Call reports 2013
CORNERSTONE BANK — 2013
What CORNERSTONE BANK 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 | 382,461,000 | 389,460,000 | 395,874,000 | 406,124,000 |
| Total loans | 302,059,000 | 309,461,000 | 320,031,000 | 326,090,000 |
| Allowance for loan losses | 3,070,000 | 3,017,000 | 3,002,000 | 2,976,000 |
| Securities available for sale | 1,679,000 | 1,712,000 | 1,759,000 | 2,157,000 |
| Securities held to maturity | 31,462,000 | 29,206,000 | 27,294,000 | 32,001,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 300,823,000 | 302,432,000 | 304,338,000 | 312,225,000 |
| Interest-bearing deposits | 289,294,000 | 288,974,000 | 290,144,000 | 299,834,000 |
| Noninterest-bearing deposits | 11,529,000 | 13,458,000 | 14,194,000 | 12,391,000 |
| Equity capital | 50,835,000 | 51,133,000 | 52,623,000 | 53,223,000 |
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 | 3,768,000 | 7,590,000 | 11,408,000 | 15,272,000 |
| Interest expense | 533,000 | 1,066,000 | 1,601,000 | 2,163,000 |
| Net interest income | 3,235,000 | 6,524,000 | 9,807,000 | 13,109,000 |
| Noninterest income | 587,000 | 1,116,000 | 1,642,000 | 2,187,000 |
| Noninterest expense | 3,014,000 | 6,257,000 | 9,418,000 | 12,581,000 |
| Provision for loan losses | 180,000 | 360,000 | 495,000 | 555,000 |
| Pretax income | 645,000 | 1,074,000 | 1,644,000 | 2,283,000 |
| Income tax | 219,000 | 344,000 | 520,000 | 641,000 |
| Net income | 426,000 | 730,000 | 1,124,000 | 1,642,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,502,000 | 51,806,000 | 52,200,000 | 52,718,000 |
| Total capital | 54,733,000 | 54,980,000 | 55,360,000 | 55,908,000 |
| Risk-weighted assets | 265,722,000 | 268,136,000 | 264,661,000 | 269,535,000 |