Call reports 2006
CORNERSTONE BANK, THE — 2006
What CORNERSTONE BANK, THE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 105,229,000 | 101,204,000 | 106,263,000 | 106,112,000 |
| Total loans | 72,665,000 | 72,718,000 | 75,234,000 | 75,972,000 |
| Allowance for loan losses | 1,280,000 | 1,224,000 | 1,216,000 | 1,172,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 20,783,000 | 20,706,000 | 19,560,000 | 20,144,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,898,000 | 87,345,000 | 92,122,000 | 92,834,000 |
| Interest-bearing deposits | 75,527,000 | 61,621,000 | 78,505,000 | 78,875,000 |
| Noninterest-bearing deposits | 16,371,000 | 25,724,000 | 13,617,000 | 13,959,000 |
| Equity capital | 12,494,000 | 12,764,000 | 12,827,000 | 12,760,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,864,000 | 3,784,000 | 5,630,000 | 7,656,000 |
| Interest expense | 645,000 | 1,338,000 | 2,161,000 | 3,058,000 |
| Net interest income | 1,219,000 | 2,446,000 | 3,469,000 | 4,598,000 |
| Noninterest income | 204,000 | 423,000 | 625,000 | 795,000 |
| Noninterest expense | 860,000 | 1,811,000 | 2,743,000 | 3,831,000 |
| Provision for loan losses | 80,000 | 105,000 | 135,000 | 205,000 |
| Pretax income | 483,000 | 953,000 | 1,216,000 | 1,357,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 483,000 | 953,000 | 1,216,000 | 1,357,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,494,000 | 12,764,000 | 12,827,000 | 12,760,000 |
| Total capital | 13,360,000 | 13,600,000 | 13,695,000 | 13,623,000 |
| Risk-weighted assets | 68,845,000 | 66,467,000 | 69,075,000 | 68,765,000 |