Call reports 2011
CORNERSTONE COMMUNITY BANK — 2011
What CORNERSTONE COMMUNITY 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 | 78,981,000 | 77,904,000 | 81,823,000 | 91,347,000 |
| Total loans | 56,800,000 | 57,980,000 | 60,595,000 | 64,504,000 |
| Allowance for loan losses | 1,099,000 | 1,140,000 | 1,180,000 | 1,270,000 |
| Securities available for sale | 14,677,000 | 14,496,000 | 13,652,000 | 22,173,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,553,000 | 67,755,000 | 71,226,000 | 80,642,000 |
| Interest-bearing deposits | 61,478,000 | 59,499,000 | 61,231,000 | 68,809,000 |
| Noninterest-bearing deposits | 8,075,000 | 8,256,000 | 9,995,000 | 11,833,000 |
| Equity capital | 9,142,000 | 9,657,000 | 10,020,000 | 10,170,000 |
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 | 1,058,000 | 2,147,000 | 3,272,000 | 4,414,000 |
| Interest expense | 162,000 | 328,000 | 489,000 | 656,000 |
| Net interest income | 896,000 | 1,819,000 | 2,783,000 | 3,758,000 |
| Noninterest income | 63,000 | 124,000 | 197,000 | 281,000 |
| Noninterest expense | 801,000 | 1,819,000 | 2,689,000 | 3,583,000 |
| Provision for loan losses | 28,000 | 89,000 | 149,000 | 259,000 |
| Pretax income | 130,000 | 35,000 | 179,000 | 234,000 |
| Income tax | 0 | -283,000 | -316,000 | -469,000 |
| Net income | 130,000 | 318,000 | 495,000 | 703,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,334,000 | 9,223,000 | 9,395,000 | 9,473,000 |
| Total capital | 10,132,000 | 10,038,000 | 10,232,000 | 10,370,000 |
| Risk-weighted assets | 63,539,000 | 64,820,000 | 66,607,000 | 71,404,000 |