Call reports 2001
CORNERSTONE BANK — 2001
What CORNERSTONE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 34,808,000 | 40,222,000 | 46,557,000 | 54,173,000 |
| Total loans | 21,665,000 | 29,179,000 | 36,052,000 | 38,292,000 |
| Allowance for loan losses | 323,000 | 426,000 | 478,000 | 523,000 |
| Securities available for sale | 4,399,000 | 3,691,000 | 7,109,000 | 7,791,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,315,000 | 34,810,000 | 39,683,000 | 48,885,000 |
| Interest-bearing deposits | 27,448,000 | 32,587,000 | 36,436,000 | 44,262,000 |
| Noninterest-bearing deposits | 1,867,000 | 2,223,000 | 3,247,000 | 4,623,000 |
| Equity capital | 5,365,000 | 5,221,000 | 5,156,000 | 5,078,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 598,000 | 1,274,000 | 2,009,000 | 2,786,000 |
| Interest expense | 354,000 | 753,000 | 1,175,000 | 1,558,000 |
| Net interest income | 244,000 | 521,000 | 834,000 | 1,228,000 |
| Noninterest income | 54,000 | 117,000 | 190,000 | 303,000 |
| Noninterest expense | 365,000 | 739,000 | 1,108,000 | 1,541,000 |
| Provision for loan losses | 79,000 | 184,000 | 294,000 | 367,000 |
| Pretax income | -146,000 | -285,000 | -378,000 | -369,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -146,000 | -285,000 | -378,000 | -369,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,298,000 | 5,159,000 | 5,068,000 | 5,075,000 |
| Total capital | 5,609,000 | 5,564,000 | 5,534,000 | 5,588,000 |
| Risk-weighted assets | 24,891,000 | 32,358,000 | 37,246,000 | 41,034,000 |