Call reports 2006
FIRST CORNERSTONE BANK — 2006
What FIRST CORNERSTONE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 148,197,000 | 161,581,000 | 168,027,000 | 166,125,000 |
| Total loans | 120,014,000 | 131,669,000 | 133,867,000 | 132,780,000 |
| Allowance for loan losses | 1,086,000 | 1,145,000 | 1,163,000 | 1,170,000 |
| Securities available for sale | 22,302,000 | 21,248,000 | 25,722,000 | 20,365,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 124,683,000 | 135,572,000 | 137,591,000 | 135,444,000 |
| Interest-bearing deposits | 117,991,000 | 128,185,000 | 131,231,000 | 130,361,000 |
| Noninterest-bearing deposits | 6,692,000 | 7,387,000 | 6,360,000 | 5,083,000 |
| Equity capital | 10,834,000 | 10,773,000 | 11,070,000 | 11,255,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 2,271,000 | 4,876,000 | 7,618,000 | 10,371,000 |
| Interest expense | 1,279,000 | 2,829,000 | 4,555,000 | 6,374,000 |
| Net interest income | 992,000 | 2,047,000 | 3,063,000 | 3,997,000 |
| Noninterest income | 12,000 | 22,000 | 35,000 | 55,000 |
| Noninterest expense | 844,000 | 1,673,000 | 2,501,000 | 3,379,000 |
| Provision for loan losses | 63,000 | 122,000 | 140,000 | 151,000 |
| Pretax income | 97,000 | 274,000 | 457,000 | 522,000 |
| Income tax | 33,000 | 93,000 | 155,000 | 177,000 |
| Net income | 64,000 | 181,000 | 302,000 | 345,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,933,000 | 11,157,000 | 11,529,000 | 11,364,000 |
| Total capital | 12,019,000 | 12,302,000 | 12,692,000 | 12,534,000 |
| Risk-weighted assets | 109,639,000 | 120,484,000 | 121,766,000 | 121,644,000 |