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 | 1,344,844,000 | 1,405,752,000 | 1,420,088,000 | 1,448,789,000 |
| Total loans | 889,906,000 | 945,223,000 | 975,765,000 | 1,005,947,000 |
| Allowance for loan losses | 10,770,000 | 10,916,000 | 11,092,000 | 11,232,000 |
| Securities available for sale | 180,751,000 | 175,432,000 | 168,328,000 | 132,824,000 |
| Securities held to maturity | 153,070,000 | 155,843,000 | 155,006,000 | 151,124,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,190,505,000 | 1,176,800,000 | 1,144,972,000 | 1,224,017,000 |
| Interest-bearing deposits | 968,805,000 | 953,684,000 | 941,210,000 | 974,552,000 |
| Noninterest-bearing deposits | 221,700,000 | 223,116,000 | 203,762,000 | 249,465,000 |
| Equity capital | 118,761,000 | 119,639,000 | 124,447,000 | 123,819,000 |
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 | 12,526,000 | 25,585,000 | 39,285,000 | 53,415,000 |
| Interest expense | 1,098,000 | 2,253,000 | 3,456,000 | 4,681,000 |
| Net interest income | 11,428,000 | 23,332,000 | 35,829,000 | 48,734,000 |
| Noninterest income | 3,599,000 | 7,288,000 | 10,995,000 | 12,246,000 |
| Noninterest expense | 9,278,000 | 18,958,000 | 29,004,000 | 39,353,000 |
| Provision for loan losses | 247,000 | 496,000 | 748,000 | 1,000,000 |
| Pretax income | 5,502,000 | 11,166,000 | 17,072,000 | 20,627,000 |
| Income tax | 139,000 | 278,000 | 414,000 | 556,000 |
| Net income | 5,363,000 | 10,888,000 | 16,658,000 | 20,071,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 112,875,000 | 115,613,000 | 118,586,000 | 118,633,000 |
| Total capital | 123,645,000 | 126,529,000 | 129,678,000 | 129,865,000 |
| Risk-weighted assets | 983,928,000 | 1,040,172,000 | 1,069,322,000 | 1,099,440,000 |