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 | 313,500,000 | 305,183,000 | 316,083,000 | 300,381,000 |
| Total loans | 211,856,000 | 206,971,000 | 207,558,000 | 198,755,000 |
| Allowance for loan losses | 5,386,000 | 4,562,000 | 4,858,000 | 4,843,000 |
| Securities available for sale | 49,840,000 | 43,943,000 | 39,736,000 | 41,925,000 |
| Securities held to maturity | 1,375,000 | 8,093,000 | 9,523,000 | 9,323,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 270,768,000 | 264,682,000 | 276,203,000 | 262,611,000 |
| Interest-bearing deposits | 234,160,000 | 228,823,000 | 232,759,000 | 224,224,000 |
| Noninterest-bearing deposits | 36,608,000 | 35,859,000 | 43,444,000 | 38,387,000 |
| Equity capital | 12,240,000 | 11,329,000 | 10,647,000 | 8,133,000 |
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 | 3,009,000 | 5,925,000 | 8,759,000 | 11,549,000 |
| Interest expense | 645,000 | 1,266,000 | 1,888,000 | 2,502,000 |
| Net interest income | 2,364,000 | 4,659,000 | 6,871,000 | 9,047,000 |
| Noninterest income | 1,935,000 | 2,949,000 | 4,270,000 | 5,396,000 |
| Noninterest expense | 3,641,000 | 7,724,000 | 11,661,000 | 15,909,000 |
| Provision for loan losses | -53,000 | -446,000 | -211,000 | 955,000 |
| Pretax income | 711,000 | 330,000 | -309,000 | -2,421,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 711,000 | 330,000 | -309,000 | -2,421,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,811,000 | 11,433,000 | 10,818,000 | 8,735,000 |
| Total capital | 15,568,000 | 15,137,000 | 14,471,000 | 12,351,000 |
| Risk-weighted assets | 219,012,000 | 215,464,000 | 211,294,000 | 208,276,000 |