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 | 242,041,000 | 239,066,000 | 244,044,000 | 242,649,000 |
| Total loans | 175,954,000 | 170,925,000 | 163,806,000 | 160,943,000 |
| Allowance for loan losses | 3,582,000 | 3,348,000 | 3,398,000 | 3,010,000 |
| Securities available for sale | 24,879,000 | 23,110,000 | 28,433,000 | 35,725,000 |
| Securities held to maturity | 7,900,000 | 7,645,000 | 7,269,000 | 6,974,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 205,339,000 | 202,523,000 | 207,118,000 | 205,394,000 |
| Interest-bearing deposits | 177,314,000 | 171,426,000 | 170,454,000 | 167,503,000 |
| Noninterest-bearing deposits | 28,025,000 | 31,097,000 | 36,664,000 | 37,891,000 |
| Equity capital | 7,839,000 | 7,831,000 | 8,162,000 | 8,057,000 |
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 | 2,274,000 | 4,378,000 | 6,485,000 | 8,851,000 |
| Interest expense | 498,000 | 994,000 | 1,496,000 | 1,992,000 |
| Net interest income | 1,776,000 | 3,384,000 | 4,989,000 | 6,859,000 |
| Noninterest income | 1,414,000 | 2,257,000 | 2,918,000 | 3,171,000 |
| Noninterest expense | 2,935,000 | 5,514,000 | 8,034,000 | 10,599,000 |
| Provision for loan losses | -99,000 | -349,000 | -777,000 | -1,368,000 |
| Pretax income | 354,000 | 476,000 | 650,000 | 799,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 354,000 | 476,000 | 650,000 | 799,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,943,000 | 8,138,000 | 8,343,000 | 8,521,000 |
| Total capital | 11,188,000 | 11,314,000 | 11,395,000 | 11,481,000 |
| Risk-weighted assets | 178,254,000 | 172,805,000 | 162,769,000 | 155,765,000 |