Call reports 2018
CORNERSTONE BANK — 2018
What CORNERSTONE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,135,326,000 | 1,132,009,000 | 1,150,715,000 | 1,158,222,000 |
| Total loans | 994,548,000 | 995,286,000 | 992,611,000 | 1,000,172,000 |
| Allowance for loan losses | 5,331,000 | 4,805,000 | 5,117,000 | 5,364,000 |
| Securities available for sale | 32,982,000 | 36,303,000 | 38,737,000 | 43,331,000 |
| Securities held to maturity | 7,686,000 | 6,558,000 | 5,950,000 | 5,488,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 898,811,000 | 900,344,000 | 907,174,000 | 908,499,000 |
| Interest-bearing deposits | 876,112,000 | 876,745,000 | 885,725,000 | 882,620,000 |
| Noninterest-bearing deposits | 22,699,000 | 23,599,000 | 21,449,000 | 25,879,000 |
| Equity capital | 108,385,000 | 112,647,000 | 113,749,000 | 114,451,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 9,991,000 | 20,496,000 | 31,099,000 | 42,013,000 |
| Interest expense | 1,899,000 | 4,093,000 | 6,580,000 | 9,528,000 |
| Net interest income | 8,092,000 | 16,403,000 | 24,519,000 | 32,485,000 |
| Noninterest income | 1,671,000 | 3,439,000 | 5,397,000 | 7,352,000 |
| Noninterest expense | 8,387,000 | 16,436,000 | 24,402,000 | 33,869,000 |
| Provision for loan losses | 296,000 | 637,000 | 987,000 | 1,328,000 |
| Pretax income | 1,080,000 | 2,746,000 | 4,480,000 | 4,593,000 |
| Income tax | 317,000 | 296,000 | 802,000 | 769,000 |
| Net income | 763,000 | 2,450,000 | 3,678,000 | 3,824,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 108,941,000 | 110,774,000 | 112,146,000 | 112,436,000 |
| Total capital | 114,272,000 | 115,579,000 | 117,263,000 | 117,800,000 |
| Risk-weighted assets | 823,114,000 | 822,679,000 | 833,835,000 | 851,144,000 |