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 | 1,227,556,000 | 1,224,390,000 | 1,256,889,000 | 1,309,638,000 |
| Total loans | 760,495,000 | 788,131,000 | 798,060,000 | 817,850,000 |
| Allowance for loan losses | 9,962,000 | 9,161,000 | 9,454,000 | 9,819,000 |
| Securities available for sale | 166,095,000 | 163,359,000 | 163,885,000 | 158,440,000 |
| Securities held to maturity | 138,276,000 | 147,702,000 | 153,865,000 | 154,596,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,112,554,000 | 1,089,166,000 | 1,063,799,000 | 1,137,947,000 |
| Interest-bearing deposits | 882,067,000 | 888,036,000 | 871,242,000 | 883,237,000 |
| Noninterest-bearing deposits | 230,487,000 | 201,130,000 | 192,557,000 | 254,710,000 |
| Equity capital | 100,184,000 | 94,774,000 | 95,632,000 | 94,917,000 |
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 | 11,907,000 | 23,993,000 | 36,430,000 | 48,844,000 |
| Interest expense | 1,290,000 | 2,548,000 | 3,793,000 | 4,980,000 |
| Net interest income | 10,617,000 | 21,445,000 | 32,637,000 | 43,864,000 |
| Noninterest income | 3,448,000 | 7,096,000 | 9,478,000 | 13,289,000 |
| Noninterest expense | 8,633,000 | 17,129,000 | 25,417,000 | 34,783,000 |
| Provision for loan losses | 370,000 | 744,000 | 1,122,000 | 1,500,000 |
| Pretax income | 5,062,000 | 10,668,000 | 15,576,000 | 20,870,000 |
| Income tax | 132,000 | 262,000 | 388,000 | 521,000 |
| Net income | 4,930,000 | 10,406,000 | 15,188,000 | 20,349,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 92,971,000 | 95,906,000 | 98,154,000 | 100,026,000 |
| Total capital | 102,933,000 | 105,067,000 | 107,608,000 | 109,845,000 |
| Risk-weighted assets | 844,390,000 | 875,062,000 | 890,145,000 | 920,893,000 |