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 | 202,272,000 | 187,567,000 | 182,695,000 | 179,773,000 |
| Total loans | 147,482,000 | 144,480,000 | 135,774,000 | 124,709,000 |
| Allowance for loan losses | 7,996,000 | 8,656,000 | 7,612,000 | 6,130,000 |
| Securities available for sale | 21,545,000 | 19,846,000 | 19,676,000 | 26,713,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,685,000 | 120,949,000 | 114,207,000 | 112,140,000 |
| Interest-bearing deposits | 106,365,000 | 101,337,000 | 95,284,000 | 91,119,000 |
| Noninterest-bearing deposits | 29,320,000 | 19,612,000 | 18,923,000 | 21,021,000 |
| Equity capital | 14,265,000 | 14,029,000 | 14,644,000 | 14,530,000 |
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 | 2,268,000 | 4,424,000 | 6,482,000 | 8,436,000 |
| Interest expense | 871,000 | 1,683,000 | 2,452,000 | 3,185,000 |
| Net interest income | 1,397,000 | 2,741,000 | 4,030,000 | 5,251,000 |
| Noninterest income | -271,000 | -354,000 | -330,000 | -357,000 |
| Noninterest expense | 1,223,000 | 2,544,000 | 3,735,000 | 4,927,000 |
| Provision for loan losses | 280,000 | 891,000 | 1,417,000 | 1,417,000 |
| Pretax income | -376,000 | -1,009,000 | -1,413,000 | -1,411,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -376,000 | -1,009,000 | -1,413,000 | -1,411,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,568,000 | 13,936,000 | 14,281,000 | 14,284,000 |
| Total capital | 16,459,000 | 15,812,000 | 16,104,000 | 15,997,000 |
| Risk-weighted assets | 145,139,000 | 143,275,000 | 140,068,000 | 132,586,000 |