Call reports 2015
CORNERSTONE NATIONAL BANK & TRUST COMPANY — 2015
What CORNERSTONE NATIONAL BANK & TRUST COMPANY 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 | 465,274,000 | 464,585,000 | 505,665,000 | 509,152,000 |
| Total loans | 307,789,000 | 307,731,000 | 313,292,000 | 314,200,000 |
| Allowance for loan losses | 7,370,000 | 7,478,000 | 7,509,000 | 7,517,000 |
| Securities available for sale | 114,474,000 | 112,713,000 | 123,940,000 | 125,442,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 403,653,000 | 404,016,000 | 443,540,000 | 445,443,000 |
| Interest-bearing deposits | 305,327,000 | 295,343,000 | 334,109,000 | 340,820,000 |
| Noninterest-bearing deposits | 98,326,000 | 108,673,000 | 109,430,000 | 104,623,000 |
| Equity capital | 53,873,000 | 54,115,000 | 55,478,000 | 56,249,000 |
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 | 3,996,000 | 8,006,000 | 12,068,000 | 16,191,000 |
| Interest expense | 295,000 | 581,000 | 903,000 | 1,219,000 |
| Net interest income | 3,701,000 | 7,425,000 | 11,165,000 | 14,972,000 |
| Noninterest income | 1,479,000 | 2,828,000 | 3,942,000 | 4,879,000 |
| Noninterest expense | 3,289,000 | 6,515,000 | 9,652,000 | 12,659,000 |
| Provision for loan losses | 110,000 | 200,000 | 200,000 | 180,000 |
| Pretax income | 1,781,000 | 3,538,000 | 5,255,000 | 7,012,000 |
| Income tax | 710,000 | 1,327,000 | 1,972,000 | 2,622,000 |
| Net income | 1,071,000 | 2,211,000 | 3,283,000 | 4,390,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,134,000 | 53,774,000 | 54,845,000 | 55,953,000 |
| Total capital | 57,600,000 | 58,362,000 | 59,547,000 | 60,690,000 |
| Risk-weighted assets | 354,412,000 | 364,142,000 | 373,354,000 | 376,152,000 |