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 | 120,901,000 | 125,147,000 | 122,287,000 | 125,158,000 |
| Total loans | 46,735,000 | 45,725,000 | 43,375,000 | 45,568,000 |
| Allowance for loan losses | 808,000 | 730,000 | 727,000 | 803,000 |
| Securities available for sale | 51,639,000 | 57,653,000 | 57,871,000 | 62,195,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,629,000 | 111,782,000 | 108,809,000 | 113,251,000 |
| Interest-bearing deposits | 89,712,000 | 89,187,000 | 88,578,000 | 91,847,000 |
| Noninterest-bearing deposits | 19,917,000 | 22,595,000 | 20,231,000 | 21,404,000 |
| Equity capital | 9,044,000 | 10,443,000 | 10,533,000 | 9,669,000 |
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 | 1,162,000 | 2,391,000 | 3,628,000 | 4,817,000 |
| Interest expense | 265,000 | 514,000 | 752,000 | 955,000 |
| Net interest income | 897,000 | 1,877,000 | 2,876,000 | 3,862,000 |
| Noninterest income | 302,000 | 549,000 | 739,000 | 907,000 |
| Noninterest expense | 1,007,000 | 2,029,000 | 3,032,000 | 3,867,000 |
| Provision for loan losses | 0 | 0 | 0 | 345,000 |
| Pretax income | 193,000 | 455,000 | 641,000 | 615,000 |
| Income tax | 8,000 | 33,000 | 33,000 | -42,000 |
| Net income | 185,000 | 422,000 | 608,000 | 657,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,866,000 | 10,103,000 | 10,289,000 | 10,231,000 |
| Total capital | 10,674,000 | 10,833,000 | 11,016,000 | 11,034,000 |
| Risk-weighted assets | 67,355,000 | 69,417,000 | 67,439,000 | 69,959,000 |