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 | 132,079,000 | 124,105,000 | 120,987,000 | 118,386,000 |
| Total loans | 69,583,000 | 68,326,000 | 67,018,000 | 68,274,000 |
| Allowance for loan losses | 2,644,000 | 2,661,000 | 2,605,000 | 2,496,000 |
| Securities available for sale | 33,157,000 | 32,705,000 | 33,228,000 | 33,975,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,593,000 | 109,266,000 | 106,643,000 | 103,108,000 |
| Interest-bearing deposits | 103,116,000 | 97,729,000 | 95,004,000 | 91,495,000 |
| Noninterest-bearing deposits | 12,477,000 | 11,536,000 | 11,639,000 | 11,613,000 |
| Equity capital | 6,260,000 | 5,855,000 | 5,344,000 | 5,649,000 |
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 | 1,099,000 | 2,131,000 | 3,189,000 | 4,248,000 |
| Interest expense | 364,000 | 683,000 | 951,000 | 1,163,000 |
| Net interest income | 735,000 | 1,448,000 | 2,238,000 | 3,085,000 |
| Noninterest income | 111,000 | 398,000 | 583,000 | 674,000 |
| Noninterest expense | 973,000 | 1,927,000 | 2,797,000 | 3,666,000 |
| Provision for loan losses | 90,000 | 120,000 | 150,000 | 50,000 |
| Pretax income | -14,000 | 2,000 | 77,000 | 246,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -14,000 | 2,000 | 77,000 | 246,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,176,000 | 6,192,000 | 6,267,000 | 6,156,000 |
| Total capital | 7,208,000 | 7,178,000 | 7,216,000 | 7,111,000 |
| Risk-weighted assets | 80,997,000 | 76,959,000 | 74,112,000 | 74,803,000 |