Call reports 2005
FIRST CORNERSTONE BANK — 2005
What FIRST CORNERSTONE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 110,770,000 | 121,539,000 | 129,701,000 | 138,783,000 |
| Total loans | 75,560,000 | 86,222,000 | 95,547,000 | 107,398,000 |
| Allowance for loan losses | 885,000 | 935,000 | 982,000 | 1,023,000 |
| Securities available for sale | 26,577,000 | 29,716,000 | 24,211,000 | 25,430,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,800,000 | 100,350,000 | 108,640,000 | 115,417,000 |
| Interest-bearing deposits | 83,484,000 | 93,284,000 | 100,354,000 | 108,958,000 |
| Noninterest-bearing deposits | 6,316,000 | 7,066,000 | 8,286,000 | 6,459,000 |
| Equity capital | 10,036,000 | 10,294,000 | 10,272,000 | 10,776,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,488,000 | 3,177,000 | 5,055,000 | 7,126,000 |
| Interest expense | 726,000 | 1,547,000 | 2,480,000 | 3,570,000 |
| Net interest income | 762,000 | 1,630,000 | 2,575,000 | 3,556,000 |
| Noninterest income | 10,000 | 19,000 | 29,000 | 40,000 |
| Noninterest expense | 735,000 | 1,510,000 | 2,350,000 | 3,188,000 |
| Provision for loan losses | 14,000 | 64,000 | 111,000 | 168,000 |
| Pretax income | 42,000 | 94,000 | 162,000 | 259,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 42,000 | 94,000 | 162,000 | 885,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,366,000 | 10,442,000 | 10,514,000 | 10,843,000 |
| Total capital | 11,251,000 | 11,377,000 | 11,496,000 | 11,866,000 |
| Risk-weighted assets | 73,300,000 | 82,870,000 | 90,513,000 | 100,511,000 |