Call reports 2002
CORNERSTONE BANK, THE — 2002
What CORNERSTONE BANK, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 92,735,000 | 89,709,000 | 94,825,000 | 93,731,000 |
| Total loans | 71,089,000 | 72,080,000 | 72,969,000 | 73,600,000 |
| Allowance for loan losses | 783,000 | 877,000 | 909,000 | 907,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 15,039,000 | 13,509,000 | 13,468,000 | 14,086,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,100,000 | 75,163,000 | 80,548,000 | 80,560,000 |
| Interest-bearing deposits | 66,537,000 | 63,602,000 | 68,738,000 | 68,257,000 |
| Noninterest-bearing deposits | 12,563,000 | 11,561,000 | 11,810,000 | 12,303,000 |
| Equity capital | 12,990,000 | 12,895,000 | 13,177,000 | 12,813,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,868,000 | 3,700,000 | 5,596,000 | 7,480,000 |
| Interest expense | 613,000 | 1,177,000 | 1,727,000 | 2,281,000 |
| Net interest income | 1,255,000 | 2,523,000 | 3,869,000 | 5,199,000 |
| Noninterest income | 214,000 | 452,000 | 633,000 | 824,000 |
| Noninterest expense | 746,000 | 1,497,000 | 2,142,000 | 3,127,000 |
| Provision for loan losses | 0 | 250,000 | 250,000 | 450,000 |
| Pretax income | 723,000 | 1,228,000 | 2,110,000 | 2,446,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 723,000 | 1,228,000 | 2,110,000 | 2,446,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,990,000 | 12,895,000 | 13,177,000 | 12,813,000 |
| Total capital | 13,773,000 | 13,687,000 | 13,990,000 | 13,635,000 |
| Risk-weighted assets | 63,135,000 | 63,267,000 | 64,948,000 | 65,708,000 |