Call reports 2006
CORNERSTONE STATE BANK — 2006
What CORNERSTONE STATE BANK 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 | 91,185,000 | 96,836,000 | 89,476,000 | 90,434,000 |
| Total loans | 68,922,000 | 68,039,000 | 67,299,000 | 69,362,000 |
| Allowance for loan losses | 782,000 | 811,000 | 764,000 | 822,000 |
| Securities available for sale | 12,103,000 | 14,031,000 | 12,130,000 | 10,100,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,263,000 | 78,603,000 | 71,487,000 | 75,239,000 |
| Interest-bearing deposits | 63,231,000 | 68,276,000 | 62,039,000 | 63,508,000 |
| Noninterest-bearing deposits | 10,032,000 | 10,327,000 | 9,448,000 | 11,731,000 |
| Equity capital | 8,932,000 | 9,166,000 | 9,479,000 | 9,652,000 |
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 | 1,439,000 | 2,994,000 | 4,545,000 | 6,127,000 |
| Interest expense | 513,000 | 1,109,000 | 1,727,000 | 2,359,000 |
| Net interest income | 926,000 | 1,885,000 | 2,818,000 | 3,768,000 |
| Noninterest income | 125,000 | 252,000 | 372,000 | 496,000 |
| Noninterest expense | 566,000 | 1,211,000 | 1,823,000 | 2,545,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 418,000 | 814,000 | 1,210,000 | 1,517,000 |
| Income tax | 155,000 | 305,000 | 455,000 | 605,000 |
| Net income | 263,000 | 509,000 | 755,000 | 912,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,840,000 | 8,402,000 | 8,686,000 | 8,883,000 |
| Total capital | 8,622,000 | 9,213,000 | 9,450,000 | 9,705,000 |
| Risk-weighted assets | 67,638,000 | 65,681,000 | 66,654,000 | 68,287,000 |