Call reports 2014
CORNERSTONE NATIONAL BANK — 2014
What CORNERSTONE NATIONAL 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 | 147,402,000 | 147,639,000 | 143,187,000 | 142,969,000 |
| Total loans | 76,341,000 | 76,586,000 | 76,241,000 | 78,425,000 |
| Allowance for loan losses | 1,581,000 | 1,506,000 | 1,521,000 | 1,521,000 |
| Securities available for sale | 41,699,000 | 41,696,000 | 40,652,000 | 39,882,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 125,486,000 | 125,116,000 | 120,296,000 | 119,292,000 |
| Interest-bearing deposits | 107,002,000 | 105,924,000 | 101,140,000 | 99,856,000 |
| Noninterest-bearing deposits | 18,484,000 | 19,193,000 | 19,155,000 | 19,437,000 |
| Equity capital | 16,428,000 | 17,021,000 | 17,414,000 | 18,075,000 |
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 | 1,328,000 | 2,700,000 | 4,049,000 | 5,377,000 |
| Interest expense | 179,000 | 347,000 | 494,000 | 637,000 |
| Net interest income | 1,149,000 | 2,353,000 | 3,555,000 | 4,740,000 |
| Noninterest income | 54,000 | 163,000 | 331,000 | 461,000 |
| Noninterest expense | 1,088,000 | 2,220,000 | 3,272,000 | 4,326,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 115,000 | 296,000 | 715,000 | 1,053,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 115,000 | 296,000 | 715,000 | 1,053,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,966,000 | 17,147,000 | 17,566,000 | 17,904,000 |
| Total capital | 18,202,000 | 18,379,000 | 18,791,000 | 19,124,000 |
| Risk-weighted assets | 98,499,000 | 98,322,000 | 97,684,000 | 97,300,000 |