Call reports 2003
FIRST CORNERSTONE BANK — 2003
What FIRST CORNERSTONE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 64,128,000 | 70,941,000 | 75,250,000 | 75,405,000 |
| Total loans | 41,792,000 | 46,586,000 | 54,091,000 | 55,429,000 |
| Allowance for loan losses | 632,000 | 680,000 | 750,000 | 768,000 |
| Securities available for sale | 19,401,000 | 18,410,000 | 16,012,000 | 17,275,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,205,000 | 60,177,000 | 64,626,000 | 64,718,000 |
| Interest-bearing deposits | 50,042,000 | 56,414,000 | 60,291,000 | 60,264,000 |
| Noninterest-bearing deposits | 3,163,000 | 3,763,000 | 4,335,000 | 4,454,000 |
| Equity capital | 10,105,000 | 10,062,000 | 9,786,000 | 9,907,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 918,000 | 1,883,000 | 2,875,000 | 3,902,000 |
| Interest expense | 439,000 | 882,000 | 1,317,000 | 1,750,000 |
| Net interest income | 479,000 | 1,001,000 | 1,558,000 | 2,152,000 |
| Noninterest income | 7,000 | 17,000 | 25,000 | 35,000 |
| Noninterest expense | 469,000 | 963,000 | 1,488,000 | 1,993,000 |
| Provision for loan losses | 35,000 | 83,000 | 153,000 | 170,000 |
| Pretax income | -18,000 | -28,000 | -12,000 | 70,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -18,000 | -28,000 | -12,000 | 70,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,893,000 | 9,883,000 | 9,899,000 | 9,981,000 |
| Total capital | 10,433,000 | 10,483,000 | 10,553,000 | 10,647,000 |
| Risk-weighted assets | 43,076,000 | 47,921,000 | 52,204,000 | 53,185,000 |