Call reports 2013
FIRST CORNERSTONE BANK — 2013
What FIRST 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 | 146,148,000 | 142,874,000 | 138,529,000 | 132,424,000 |
| Total loans | 81,681,000 | 75,747,000 | 74,389,000 | 72,339,000 |
| Allowance for loan losses | 1,575,000 | 1,472,000 | 1,476,000 | 1,551,000 |
| Securities available for sale | 29,708,000 | 27,587,000 | 34,573,000 | 27,359,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,412,000 | 132,954,000 | 129,591,000 | 125,321,000 |
| Interest-bearing deposits | 128,652,000 | 124,857,000 | 121,370,000 | 119,032,000 |
| Noninterest-bearing deposits | 5,760,000 | 8,097,000 | 8,221,000 | 6,289,000 |
| Equity capital | 11,528,000 | 9,781,000 | 8,780,000 | 6,937,000 |
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 | 1,298,000 | 2,583,000 | 3,814,000 | 4,823,000 |
| Interest expense | 377,000 | 695,000 | 994,000 | 1,260,000 |
| Net interest income | 921,000 | 1,888,000 | 2,820,000 | 3,563,000 |
| Noninterest income | 4,000 | 11,000 | -3,000 | -212,000 |
| Noninterest expense | 1,463,000 | 3,044,000 | 4,792,000 | 6,677,000 |
| Provision for loan losses | 175,000 | 960,000 | 960,000 | 1,155,000 |
| Pretax income | -713,000 | -2,105,000 | -2,935,000 | -4,308,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -713,000 | -2,105,000 | -2,935,000 | -4,308,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,291,000 | 9,838,000 | 9,069,000 | 7,696,000 |
| Total capital | 12,395,000 | 10,873,000 | 10,105,000 | 8,731,000 |
| Risk-weighted assets | 87,835,000 | 82,334,000 | 82,419,000 | 82,306,000 |