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 | 268,749,000 | 259,209,000 | 240,728,000 | 233,868,000 |
| Total loans | 179,195,000 | 172,181,000 | 155,352,000 | 148,785,000 |
| Allowance for loan losses | 3,880,000 | 3,997,000 | 2,946,000 | 2,407,000 |
| Securities available for sale | 66,526,000 | 62,039,000 | 59,876,000 | 56,677,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 250,955,000 | 236,514,000 | 226,669,000 | 221,455,000 |
| Interest-bearing deposits | 221,479,000 | 207,146,000 | 198,546,000 | 193,892,000 |
| Noninterest-bearing deposits | 29,476,000 | 29,368,000 | 28,123,000 | 27,564,000 |
| Equity capital | 13,133,000 | 10,685,000 | 9,646,000 | 7,566,000 |
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 | 3,128,000 | 6,160,000 | 8,935,000 | 11,487,000 |
| Interest expense | 357,000 | 668,000 | 942,000 | 1,199,000 |
| Net interest income | 2,771,000 | 5,492,000 | 7,993,000 | 10,288,000 |
| Noninterest income | 129,000 | 281,000 | 437,000 | 568,000 |
| Noninterest expense | 2,696,000 | 4,863,000 | 7,225,000 | 9,733,000 |
| Provision for loan losses | 30,000 | 489,000 | 521,000 | 596,000 |
| Pretax income | 177,000 | 424,000 | 687,000 | 530,000 |
| Income tax | 1,000 | 1,000 | 2,000 | 3,000 |
| Net income | 176,000 | 423,000 | 685,000 | 527,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,179,000 | 13,426,000 | 13,687,000 | 13,529,000 |
| Total capital | 18,744,000 | 18,943,000 | 18,997,000 | 18,769,000 |
| Risk-weighted assets | 203,847,000 | 199,884,000 | 184,123,000 | 179,086,000 |