Call reports 2015
CORNERSTONE BANK — 2015
What 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 | 469,713,000 | 469,126,000 | 486,059,000 | 511,900,000 |
| Total loans | 376,459,000 | 378,889,000 | 399,128,000 | 416,820,000 |
| Allowance for loan losses | 3,054,000 | 3,080,000 | 3,168,000 | 3,203,000 |
| Securities available for sale | 4,665,000 | 4,911,000 | 7,855,000 | 21,187,000 |
| Securities held to maturity | 31,080,000 | 34,343,000 | 29,965,000 | 24,780,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 378,190,000 | 384,014,000 | 397,231,000 | 427,495,000 |
| Interest-bearing deposits | 359,899,000 | 362,402,000 | 373,368,000 | 404,654,000 |
| Noninterest-bearing deposits | 18,291,000 | 21,612,000 | 23,863,000 | 22,841,000 |
| Equity capital | 55,599,000 | 56,104,000 | 56,370,000 | 57,132,000 |
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 | 4,142,000 | 8,444,000 | 12,846,000 | 17,411,000 |
| Interest expense | 583,000 | 1,187,000 | 1,818,000 | 2,490,000 |
| Net interest income | 3,559,000 | 7,257,000 | 11,028,000 | 14,921,000 |
| Noninterest income | 462,000 | 896,000 | 1,336,000 | 1,819,000 |
| Noninterest expense | 3,401,000 | 6,628,000 | 9,879,000 | 13,384,000 |
| Provision for loan losses | 90,000 | 175,000 | 265,000 | 295,000 |
| Pretax income | 647,000 | 1,521,000 | 2,457,000 | 3,329,000 |
| Income tax | 206,000 | 503,000 | 823,000 | 1,117,000 |
| Net income | 441,000 | 1,018,000 | 1,634,000 | 2,212,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,932,000 | 55,509,000 | 56,125,000 | 57,151,000 |
| Total capital | 58,136,000 | 58,690,000 | 59,295,000 | 60,481,000 |
| Risk-weighted assets | 311,797,000 | 314,544,000 | 346,514,000 | 361,953,000 |