Call reports 2009
CORNERSTONE BANK & TRUST, NATIONAL ASSOCIATION — 2009
What CORNERSTONE BANK & TRUST, NATIONAL ASSOCIATION reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 126,665,000 | 122,383,000 | 124,244,000 | 125,573,000 |
| Total loans | 95,018,000 | 94,470,000 | 97,613,000 | 100,123,000 |
| Allowance for loan losses | 563,000 | 912,000 | 841,000 | 945,000 |
| Securities available for sale | 13,611,000 | 12,496,000 | 11,493,000 | 10,633,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,463,000 | 101,583,000 | 101,162,000 | 104,241,000 |
| Interest-bearing deposits | 90,269,000 | 87,906,000 | 88,689,000 | 89,786,000 |
| Noninterest-bearing deposits | 15,194,000 | 13,677,000 | 12,473,000 | 14,455,000 |
| Equity capital | 15,230,000 | 15,154,000 | 15,391,000 | 15,259,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,625,000 | 3,178,000 | 4,743,000 | 6,334,000 |
| Interest expense | 641,000 | 1,182,000 | 1,684,000 | 2,174,000 |
| Net interest income | 984,000 | 1,996,000 | 3,059,000 | 4,160,000 |
| Noninterest income | 337,000 | 741,000 | 1,034,000 | 1,271,000 |
| Noninterest expense | 1,027,000 | 2,176,000 | 3,192,000 | 4,062,000 |
| Provision for loan losses | 0 | 334,000 | 363,000 | 438,000 |
| Pretax income | 294,000 | 227,000 | 539,000 | 932,000 |
| Income tax | 62,000 | -18,000 | 79,000 | 214,000 |
| Net income | 232,000 | 245,000 | 460,000 | 718,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,538,000 | 11,609,000 | 11,636,000 | 11,653,000 |
| Total capital | 12,101,000 | 12,458,000 | 12,477,000 | 12,598,000 |
| Risk-weighted assets | 104,326,000 | 104,113,000 | 107,229,000 | 110,360,000 |