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 | 238,639,000 | 234,010,000 | 228,761,000 | 241,534,000 |
| Total loans | 140,705,000 | 140,183,000 | 140,788,000 | 134,945,000 |
| Allowance for loan losses | 1,869,000 | 1,561,000 | 1,592,000 | 1,582,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 67,681,000 | 67,689,000 | 67,690,000 | 70,885,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 221,303,000 | 216,452,000 | 209,883,000 | 226,405,000 |
| Interest-bearing deposits | 190,114,000 | 185,701,000 | 180,952,000 | 194,186,000 |
| Noninterest-bearing deposits | 31,189,000 | 30,751,000 | 28,930,000 | 32,219,000 |
| Equity capital | 12,802,000 | 14,836,000 | 13,668,000 | 12,293,000 |
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 | 2,388,000 | 4,700,000 | 6,991,000 | 9,245,000 |
| Interest expense | 286,000 | 551,000 | 805,000 | 1,076,000 |
| Net interest income | 2,102,000 | 4,149,000 | 6,186,000 | 8,169,000 |
| Noninterest income | 127,000 | 274,000 | 435,000 | 568,000 |
| Noninterest expense | 2,071,000 | 4,184,000 | 7,075,000 | 9,311,000 |
| Provision for loan losses | 0 | 0 | 473,000 | 1,726,000 |
| Pretax income | 158,000 | 239,000 | -927,000 | -2,300,000 |
| Income tax | 1,000 | 1,000 | 2,000 | 3,000 |
| Net income | 157,000 | 238,000 | -929,000 | -2,303,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,758,000 | 14,793,000 | 13,626,000 | 12,252,000 |
| Total capital | 17,627,000 | 17,400,000 | 16,264,000 | 14,880,000 |
| Risk-weighted assets | 169,419,000 | 169,235,000 | 167,343,000 | 166,249,000 |