Call reports 2009
CORNERSTONE STATE BANK — 2009
What CORNERSTONE STATE BANK 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 | 96,344,000 | 99,595,000 | 101,668,000 | 110,341,000 |
| Total loans | 75,405,000 | 76,777,000 | 79,228,000 | 83,722,000 |
| Allowance for loan losses | 755,000 | 751,000 | 648,000 | 848,000 |
| Securities available for sale | 7,182,000 | 9,588,000 | 9,400,000 | 13,031,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,286,000 | 87,982,000 | 89,826,000 | 97,278,000 |
| Interest-bearing deposits | 74,108,000 | 77,114,000 | 79,173,000 | 87,177,000 |
| Noninterest-bearing deposits | 10,178,000 | 10,868,000 | 10,653,000 | 10,101,000 |
| Equity capital | 10,377,000 | 10,556,000 | 10,757,000 | 10,753,000 |
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 | 1,382,000 | 2,807,000 | 4,245,000 | 5,721,000 |
| Interest expense | 434,000 | 817,000 | 1,198,000 | 1,590,000 |
| Net interest income | 948,000 | 1,990,000 | 3,047,000 | 4,131,000 |
| Noninterest income | 142,000 | 245,000 | 340,000 | 469,000 |
| Noninterest expense | 647,000 | 1,426,000 | 2,216,000 | 3,094,000 |
| Provision for loan losses | 60,000 | 120,000 | 240,000 | 450,000 |
| Pretax income | 383,000 | 689,000 | 931,000 | 1,056,000 |
| Income tax | 126,000 | 252,000 | 348,000 | 404,000 |
| Net income | 257,000 | 437,000 | 583,000 | 652,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,647,000 | 9,844,000 | 10,007,000 | 10,092,000 |
| Total capital | 10,402,000 | 10,595,000 | 10,655,000 | 10,940,000 |
| Risk-weighted assets | 77,720,000 | 80,022,000 | 83,940,000 | 89,919,000 |