Call reports 2002
CORNERSTONE STATE BANK — 2002
What CORNERSTONE STATE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 49,948,000 | 53,142,000 | 54,443,000 | 82,265,000 |
| Total loans | 42,663,000 | 43,220,000 | 42,589,000 | 51,072,000 |
| Allowance for loan losses | 373,000 | 418,000 | 439,000 | 1,086,000 |
| Securities available for sale | 1,029,000 | 1,029,000 | 1,035,000 | 7,077,000 |
| Securities held to maturity | 2,243,000 | 3,222,000 | 4,178,000 | 15,873,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,462,000 | 42,638,000 | 44,354,000 | 69,338,000 |
| Interest-bearing deposits | 34,724,000 | 38,381,000 | 39,218,000 | 59,683,000 |
| Noninterest-bearing deposits | 4,738,000 | 4,257,000 | 5,136,000 | 9,655,000 |
| Equity capital | 4,934,000 | 5,132,000 | 5,234,000 | 8,068,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 937,000 | 1,883,000 | 2,843,000 | 3,975,000 |
| Interest expense | 361,000 | 710,000 | 1,069,000 | 1,452,000 |
| Net interest income | 576,000 | 1,173,000 | 1,774,000 | 2,523,000 |
| Noninterest income | 64,000 | 135,000 | 162,000 | 293,000 |
| Noninterest expense | 408,000 | 749,000 | 1,160,000 | 1,780,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 720,000 |
| Pretax income | 202,000 | 499,000 | 686,000 | 316,000 |
| Income tax | 99,000 | 198,000 | 287,000 | 96,000 |
| Net income | 103,000 | 301,000 | 399,000 | 220,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,275,000 | 4,488,000 | 4,599,000 | 6,463,000 |
| Total capital | 4,648,000 | 4,905,000 | 5,038,000 | 7,087,000 |
| Risk-weighted assets | 37,219,000 | 38,328,000 | 37,675,000 | 49,411,000 |