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 | 123,691,000 | 120,754,000 | 115,467,000 | 111,966,000 |
| Total loans | 71,784,000 | 71,467,000 | 68,771,000 | 65,788,000 |
| Allowance for loan losses | 2,365,000 | 2,389,000 | 2,145,000 | 1,570,000 |
| Securities available for sale | 31,517,000 | 28,863,000 | 27,836,000 | 27,025,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,747,000 | 104,702,000 | 100,347,000 | 97,066,000 |
| Interest-bearing deposits | 94,206,000 | 91,101,000 | 87,550,000 | 82,913,000 |
| Noninterest-bearing deposits | 12,541,000 | 13,601,000 | 12,797,000 | 14,153,000 |
| Equity capital | 6,264,000 | 6,665,000 | 6,811,000 | 7,064,000 |
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 | 1,036,000 | 2,153,000 | 3,199,000 | 4,199,000 |
| Interest expense | 179,000 | 350,000 | 509,000 | 659,000 |
| Net interest income | 857,000 | 1,803,000 | 2,690,000 | 3,540,000 |
| Noninterest income | 99,000 | 255,000 | 150,000 | 293,000 |
| Noninterest expense | 799,000 | 1,663,000 | 2,561,000 | 3,504,000 |
| Provision for loan losses | -180,000 | -180,000 | -430,000 | -430,000 |
| Pretax income | 356,000 | 757,000 | 873,000 | 923,000 |
| Income tax | 0 | 0 | 3,000 | 3,000 |
| Net income | 356,000 | 757,000 | 870,000 | 920,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,512,000 | 6,913,000 | 7,026,000 | 7,076,000 |
| Total capital | 7,510,000 | 7,881,000 | 7,956,000 | 7,966,000 |
| Risk-weighted assets | 78,471,000 | 76,000,000 | 73,148,000 | 70,453,000 |