Call reports 2010
CORNERSTONE BANK — 2010
What CORNERSTONE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 169,691,000 | 164,257,000 | 170,392,000 | 182,634,000 |
| Total loans | 60,307,000 | 67,123,000 | 69,045,000 | 69,335,000 |
| Allowance for loan losses | 862,000 | 1,093,000 | 716,000 | 726,000 |
| Securities available for sale | 42,226,000 | 40,134,000 | 42,015,000 | 36,777,000 |
| Securities held to maturity | 24,112,000 | 27,104,000 | 30,884,000 | 32,519,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,752,000 | 145,774,000 | 150,567,000 | 164,587,000 |
| Interest-bearing deposits | 119,572,000 | 118,470,000 | 120,149,000 | 130,499,000 |
| Noninterest-bearing deposits | 27,180,000 | 27,304,000 | 30,418,000 | 34,088,000 |
| Equity capital | 15,729,000 | 15,345,000 | 15,970,000 | 16,048,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,477,000 | 2,970,000 | 4,540,000 | 6,062,000 |
| Interest expense | 286,000 | 559,000 | 808,000 | 1,033,000 |
| Net interest income | 1,191,000 | 2,411,000 | 3,732,000 | 5,029,000 |
| Noninterest income | 121,000 | 264,000 | 389,000 | 529,000 |
| Noninterest expense | 685,000 | 1,377,000 | 2,060,000 | 2,845,000 |
| Provision for loan losses | 24,000 | 256,000 | 380,000 | 404,000 |
| Pretax income | 603,000 | 1,042,000 | 1,681,000 | 2,309,000 |
| Income tax | 42,000 | 75,000 | 117,000 | 160,000 |
| Net income | 561,000 | 967,000 | 1,564,000 | 2,149,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,751,000 | 13,513,000 | 13,978,000 | 14,441,000 |
| Total capital | 14,613,000 | 14,606,000 | 14,694,000 | 15,167,000 |
| Risk-weighted assets | 119,021,000 | 123,402,000 | 130,691,000 | 94,279,000 |