Call reports 2013
CORNERSTONE BANK — 2013
What CORNERSTONE 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 | 38,095,000 | 38,614,000 | 39,241,000 | 39,970,000 |
| Total loans | 20,280,000 | 19,587,000 | 20,165,000 | 20,896,000 |
| Allowance for loan losses | 183,000 | 177,000 | 176,000 | 156,000 |
| Securities available for sale | 7,900,000 | 7,865,000 | 9,396,000 | 8,905,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,360,000 | 32,990,000 | 33,496,000 | 34,060,000 |
| Interest-bearing deposits | 30,920,000 | 31,720,000 | 32,197,000 | 32,129,000 |
| Noninterest-bearing deposits | 1,440,000 | 1,270,000 | 1,299,000 | 1,931,000 |
| Equity capital | 5,138,000 | 5,101,000 | 5,154,000 | 5,233,000 |
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 | 369,000 | 724,000 | 1,079,000 | 1,432,000 |
| Interest expense | 56,000 | 111,000 | 166,000 | 220,000 |
| Net interest income | 313,000 | 613,000 | 913,000 | 1,212,000 |
| Noninterest income | 33,000 | 68,000 | 97,000 | 151,000 |
| Noninterest expense | 312,000 | 601,000 | 883,000 | 1,193,000 |
| Provision for loan losses | 0 | 15,000 | 15,000 | -7,000 |
| Pretax income | 34,000 | 65,000 | 112,000 | 177,000 |
| Income tax | 2,000 | 4,000 | 9,000 | 13,000 |
| Net income | 32,000 | 61,000 | 103,000 | 164,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,077,000 | 5,105,000 | 5,148,000 | 5,209,000 |
| Total capital | 5,260,000 | 5,282,000 | 5,324,000 | 5,365,000 |
| Risk-weighted assets | 19,203,000 | 18,829,000 | 19,692,000 | 20,086,000 |