Call reports 2014
CORNERSTONE BANK, THE — 2014
What CORNERSTONE BANK, THE 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 | 127,416,000 | 127,814,000 | 130,251,000 | 131,035,000 |
| Total loans | 89,097,000 | 91,474,000 | 94,138,000 | 95,525,000 |
| Allowance for loan losses | 1,908,000 | 1,845,000 | 1,922,000 | 1,914,000 |
| Securities available for sale | 26,998,000 | 26,309,000 | 25,737,000 | 26,183,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,815,000 | 112,497,000 | 112,798,000 | 113,228,000 |
| Interest-bearing deposits | 96,403,000 | 95,214,000 | 95,159,000 | 94,977,000 |
| Noninterest-bearing deposits | 16,412,000 | 17,283,000 | 17,639,000 | 18,251,000 |
| Equity capital | 14,300,000 | 14,919,000 | 15,249,000 | 15,384,000 |
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 | 1,810,000 | 3,615,000 | 5,485,000 | 7,363,000 |
| Interest expense | 171,000 | 342,000 | 516,000 | 690,000 |
| Net interest income | 1,639,000 | 3,273,000 | 4,969,000 | 6,673,000 |
| Noninterest income | 212,000 | 598,000 | 760,000 | 902,000 |
| Noninterest expense | 1,103,000 | 2,410,000 | 3,663,000 | 5,058,000 |
| Provision for loan losses | 135,000 | 270,000 | 395,000 | 515,000 |
| Pretax income | 613,000 | 1,191,000 | 1,671,000 | 2,002,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 613,000 | 1,191,000 | 1,671,000 | 2,002,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,636,000 | 15,014,000 | 15,294,000 | 15,224,000 |
| Total capital | 15,679,000 | 16,081,000 | 16,383,000 | 16,337,000 |
| Risk-weighted assets | 82,553,000 | 84,184,000 | 86,309,000 | 88,221,000 |