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 | 1,112,815,000 | 1,154,026,000 | 1,165,088,000 | 1,324,568,000 |
| Total loans | 664,684,000 | 709,022,000 | 759,145,000 | 807,712,000 |
| Allowance for loan losses | 9,051,000 | 9,334,000 | 9,130,000 | 9,562,000 |
| Securities available for sale | 165,113,000 | 162,875,000 | 137,468,000 | 166,694,000 |
| Securities held to maturity | 131,959,000 | 136,688,000 | 129,423,000 | 134,875,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,006,722,000 | 1,042,734,000 | 1,039,993,000 | 1,141,406,000 |
| Interest-bearing deposits | 811,289,000 | 854,851,000 | 840,421,000 | 847,005,000 |
| Noninterest-bearing deposits | 195,433,000 | 187,883,000 | 199,572,000 | 294,401,000 |
| Equity capital | 90,476,000 | 93,998,000 | 96,563,000 | 98,275,000 |
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 | 11,787,000 | 23,839,000 | 36,149,000 | 48,922,000 |
| Interest expense | 1,797,000 | 3,544,000 | 5,176,000 | 6,604,000 |
| Net interest income | 9,990,000 | 20,295,000 | 30,973,000 | 42,318,000 |
| Noninterest income | 3,057,000 | 5,796,000 | 8,949,000 | 12,188,000 |
| Noninterest expense | 8,077,000 | 15,869,000 | 24,473,000 | 32,802,000 |
| Provision for loan losses | 249,000 | 497,000 | 749,000 | 1,200,000 |
| Pretax income | 4,721,000 | 9,725,000 | 14,700,000 | 20,506,000 |
| Income tax | 118,000 | 240,000 | 361,000 | 493,000 |
| Net income | 4,603,000 | 9,485,000 | 14,339,000 | 20,013,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,740,000 | 85,909,000 | 88,470,000 | 90,577,000 |
| Total capital | 92,791,000 | 95,243,000 | 97,600,000 | 100,139,000 |
| Risk-weighted assets | 750,585,000 | 788,073,000 | 834,749,000 | 907,424,000 |