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 | 125,913,000 | 127,521,000 | 141,880,000 | 152,615,000 |
| Total loans | 91,898,000 | 92,332,000 | 106,884,000 | 114,468,000 |
| Allowance for loan losses | 1,324,000 | 1,410,000 | 1,627,000 | 1,775,000 |
| Securities available for sale | 11,542,000 | 12,367,000 | 14,485,000 | 13,441,000 |
| Securities held to maturity | 2,334,000 | 2,885,000 | 5,869,000 | 6,083,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,489,000 | 115,759,000 | 117,862,000 | 127,635,000 |
| Interest-bearing deposits | 91,644,000 | 92,335,000 | 101,524,000 | 115,922,000 |
| Noninterest-bearing deposits | 22,845,000 | 23,424,000 | 16,338,000 | 11,713,000 |
| Equity capital | 9,617,000 | 9,983,000 | 15,219,000 | 15,380,000 |
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 | 1,593,000 | 3,300,000 | 5,299,000 | 7,625,000 |
| Interest expense | 552,000 | 1,156,000 | 1,916,000 | 2,930,000 |
| Net interest income | 1,041,000 | 2,144,000 | 3,383,000 | 4,695,000 |
| Noninterest income | 217,000 | 429,000 | 630,000 | 887,000 |
| Noninterest expense | 632,000 | 1,351,000 | 2,121,000 | 2,989,000 |
| Provision for loan losses | 113,000 | 198,000 | 415,000 | 658,000 |
| Pretax income | 513,000 | 1,024,000 | 1,477,000 | 1,935,000 |
| Income tax | 201,000 | 377,000 | 513,000 | 609,000 |
| Net income | 312,000 | 647,000 | 964,000 | 1,326,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,682,000 | 10,018,000 | 15,286,000 | 15,538,000 |
| Total capital | 10,804,000 | 11,139,000 | 16,575,000 | 16,942,000 |
| Risk-weighted assets | 89,583,000 | 89,404,000 | 102,812,000 | 111,928,000 |