Call reports 2013
CORNERSTONE STATE BANK — 2013
What CORNERSTONE STATE 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 | 125,312,000 | 127,815,000 | 125,524,000 | 130,185,000 |
| Total loans | 82,356,000 | 82,988,000 | 81,112,000 | 83,459,000 |
| Allowance for loan losses | 1,790,000 | 1,772,000 | 1,894,000 | 1,634,000 |
| Securities available for sale | 24,011,000 | 26,427,000 | 29,919,000 | 31,149,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,377,000 | 113,268,000 | 112,717,000 | 117,300,000 |
| Interest-bearing deposits | 99,430,000 | 100,354,000 | 84,571,000 | 103,559,000 |
| Noninterest-bearing deposits | 12,947,000 | 12,914,000 | 28,146,000 | 13,741,000 |
| Equity capital | 12,371,000 | 12,276,000 | 12,542,000 | 12,675,000 |
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 | 1,305,000 | 2,628,000 | 3,900,000 | 5,225,000 |
| Interest expense | 156,000 | 297,000 | 437,000 | 578,000 |
| Net interest income | 1,149,000 | 2,331,000 | 3,463,000 | 4,647,000 |
| Noninterest income | 209,000 | 421,000 | 657,000 | 846,000 |
| Noninterest expense | 873,000 | 1,649,000 | 2,485,000 | 3,420,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 360,000 |
| Pretax income | 365,000 | 863,000 | 1,275,000 | 1,713,000 |
| Income tax | 150,000 | 300,000 | 450,000 | 600,000 |
| Net income | 215,000 | 563,000 | 825,000 | 1,113,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,550,000 | 11,924,000 | 12,203,000 | 12,506,000 |
| Total capital | 13,006,000 | 13,372,000 | 13,776,000 | 14,013,000 |
| Risk-weighted assets | 116,110,000 | 115,499,000 | 125,530,000 | 109,390,000 |