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 | 382,819,000 | 351,131,000 | 338,511,000 | 307,587,000 |
| Total loans | 234,316,000 | 222,454,000 | 206,513,000 | 192,054,000 |
| Allowance for loan losses | 6,425,000 | 5,288,000 | 4,461,000 | 4,592,000 |
| Securities available for sale | 86,608,000 | 55,883,000 | 49,956,000 | 42,430,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 341,974,000 | 327,514,000 | 314,941,000 | 282,216,000 |
| Interest-bearing deposits | 303,872,000 | 293,841,000 | 280,973,000 | 244,301,000 |
| Noninterest-bearing deposits | 38,102,000 | 33,673,000 | 33,968,000 | 37,915,000 |
| Equity capital | 22,707,000 | 19,352,000 | 19,270,000 | 11,737,000 |
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 | 3,971,000 | 7,753,000 | 11,242,000 | 14,328,000 |
| Interest expense | 780,000 | 1,434,000 | 1,975,000 | 2,363,000 |
| Net interest income | 3,191,000 | 6,319,000 | 9,267,000 | 11,965,000 |
| Noninterest income | 264,000 | 338,000 | 262,000 | 397,000 |
| Noninterest expense | 2,647,000 | 6,030,000 | 8,738,000 | 13,593,000 |
| Provision for loan losses | 1,403,000 | 5,725,000 | 5,825,000 | 9,488,000 |
| Pretax income | -595,000 | -5,098,000 | -5,034,000 | -10,719,000 |
| Income tax | -251,000 | -836,000 | -809,000 | 1,008,000 |
| Net income | -344,000 | -4,262,000 | -4,225,000 | -11,727,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,947,000 | 18,794,000 | 18,857,000 | 11,649,000 |
| Total capital | 29,420,000 | 25,041,000 | 24,919,000 | 17,447,000 |
| Risk-weighted assets | 274,875,000 | 257,756,000 | 243,474,000 | 222,086,000 |