Call reports 2004
CORNERSTONE BANK & TRUST, NATIONAL ASSOCIATION — 2004
What CORNERSTONE BANK & TRUST, NATIONAL ASSOCIATION reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 103,533,000 | 101,661,000 | 100,544,000 | 100,744,000 |
| Total loans | 56,100,000 | 58,218,000 | 56,917,000 | 58,420,000 |
| Allowance for loan losses | 1,112,000 | 1,130,000 | 1,122,000 | 1,123,000 |
| Securities available for sale | 27,410,000 | 30,337,000 | 27,274,000 | 27,714,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,333,000 | 84,544,000 | 83,121,000 | 83,478,000 |
| Interest-bearing deposits | 74,641,000 | 74,783,000 | 72,671,000 | 70,580,000 |
| Noninterest-bearing deposits | 11,692,000 | 9,761,000 | 10,450,000 | 12,898,000 |
| Equity capital | 13,960,000 | 13,435,000 | 13,901,000 | 13,765,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,246,000 | 2,504,000 | 3,897,000 | 5,135,000 |
| Interest expense | 397,000 | 787,000 | 1,160,000 | 1,530,000 |
| Net interest income | 849,000 | 1,717,000 | 2,737,000 | 3,605,000 |
| Noninterest income | 213,000 | 517,000 | 772,000 | 1,043,000 |
| Noninterest expense | 929,000 | 1,951,000 | 2,982,000 | 3,894,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 141,000 | 291,000 | 527,000 | 770,000 |
| Income tax | 53,000 | 99,000 | 199,000 | 281,000 |
| Net income | 88,000 | 192,000 | 328,000 | 489,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,564,000 | 9,634,000 | 9,802,000 | 9,871,000 |
| Total capital | 10,438,000 | 10,493,000 | 10,623,000 | 10,751,000 |
| Risk-weighted assets | 69,655,000 | 68,883,000 | 65,389,000 | 70,139,000 |