Call reports 2013
CORNERBANK — 2013
What CORNERBANK 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 | 270,390,000 | 264,815,000 | 270,016,000 | 285,968,000 |
| Total loans | 113,221,000 | 118,274,000 | 128,470,000 | 137,250,000 |
| Allowance for loan losses | 1,580,000 | 1,260,000 | 1,283,000 | 1,247,000 |
| Securities available for sale | 143,458,000 | 131,867,000 | 125,649,000 | 126,696,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 230,623,000 | 225,755,000 | 230,075,000 | 250,292,000 |
| Interest-bearing deposits | 203,322,000 | 217,628,000 | 221,365,000 | 243,000,000 |
| Noninterest-bearing deposits | 27,301,000 | 8,127,000 | 8,710,000 | 7,292,000 |
| Equity capital | 25,571,000 | 23,780,000 | 23,651,000 | 23,525,000 |
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 | 2,186,000 | 4,423,000 | 6,736,000 | 9,128,000 |
| Interest expense | 254,000 | 487,000 | 707,000 | 913,000 |
| Net interest income | 1,932,000 | 3,936,000 | 6,029,000 | 8,215,000 |
| Noninterest income | 663,000 | 1,301,000 | 2,039,000 | 2,862,000 |
| Noninterest expense | 2,234,000 | 4,597,000 | 6,995,000 | 9,894,000 |
| Provision for loan losses | 0 | 0 | 15,000 | 15,000 |
| Pretax income | 356,000 | 784,000 | 1,215,000 | 1,402,000 |
| Income tax | 56,000 | 45,000 | 54,000 | 44,000 |
| Net income | 300,000 | 739,000 | 1,161,000 | 1,358,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,783,000 | 23,109,000 | 23,382,000 | 23,391,000 |
| Total capital | 24,363,000 | 24,369,000 | 24,665,000 | 24,638,000 |
| Risk-weighted assets | 150,955,000 | 156,242,000 | 163,633,000 | 172,834,000 |