Call reports 2014
CORNERSTONE COMMUNITY BANK — 2014
What CORNERSTONE COMMUNITY 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 | 126,848,000 | 147,071,000 | 144,943,000 | 149,064,000 |
| Total loans | 103,095,000 | 111,868,000 | 115,954,000 | 124,547,000 |
| Allowance for loan losses | 1,415,000 | 1,465,000 | 1,607,000 | 1,605,000 |
| Securities available for sale | 15,250,000 | 14,989,000 | 11,378,000 | 11,149,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,551,000 | 133,544,000 | 131,084,000 | 134,932,000 |
| Interest-bearing deposits | 92,353,000 | 110,110,000 | 107,518,000 | 110,224,000 |
| Noninterest-bearing deposits | 19,198,000 | 23,434,000 | 23,566,000 | 24,707,000 |
| Equity capital | 12,833,000 | 13,073,000 | 13,349,000 | 13,727,000 |
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 | 1,440,000 | 2,917,000 | 4,604,000 | 6,256,000 |
| Interest expense | 121,000 | 244,000 | 369,000 | 492,000 |
| Net interest income | 1,319,000 | 2,673,000 | 4,235,000 | 5,764,000 |
| Noninterest income | 116,000 | 276,000 | 421,000 | 582,000 |
| Noninterest expense | 1,192,000 | 2,372,000 | 3,659,000 | 4,925,000 |
| Provision for loan losses | 24,000 | 74,000 | 224,000 | 224,000 |
| Pretax income | 213,000 | 497,000 | 874,000 | 1,298,000 |
| Income tax | 82,000 | 197,000 | 349,000 | 519,000 |
| Net income | 131,000 | 300,000 | 525,000 | 779,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,561,000 | 12,876,000 | 13,255,000 | 13,575,000 |
| Total capital | 13,945,000 | 14,360,000 | 14,825,000 | 15,229,000 |
| Risk-weighted assets | 110,650,000 | 121,867,000 | 125,510,000 | 134,912,000 |