Call reports 2004
CORNERSTONE BANK, THE — 2004
What CORNERSTONE BANK, THE reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 101,345,000 | 100,353,000 | 104,290,000 | 102,625,000 |
| Total loans | 77,120,000 | 76,206,000 | 76,078,000 | 75,446,000 |
| Allowance for loan losses | 1,151,000 | 1,073,000 | 1,077,000 | 1,082,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 19,292,000 | 18,365,000 | 18,770,000 | 18,778,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,698,000 | 87,487,000 | 91,128,000 | 90,192,000 |
| Interest-bearing deposits | 76,008,000 | 75,365,000 | 73,245,000 | 71,349,000 |
| Noninterest-bearing deposits | 12,690,000 | 12,122,000 | 17,883,000 | 18,843,000 |
| Equity capital | 12,147,000 | 12,165,000 | 12,257,000 | 12,212,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,859,000 | 3,752,000 | 5,560,000 | 7,450,000 |
| Interest expense | 452,000 | 889,000 | 1,316,000 | 1,730,000 |
| Net interest income | 1,407,000 | 2,863,000 | 4,244,000 | 5,720,000 |
| Noninterest income | 202,000 | 387,000 | 587,000 | 764,000 |
| Noninterest expense | 799,000 | 1,622,000 | 2,461,000 | 3,659,000 |
| Provision for loan losses | 0 | 250,000 | 250,000 | 250,000 |
| Pretax income | 810,000 | 1,378,000 | 2,120,000 | 2,575,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 810,000 | 1,378,000 | 2,120,000 | 2,575,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,147,000 | 12,165,000 | 12,257,000 | 12,212,000 |
| Total capital | 13,036,000 | 13,038,000 | 13,138,000 | 13,091,000 |
| Risk-weighted assets | 70,818,000 | 69,604,000 | 70,300,000 | 70,058,000 |