Call reports 2015
CORNERSTONE BANK — 2015
What CORNERSTONE 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 | 167,789,000 | 158,035,000 | 157,110,000 | 158,978,000 |
| Total loans | 61,740,000 | 60,310,000 | 62,948,000 | 67,650,000 |
| Allowance for loan losses | 800,000 | 805,000 | 425,000 | 814,000 |
| Securities available for sale | 79,301,000 | 79,520,000 | 75,714,000 | 66,805,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 152,962,000 | 143,765,000 | 142,066,000 | 145,702,000 |
| Interest-bearing deposits | 118,531,000 | 114,935,000 | 112,327,000 | 115,639,000 |
| Noninterest-bearing deposits | 34,432,000 | 28,830,000 | 29,739,000 | 30,063,000 |
| Equity capital | 12,371,000 | 11,997,000 | 12,518,000 | 11,512,000 |
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 | 1,410,000 | 2,736,000 | 4,076,000 | 5,408,000 |
| Interest expense | 130,000 | 251,000 | 371,000 | 487,000 |
| Net interest income | 1,280,000 | 2,485,000 | 3,705,000 | 4,921,000 |
| Noninterest income | 237,000 | 458,000 | 699,000 | 1,008,000 |
| Noninterest expense | 1,187,000 | 2,407,000 | 3,640,000 | 5,059,000 |
| Provision for loan losses | 0 | 0 | 0 | 450,000 |
| Pretax income | 330,000 | 536,000 | 797,000 | 457,000 |
| Income tax | 46,000 | 41,000 | 53,000 | -179,000 |
| Net income | 284,000 | 495,000 | 744,000 | 636,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,900,000 | 13,098,000 | 13,333,000 | 13,106,000 |
| Total capital | 13,700,000 | 13,903,000 | 13,758,000 | 13,920,000 |
| Risk-weighted assets | 90,349,000 | 87,653,000 | 85,133,000 | 88,324,000 |