Call reports 2011
CORNERSTONE NATIONAL BANK & TRUST COMPANY — 2011
What CORNERSTONE NATIONAL BANK & TRUST COMPANY 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 | 425,370,000 | 405,664,000 | 423,861,000 | 425,995,000 |
| Total loans | 333,450,000 | 331,912,000 | 327,655,000 | 329,745,000 |
| Allowance for loan losses | 5,270,000 | 5,416,000 | 5,888,000 | 5,857,000 |
| Securities available for sale | 21,478,000 | 25,126,000 | 27,120,000 | 28,917,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 375,949,000 | 357,385,000 | 373,626,000 | 374,438,000 |
| Interest-bearing deposits | 315,068,000 | 297,921,000 | 306,489,000 | 306,033,000 |
| Noninterest-bearing deposits | 60,881,000 | 59,463,000 | 67,137,000 | 68,406,000 |
| Equity capital | 41,397,000 | 41,865,000 | 42,348,000 | 42,742,000 |
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 | 4,490,000 | 9,028,000 | 13,455,000 | 17,872,000 |
| Interest expense | 794,000 | 1,562,000 | 2,313,000 | 3,026,000 |
| Net interest income | 3,696,000 | 7,466,000 | 11,142,000 | 14,846,000 |
| Noninterest income | 604,000 | 1,208,000 | 1,894,000 | 3,117,000 |
| Noninterest expense | 2,896,000 | 5,737,000 | 8,617,000 | 11,984,000 |
| Provision for loan losses | 925,000 | 1,900,000 | 2,800,000 | 3,700,000 |
| Pretax income | 479,000 | 1,037,000 | 1,619,000 | 2,282,000 |
| Income tax | 175,000 | 392,000 | 611,000 | 857,000 |
| Net income | 304,000 | 645,000 | 1,008,000 | 1,425,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,349,000 | 41,691,000 | 42,055,000 | 42,472,000 |
| Total capital | 45,817,000 | 46,130,000 | 46,345,000 | 46,848,000 |
| Risk-weighted assets | 356,657,000 | 354,174,000 | 341,567,000 | 348,583,000 |