Call reports 2011
CORNERSTONE STATE BANK — 2011
What CORNERSTONE STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 118,127,000 | 117,920,000 | 119,545,000 | 116,653,000 |
| Total loans | 83,233,000 | 84,178,000 | 81,380,000 | 83,939,000 |
| Allowance for loan losses | 1,605,000 | 1,630,000 | 1,592,000 | 1,762,000 |
| Securities available for sale | 22,644,000 | 19,465,000 | 24,029,000 | 20,007,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,020,000 | 105,957,000 | 107,345,000 | 104,409,000 |
| Interest-bearing deposits | 95,198,000 | 81,256,000 | 95,713,000 | 92,155,000 |
| Noninterest-bearing deposits | 10,822,000 | 24,701,000 | 11,632,000 | 12,254,000 |
| Equity capital | 10,960,000 | 11,247,000 | 11,691,000 | 11,857,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,466,000 | 2,952,000 | 4,404,000 | 5,876,000 |
| Interest expense | 260,000 | 522,000 | 766,000 | 990,000 |
| Net interest income | 1,206,000 | 2,430,000 | 3,638,000 | 4,886,000 |
| Noninterest income | 138,000 | 300,000 | 294,000 | 471,000 |
| Noninterest expense | 808,000 | 1,755,000 | 2,526,000 | 3,358,000 |
| Provision for loan losses | 120,000 | 300,000 | 480,000 | 860,000 |
| Pretax income | 421,000 | 730,000 | 981,000 | 1,481,000 |
| Income tax | 150,000 | 300,000 | 450,000 | 600,000 |
| Net income | 271,000 | 430,000 | 531,000 | 881,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,313,000 | 10,488,000 | 10,608,000 | 10,973,000 |
| Total capital | 11,545,000 | 11,728,000 | 11,830,000 | 12,241,000 |
| Risk-weighted assets | 97,462,000 | 98,850,000 | 97,429,000 | 100,883,000 |