Call reports 2008
CORNERSTONE BANK, INC. — 2008
What CORNERSTONE BANK, INC. reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 68,030,000 | 71,829,000 | 74,040,000 | 75,447,000 |
| Total loans | 31,064,000 | 31,301,000 | 31,833,000 | 31,050,000 |
| Allowance for loan losses | 322,000 | 316,000 | 293,000 | 284,000 |
| Securities available for sale | 25,057,000 | 29,251,000 | 29,151,000 | 30,012,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,912,000 | 59,861,000 | 62,063,000 | 62,893,000 |
| Interest-bearing deposits | 40,507,000 | 42,661,000 | 45,226,000 | 44,093,000 |
| Noninterest-bearing deposits | 15,405,000 | 17,200,000 | 16,837,000 | 18,800,000 |
| Equity capital | 11,635,000 | 11,464,000 | 11,434,000 | 12,060,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 897,000 | 1,790,000 | 2,697,000 | 3,592,000 |
| Interest expense | 342,000 | 672,000 | 1,011,000 | 1,318,000 |
| Net interest income | 555,000 | 1,118,000 | 1,686,000 | 2,274,000 |
| Noninterest income | 75,000 | 149,000 | 217,000 | 282,000 |
| Noninterest expense | 463,000 | 887,000 | 1,341,000 | 1,850,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 167,000 | 380,000 | 562,000 | 706,000 |
| Income tax | 12,000 | 41,000 | 57,000 | 9,000 |
| Net income | 155,000 | 339,000 | 505,000 | 697,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,584,000 | 11,768,000 | 11,928,000 | 11,994,000 |
| Total capital | 11,906,000 | 12,084,000 | 12,221,000 | 12,278,000 |
| Risk-weighted assets | 35,883,000 | 37,393,000 | 38,565,000 | 38,837,000 |
Machine access — free, no API key
Every figure shown here about CORNERSTONE BANK, INC. — 2008 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts, and since 27 September get_timeseries for a metric over time with its gap years made explicit and compare_entities for several entities on one shared period) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.