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 | 231,224,000 | 238,860,000 | 236,802,000 | 240,538,000 |
| Total loans | 146,161,000 | 146,432,000 | 145,708,000 | 143,555,000 |
| Allowance for loan losses | 2,452,000 | 2,143,000 | 2,111,000 | 1,953,000 |
| Securities available for sale | 58,762,000 | 61,214,000 | 61,921,000 | 64,439,000 |
| Securities held to maturity | 0 | 4,900,000 | 4,900,000 | 4,992,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 218,006,000 | 223,976,000 | 221,975,000 | 224,531,000 |
| Interest-bearing deposits | 191,075,000 | 196,437,000 | 193,724,000 | 194,083,000 |
| Noninterest-bearing deposits | 26,931,000 | 27,539,000 | 28,251,000 | 30,448,000 |
| Equity capital | 8,828,000 | 10,346,000 | 9,765,000 | 11,296,000 |
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 | 2,486,000 | 4,976,000 | 7,437,000 | 9,908,000 |
| Interest expense | 256,000 | 536,000 | 828,000 | 1,131,000 |
| Net interest income | 2,230,000 | 4,440,000 | 6,609,000 | 8,777,000 |
| Noninterest income | 122,000 | 260,000 | 428,000 | 573,000 |
| Noninterest expense | 2,315,000 | 4,617,000 | 6,919,000 | 9,211,000 |
| Provision for loan losses | 25,000 | 25,000 | 1,064,000 | 1,064,000 |
| Pretax income | 12,000 | 58,000 | -946,000 | -925,000 |
| Income tax | 1,000 | 1,000 | 2,000 | 3,000 |
| Net income | 11,000 | 57,000 | -948,000 | -928,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,540,000 | 13,586,000 | 12,582,000 | 12,601,000 |
| Total capital | 18,734,000 | 18,729,000 | 17,693,000 | 17,554,000 |
| Risk-weighted assets | 175,300,000 | 176,582,000 | 174,866,000 | 173,420,000 |