Call reports 2010
CORNERSTONE BANK & TRUST, NATIONAL ASSOCIATION — 2010
What CORNERSTONE BANK & TRUST, NATIONAL ASSOCIATION reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 132,909,000 | 133,617,000 | 152,226,000 | 139,401,000 |
| Total loans | 101,609,000 | 101,364,000 | 102,918,000 | 99,160,000 |
| Allowance for loan losses | 1,001,000 | 998,000 | 1,581,000 | 1,236,000 |
| Securities available for sale | 10,624,000 | 12,532,000 | 12,968,000 | 18,219,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,265,000 | 109,944,000 | 130,671,000 | 117,883,000 |
| Interest-bearing deposits | 94,519,000 | 94,244,000 | 99,494,000 | 102,941,000 |
| Noninterest-bearing deposits | 14,746,000 | 15,700,000 | 31,177,000 | 14,942,000 |
| Equity capital | 15,288,000 | 15,417,000 | 16,176,000 | 16,142,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,556,000 | 3,160,000 | 4,839,000 | 6,432,000 |
| Interest expense | 442,000 | 867,000 | 1,294,000 | 1,694,000 |
| Net interest income | 1,114,000 | 2,293,000 | 3,545,000 | 4,738,000 |
| Noninterest income | 215,000 | 554,000 | 799,000 | 1,143,000 |
| Noninterest expense | 1,039,000 | 2,079,000 | 3,089,000 | 4,112,000 |
| Provision for loan losses | 326,000 | 578,000 | 1,185,000 | 1,582,000 |
| Pretax income | -36,000 | 190,000 | 74,000 | 191,000 |
| Income tax | -25,000 | 45,000 | -1,000 | -30,000 |
| Net income | -11,000 | 145,000 | 75,000 | 221,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,530,000 | 10,677,000 | 11,460,000 | 11,496,000 |
| Total capital | 11,532,000 | 11,675,000 | 12,896,000 | 12,732,000 |
| Risk-weighted assets | 113,449,000 | 113,687,000 | 114,675,000 | 110,320,000 |