Call reports 2021
CORNERSTONE BANK — 2021
What CORNERSTONE BANK 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 | 1,389,671,000 | 1,393,788,000 | 1,420,945,000 | 1,443,855,000 |
| Total loans | 1,165,998,000 | 1,173,129,000 | 1,164,346,000 | 1,156,258,000 |
| Allowance for loan losses | 11,575,000 | 11,408,000 | 11,597,000 | 11,531,000 |
| Securities available for sale | 69,496,000 | 74,463,000 | 77,721,000 | 100,808,000 |
| Securities held to maturity | 483,000 | 406,000 | 347,000 | 303,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,142,578,000 | 1,150,820,000 | 1,172,490,000 | 1,220,155,000 |
| Interest-bearing deposits | 968,041,000 | 976,766,000 | 991,650,000 | 998,290,000 |
| Noninterest-bearing deposits | 174,537,000 | 174,054,000 | 180,840,000 | 221,865,000 |
| Equity capital | 114,737,000 | 119,958,000 | 121,509,000 | 121,532,000 |
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 | 11,562,000 | 23,050,000 | 34,296,000 | 45,895,000 |
| Interest expense | 1,838,000 | 3,433,000 | 4,799,000 | 5,982,000 |
| Net interest income | 9,724,000 | 19,617,000 | 29,497,000 | 39,913,000 |
| Noninterest income | 2,558,000 | 4,717,000 | 7,055,000 | 9,284,000 |
| Noninterest expense | 9,437,000 | 18,320,000 | 27,804,000 | 37,709,000 |
| Provision for loan losses | 314,000 | 619,000 | 832,000 | 957,000 |
| Pretax income | 2,594,000 | 5,458,000 | 7,844,000 | 10,458,000 |
| Income tax | 621,000 | 1,235,000 | 1,809,000 | 2,485,000 |
| Net income | 1,973,000 | 4,223,000 | 6,035,000 | 7,973,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 117,988,000 | 120,383,000 | 122,340,000 | 122,923,000 |
| Total capital | 129,563,000 | 131,791,000 | 133,937,000 | 134,454,000 |
| Risk-weighted assets | 959,701,000 | 987,575,000 | 990,972,000 | 1,001,868,000 |