Call reports 2014
FIRST CORNERSTONE BANK — 2014
What FIRST 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 | 131,255,000 | 125,747,000 | 117,978,000 | 113,477,000 |
| Total loans | 68,282,000 | 67,901,000 | 64,152,000 | 64,644,000 |
| Allowance for loan losses | 1,554,000 | 1,267,000 | 1,269,000 | 1,293,000 |
| Securities available for sale | 32,071,000 | 33,268,000 | 32,471,000 | 25,599,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,584,000 | 115,868,000 | 108,949,000 | 106,728,000 |
| Interest-bearing deposits | 113,430,000 | 109,082,000 | 101,905,000 | 98,677,000 |
| Noninterest-bearing deposits | 7,154,000 | 6,786,000 | 7,044,000 | 8,051,000 |
| Equity capital | 10,487,000 | 9,747,000 | 8,855,000 | 6,640,000 |
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 | 1,063,000 | 2,149,000 | 3,109,000 | 4,059,000 |
| Interest expense | 243,000 | 474,000 | 688,000 | 894,000 |
| Net interest income | 820,000 | 1,675,000 | 2,421,000 | 3,165,000 |
| Noninterest income | 15,000 | 70,000 | 72,000 | -934,000 |
| Noninterest expense | 1,740,000 | 3,396,000 | 5,118,000 | 6,816,000 |
| Provision for loan losses | 0 | 0 | 0 | 627,000 |
| Pretax income | -917,000 | -1,603,000 | -2,521,000 | -5,089,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -917,000 | -1,603,000 | -2,521,000 | -5,089,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,814,000 | 10,128,000 | 9,211,000 | 6,642,000 |
| Total capital | 11,828,000 | 11,096,000 | 10,160,000 | 7,557,000 |
| Risk-weighted assets | 80,545,000 | 77,141,000 | 75,626,000 | 72,845,000 |