Call reports 2011
CORNERSTONE BANK, THE — 2011
What CORNERSTONE BANK, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 132,714,000 | 131,421,000 | 132,077,000 | 128,707,000 |
| Total loans | 90,428,000 | 90,379,000 | 89,011,000 | 85,138,000 |
| Allowance for loan losses | 1,901,000 | 1,836,000 | 1,854,000 | 1,730,000 |
| Securities available for sale | 25,023,000 | 29,466,000 | 30,955,000 | 28,575,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,696,000 | 117,814,000 | 117,832,000 | 115,659,000 |
| Interest-bearing deposits | 105,275,000 | 103,570,000 | 102,464,000 | 99,335,000 |
| Noninterest-bearing deposits | 14,421,000 | 14,244,000 | 15,368,000 | 16,324,000 |
| Equity capital | 12,498,000 | 12,822,000 | 13,443,000 | 12,875,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,050,000 | 4,135,000 | 6,210,000 | 8,209,000 |
| Interest expense | 507,000 | 968,000 | 1,415,000 | 1,781,000 |
| Net interest income | 1,543,000 | 3,167,000 | 4,795,000 | 6,428,000 |
| Noninterest income | 161,000 | 316,000 | 413,000 | 55,000 |
| Noninterest expense | 1,389,000 | 2,956,000 | 4,078,000 | 5,221,000 |
| Provision for loan losses | 220,000 | 300,000 | 420,000 | 590,000 |
| Pretax income | 95,000 | 227,000 | 719,000 | 681,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 95,000 | 227,000 | 719,000 | 681,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,292,000 | 12,424,000 | 12,916,000 | 12,428,000 |
| Total capital | 13,405,000 | 13,536,000 | 14,012,000 | 13,483,000 |
| Risk-weighted assets | 87,830,000 | 88,213,000 | 86,896,000 | 83,758,000 |