Call reports 2009
CORNERSTONE BANK — 2009
What CORNERSTONE BANK 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 | 203,677,000 | 208,163,000 | 199,090,000 | 192,827,000 |
| Total loans | 148,045,000 | 143,509,000 | 136,290,000 | 134,315,000 |
| Allowance for loan losses | 2,696,000 | 2,933,000 | 2,984,000 | 2,886,000 |
| Securities available for sale | 38,364,000 | 36,253,000 | 36,150,000 | 34,303,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 165,627,000 | 170,444,000 | 162,748,000 | 159,683,000 |
| Interest-bearing deposits | 154,382,000 | 155,802,000 | 151,585,000 | 145,672,000 |
| Noninterest-bearing deposits | 11,245,000 | 14,642,000 | 11,163,000 | 14,011,000 |
| Equity capital | 16,765,000 | 15,709,000 | 15,786,000 | 12,777,000 |
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 | 2,491,000 | 5,059,000 | 7,398,000 | 9,612,000 |
| Interest expense | 1,204,000 | 2,336,000 | 3,368,000 | 4,281,000 |
| Net interest income | 1,287,000 | 2,723,000 | 4,030,000 | 5,331,000 |
| Noninterest income | 285,000 | 448,000 | 681,000 | 600,000 |
| Noninterest expense | 1,411,000 | 2,841,000 | 4,325,000 | 5,836,000 |
| Provision for loan losses | 295,000 | 1,808,000 | 2,486,000 | 4,913,000 |
| Pretax income | -134,000 | -1,478,000 | -2,100,000 | -4,818,000 |
| Income tax | -99,000 | -449,000 | -741,000 | -651,000 |
| Net income | -35,000 | -1,029,000 | -1,359,000 | -4,167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,388,000 | 14,504,000 | 14,435,000 | 12,135,000 |
| Total capital | 18,436,000 | 16,457,000 | 16,365,000 | 14,026,000 |
| Risk-weighted assets | 163,217,000 | 159,490,000 | 153,331,000 | 150,302,000 |