Call reports 2015
CORNERSTONE NATIONAL BANK — 2015
What CORNERSTONE NATIONAL BANK 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 | 144,069,000 | 142,059,000 | 142,688,000 | 143,690,000 |
| Total loans | 79,067,000 | 79,551,000 | 76,654,000 | 76,597,000 |
| Allowance for loan losses | 1,231,000 | 1,228,000 | 1,228,000 | 1,228,000 |
| Securities available for sale | 39,290,000 | 39,503,000 | 38,694,000 | 46,530,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 122,251,000 | 120,798,000 | 122,291,000 | 122,096,000 |
| Interest-bearing deposits | 101,497,000 | 100,560,000 | 100,176,000 | 101,574,000 |
| Noninterest-bearing deposits | 20,755,000 | 20,238,000 | 22,115,000 | 20,522,000 |
| Equity capital | 17,840,000 | 17,648,000 | 17,951,000 | 18,862,000 |
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 | 1,283,000 | 2,594,000 | 3,864,000 | 5,154,000 |
| Interest expense | 115,000 | 229,000 | 343,000 | 461,000 |
| Net interest income | 1,168,000 | 2,365,000 | 3,521,000 | 4,693,000 |
| Noninterest income | -275,000 | -149,000 | 5,000 | 41,000 |
| Noninterest expense | 1,046,000 | 2,297,000 | 3,492,000 | 4,536,000 |
| Provision for loan losses | -300,000 | -300,000 | -300,000 | -300,000 |
| Pretax income | 147,000 | 313,000 | 515,000 | 679,000 |
| Income tax | 0 | 0 | 0 | -765,000 |
| Net income | 147,000 | 313,000 | 515,000 | 1,444,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,450,000 | 17,616,000 | 17,818,000 | 18,553,000 |
| Total capital | 18,681,000 | 18,844,000 | 19,016,000 | 19,749,000 |
| Risk-weighted assets | 98,942,000 | 98,248,000 | 95,740,000 | 95,509,000 |