Call reports 2015
FIRST CORNERSTONE BANK — 2015
What FIRST CORNERSTONE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 114,844,000 | 112,745,000 | 110,865,000 | 107,005,000 |
| Total loans | 63,320,000 | 63,199,000 | 56,465,000 | 52,330,000 |
| Allowance for loan losses | 1,293,000 | 1,308,000 | 1,139,000 | 1,041,000 |
| Securities available for sale | 22,368,000 | 19,902,000 | 10,105,000 | 10,064,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,960,000 | 108,823,000 | 107,650,000 | 103,875,000 |
| Interest-bearing deposits | 101,056,000 | 99,609,000 | 98,974,000 | 94,638,000 |
| Noninterest-bearing deposits | 7,904,000 | 9,214,000 | 8,676,000 | 9,237,000 |
| Equity capital | 5,697,000 | 3,792,000 | 3,036,000 | 2,980,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 894,000 | 1,790,000 | 2,644,000 | 3,616,000 |
| Interest expense | 205,000 | 414,000 | 625,000 | 831,000 |
| Net interest income | 689,000 | 1,376,000 | 2,019,000 | 2,785,000 |
| Noninterest income | -48,000 | -360,000 | -563,000 | 276,000 |
| Noninterest expense | 1,628,000 | 3,244,000 | 4,811,000 | 6,431,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -964,000 | -2,245,000 | -3,380,000 | -3,395,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -964,000 | -2,245,000 | -3,380,000 | -3,395,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,697,000 | 4,402,000 | 3,262,000 | 3,247,000 |
| Total capital | 6,649,000 | 5,300,000 | 4,053,000 | 3,955,000 |
| Risk-weighted assets | 76,172,000 | 71,421,000 | 62,969,000 | 56,299,000 |