Call reports 2007
CORNERSTONE BANK, THE — 2007
What CORNERSTONE BANK, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 104,342,000 | 103,071,000 | 105,461,000 | 107,169,000 |
| Total loans | 76,165,000 | 77,652,000 | 79,773,000 | 82,693,000 |
| Allowance for loan losses | 1,187,000 | 1,199,000 | 1,222,000 | 1,042,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 18,643,000 | 18,596,000 | 19,104,000 | 17,637,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,733,000 | 88,867,000 | 90,699,000 | 93,327,000 |
| Interest-bearing deposits | 76,472,000 | 74,036,000 | 76,270,000 | 79,881,000 |
| Noninterest-bearing deposits | 14,261,000 | 14,831,000 | 14,429,000 | 13,446,000 |
| Equity capital | 12,808,000 | 13,044,000 | 13,243,000 | 13,305,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,918,000 | 3,969,000 | 6,061,000 | 8,222,000 |
| Interest expense | 877,000 | 1,768,000 | 2,688,000 | 3,607,000 |
| Net interest income | 1,041,000 | 2,201,000 | 3,373,000 | 4,615,000 |
| Noninterest income | 212,000 | 415,000 | 633,000 | 827,000 |
| Noninterest expense | 950,000 | 1,806,000 | 2,738,000 | 3,887,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 90,000 |
| Pretax income | 273,000 | 750,000 | 1,178,000 | 1,465,000 |
| Income tax | 0 | 16,000 | 20,000 | 20,000 |
| Net income | 273,000 | 734,000 | 1,158,000 | 1,445,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,808,000 | 13,044,000 | 13,243,000 | 13,305,000 |
| Total capital | 13,672,000 | 13,909,000 | 14,128,000 | 14,255,000 |
| Risk-weighted assets | 68,777,000 | 68,915,000 | 70,542,000 | 75,928,000 |