Call reports 2012
CORNERSTONE BANK — 2012
What CORNERSTONE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 243,915,000 | 237,707,000 | 250,916,000 | 275,846,000 |
| Total loans | 75,358,000 | 82,656,000 | 85,516,000 | 89,142,000 |
| Allowance for loan losses | 728,000 | 772,000 | 668,000 | 717,000 |
| Securities available for sale | 76,150,000 | 83,675,000 | 89,102,000 | 92,895,000 |
| Securities held to maturity | 21,018,000 | 17,559,000 | 15,593,000 | 14,188,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 222,072,000 | 214,600,000 | 229,781,000 | 254,480,000 |
| Interest-bearing deposits | 160,528,000 | 157,900,000 | 169,759,000 | 187,970,000 |
| Noninterest-bearing deposits | 61,544,000 | 56,700,000 | 60,022,000 | 66,510,000 |
| Equity capital | 18,452,000 | 19,120,000 | 20,038,000 | 20,257,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,618,000 | 3,285,000 | 5,026,000 | 6,788,000 |
| Interest expense | 171,000 | 323,000 | 468,000 | 614,000 |
| Net interest income | 1,447,000 | 2,962,000 | 4,558,000 | 6,174,000 |
| Noninterest income | 179,000 | 372,000 | 575,000 | 799,000 |
| Noninterest expense | 785,000 | 1,563,000 | 2,373,000 | 3,343,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 190,000 |
| Pretax income | 796,000 | 1,681,000 | 2,625,000 | 3,440,000 |
| Income tax | 55,000 | 108,000 | 170,000 | 223,000 |
| Net income | 741,000 | 1,573,000 | 2,455,000 | 3,217,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,553,000 | 17,100,000 | 17,808,000 | 18,368,000 |
| Total capital | 17,281,000 | 17,872,000 | 18,476,000 | 19,085,000 |
| Risk-weighted assets | 105,680,000 | 121,841,000 | 118,019,000 | 126,113,000 |