Call reports 2011
CORNERSTONE BANK — 2011
What CORNERSTONE BANK 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 | 161,194,000 | 156,390,000 | 152,081,000 | 149,061,000 |
| Total loans | 96,507,000 | 92,131,000 | 88,934,000 | 82,247,000 |
| Allowance for loan losses | 4,192,000 | 3,999,000 | 4,030,000 | 3,670,000 |
| Securities available for sale | 32,829,000 | 34,967,000 | 33,710,000 | 35,707,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,273,000 | 136,695,000 | 132,462,000 | 129,887,000 |
| Interest-bearing deposits | 130,187,000 | 127,986,000 | 122,401,000 | 116,515,000 |
| Noninterest-bearing deposits | 11,086,000 | 8,709,000 | 10,061,000 | 13,372,000 |
| Equity capital | 4,485,000 | 4,259,000 | 4,072,000 | 3,895,000 |
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 | 1,582,000 | 3,164,000 | 4,598,000 | 5,981,000 |
| Interest expense | 664,000 | 1,310,000 | 1,915,000 | 2,452,000 |
| Net interest income | 918,000 | 1,854,000 | 2,683,000 | 3,529,000 |
| Noninterest income | 143,000 | 134,000 | 145,000 | 267,000 |
| Noninterest expense | 1,205,000 | 2,406,000 | 3,472,000 | 4,554,000 |
| Provision for loan losses | 20,000 | 578,000 | 608,000 | 567,000 |
| Pretax income | -164,000 | -996,000 | -739,000 | -650,000 |
| Income tax | -5,000 | -239,000 | -56,000 | 46,000 |
| Net income | -159,000 | -757,000 | -683,000 | -696,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,192,000 | 3,594,000 | 3,665,000 | 3,650,000 |
| Total capital | 5,615,000 | 4,951,000 | 4,941,000 | 4,830,000 |
| Risk-weighted assets | 110,353,000 | 105,150,000 | 98,845,000 | 92,041,000 |