Call reports 2010
CORNERSTONE BANK, THE — 2010
What CORNERSTONE BANK, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 130,312,000 | 129,324,000 | 128,684,000 | 128,531,000 |
| Total loans | 92,282,000 | 90,945,000 | 91,256,000 | 92,181,000 |
| Allowance for loan losses | 930,000 | 1,415,000 | 1,121,000 | 1,744,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 23,461,000 | 25,653,000 | 26,583,000 | 26,819,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 115,794,000 | 114,976,000 | 113,731,000 | 115,794,000 |
| Interest-bearing deposits | 102,685,000 | 102,437,000 | 101,290,000 | 102,749,000 |
| Noninterest-bearing deposits | 13,109,000 | 12,539,000 | 12,441,000 | 13,045,000 |
| Equity capital | 13,890,000 | 13,462,000 | 13,802,000 | 12,197,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,981,000 | 4,083,000 | 6,234,000 | 8,292,000 |
| Interest expense | 632,000 | 1,243,000 | 1,824,000 | 2,372,000 |
| Net interest income | 1,349,000 | 2,840,000 | 4,410,000 | 5,920,000 |
| Noninterest income | 171,000 | 354,000 | 526,000 | 686,000 |
| Noninterest expense | 1,193,000 | 2,585,000 | 3,727,000 | 5,820,000 |
| Provision for loan losses | 60,000 | 620,000 | 680,000 | 1,862,000 |
| Pretax income | 267,000 | -11,000 | 529,000 | -1,076,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 267,000 | -11,000 | 529,000 | -1,076,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,890,000 | 13,462,000 | 13,802,000 | 12,197,000 |
| Total capital | 14,820,000 | 14,575,000 | 14,905,000 | 13,324,000 |
| Risk-weighted assets | 87,719,000 | 88,747,000 | 88,223,000 | 89,571,000 |