Call reports 2004
FIRST CORNERSTONE BANK — 2004
What FIRST CORNERSTONE BANK 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 | 92,467,000 | 91,631,000 | 104,679,000 | 107,446,000 |
| Total loans | 60,756,000 | 64,740,000 | 67,722,000 | 74,319,000 |
| Allowance for loan losses | 794,000 | 821,000 | 836,000 | 871,000 |
| Securities available for sale | 24,798,000 | 22,125,000 | 31,057,000 | 27,341,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,411,000 | 70,977,000 | 83,477,000 | 86,320,000 |
| Interest-bearing deposits | 65,374,000 | 66,560,000 | 77,320,000 | 81,058,000 |
| Noninterest-bearing deposits | 6,037,000 | 4,417,000 | 6,157,000 | 5,262,000 |
| Equity capital | 10,225,000 | 9,792,000 | 10,246,000 | 10,260,000 |
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 | 1,118,000 | 2,330,000 | 3,632,000 | 5,064,000 |
| Interest expense | 466,000 | 972,000 | 1,561,000 | 2,200,000 |
| Net interest income | 652,000 | 1,358,000 | 2,071,000 | 2,864,000 |
| Noninterest income | 9,000 | 17,000 | 23,000 | 26,000 |
| Noninterest expense | 533,000 | 1,111,000 | 1,733,000 | 2,406,000 |
| Provision for loan losses | 27,000 | 54,000 | 69,000 | 104,000 |
| Pretax income | 101,000 | 210,000 | 292,000 | 380,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 101,000 | 210,000 | 292,000 | 380,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,082,000 | 10,191,000 | 10,273,000 | 10,368,000 |
| Total capital | 10,831,000 | 10,968,000 | 11,104,000 | 11,239,000 |
| Risk-weighted assets | 59,867,000 | 62,085,000 | 66,485,000 | 71,470,000 |