Call reports 2013
CORNERSTONE BANK, THE — 2013
What CORNERSTONE BANK, THE 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 | 122,733,000 | 122,128,000 | 124,340,000 | 124,355,000 |
| Total loans | 82,682,000 | 84,821,000 | 85,612,000 | 88,000,000 |
| Allowance for loan losses | 1,829,000 | 1,824,000 | 1,883,000 | 1,846,000 |
| Securities available for sale | 28,714,000 | 28,360,000 | 27,261,000 | 26,965,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,500,000 | 107,774,000 | 110,017,000 | 110,522,000 |
| Interest-bearing deposits | 92,727,000 | 91,318,000 | 94,379,000 | 93,507,000 |
| Noninterest-bearing deposits | 15,773,000 | 16,456,000 | 15,638,000 | 17,015,000 |
| Equity capital | 14,026,000 | 13,568,000 | 13,887,000 | 13,560,000 |
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 | 1,744,000 | 3,526,000 | 5,333,000 | 7,132,000 |
| Interest expense | 189,000 | 374,000 | 559,000 | 737,000 |
| Net interest income | 1,555,000 | 3,152,000 | 4,774,000 | 6,395,000 |
| Noninterest income | 131,000 | 242,000 | 416,000 | 582,000 |
| Noninterest expense | 1,183,000 | 2,459,000 | 3,513,000 | 5,100,000 |
| Provision for loan losses | 135,000 | 270,000 | 405,000 | 540,000 |
| Pretax income | 368,000 | 680,000 | 1,287,000 | 1,352,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 368,000 | 680,000 | 1,287,000 | 1,352,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,639,000 | 13,851,000 | 14,358,000 | 14,123,000 |
| Total capital | 14,639,000 | 14,864,000 | 15,368,000 | 15,157,000 |
| Risk-weighted assets | 79,136,000 | 80,212,000 | 79,963,000 | 81,937,000 |