Call reports 2010
FIRST CORNERSTONE BANK — 2010
What FIRST CORNERSTONE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 221,405,000 | 221,843,000 | 207,709,000 | 187,436,000 |
| Total loans | 170,784,000 | 168,620,000 | 154,795,000 | 131,318,000 |
| Allowance for loan losses | 2,491,000 | 2,386,000 | 2,063,000 | 1,844,000 |
| Securities available for sale | 10,851,000 | 14,994,000 | 14,001,000 | 19,276,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 189,793,000 | 187,133,000 | 175,802,000 | 158,818,000 |
| Interest-bearing deposits | 183,842,000 | 180,819,000 | 169,096,000 | 152,695,000 |
| Noninterest-bearing deposits | 5,951,000 | 6,314,000 | 6,706,000 | 6,123,000 |
| Equity capital | 11,590,000 | 14,640,000 | 14,383,000 | 13,238,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,734,000 | 5,534,000 | 8,095,000 | 10,315,000 |
| Interest expense | 1,427,000 | 2,722,000 | 3,928,000 | 5,002,000 |
| Net interest income | 1,307,000 | 2,812,000 | 4,167,000 | 5,313,000 |
| Noninterest income | 15,000 | 74,000 | -350,000 | -676,000 |
| Noninterest expense | 1,452,000 | 2,972,000 | 4,600,000 | 6,255,000 |
| Provision for loan losses | 100,000 | 500,000 | 613,000 | 837,000 |
| Pretax income | -230,000 | -586,000 | -1,116,000 | -2,078,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -230,000 | -586,000 | -1,116,000 | -2,078,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,258,000 | 14,261,000 | 14,258,000 | 13,039,000 |
| Total capital | 13,284,000 | 16,270,000 | 16,145,000 | 14,663,000 |
| Risk-weighted assets | 161,652,000 | 160,341,000 | 150,781,000 | 129,720,000 |