Call reports 2001
CORNERSTONE STATE BANK — 2001
What CORNERSTONE STATE BANK 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 | 48,738,000 | 50,869,000 | 51,970,000 | 51,747,000 |
| Total loans | 40,363,000 | 42,301,000 | 42,507,000 | 42,079,000 |
| Allowance for loan losses | 413,000 | 441,000 | 447,000 | 421,000 |
| Securities available for sale | 1,004,000 | 2,444,000 | 2,460,000 | 1,029,000 |
| Securities held to maturity | 1,987,000 | 986,000 | 1,136,000 | 2,277,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,345,000 | 40,434,000 | 41,416,000 | 41,173,000 |
| Interest-bearing deposits | 35,063,000 | 36,173,000 | 36,818,000 | 36,107,000 |
| Noninterest-bearing deposits | 4,282,000 | 4,261,000 | 4,598,000 | 5,066,000 |
| Equity capital | 4,619,000 | 4,783,000 | 4,874,000 | 5,031,000 |
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 | 1,039,000 | 2,102,000 | 3,130,000 | 4,089,000 |
| Interest expense | 531,000 | 1,006,000 | 1,483,000 | 1,896,000 |
| Net interest income | 508,000 | 1,096,000 | 1,647,000 | 2,193,000 |
| Noninterest income | 67,000 | 146,000 | 210,000 | 293,000 |
| Noninterest expense | 381,000 | 744,000 | 1,171,000 | 1,525,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 166,000 | 440,000 | 598,000 | 836,000 |
| Income tax | 81,000 | 198,000 | 276,000 | 354,000 |
| Net income | 85,000 | 242,000 | 322,000 | 482,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,955,000 | 4,093,000 | 4,180,000 | 4,357,000 |
| Total capital | 4,368,000 | 4,534,000 | 4,627,000 | 4,778,000 |
| Risk-weighted assets | 49,628,000 | 37,600,000 | 37,918,000 | 37,018,000 |