Call reports 2012
CORNERSTONE BANK — 2012
What CORNERSTONE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 129,582,000 | 126,120,000 | 128,537,000 | 133,684,000 |
| Total loans | 45,072,000 | 46,908,000 | 47,430,000 | 50,278,000 |
| Allowance for loan losses | 820,000 | 794,000 | 793,000 | 768,000 |
| Securities available for sale | 59,656,000 | 62,019,000 | 65,834,000 | 66,394,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,980,000 | 112,975,000 | 114,987,000 | 120,894,000 |
| Interest-bearing deposits | 91,937,000 | 89,883,000 | 93,063,000 | 96,451,000 |
| Noninterest-bearing deposits | 25,043,000 | 23,092,000 | 21,924,000 | 24,443,000 |
| Equity capital | 9,938,000 | 10,466,000 | 10,757,000 | 10,489,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,212,000 | 2,545,000 | 3,751,000 | 5,012,000 |
| Interest expense | 194,000 | 369,000 | 543,000 | 717,000 |
| Net interest income | 1,018,000 | 2,176,000 | 3,208,000 | 4,295,000 |
| Noninterest income | 179,000 | 401,000 | 604,000 | 818,000 |
| Noninterest expense | 950,000 | 1,983,000 | 3,047,000 | 4,119,000 |
| Provision for loan losses | 0 | 0 | 0 | 329,000 |
| Pretax income | 283,000 | 630,000 | 802,000 | 708,000 |
| Income tax | 35,000 | 90,000 | 68,000 | -48,000 |
| Net income | 248,000 | 540,000 | 734,000 | 756,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,479,000 | 10,769,000 | 10,965,000 | 10,986,000 |
| Total capital | 11,299,000 | 11,563,000 | 11,758,000 | 11,754,000 |
| Risk-weighted assets | 69,890,000 | 71,551,000 | 72,659,000 | 76,128,000 |