Call reports 2005
CORNERSTONE BANK, THE — 2005
What CORNERSTONE BANK, THE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 105,080,000 | 102,146,000 | 102,003,000 | 101,451,000 |
| Total loans | 73,635,000 | 74,027,000 | 72,344,000 | 72,789,000 |
| Allowance for loan losses | 756,000 | 1,447,000 | 1,378,000 | 1,316,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 20,427,000 | 22,933,000 | 20,900,000 | 20,845,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,453,000 | 89,669,000 | 89,084,000 | 88,927,000 |
| Interest-bearing deposits | 71,636,000 | 71,140,000 | 71,997,000 | 71,274,000 |
| Noninterest-bearing deposits | 20,817,000 | 18,529,000 | 17,087,000 | 17,653,000 |
| Equity capital | 12,165,000 | 11,735,000 | 12,066,000 | 12,203,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,844,000 | 3,651,000 | 5,270,000 | 7,038,000 |
| Interest expense | 426,000 | 909,000 | 1,438,000 | 2,010,000 |
| Net interest income | 1,418,000 | 2,742,000 | 3,832,000 | 5,028,000 |
| Noninterest income | 160,000 | 333,000 | 535,000 | 746,000 |
| Noninterest expense | 907,000 | 1,713,000 | 2,652,000 | 3,890,000 |
| Provision for loan losses | 0 | 871,000 | 871,000 | 903,000 |
| Pretax income | 403,000 | 223,000 | 554,000 | 691,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 403,000 | 223,000 | 554,000 | 691,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,165,000 | 11,735,000 | 12,066,000 | 12,203,000 |
| Total capital | 12,921,000 | 12,600,000 | 12,922,000 | 13,061,000 |
| Risk-weighted assets | 69,633,000 | 68,633,000 | 67,968,000 | 68,133,000 |