | 65,000 | 140,000 | 215,000 | 290,000 |
| Pretax income | 601,000 | 1,065,000 | 1,770,000 | 2,220,000 |
| Income tax | 37,000 | 37,000 | 37,000 | 37,000 |
| Net income | 564,000 | 1,028,000 | 1,733,000 | 2,183,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,999,000 | 21,363,000 | 21,768,000 | 21,518,000 |
| Total capital | 22,347,000 | 22,698,000 | 23,121,000 | 22,896,000 |
| Risk-weighted assets | 107,311,000 | 106,104,000 | 107,499,000 | 109,747,000 |