Call reports 2011
CORNERSTONE BANK — 2011
What CORNERSTONE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 194,110,000 | 192,899,000 | 209,435,000 | 223,523,000 |
| Total loans | 65,692,000 | 73,759,000 | 78,336,000 | 73,180,000 |
| Allowance for loan losses | 612,000 | 634,000 | 657,000 | 738,000 |
| Securities available for sale | 49,907,000 | 50,547,000 | 55,094,000 | 68,618,000 |
| Securities held to maturity | 28,686,000 | 25,981,000 | 24,109,000 | 21,931,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,127,000 | 170,593,000 | 187,746,000 | 201,817,000 |
| Interest-bearing deposits | 132,813,000 | 129,809,000 | 142,009,000 | 149,984,000 |
| Noninterest-bearing deposits | 42,314,000 | 40,784,000 | 45,737,000 | 51,833,000 |
| Equity capital | 16,457,000 | 17,115,000 | 18,092,000 | 18,725,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,482,000 | 3,048,000 | 4,707,000 | 6,334,000 |
| Interest expense | 206,000 | 401,000 | 586,000 | 763,000 |
| Net interest income | 1,276,000 | 2,647,000 | 4,121,000 | 5,571,000 |
| Noninterest income | 127,000 | 220,000 | 433,000 | 616,000 |
| Noninterest expense | 708,000 | 1,380,000 | 2,140,000 | 2,970,000 |
| Provision for loan losses | 36,000 | 72,000 | 108,000 | 194,000 |
| Pretax income | 659,000 | 1,459,000 | 2,350,000 | 3,083,000 |
| Income tax | 45,000 | 97,000 | 152,000 | 190,000 |
| Net income | 614,000 | 1,362,000 | 2,198,000 | 2,893,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,784,000 | 15,279,000 | 15,975,000 | 16,530,000 |
| Total capital | 15,396,000 | 15,913,000 | 16,632,000 | 17,268,000 |
| Risk-weighted assets | 93,011,000 | 98,886,000 | 104,835,000 | 104,115,000 |