Call reports 2017
CORNERSTONE BANK — 2017
What CORNERSTONE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 575,552,000 | 1,133,434,000 | 1,116,445,000 | 1,119,920,000 |
| Total loans | 497,504,000 | 978,091,000 | 976,392,000 | 972,884,000 |
| Allowance for loan losses | 3,604,000 | 4,160,000 | 4,493,000 | 5,184,000 |
| Securities available for sale | 9,658,000 | 24,133,000 | 23,133,000 | 28,137,000 |
| Securities held to maturity | 11,976,000 | 10,780,000 | 10,112,000 | 8,324,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 452,718,000 | 882,706,000 | 874,360,000 | 875,515,000 |
| Interest-bearing deposits | 420,098,000 | 862,384,000 | 854,651,000 | 853,533,000 |
| Noninterest-bearing deposits | 32,620,000 | 20,322,000 | 19,709,000 | 21,982,000 |
| Equity capital | 59,247,000 | 105,305,000 | 106,676,000 | 107,973,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 5,158,000 | 19,920,000 | 29,980,000 | 39,884,000 |
| Interest expense | 824,000 | 3,640,000 | 5,534,000 | 7,411,000 |
| Net interest income | 4,334,000 | 16,280,000 | 24,446,000 | 32,473,000 |
| Noninterest income | 411,000 | 3,276,000 | 4,965,000 | 7,106,000 |
| Noninterest expense | 3,670,000 | 17,172,000 | 24,822,000 | 32,707,000 |
| Provision for loan losses | 11,000 | 503,000 | 921,000 | 1,695,000 |
| Pretax income | 1,331,000 | 2,299,000 | 4,204,000 | 5,708,000 |
| Income tax | 456,000 | 761,000 | 1,161,000 | 2,668,000 |
| Net income | 875,000 | 1,538,000 | 3,043,000 | 3,040,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,612,000 | 105,401,000 | 106,908,000 | 108,653,000 |
| Total capital | 64,473,000 | 109,777,000 | 111,624,000 | 113,837,000 |
| Risk-weighted assets | 403,209,000 | 804,756,000 | 803,158,000 | 794,273,000 |