Call reports 2012
CORNERSTONE NATIONAL BANK & TRUST COMPANY — 2012
What CORNERSTONE NATIONAL BANK & TRUST COMPANY 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 | 429,022,000 | 446,330,000 | 440,121,000 | 453,401,000 |
| Total loans | 325,057,000 | 315,023,000 | 314,479,000 | 303,235,000 |
| Allowance for loan losses | 6,760,000 | 5,466,000 | 6,294,000 | 6,644,000 |
| Securities available for sale | 31,551,000 | 33,193,000 | 35,427,000 | 31,826,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 377,489,000 | 394,044,000 | 384,604,000 | 400,568,000 |
| Interest-bearing deposits | 307,474,000 | 319,344,000 | 313,009,000 | 318,425,000 |
| Noninterest-bearing deposits | 70,016,000 | 74,700,000 | 71,596,000 | 82,144,000 |
| Equity capital | 43,156,000 | 43,613,000 | 44,308,000 | 44,890,000 |
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 | 4,216,000 | 8,422,000 | 12,541,000 | 16,534,000 |
| Interest expense | 595,000 | 1,166,000 | 1,714,000 | 2,199,000 |
| Net interest income | 3,621,000 | 7,256,000 | 10,827,000 | 14,335,000 |
| Noninterest income | 1,091,000 | 2,090,000 | 3,598,000 | 5,254,000 |
| Noninterest expense | 3,033,000 | 6,100,000 | 9,182,000 | 12,460,000 |
| Provision for loan losses | 1,000,000 | 1,900,000 | 2,800,000 | 3,700,000 |
| Pretax income | 679,000 | 1,346,000 | 2,443,000 | 3,429,000 |
| Income tax | 253,000 | 503,000 | 930,000 | 1,326,000 |
| Net income | 426,000 | 843,000 | 1,513,000 | 2,103,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,898,000 | 43,314,000 | 43,986,000 | 44,575,000 |
| Total capital | 47,247,000 | 47,567,000 | 48,178,000 | 48,618,000 |
| Risk-weighted assets | 345,515,000 | 339,052,000 | 333,278,000 | 320,884,000 |