Call reports 2014
CORNERSTONE STATE BANK — 2014
What CORNERSTONE STATE 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 | 130,242,000 | 131,136,000 | 130,254,000 | 134,703,000 |
| Total loans | 82,557,000 | 83,061,000 | 83,927,000 | 86,331,000 |
| Allowance for loan losses | 1,669,000 | 1,721,000 | 1,677,000 | 1,285,000 |
| Securities available for sale | 32,955,000 | 33,836,000 | 33,248,000 | 32,088,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,322,000 | 117,108,000 | 116,371,000 | 119,524,000 |
| Interest-bearing deposits | 101,996,000 | 103,255,000 | 102,704,000 | 104,695,000 |
| Noninterest-bearing deposits | 15,326,000 | 13,853,000 | 13,667,000 | 14,829,000 |
| Equity capital | 12,614,000 | 13,095,000 | 13,378,000 | 13,755,000 |
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 | 1,331,000 | 2,672,000 | 4,060,000 | 5,425,000 |
| Interest expense | 134,000 | 264,000 | 398,000 | 528,000 |
| Net interest income | 1,197,000 | 2,408,000 | 3,662,000 | 4,897,000 |
| Noninterest income | 178,000 | 413,000 | 628,000 | 845,000 |
| Noninterest expense | 988,000 | 1,888,000 | 2,828,000 | 3,884,000 |
| Provision for loan losses | 30,000 | 75,000 | 120,000 | 135,000 |
| Pretax income | 357,000 | 858,000 | 1,342,000 | 1,723,000 |
| Income tax | 143,000 | 272,000 | 401,000 | 530,000 |
| Net income | 214,000 | 586,000 | 941,000 | 1,193,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,331,000 | 12,720,000 | 13,091,000 | 13,361,000 |
| Total capital | 13,836,000 | 14,091,000 | 14,448,000 | 14,646,000 |
| Risk-weighted assets | 109,282,000 | 109,301,000 | 108,205,000 | 116,237,000 |