Call reports 2022
CORNERSTONE BANK — 2022
What CORNERSTONE BANK 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 | 1,468,452,000 | 1,416,430,000 | 1,447,775,000 | 1,503,686,000 |
| Total loans | 1,160,484,000 | 1,185,046,000 | 1,226,133,000 | 1,257,126,000 |
| Allowance for loan losses | 11,727,000 | 12,030,000 | 12,271,000 | 12,332,000 |
| Securities available for sale | 108,295,000 | 111,796,000 | 119,490,000 | 119,217,000 |
| Securities held to maturity | 259,000 | 226,000 | 200,000 | 179,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,246,933,000 | 1,206,264,000 | 1,209,111,000 | 1,251,184,000 |
| Interest-bearing deposits | 1,042,519,000 | 1,007,873,000 | 1,003,084,000 | 1,049,640,000 |
| Noninterest-bearing deposits | 204,414,000 | 198,391,000 | 206,027,000 | 201,544,000 |
| Equity capital | 117,531,000 | 116,048,000 | 112,443,000 | 114,936,000 |
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 | 10,970,000 | 22,384,000 | 34,486,000 | 47,996,000 |
| Interest expense | 980,000 | 1,877,000 | 2,895,000 | 5,307,000 |
| Net interest income | 9,990,000 | 20,507,000 | 31,591,000 | 42,689,000 |
| Noninterest income | 2,106,000 | 4,953,000 | 7,325,000 | 9,768,000 |
| Noninterest expense | 10,315,000 | 20,159,000 | 30,982,000 | 41,677,000 |
| Provision for loan losses | 220,000 | 536,000 | 796,000 | 928,000 |
| Pretax income | 1,561,000 | 4,765,000 | 7,138,000 | 9,852,000 |
| Income tax | 414,000 | 913,000 | 1,534,000 | 2,229,000 |
| Net income | 1,147,000 | 3,852,000 | 5,604,000 | 7,623,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 124,214,000 | 127,065,000 | 128,960,000 | 131,124,000 |
| Total capital | 135,941,000 | 139,095,000 | 141,231,000 | 143,456,000 |
| Risk-weighted assets | 1,025,165,000 | 1,052,286,000 | 1,088,407,000 | 1,112,265,000 |