Call reports 2002
FIRST CORNERSTONE BANK — 2002
What FIRST CORNERSTONE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 41,914,000 | 47,898,000 | 58,308,000 | 61,162,000 |
| Total loans | 26,957,000 | 31,245,000 | 34,847,000 | 38,267,000 |
| Allowance for loan losses | 421,000 | 488,000 | 544,000 | 597,000 |
| Securities available for sale | 9,838,000 | 10,682,000 | 18,596,000 | 19,666,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,493,000 | 42,419,000 | 50,017,000 | 50,338,000 |
| Interest-bearing deposits | 32,552,000 | 37,579,000 | 46,126,000 | 47,015,000 |
| Noninterest-bearing deposits | 3,941,000 | 4,840,000 | 3,891,000 | 3,323,000 |
| Equity capital | 4,977,000 | 4,919,000 | 7,576,000 | 10,154,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 598,000 | 1,302,000 | 2,092,000 | 3,016,000 |
| Interest expense | 321,000 | 692,000 | 1,142,000 | 1,596,000 |
| Net interest income | 277,000 | 610,000 | 950,000 | 1,420,000 |
| Noninterest income | 1,000 | 3,000 | 6,000 | 10,000 |
| Noninterest expense | 421,000 | 861,000 | 1,306,000 | 1,767,000 |
| Provision for loan losses | 50,000 | 117,000 | 173,000 | 226,000 |
| Pretax income | -193,000 | -365,000 | -523,000 | -563,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -193,000 | -365,000 | -523,000 | -563,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,962,000 | 4,791,000 | 7,409,000 | 9,911,000 |
| Total capital | 5,329,000 | 5,206,000 | 7,880,000 | 10,408,000 |
| Risk-weighted assets | 29,338,000 | 33,132,000 | 37,618,000 | 39,643,000 |