Call reports 2014
CORNERSTONE BANK — 2014
What CORNERSTONE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 286,925,000 | 271,891,000 | 256,590,000 | 248,011,000 |
| Total loans | 197,996,000 | 197,744,000 | 191,500,000 | 182,241,000 |
| Allowance for loan losses | 3,853,000 | 3,790,000 | 3,999,000 | 3,650,000 |
| Securities available for sale | 30,315,000 | 29,571,000 | 22,539,000 | 23,861,000 |
| Securities held to maturity | 9,212,000 | 8,967,000 | 8,557,000 | 8,192,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 249,245,000 | 227,384,000 | 221,281,000 | 210,687,000 |
| Interest-bearing deposits | 210,972,000 | 191,125,000 | 189,696,000 | 179,672,000 |
| Noninterest-bearing deposits | 38,273,000 | 36,259,000 | 31,585,000 | 31,015,000 |
| Equity capital | 8,225,000 | 7,938,000 | 7,448,000 | 7,364,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,496,000 | 5,003,000 | 7,657,000 | 10,080,000 |
| Interest expense | 612,000 | 1,141,000 | 1,669,000 | 2,178,000 |
| Net interest income | 1,884,000 | 3,862,000 | 5,988,000 | 7,902,000 |
| Noninterest income | 1,676,000 | 3,837,000 | 4,974,000 | 6,992,000 |
| Noninterest expense | 3,649,000 | 7,982,000 | 11,778,000 | 15,627,000 |
| Provision for loan losses | -117,000 | 296,000 | 223,000 | 472,000 |
| Pretax income | 39,000 | -568,000 | -991,000 | -1,157,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 39,000 | -568,000 | -991,000 | -1,157,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,778,000 | 8,181,000 | 7,775,000 | 7,615,000 |
| Total capital | 12,317,000 | 11,681,000 | 11,187,000 | 10,892,000 |
| Risk-weighted assets | 202,098,000 | 198,866,000 | 191,754,000 | 180,808,000 |