Call reports 2010
CORNERSTONE COMMUNITY BANK — 2010
What CORNERSTONE COMMUNITY 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 | 72,335,000 | 73,074,000 | 76,582,000 | 76,328,000 |
| Total loans | 48,379,000 | 47,921,000 | 54,856,000 | 55,248,000 |
| Allowance for loan losses | 825,000 | 863,000 | 978,000 | 1,104,000 |
| Securities available for sale | 14,669,000 | 18,828,000 | 14,950,000 | 16,465,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,212,000 | 63,606,000 | 67,114,000 | 67,040,000 |
| Interest-bearing deposits | 59,247,000 | 58,236,000 | 59,537,000 | 56,871,000 |
| Noninterest-bearing deposits | 3,964,000 | 5,370,000 | 7,577,000 | 10,169,000 |
| Equity capital | 8,864,000 | 9,188,000 | 9,218,000 | 8,987,000 |
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 | 944,000 | 1,873,000 | 2,852,000 | 3,893,000 |
| Interest expense | 207,000 | 406,000 | 587,000 | 760,000 |
| Net interest income | 737,000 | 1,467,000 | 2,265,000 | 3,133,000 |
| Noninterest income | 47,000 | 104,000 | 157,000 | 200,000 |
| Noninterest expense | 690,000 | 1,367,000 | 2,079,000 | 2,802,000 |
| Provision for loan losses | 47,000 | 96,000 | 301,000 | 461,000 |
| Pretax income | 47,000 | 108,000 | 199,000 | 324,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 47,000 | 107,000 | 198,000 | 323,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,818,000 | 8,904,000 | 9,023,000 | 9,175,000 |
| Total capital | 9,503,000 | 9,580,000 | 9,771,000 | 9,954,000 |
| Risk-weighted assets | 54,612,000 | 53,859,000 | 59,613,000 | 62,014,000 |