Call reports 2015
CORNERSTONE BANK, INC. — 2015
What CORNERSTONE BANK, INC. 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 | 177,321,000 | 185,272,000 | 176,225,000 | 170,413,000 |
| Total loans | 28,992,000 | 28,650,000 | 32,600,000 | 31,953,000 |
| Allowance for loan losses | 301,000 | 301,000 | 300,000 | 288,000 |
| Securities available for sale | 96,066,000 | 100,194,000 | 103,423,000 | 104,269,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 159,775,000 | 168,669,000 | 158,743,000 | 152,920,000 |
| Interest-bearing deposits | 73,343,000 | 71,874,000 | 74,146,000 | 85,554,000 |
| Noninterest-bearing deposits | 86,432,000 | 96,795,000 | 84,597,000 | 67,366,000 |
| Equity capital | 16,254,000 | 15,387,000 | 16,030,000 | 16,156,000 |
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 | 996,000 | 1,995,000 | 3,026,000 | 4,141,000 |
| Interest expense | 105,000 | 201,000 | 300,000 | 398,000 |
| Net interest income | 891,000 | 1,794,000 | 2,726,000 | 3,743,000 |
| Noninterest income | 45,000 | 89,000 | 145,000 | 193,000 |
| Noninterest expense | 639,000 | 1,250,000 | 1,895,000 | 2,600,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 297,000 | 639,000 | 982,000 | 1,342,000 |
| Income tax | 41,000 | 104,000 | 171,000 | 127,000 |
| Net income | 256,000 | 535,000 | 811,000 | 1,215,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,711,000 | 15,994,000 | 16,264,000 | 16,300,000 |
| Total capital | 16,012,000 | 16,295,000 | 16,564,000 | 16,589,000 |
| Risk-weighted assets | 53,433,000 | 57,765,000 | 56,652,000 | 54,476,000 |