Call reports 2010
CORNERSTONE BANK — 2010
What CORNERSTONE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 189,930,000 | 181,934,000 | 168,717,000 | 166,829,000 |
| Total loans | 123,003,000 | 121,691,000 | 110,076,000 | 104,499,000 |
| Allowance for loan losses | 3,039,000 | 4,918,000 | 4,800,000 | 4,393,000 |
| Securities available for sale | 32,914,000 | 27,112,000 | 29,190,000 | 29,696,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,106,000 | 154,545,000 | 146,045,000 | 145,939,000 |
| Interest-bearing deposits | 145,945,000 | 142,698,000 | 136,306,000 | 134,406,000 |
| Noninterest-bearing deposits | 11,161,000 | 11,847,000 | 9,739,000 | 11,533,000 |
| Equity capital | 12,554,000 | 10,192,000 | 5,492,000 | 4,637,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,018,000 | 3,946,000 | 5,898,000 | 7,596,000 |
| Interest expense | 844,000 | 1,645,000 | 2,395,000 | 3,116,000 |
| Net interest income | 1,174,000 | 2,301,000 | 3,503,000 | 4,480,000 |
| Noninterest income | 226,000 | 42,000 | 280,000 | 448,000 |
| Noninterest expense | 1,396,000 | 2,615,000 | 3,847,000 | 5,182,000 |
| Provision for loan losses | 220,000 | 2,486,000 | 7,504,000 | 7,504,000 |
| Pretax income | -213,000 | -2,461,000 | -7,271,000 | -7,439,000 |
| Income tax | 0 | 0 | -15,000 | 244,000 |
| Net income | -213,000 | -2,461,000 | -7,256,000 | -7,683,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,849,000 | 9,560,000 | 4,763,000 | 4,351,000 |
| Total capital | 13,623,000 | 11,310,000 | 6,341,000 | 5,878,000 |
| Risk-weighted assets | 140,830,000 | 137,224,000 | 123,047,000 | 119,297,000 |