Call reports 2001
CORNERSTONE BANK & TRUST, NATIONAL ASSOCIATION — 2001
What CORNERSTONE BANK & TRUST, NATIONAL ASSOCIATION reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 103,967,000 | 94,624,000 | 91,321,000 | 91,908,000 |
| Total loans | 67,375,000 | 72,402,000 | 70,751,000 | 70,137,000 |
| Allowance for loan losses | 438,000 | 601,000 | 601,000 | 600,000 |
| Securities available for sale | 15,336,000 | 14,125,000 | 13,801,000 | 14,702,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,140,000 | 89,028,000 | 83,528,000 | 83,437,000 |
| Interest-bearing deposits | 83,483,000 | 82,220,000 | 76,323,000 | 75,895,000 |
| Noninterest-bearing deposits | 6,657,000 | 6,808,000 | 7,205,000 | 7,542,000 |
| Equity capital | 5,078,000 | 4,844,000 | 5,204,000 | 5,855,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,921,000 | 3,875,000 | 5,735,000 | 7,462,000 |
| Interest expense | 1,213,000 | 2,309,000 | 3,201,000 | 3,948,000 |
| Net interest income | 708,000 | 1,566,000 | 2,534,000 | 3,514,000 |
| Noninterest income | 119,000 | 237,000 | 382,000 | 551,000 |
| Noninterest expense | 834,000 | 1,662,000 | 2,514,000 | 3,413,000 |
| Provision for loan losses | 30,000 | 360,000 | 360,000 | 360,000 |
| Pretax income | -37,000 | -219,000 | 42,000 | 355,000 |
| Income tax | 2,000 | 4,000 | 7,000 | -15,000 |
| Net income | -39,000 | -223,000 | 35,000 | 370,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,947,000 | 4,763,000 | 5,023,000 | 5,861,000 |
| Total capital | 5,385,000 | 5,364,000 | 5,624,000 | 6,461,000 |
| Risk-weighted assets | 62,816,000 | 63,569,000 | 63,201,000 | 63,752,000 |