Call reports 2006
CORNERSTONE BANK & TRUST, NATIONAL ASSOCIATION — 2006
What CORNERSTONE BANK & TRUST, NATIONAL ASSOCIATION reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 109,876,000 | 110,338,000 | 110,403,000 | 112,353,000 |
| Total loans | 75,315,000 | 75,172,000 | 77,430,000 | 76,517,000 |
| Allowance for loan losses | 982,000 | 964,000 | 949,000 | 943,000 |
| Securities available for sale | 20,836,000 | 19,989,000 | 19,394,000 | 18,851,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,097,000 | 91,028,000 | 91,239,000 | 94,385,000 |
| Interest-bearing deposits | 78,217,000 | 78,443,000 | 80,520,000 | 83,166,000 |
| Noninterest-bearing deposits | 11,880,000 | 12,585,000 | 10,719,000 | 11,219,000 |
| Equity capital | 13,823,000 | 13,793,000 | 14,031,000 | 14,073,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,579,000 | 3,206,000 | 4,880,000 | 6,587,000 |
| Interest expense | 578,000 | 1,209,000 | 1,893,000 | 2,648,000 |
| Net interest income | 1,001,000 | 1,997,000 | 2,987,000 | 3,939,000 |
| Noninterest income | 254,000 | 571,000 | 840,000 | 1,190,000 |
| Noninterest expense | 894,000 | 1,795,000 | 2,736,000 | 3,693,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 361,000 | 773,000 | 1,091,000 | 1,436,000 |
| Income tax | 133,000 | 273,000 | 374,000 | 507,000 |
| Net income | 228,000 | 500,000 | 717,000 | 929,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,457,000 | 10,567,000 | 10,679,000 | 10,642,000 |
| Total capital | 11,452,000 | 11,649,000 | 11,717,000 | 11,678,000 |
| Risk-weighted assets | 86,215,000 | 87,301,000 | 88,438,000 | 92,753,000 |