Call reports 2013
CORNERSTONE BANK — 2013
What CORNERSTONE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 312,418,000 | 301,701,000 | 327,667,000 | 346,258,000 |
| Total loans | 90,463,000 | 98,515,000 | 105,485,000 | 112,307,000 |
| Allowance for loan losses | 783,000 | 827,000 | 1,176,000 | 1,234,000 |
| Securities available for sale | 97,985,000 | 99,167,000 | 104,264,000 | 111,533,000 |
| Securities held to maturity | 12,442,000 | 11,190,000 | 10,172,000 | 9,075,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 290,922,000 | 281,561,000 | 307,089,000 | 324,623,000 |
| Interest-bearing deposits | 207,613,000 | 199,059,000 | 221,131,000 | 232,237,000 |
| Noninterest-bearing deposits | 83,309,000 | 82,502,000 | 85,958,000 | 92,386,000 |
| Equity capital | 20,560,000 | 19,389,000 | 19,775,000 | 21,020,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,690,000 | 3,465,000 | 5,399,000 | 7,506,000 |
| Interest expense | 134,000 | 266,000 | 400,000 | 539,000 |
| Net interest income | 1,556,000 | 3,199,000 | 4,999,000 | 6,967,000 |
| Noninterest income | 195,000 | 397,000 | 593,000 | 809,000 |
| Noninterest expense | 906,000 | 1,814,000 | 2,729,000 | 3,647,000 |
| Provision for loan losses | 60,000 | 120,000 | 450,000 | 510,000 |
| Pretax income | 807,000 | 1,684,000 | 2,435,000 | 3,639,000 |
| Income tax | 50,000 | -88,000 | -88,000 | -88,000 |
| Net income | 757,000 | 1,772,000 | 2,523,000 | 3,727,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,886,000 | 19,435,000 | 20,209,000 | 21,436,000 |
| Total capital | 19,669,000 | 20,262,000 | 21,389,000 | 22,670,000 |
| Risk-weighted assets | 128,702,000 | 135,355,000 | 144,288,000 | 153,080,000 |