Call reports 2009
CORNERSTONE COMMUNITY BANK — 2009
What CORNERSTONE COMMUNITY 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 | 62,964,000 | 65,408,000 | 66,953,000 | 70,632,000 |
| Total loans | 46,900,000 | 49,195,000 | 48,500,000 | 48,447,000 |
| Allowance for loan losses | 778,000 | 770,000 | 801,000 | 843,000 |
| Securities available for sale | 0 | 461,000 | 7,980,000 | 12,762,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,152,000 | 56,604,000 | 58,015,000 | 61,698,000 |
| Interest-bearing deposits | 49,597,000 | 50,885,000 | 51,666,000 | 54,948,000 |
| Noninterest-bearing deposits | 4,555,000 | 5,719,000 | 6,349,000 | 6,749,000 |
| Equity capital | 8,562,000 | 8,566,000 | 8,679,000 | 8,697,000 |
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 | 855,000 | 1,775,000 | 2,732,000 | 3,687,000 |
| Interest expense | 240,000 | 481,000 | 711,000 | 940,000 |
| Net interest income | 615,000 | 1,294,000 | 2,021,000 | 2,747,000 |
| Noninterest income | 33,000 | 82,000 | 202,000 | 280,000 |
| Noninterest expense | 646,000 | 1,358,000 | 2,051,000 | 2,726,000 |
| Provision for loan losses | 43,000 | 80,000 | 160,000 | 225,000 |
| Pretax income | -41,000 | -62,000 | 12,000 | 76,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | -42,000 | -63,000 | 11,000 | 75,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,562,000 | 8,566,000 | 8,665,000 | 8,746,000 |
| Total capital | 9,219,000 | 9,255,000 | 9,326,000 | 9,430,000 |
| Risk-weighted assets | 52,398,000 | 55,016,000 | 52,762,000 | 54,519,000 |