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Call reports 2006

CORNERSTONE BANK — 2006

What CORNERSTONE BANK reported to the FFIEC in 2006, quarter by quarter.

PERIOD: 2006SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/7dcc4bb1-a64c-4ab7-8804-681ce2f0e54f/2006

Balance sheet

What the bank holds and owes at quarter end

Measure2006Q12006Q22006Q32006Q4
Total assets540,627,000558,543,000585,958,000585,644,000
Total loans314,194,000334,462,000354,812,000350,185,000
Allowance for loan losses4,390,0004,462,0004,557,0004,753,000
Securities available for sale71,275,00070,775,00069,796,00064,913,000
Securities held to maturity101,211,000102,219,000101,301,00097,403,000
Trading assets0000
Total deposits474,721,000476,115,000514,095,000532,055,000
Interest-bearing deposits416,387,000419,236,000449,237,000454,990,000
Noninterest-bearing deposits58,334,00056,879,00064,858,00077,065,000
Equity capital46,451,00046,325,00047,353,00047,950,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2006Q12006Q22006Q32006Q4
Interest income7,537,00015,628,00024,446,00033,486,000
Interest expense3,139,0006,750,00011,191,00015,663,000
Net interest income4,398,0008,878,00013,255,00017,823,000
Noninterest income1,914,0003,780,0005,779,0007,588,000
Noninterest expense4,854,0009,811,00015,148,00020,012,000
Provision for loan losses99,000198,000299,000400,000
Pretax income1,359,0002,649,0003,587,0004,999,000
Income tax51,000102,000137,000192,000
Net income1,308,0002,547,0003,450,0004,807,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2006Q12006Q22006Q32006Q4
Tier 1 capital42,776,00043,157,00043,208,00043,711,000
Total capital47,166,00047,619,00047,764,00048,463,000
Risk-weighted assets360,686,000382,507,000403,979,000397,842,000

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