Call reports 2009
FIRST CORNERSTONE BANK — 2009
What FIRST CORNERSTONE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 212,391,000 | 218,996,000 | 219,510,000 | 222,950,000 |
| Total loans | 183,566,000 | 186,517,000 | 181,407,000 | 175,071,000 |
| Allowance for loan losses | 1,456,000 | 1,541,000 | 2,368,000 | 2,391,000 |
| Securities available for sale | 15,183,000 | 13,734,000 | 12,548,000 | 11,659,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 169,444,000 | 176,209,000 | 183,612,000 | 188,589,000 |
| Interest-bearing deposits | 162,786,000 | 168,176,000 | 177,069,000 | 182,207,000 |
| Noninterest-bearing deposits | 6,658,000 | 8,033,000 | 6,543,000 | 6,382,000 |
| Equity capital | 16,220,000 | 16,173,000 | 13,315,000 | 11,797,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 3,115,000 | 6,215,000 | 9,084,000 | 12,001,000 |
| Interest expense | 1,877,000 | 3,703,000 | 5,456,000 | 7,087,000 |
| Net interest income | 1,238,000 | 2,512,000 | 3,628,000 | 4,914,000 |
| Noninterest income | 15,000 | 28,000 | 41,000 | 55,000 |
| Noninterest expense | 1,170,000 | 2,388,000 | 3,895,000 | 5,721,000 |
| Provision for loan losses | 50,000 | 135,000 | 2,697,000 | 3,662,000 |
| Pretax income | 33,000 | 17,000 | -2,923,000 | -4,414,000 |
| Income tax | 9,000 | 0 | 0 | 0 |
| Net income | 24,000 | 17,000 | -2,923,000 | -4,414,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,926,000 | 15,920,000 | 12,980,000 | 11,488,000 |
| Total capital | 17,382,000 | 17,461,000 | 15,108,000 | 13,533,000 |
| Risk-weighted assets | 168,056,000 | 173,757,000 | 169,998,000 | 163,220,000 |