Call reports 2013
CORNERSTONE NATIONAL BANK — 2013
What CORNERSTONE NATIONAL 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 | 150,770,000 | 151,570,000 | 147,192,000 | 146,322,000 |
| Total loans | 82,428,000 | 83,372,000 | 78,399,000 | 77,043,000 |
| Allowance for loan losses | 1,912,000 | 1,814,000 | 1,823,000 | 1,546,000 |
| Securities available for sale | 29,976,000 | 32,506,000 | 37,640,000 | 37,554,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 126,135,000 | 128,124,000 | 125,823,000 | 124,576,000 |
| Interest-bearing deposits | 110,930,000 | 112,125,000 | 108,717,000 | 108,664,000 |
| Noninterest-bearing deposits | 15,205,000 | 15,999,000 | 17,106,000 | 15,912,000 |
| Equity capital | 17,121,000 | 16,142,000 | 15,748,000 | 16,087,000 |
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 | 1,364,000 | 2,824,000 | 4,218,000 | 5,605,000 |
| Interest expense | 234,000 | 462,000 | 679,000 | 876,000 |
| Net interest income | 1,130,000 | 2,362,000 | 3,539,000 | 4,729,000 |
| Noninterest income | 105,000 | -401,000 | -383,000 | -268,000 |
| Noninterest expense | 1,110,000 | 2,291,000 | 3,418,000 | 4,521,000 |
| Provision for loan losses | 0 | -100,000 | -100,000 | -250,000 |
| Pretax income | 125,000 | -230,000 | -162,000 | 190,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 125,000 | -230,000 | -162,000 | 190,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,777,000 | 16,425,000 | 16,497,000 | 16,851,000 |
| Total capital | 18,129,000 | 17,780,000 | 17,788,000 | 18,106,000 |
| Risk-weighted assets | 106,878,000 | 107,164,000 | 102,796,000 | 100,137,000 |