Call reports 2005
CORNERSTONE BANK — 2005
What CORNERSTONE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 154,091,000 | 146,161,000 | 149,867,000 | 154,107,000 |
| Total loans | 80,189,000 | 85,092,000 | 89,037,000 | 92,160,000 |
| Allowance for loan losses | 1,056,000 | 1,181,000 | 902,000 | 948,000 |
| Securities available for sale | 6,293,000 | 6,382,000 | 6,326,000 | 7,893,000 |
| Securities held to maturity | 37,956,000 | 37,856,000 | 36,651,000 | 36,115,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,298,000 | 117,493,000 | 121,298,000 | 125,678,000 |
| Interest-bearing deposits | 103,924,000 | 95,890,000 | 102,898,000 | 100,584,000 |
| Noninterest-bearing deposits | 25,374,000 | 21,603,000 | 18,400,000 | 25,094,000 |
| Equity capital | 14,562,000 | 14,722,000 | 14,813,000 | 14,951,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,655,000 | 3,484,000 | 5,404,000 | 7,475,000 |
| Interest expense | 537,000 | 1,200,000 | 1,964,000 | 2,796,000 |
| Net interest income | 1,118,000 | 2,284,000 | 3,440,000 | 4,679,000 |
| Noninterest income | 30,000 | 81,000 | 144,000 | 144,000 |
| Noninterest expense | 891,000 | 1,816,000 | 2,789,000 | 3,711,000 |
| Provision for loan losses | 51,000 | 161,000 | 193,000 | 243,000 |
| Pretax income | 206,000 | 388,000 | 602,000 | 869,000 |
| Income tax | 83,000 | 157,000 | 244,000 | 352,000 |
| Net income | 123,000 | 231,000 | 358,000 | 517,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,654,000 | 14,762,000 | 14,889,000 | 15,048,000 |
| Total capital | 15,710,000 | 15,943,000 | 15,791,000 | 15,996,000 |
| Risk-weighted assets | 97,448,000 | 100,592,000 | 103,847,000 | 110,230,000 |