Call reports 2014
CORNERSTONE COMMUNITY BANK — 2014
What CORNERSTONE COMMUNITY BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 426,180,000 | 418,940,000 | 412,329,000 | 415,069,000 |
| Total loans | 292,952,000 | 292,369,000 | 298,390,000 | 295,364,000 |
| Allowance for loan losses | 3,011,000 | 3,330,000 | 3,474,000 | 3,495,000 |
| Securities available for sale | 88,801,000 | 83,315,000 | 78,250,000 | 87,193,000 |
| Securities held to maturity | 33,000 | 31,000 | 29,000 | 25,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 342,220,000 | 331,628,000 | 316,438,000 | 308,956,000 |
| Interest-bearing deposits | 273,017,000 | 265,446,000 | 262,698,000 | 251,620,000 |
| Noninterest-bearing deposits | 69,203,000 | 66,182,000 | 53,740,000 | 57,336,000 |
| Equity capital | 39,086,000 | 39,198,000 | 39,256,000 | 39,733,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 4,533,000 | 9,113,000 | 13,617,000 | 18,137,000 |
| Interest expense | 714,000 | 1,428,000 | 2,119,000 | 2,770,000 |
| Net interest income | 3,819,000 | 7,685,000 | 11,498,000 | 15,367,000 |
| Noninterest income | 160,000 | 271,000 | 222,000 | 208,000 |
| Noninterest expense | 2,998,000 | 6,091,000 | 9,223,000 | 12,907,000 |
| Provision for loan losses | 165,000 | 515,000 | 515,000 | 220,000 |
| Pretax income | 918,000 | 1,752,000 | 2,554,000 | 3,148,000 |
| Income tax | 351,000 | 672,000 | 978,000 | 1,205,000 |
| Net income | 567,000 | 1,080,000 | 1,576,000 | 1,943,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,470,000 | 37,956,000 | 38,102,000 | 38,175,000 |
| Total capital | 40,481,000 | 41,286,000 | 41,576,000 | 41,670,000 |
| Risk-weighted assets | 308,816,000 | 311,364,000 | 314,933,000 | 309,805,000 |