Call reports 2007
FIRST CORNERSTONE BANK — 2007
What FIRST CORNERSTONE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 169,593,000 | 170,336,000 | 178,337,000 | 181,661,000 |
| Total loans | 136,709,000 | 137,970,000 | 145,949,000 | 153,228,000 |
| Allowance for loan losses | 1,188,000 | 1,199,000 | 1,227,000 | 1,260,000 |
| Securities available for sale | 20,802,000 | 20,011,000 | 19,541,000 | 20,170,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 139,004,000 | 139,788,000 | 144,893,000 | 147,930,000 |
| Interest-bearing deposits | 132,225,000 | 133,077,000 | 135,228,000 | 141,098,000 |
| Noninterest-bearing deposits | 6,780,000 | 6,711,000 | 9,665,000 | 6,832,000 |
| Equity capital | 11,256,000 | 11,188,000 | 13,951,000 | 14,102,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,640,000 | 5,426,000 | 8,333,000 | 11,431,000 |
| Interest expense | 1,802,000 | 3,734,000 | 5,688,000 | 7,708,000 |
| Net interest income | 838,000 | 1,692,000 | 2,645,000 | 3,723,000 |
| Noninterest income | 19,000 | 50,000 | 80,000 | 106,000 |
| Noninterest expense | 835,000 | 1,659,000 | 2,615,000 | 3,595,000 |
| Provision for loan losses | 20,000 | 31,000 | 59,000 | 92,000 |
| Pretax income | 2,000 | 52,000 | 51,000 | 142,000 |
| Income tax | 0 | 18,000 | 17,000 | 48,000 |
| Net income | 2,000 | 34,000 | 34,000 | 94,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,221,000 | 11,366,000 | 13,977,000 | 13,951,000 |
| Total capital | 12,409,000 | 12,565,000 | 15,204,000 | 15,211,000 |
| Risk-weighted assets | 125,558,000 | 127,729,000 | 135,511,000 | 141,599,000 |