Call reports 2015
CORNERSTONE BANK — 2015
What CORNERSTONE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 39,558,000 | 38,875,000 | 38,318,000 | 38,664,000 |
| Total loans | 19,799,000 | 19,942,000 | 20,739,000 | 21,644,000 |
| Allowance for loan losses | 145,000 | 96,000 | 128,000 | 123,000 |
| Securities available for sale | 7,944,000 | 6,208,000 | 6,328,000 | 5,697,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,683,000 | 33,046,000 | 32,260,000 | 32,671,000 |
| Interest-bearing deposits | 31,927,000 | 31,346,000 | 30,727,000 | 30,830,000 |
| Noninterest-bearing deposits | 1,756,000 | 1,700,000 | 1,533,000 | 1,841,000 |
| Equity capital | 5,346,000 | 5,363,000 | 5,390,000 | 5,424,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 325,000 | 668,000 | 1,008,000 | 1,353,000 |
| Interest expense | 47,000 | 94,000 | 140,000 | 183,000 |
| Net interest income | 278,000 | 574,000 | 868,000 | 1,170,000 |
| Noninterest income | 36,000 | 75,000 | 117,000 | 158,000 |
| Noninterest expense | 281,000 | 562,000 | 850,000 | 1,150,000 |
| Provision for loan losses | 0 | 0 | 32,000 | 32,000 |
| Pretax income | 33,000 | 87,000 | 103,000 | 146,000 |
| Income tax | 2,000 | 12,000 | 19,000 | 11,000 |
| Net income | 31,000 | 75,000 | 84,000 | 135,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,277,000 | 5,315,000 | 5,322,000 | 5,387,000 |
| Total capital | 5,422,000 | 5,411,000 | 5,450,000 | 5,510,000 |
| Risk-weighted assets | 17,097,000 | 17,268,000 | 17,630,000 | 18,161,000 |