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 | 380,892,000 | 360,296,000 | 335,983,000 | 327,752,000 |
| Total loans | 245,803,000 | 249,452,000 | 244,547,000 | 238,766,000 |
| Allowance for loan losses | 5,497,000 | 5,954,000 | 5,971,000 | 6,036,000 |
| Securities available for sale | 71,673,000 | 61,367,000 | 58,414,000 | 48,879,000 |
| Securities held to maturity | 0 | 0 | 1,492,000 | 1,398,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 330,097,000 | 315,027,000 | 292,013,000 | 283,502,000 |
| Interest-bearing deposits | 291,531,000 | 274,335,000 | 252,012,000 | 243,012,000 |
| Noninterest-bearing deposits | 38,566,000 | 40,692,000 | 40,001,000 | 40,490,000 |
| Equity capital | 13,501,000 | 11,080,000 | 11,635,000 | 11,538,000 |
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 | 3,862,000 | 7,497,000 | 10,915,000 | 14,467,000 |
| Interest expense | 1,382,000 | 2,405,000 | 3,293,000 | 4,037,000 |
| Net interest income | 2,480,000 | 5,092,000 | 7,622,000 | 10,430,000 |
| Noninterest income | 1,124,000 | 3,108,000 | 5,809,000 | 7,720,000 |
| Noninterest expense | 3,524,000 | 7,231,000 | 11,023,000 | 15,150,000 |
| Provision for loan losses | 5,700,000 | 9,126,000 | 10,098,000 | 10,416,000 |
| Pretax income | -5,620,000 | -8,157,000 | -7,690,000 | -7,416,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -5,620,000 | -8,157,000 | -7,690,000 | -7,416,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,905,000 | 10,367,000 | 10,829,000 | 11,097,000 |
| Total capital | 17,158,000 | 14,686,000 | 15,065,000 | 15,195,000 |
| Risk-weighted assets | 259,034,000 | 263,949,000 | 257,236,000 | 246,108,000 |