Call reports 2013
CORNERSTONE COMMUNITY BANK — 2013
What CORNERSTONE COMMUNITY 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 | 428,131,000 | 431,757,000 | 426,164,000 | 428,701,000 |
| Total loans | 272,550,000 | 276,062,000 | 284,181,000 | 289,440,000 |
| Allowance for loan losses | 5,669,000 | 5,095,000 | 3,159,000 | 3,203,000 |
| Securities available for sale | 91,126,000 | 99,777,000 | 95,282,000 | 92,209,000 |
| Securities held to maturity | 43,000 | 40,000 | 37,000 | 34,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 338,258,000 | 340,126,000 | 341,397,000 | 341,664,000 |
| Interest-bearing deposits | 281,503,000 | 279,105,000 | 286,304,000 | 266,208,000 |
| Noninterest-bearing deposits | 56,755,000 | 61,021,000 | 55,093,000 | 75,456,000 |
| Equity capital | 37,694,000 | 37,470,000 | 37,731,000 | 38,096,000 |
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 | 4,604,000 | 9,179,000 | 13,939,000 | 18,452,000 |
| Interest expense | 937,000 | 1,850,000 | 2,709,000 | 3,473,000 |
| Net interest income | 3,667,000 | 7,329,000 | 11,230,000 | 14,979,000 |
| Noninterest income | 583,000 | 490,000 | 752,000 | 651,000 |
| Noninterest expense | 3,141,000 | 6,303,000 | 9,765,000 | 12,924,000 |
| Provision for loan losses | 300,000 | 300,000 | 300,000 | 300,000 |
| Pretax income | 809,000 | 1,641,000 | 2,342,000 | 3,058,000 |
| Income tax | 310,000 | 628,000 | 897,000 | 1,171,000 |
| Net income | 499,000 | 1,013,000 | 1,445,000 | 1,887,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,404,000 | 35,852,000 | 36,055,000 | 36,139,000 |
| Total capital | 40,198,000 | 39,626,000 | 39,214,000 | 39,342,000 |
| Risk-weighted assets | 301,676,000 | 302,485,000 | 307,515,000 | 306,905,000 |