Call reports 2014
CORNERSTONE COMMUNITY BANK — 2014
What CORNERSTONE COMMUNITY BANK 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 | 228,129,000 | 222,093,000 | 221,154,000 | 225,283,000 |
| Total loans | 159,147,000 | 155,596,000 | 150,916,000 | 160,999,000 |
| Allowance for loan losses | 2,271,000 | 2,167,000 | 1,867,000 | 1,815,000 |
| Securities available for sale | 34,526,000 | 34,428,000 | 33,923,000 | 38,304,000 |
| Securities held to maturity | 220,000 | 218,000 | 216,000 | 189,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,169,000 | 194,557,000 | 193,584,000 | 187,167,000 |
| Interest-bearing deposits | 136,980,000 | 130,791,000 | 125,844,000 | 119,984,000 |
| Noninterest-bearing deposits | 64,189,000 | 63,766,000 | 67,740,000 | 67,183,000 |
| Equity capital | 25,425,000 | 25,954,000 | 26,054,000 | 26,367,000 |
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 | 2,085,000 | 4,163,000 | 6,182,000 | 8,131,000 |
| Interest expense | 162,000 | 304,000 | 438,000 | 567,000 |
| Net interest income | 1,923,000 | 3,859,000 | 5,744,000 | 7,564,000 |
| Noninterest income | 261,000 | 499,000 | 692,000 | 844,000 |
| Noninterest expense | 1,658,000 | 3,310,000 | 4,972,000 | 6,645,000 |
| Provision for loan losses | 0 | 0 | 0 | 110,000 |
| Pretax income | 526,000 | 1,035,000 | 1,516,000 | 1,705,000 |
| Income tax | 151,000 | 299,000 | 434,000 | 464,000 |
| Net income | 375,000 | 736,000 | 1,082,000 | 1,241,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,212,000 | 22,607,000 | 22,835,000 | 22,952,000 |
| Total capital | 24,386,000 | 24,766,000 | 24,702,000 | 24,768,000 |
| Risk-weighted assets | 173,856,000 | 172,685,000 | 167,944,000 | 180,127,000 |