Call reports 2010
CORNERSTONE STATE BANK — 2010
What CORNERSTONE STATE BANK 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 | 116,348,000 | 119,405,000 | 121,368,000 | 120,477,000 |
| Total loans | 80,879,000 | 81,925,000 | 83,534,000 | 83,069,000 |
| Allowance for loan losses | 848,000 | 898,000 | 1,017,000 | 1,487,000 |
| Securities available for sale | 13,515,000 | 21,879,000 | 23,207,000 | 20,765,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,183,000 | 107,400,000 | 108,460,000 | 108,635,000 |
| Interest-bearing deposits | 94,377,000 | 96,244,000 | 97,554,000 | 97,524,000 |
| Noninterest-bearing deposits | 10,806,000 | 11,156,000 | 10,906,000 | 11,111,000 |
| Equity capital | 10,586,000 | 11,218,000 | 11,871,000 | 11,179,000 |
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 | 1,449,000 | 2,951,000 | 4,514,000 | 6,111,000 |
| Interest expense | 370,000 | 728,000 | 1,080,000 | 1,385,000 |
| Net interest income | 1,079,000 | 2,223,000 | 3,434,000 | 4,726,000 |
| Noninterest income | 153,000 | 298,000 | 434,000 | 474,000 |
| Noninterest expense | 837,000 | 1,552,000 | 2,330,000 | 3,175,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 955,000 |
| Pretax income | 305,000 | 897,000 | 1,377,000 | 1,244,000 |
| Income tax | 122,000 | 257,000 | 392,000 | 527,000 |
| Net income | 183,000 | 640,000 | 985,000 | 717,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,943,000 | 10,417,000 | 10,778,000 | 10,526,000 |
| Total capital | 10,791,000 | 11,315,000 | 11,795,000 | 11,744,000 |
| Risk-weighted assets | 88,314,000 | 90,665,000 | 93,545,000 | 96,392,000 |