Call reports 2001
CORNERSTONE BANK, THE — 2001
What CORNERSTONE BANK, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 86,399,000 | 87,972,000 | 90,671,000 | 92,813,000 |
| Total loans | 66,378,000 | 67,126,000 | 68,157,000 | 71,364,000 |
| Allowance for loan losses | 710,000 | 611,000 | 683,000 | 799,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 12,697,000 | 12,714,000 | 14,534,000 | 14,560,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,189,000 | 73,780,000 | 75,993,000 | 79,388,000 |
| Interest-bearing deposits | 59,737,000 | 61,394,000 | 63,547,000 | 66,303,000 |
| Noninterest-bearing deposits | 12,452,000 | 12,386,000 | 12,446,000 | 13,085,000 |
| Equity capital | 13,350,000 | 13,045,000 | 13,292,000 | 12,892,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,888,000 | 3,826,000 | 5,750,000 | 7,708,000 |
| Interest expense | 854,000 | 1,699,000 | 2,518,000 | 3,224,000 |
| Net interest income | 1,034,000 | 2,127,000 | 3,232,000 | 4,484,000 |
| Noninterest income | 132,000 | 305,000 | 528,000 | 663,000 |
| Noninterest expense | 675,000 | 1,446,000 | 2,127,000 | 3,064,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | 491,000 | 986,000 | 1,633,000 | 1,983,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 491,000 | 986,000 | 1,633,000 | 1,983,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,350,000 | 13,045,000 | 13,292,000 | 12,892,000 |
| Total capital | 14,060,000 | 13,656,000 | 13,975,000 | 13,683,000 |
| Risk-weighted assets | 58,518,000 | 60,166,000 | 60,789,000 | 63,261,000 |