Call reports 2009
CORNERSTONE NATIONAL BANK & TRUST COMPANY — 2009
What CORNERSTONE NATIONAL BANK & TRUST COMPANY 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 | 409,320,000 | 407,468,000 | 402,006,000 | 397,817,000 |
| Total loans | 332,302,000 | 319,554,000 | 314,640,000 | 316,743,000 |
| Allowance for loan losses | 4,432,000 | 4,720,000 | 4,423,000 | 4,194,000 |
| Securities available for sale | 21,923,000 | 31,798,000 | 34,108,000 | 25,588,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 357,424,000 | 357,442,000 | 352,974,000 | 349,177,000 |
| Interest-bearing deposits | 315,660,000 | 312,077,000 | 312,272,000 | 300,017,000 |
| Noninterest-bearing deposits | 41,764,000 | 45,365,000 | 40,702,000 | 49,160,000 |
| Equity capital | 40,418,000 | 40,294,000 | 40,267,000 | 40,358,000 |
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 | 4,535,000 | 9,145,000 | 13,670,000 | 18,188,000 |
| Interest expense | 1,851,000 | 3,575,000 | 5,138,000 | 6,484,000 |
| Net interest income | 2,684,000 | 5,570,000 | 8,532,000 | 11,704,000 |
| Noninterest income | 387,000 | 871,000 | 1,325,000 | 1,791,000 |
| Noninterest expense | 2,437,000 | 5,012,000 | 7,458,000 | 9,777,000 |
| Provision for loan losses | 625,000 | 1,250,000 | 2,175,000 | 3,135,000 |
| Pretax income | 9,000 | 179,000 | 224,000 | 583,000 |
| Income tax | -5,000 | 52,000 | 58,000 | 190,000 |
| Net income | 14,000 | 127,000 | 166,000 | 393,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,265,000 | 40,177,000 | 40,016,000 | 40,243,000 |
| Total capital | 44,697,000 | 44,563,000 | 44,413,000 | 44,437,000 |
| Risk-weighted assets | 360,530,000 | 350,532,000 | 351,636,000 | 350,115,000 |