Call reports 2013
CORNERSTONE BANK — 2013
What CORNERSTONE 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 | 137,740,000 | 136,379,000 | 140,758,000 | 146,505,000 |
| Total loans | 50,382,000 | 48,449,000 | 49,949,000 | 53,999,000 |
| Allowance for loan losses | 766,000 | 752,000 | 854,000 | 854,000 |
| Securities available for sale | 68,379,000 | 69,184,000 | 71,949,000 | 72,196,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 124,853,000 | 125,367,000 | 129,148,000 | 133,313,000 |
| Interest-bearing deposits | 98,244,000 | 97,763,000 | 99,715,000 | 107,476,000 |
| Noninterest-bearing deposits | 26,609,000 | 27,604,000 | 29,433,000 | 25,837,000 |
| Equity capital | 10,572,000 | 9,362,000 | 9,790,000 | 10,942,000 |
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 | 1,244,000 | 2,484,000 | 3,728,000 | 5,002,000 |
| Interest expense | 168,000 | 337,000 | 499,000 | 666,000 |
| Net interest income | 1,076,000 | 2,147,000 | 3,229,000 | 4,336,000 |
| Noninterest income | 202,000 | 350,000 | 515,000 | 743,000 |
| Noninterest expense | 1,037,000 | 2,079,000 | 3,027,000 | 4,158,000 |
| Provision for loan losses | 0 | 0 | 75,000 | 75,000 |
| Pretax income | 244,000 | 423,000 | 687,000 | 899,000 |
| Income tax | 16,000 | 15,000 | 42,000 | -31,000 |
| Net income | 228,000 | 408,000 | 645,000 | 930,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,214,000 | 11,395,000 | 11,632,000 | 11,808,000 |
| Total capital | 11,980,000 | 12,147,000 | 12,486,000 | 12,662,000 |
| Risk-weighted assets | 76,869,000 | 76,508,000 | 79,291,000 | 83,097,000 |