Call reports 2015
CORNERSTONE BANK — 2015
What CORNERSTONE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 902,264,000 | 819,025,000 | 793,392,000 | 797,442,000 |
| Total loans | 470,163,000 | 510,260,000 | 532,975,000 | 544,716,000 |
| Allowance for loan losses | 3,235,000 | 3,309,000 | 4,109,000 | 5,324,000 |
| Securities available for sale | 165,334,000 | 184,339,000 | 191,509,000 | 186,465,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 818,882,000 | 737,104,000 | 709,040,000 | 712,201,000 |
| Interest-bearing deposits | 569,596,000 | 530,081,000 | 502,482,000 | 509,480,000 |
| Noninterest-bearing deposits | 249,286,000 | 207,024,000 | 206,559,000 | 202,721,000 |
| Equity capital | 74,506,000 | 72,772,000 | 74,567,000 | 76,035,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 6,624,000 | 13,777,000 | 21,428,000 | 29,140,000 |
| Interest expense | 478,000 | 919,000 | 1,341,000 | 1,744,000 |
| Net interest income | 6,146,000 | 12,858,000 | 20,087,000 | 27,396,000 |
| Noninterest income | 1,263,000 | 2,725,000 | 4,381,000 | 5,976,000 |
| Noninterest expense | 5,128,000 | 10,557,000 | 16,326,000 | 22,370,000 |
| Provision for loan losses | 135,000 | 433,000 | 1,129,000 | 2,029,000 |
| Pretax income | 2,146,000 | 4,701,000 | 7,250,000 | 9,247,000 |
| Income tax | 98,000 | 205,000 | 313,000 | 516,000 |
| Net income | 2,048,000 | 4,496,000 | 6,937,000 | 8,731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,171,000 | 69,020,000 | 71,015,000 | 73,085,000 |
| Total capital | 72,412,000 | 72,336,000 | 75,130,000 | 78,416,000 |
| Risk-weighted assets | 518,949,000 | 557,916,000 | 616,993,000 | 630,297,000 |