Call reports 2012
CORNERSTONE BANK — 2012
What CORNERSTONE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 381,064,000 | 375,574,000 | 377,281,000 | 381,046,000 |
| Total loans | 285,945,000 | 290,634,000 | 294,604,000 | 300,461,000 |
| Allowance for loan losses | 2,505,000 | 2,711,000 | 2,818,000 | 3,003,000 |
| Securities available for sale | 2,614,000 | 2,543,000 | 1,522,000 | 1,519,000 |
| Securities held to maturity | 40,353,000 | 35,191,000 | 32,549,000 | 31,532,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 300,834,000 | 298,794,000 | 298,515,000 | 290,952,000 |
| Interest-bearing deposits | 288,841,000 | 287,369,000 | 286,070,000 | 279,176,000 |
| Noninterest-bearing deposits | 11,993,000 | 11,425,000 | 12,445,000 | 11,776,000 |
| Equity capital | 49,771,000 | 50,153,000 | 50,097,000 | 50,319,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 3,909,000 | 7,898,000 | 11,765,000 | 15,567,000 |
| Interest expense | 657,000 | 1,235,000 | 1,791,000 | 2,334,000 |
| Net interest income | 3,252,000 | 6,663,000 | 9,974,000 | 13,233,000 |
| Noninterest income | 680,000 | 1,294,000 | 2,058,000 | 2,814,000 |
| Noninterest expense | 2,804,000 | 5,734,000 | 8,469,000 | 11,986,000 |
| Provision for loan losses | 500,000 | 950,000 | 1,200,000 | 1,375,000 |
| Pretax income | 633,000 | 1,301,000 | 2,415,000 | 2,750,000 |
| Income tax | 215,000 | 445,000 | 854,000 | 949,000 |
| Net income | 418,000 | 856,000 | 1,561,000 | 1,801,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,693,000 | 50,131,000 | 50,836,000 | 51,076,000 |
| Total capital | 52,326,000 | 52,931,000 | 53,766,000 | 54,179,000 |
| Risk-weighted assets | 253,776,000 | 258,271,000 | 263,392,000 | 267,721,000 |