Call reports 2019
CORNERSTONE BANK — 2019
What CORNERSTONE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,154,416,000 | 1,144,037,000 | 1,149,873,000 | 1,166,320,000 |
| Total loans | 1,006,296,000 | 997,152,000 | 996,678,000 | 1,013,751,000 |
| Allowance for loan losses | 5,502,000 | 5,548,000 | 5,880,000 | 6,179,000 |
| Securities available for sale | 45,646,000 | 44,825,000 | 46,628,000 | 49,293,000 |
| Securities held to maturity | 4,905,000 | 4,805,000 | 4,205,000 | 3,420,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 914,361,000 | 878,565,000 | 889,611,000 | 916,122,000 |
| Interest-bearing deposits | 821,998,000 | 782,454,000 | 794,266,000 | 813,936,000 |
| Noninterest-bearing deposits | 92,363,000 | 96,111,000 | 95,345,000 | 102,186,000 |
| Equity capital | 115,933,000 | 117,219,000 | 118,558,000 | 119,401,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 10,904,000 | 22,132,000 | 33,091,000 | 44,051,000 |
| Interest expense | 2,925,000 | 5,913,000 | 8,885,000 | 11,881,000 |
| Net interest income | 7,979,000 | 16,219,000 | 24,206,000 | 32,170,000 |
| Noninterest income | 1,855,000 | 4,042,000 | 6,089,000 | 8,228,000 |
| Noninterest expense | 8,189,000 | 16,473,000 | 24,633,000 | 33,141,000 |
| Provision for loan losses | 321,000 | -402,000 | -44,000 | 288,000 |
| Pretax income | 1,324,000 | 4,190,000 | 5,706,000 | 6,969,000 |
| Income tax | 364,000 | 793,000 | 1,180,000 | 1,409,000 |
| Net income | 960,000 | 3,397,000 | 4,526,000 | 5,560,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 114,182,000 | 116,763,000 | 118,036,000 | 119,215,000 |
| Total capital | 119,684,000 | 122,311,000 | 123,916,000 | 125,394,000 |
| Risk-weighted assets | 863,081,000 | 865,997,000 | 876,625,000 | 891,250,000 |