Call reports 2004
CORNERBANK — 2004
What CORNERBANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 204,367,000 | 209,039,000 | 205,669,000 | 218,500,000 |
| Total loans | 127,638,000 | 136,786,000 | 137,971,000 | 143,966,000 |
| Allowance for loan losses | 2,088,000 | 2,183,000 | 2,140,000 | 2,044,000 |
| Securities available for sale | 63,501,000 | 58,563,000 | 55,312,000 | 61,176,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,696,000 | 183,519,000 | 172,892,000 | 174,182,000 |
| Interest-bearing deposits | 165,864,000 | 168,145,000 | 156,816,000 | 156,388,000 |
| Noninterest-bearing deposits | 14,832,000 | 15,374,000 | 16,076,000 | 17,794,000 |
| Equity capital | 15,744,000 | 15,075,000 | 15,989,000 | 15,858,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,453,000 | 5,078,000 | 7,702,000 | 10,401,000 |
| Interest expense | 662,000 | 1,329,000 | 2,000,000 | 2,719,000 |
| Net interest income | 1,791,000 | 3,749,000 | 5,702,000 | 7,682,000 |
| Noninterest income | 702,000 | 1,419,000 | 2,015,000 | 2,687,000 |
| Noninterest expense | 1,803,000 | 3,797,000 | 5,735,000 | 7,949,000 |
| Provision for loan losses | 115,000 | 230,000 | 255,000 | 288,000 |
| Pretax income | 550,000 | 1,068,000 | 1,673,000 | 2,074,000 |
| Income tax | 164,000 | 200,000 | 409,000 | 473,000 |
| Net income | 386,000 | 868,000 | 1,264,000 | 1,601,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,102,000 | 15,323,000 | 15,733,000 | 15,726,000 |
| Total capital | 16,931,000 | 17,285,000 | 17,680,000 | 17,768,000 |
| Risk-weighted assets | 146,092,000 | 156,718,000 | 155,591,000 | 163,365,000 |