Call reports 2014
CORNERSTONE BANK — 2014
What CORNERSTONE 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 | 39,446,000 | 39,269,000 | 39,256,000 | 39,327,000 |
| Total loans | 20,374,000 | 20,192,000 | 20,045,000 | 19,852,000 |
| Allowance for loan losses | 156,000 | 156,000 | 156,000 | 156,000 |
| Securities available for sale | 9,204,000 | 9,233,000 | 8,088,000 | 7,476,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,616,000 | 33,442,000 | 33,409,000 | 33,456,000 |
| Interest-bearing deposits | 31,786,000 | 31,658,000 | 31,996,000 | 31,601,000 |
| Noninterest-bearing deposits | 1,830,000 | 1,784,000 | 1,413,000 | 1,855,000 |
| Equity capital | 5,252,000 | 5,274,000 | 5,219,000 | 5,288,000 |
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 | 348,000 | 692,000 | 1,016,000 | 1,358,000 |
| Interest expense | 51,000 | 101,000 | 149,000 | 198,000 |
| Net interest income | 297,000 | 591,000 | 867,000 | 1,160,000 |
| Noninterest income | 32,000 | 67,000 | 106,000 | 149,000 |
| Noninterest expense | 297,000 | 606,000 | 959,000 | 1,232,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 32,000 | 52,000 | 14,000 | 77,000 |
| Income tax | 11,000 | 19,000 | 32,000 | 1,000 |
| Net income | 21,000 | 33,000 | -18,000 | 76,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,230,000 | 5,241,000 | 5,190,000 | 5,285,000 |
| Total capital | 5,386,000 | 5,397,000 | 5,346,000 | 5,441,000 |
| Risk-weighted assets | 20,026,000 | 20,440,000 | 19,691,000 | 19,184,000 |