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 | 113,571,000 | 114,504,000 | 120,843,000 | 120,880,000 |
| Total loans | 94,166,000 | 95,617,000 | 97,951,000 | 99,283,000 |
| Allowance for loan losses | 1,186,000 | 1,182,000 | 1,205,000 | 1,280,000 |
| Securities available for sale | 0 | 5,000,000 | 0 | 0 |
| Securities held to maturity | 7,250,000 | 4,250,000 | 10,750,000 | 12,750,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,291,000 | 101,139,000 | 107,173,000 | 107,264,000 |
| Interest-bearing deposits | 85,969,000 | 85,891,000 | 87,419,000 | 89,577,000 |
| Noninterest-bearing deposits | 14,322,000 | 15,248,000 | 19,754,000 | 17,687,000 |
| Equity capital | 12,938,000 | 13,161,000 | 13,407,000 | 13,415,000 |
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 | 1,354,000 | 2,726,000 | 4,142,000 | 5,573,000 |
| Interest expense | 179,000 | 370,000 | 567,000 | 770,000 |
| Net interest income | 1,175,000 | 2,356,000 | 3,575,000 | 4,803,000 |
| Noninterest income | 97,000 | 258,000 | 401,000 | 523,000 |
| Noninterest expense | 941,000 | 1,866,000 | 2,786,000 | 3,767,000 |
| Provision for loan losses | 34,000 | 134,000 | 228,000 | 575,000 |
| Pretax income | 297,000 | 614,000 | 962,000 | 984,000 |
| Income tax | 101,000 | 209,000 | 328,000 | 342,000 |
| Net income | 196,000 | 405,000 | 634,000 | 642,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,938,000 | 13,161,000 | 13,407,000 | 13,415,000 |
| Total capital | 14,096,000 | 14,343,000 | 14,586,000 | 14,626,000 |
| Risk-weighted assets | 92,682,000 | 94,829,000 | 94,345,000 | 96,870,000 |