Call reports 2011
CORNERSTONE BANK — 2011
What CORNERSTONE 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 | 356,208,000 | 374,764,000 | 390,403,000 | 383,455,000 |
| Total loans | 238,002,000 | 237,735,000 | 244,285,000 | 241,917,000 |
| Allowance for loan losses | 2,962,000 | 2,665,000 | 2,848,000 | 4,995,000 |
| Securities available for sale | 44,780,000 | 60,484,000 | 62,081,000 | 83,727,000 |
| Securities held to maturity | 40,158,000 | 33,226,000 | 21,929,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 304,188,000 | 321,181,000 | 329,747,000 | 330,521,000 |
| Interest-bearing deposits | 276,104,000 | 287,972,000 | 301,092,000 | 300,345,000 |
| Noninterest-bearing deposits | 28,084,000 | 33,209,000 | 28,655,000 | 30,176,000 |
| Equity capital | 22,884,000 | 23,291,000 | 25,747,000 | 23,554,000 |
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 | 4,274,000 | 8,422,000 | 12,677,000 | 17,077,000 |
| Interest expense | 1,028,000 | 2,086,000 | 3,122,000 | 4,091,000 |
| Net interest income | 3,246,000 | 6,336,000 | 9,555,000 | 12,986,000 |
| Noninterest income | 293,000 | 444,000 | 592,000 | 807,000 |
| Noninterest expense | 2,355,000 | 4,718,000 | 7,119,000 | 9,652,000 |
| Provision for loan losses | 953,000 | 1,171,000 | 1,379,000 | 6,764,000 |
| Pretax income | 231,000 | 891,000 | 1,693,000 | -1,722,000 |
| Income tax | 79,000 | 329,000 | 635,000 | -740,000 |
| Net income | 152,000 | 562,000 | 1,058,000 | -982,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,785,000 | 24,831,000 | 25,362,000 | 23,257,000 |
| Total capital | 30,747,000 | 30,496,000 | 31,210,000 | 29,893,000 |
| Risk-weighted assets | 275,131,000 | 278,644,000 | 289,053,000 | 289,502,000 |