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 | 168,471,000 | 168,726,000 | 173,134,000 | 163,478,000 |
| Total loans | 108,241,000 | 108,688,000 | 105,086,000 | 98,322,000 |
| Allowance for loan losses | 4,271,000 | 4,285,000 | 4,259,000 | 4,232,000 |
| Securities available for sale | 30,309,000 | 30,997,000 | 32,574,000 | 34,626,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,565,000 | 103,373,000 | 107,162,000 | 97,854,000 |
| Interest-bearing deposits | 79,217,000 | 81,687,000 | 78,017,000 | 73,699,000 |
| Noninterest-bearing deposits | 22,348,000 | 21,686,000 | 29,145,000 | 24,155,000 |
| Equity capital | 14,310,000 | 13,369,000 | 14,042,000 | 13,965,000 |
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 | 1,493,000 | 3,003,000 | 4,482,000 | 5,941,000 |
| Interest expense | 612,000 | 1,223,000 | 1,838,000 | 2,447,000 |
| Net interest income | 881,000 | 1,780,000 | 2,644,000 | 3,494,000 |
| Noninterest income | -12,000 | 14,000 | 941,000 | 1,330,000 |
| Noninterest expense | 1,116,000 | 2,307,000 | 3,516,000 | 4,632,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -236,000 | -502,000 | 75,000 | 203,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -236,000 | -502,000 | 75,000 | 203,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,179,000 | 13,913,000 | 14,490,000 | 14,618,000 |
| Total capital | 15,824,000 | 15,586,000 | 16,177,000 | 16,271,000 |
| Risk-weighted assets | 128,937,000 | 131,205,000 | 132,413,000 | 129,696,000 |