Call reports 2008
CORNERSTONE BANK — 2008
What CORNERSTONE BANK 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 | 74,375,000 | 77,137,000 | 83,791,000 | 85,696,000 |
| Total loans | 32,687,000 | 31,621,000 | 33,297,000 | 36,731,000 |
| Allowance for loan losses | 724,000 | 738,000 | 711,000 | 712,000 |
| Securities available for sale | 22,457,000 | 21,049,000 | 23,259,000 | 30,702,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,000,000 | 65,874,000 | 72,793,000 | 75,817,000 |
| Interest-bearing deposits | 51,735,000 | 51,486,000 | 58,002,000 | 61,691,000 |
| Noninterest-bearing deposits | 11,265,000 | 14,388,000 | 14,791,000 | 14,125,000 |
| Equity capital | 8,552,000 | 8,493,000 | 8,604,000 | 7,939,000 |
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 | 912,000 | 1,803,000 | 2,760,000 | 3,766,000 |
| Interest expense | 362,000 | 672,000 | 967,000 | 1,275,000 |
| Net interest income | 550,000 | 1,131,000 | 1,793,000 | 2,491,000 |
| Noninterest income | 228,000 | 467,000 | 714,000 | 932,000 |
| Noninterest expense | 604,000 | 1,276,000 | 2,052,000 | 2,833,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 174,000 | 322,000 | 455,000 | 590,000 |
| Income tax | 41,000 | 74,000 | 100,000 | 84,000 |
| Net income | 133,000 | 248,000 | 355,000 | 506,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,644,000 | 8,759,000 | 8,866,000 | 8,897,000 |
| Total capital | 9,225,000 | 9,332,000 | 9,488,000 | 9,529,000 |
| Risk-weighted assets | 46,368,000 | 45,671,000 | 49,674,000 | 50,459,000 |
Machine access — free, no API key
Every figure shown here about CORNERSTONE BANK — 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 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.