Call reports 2012
CORNERSTONE BANK — 2012
What CORNERSTONE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 42,211,000 | 41,648,000 | 40,443,000 | 38,131,000 |
| Total loans | 22,749,000 | 22,172,000 | 21,321,000 | 21,082,000 |
| Allowance for loan losses | 271,000 | 269,000 | 235,000 | 244,000 |
| Securities available for sale | 6,802,000 | 8,947,000 | 9,303,000 | 8,400,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,588,000 | 35,922,000 | 34,159,000 | 32,509,000 |
| Interest-bearing deposits | 35,285,000 | 34,667,000 | 32,458,000 | 31,082,000 |
| Noninterest-bearing deposits | 1,303,000 | 1,255,000 | 1,701,000 | 1,427,000 |
| Equity capital | 5,100,000 | 5,169,000 | 5,160,000 | 5,103,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 386,000 | 759,000 | 1,134,000 | 1,540,000 |
| Interest expense | 83,000 | 158,000 | 224,000 | 283,000 |
| Net interest income | 303,000 | 601,000 | 910,000 | 1,257,000 |
| Noninterest income | 66,000 | 124,000 | 94,000 | 170,000 |
| Noninterest expense | 306,000 | 601,000 | 885,000 | 1,164,000 |
| Provision for loan losses | 42,000 | 42,000 | 59,000 | 147,000 |
| Pretax income | 21,000 | 82,000 | 60,000 | 116,000 |
| Income tax | 0 | 0 | 0 | 73,000 |
| Net income | 21,000 | 82,000 | 60,000 | 43,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,024,000 | 5,084,000 | 5,062,000 | 5,045,000 |
| Total capital | 5,278,000 | 5,348,000 | 5,297,000 | 5,289,000 |
| Risk-weighted assets | 20,499,000 | 21,122,000 | 19,966,000 | 19,881,000 |