Call reports 2009
CORNERSTONE BANK — 2009
What CORNERSTONE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 146,260,000 | 151,920,000 | 149,292,000 | 160,498,000 |
| Total loans | 54,810,000 | 61,924,000 | 63,940,000 | 62,787,000 |
| Allowance for loan losses | 775,000 | 796,000 | 813,000 | 835,000 |
| Securities available for sale | 40,142,000 | 38,013,000 | 41,481,000 | 46,005,000 |
| Securities held to maturity | 22,504,000 | 20,628,000 | 19,886,000 | 19,198,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 131,367,000 | 136,625,000 | 133,089,000 | 143,853,000 |
| Interest-bearing deposits | 102,321,000 | 110,631,000 | 108,469,000 | 117,025,000 |
| Noninterest-bearing deposits | 29,046,000 | 25,994,000 | 24,620,000 | 26,828,000 |
| Equity capital | 13,981,000 | 14,179,000 | 15,035,000 | 15,513,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,514,000 | 3,018,000 | 4,563,000 | 6,109,000 |
| Interest expense | 377,000 | 715,000 | 1,038,000 | 1,351,000 |
| Net interest income | 1,137,000 | 2,303,000 | 3,525,000 | 4,758,000 |
| Noninterest income | 104,000 | 217,000 | 344,000 | 503,000 |
| Noninterest expense | 629,000 | 1,300,000 | 2,011,000 | 2,734,000 |
| Provision for loan losses | 16,000 | 40,000 | 64,000 | 88,000 |
| Pretax income | 596,000 | 1,180,000 | 1,794,000 | 2,439,000 |
| Income tax | 41,000 | 82,000 | 125,000 | 160,000 |
| Net income | 555,000 | 1,098,000 | 1,669,000 | 2,279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,514,000 | 12,543,000 | 13,051,000 | 13,599,000 |
| Total capital | 13,289,000 | 13,339,000 | 13,864,000 | 14,434,000 |
| Risk-weighted assets | 101,599,000 | 108,975,000 | 112,645,000 | 118,722,000 |