Call reports 2011
FIRST CORNERSTONE BANK — 2011
What FIRST CORNERSTONE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 180,113,000 | 179,530,000 | 174,306,000 | 160,169,000 |
| Total loans | 126,725,000 | 122,649,000 | 116,336,000 | 111,516,000 |
| Allowance for loan losses | 1,811,000 | 1,930,000 | 1,444,000 | 1,820,000 |
| Securities available for sale | 26,323,000 | 25,560,000 | 30,249,000 | 24,687,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 151,739,000 | 154,190,000 | 155,008,000 | 147,759,000 |
| Interest-bearing deposits | 145,039,000 | 147,797,000 | 147,481,000 | 141,442,000 |
| Noninterest-bearing deposits | 6,701,000 | 6,393,000 | 7,526,000 | 6,317,000 |
| Equity capital | 12,939,000 | 12,536,000 | 11,497,000 | 6,456,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,988,000 | 3,901,000 | 5,727,000 | 7,460,000 |
| Interest expense | 887,000 | 1,691,000 | 2,470,000 | 3,139,000 |
| Net interest income | 1,101,000 | 2,210,000 | 3,257,000 | 4,321,000 |
| Noninterest income | 10,000 | -161,000 | -793,000 | -2,227,000 |
| Noninterest expense | 1,472,000 | 2,833,000 | 4,289,000 | 5,731,000 |
| Provision for loan losses | 0 | 175,000 | 435,000 | 3,240,000 |
| Pretax income | -361,000 | -959,000 | -2,113,000 | -6,623,000 |
| Income tax | 0 | 0 | 0 | 357,000 |
| Net income | -361,000 | -959,000 | -2,113,000 | -6,980,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,636,000 | 12,083,000 | 10,987,000 | 6,317,000 |
| Total capital | 14,217,000 | 13,628,000 | 12,431,000 | 7,722,000 |
| Risk-weighted assets | 126,269,000 | 123,235,000 | 119,531,000 | 111,956,000 |