Call reports 2001
CORNERSTONE BANK — 2001
What CORNERSTONE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 220,705,000 | 227,320,000 | 228,754,000 | 235,744,000 |
| Total loans | 157,234,000 | 163,489,000 | 172,466,000 | 178,231,000 |
| Allowance for loan losses | 833,000 | 822,000 | 821,000 | 812,000 |
| Securities available for sale | 1,379,000 | 4,978,000 | 2,329,000 | 4,538,000 |
| Securities held to maturity | 33,859,000 | 36,149,000 | 33,868,000 | 32,166,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 187,035,000 | 191,878,000 | 193,026,000 | 194,575,000 |
| Interest-bearing deposits | 176,366,000 | 181,840,000 | 183,947,000 | 184,993,000 |
| Noninterest-bearing deposits | 10,669,000 | 10,038,000 | 9,079,000 | 9,582,000 |
| Equity capital | 31,437,000 | 31,966,000 | 32,531,000 | 33,178,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 3,777,000 | 7,504,000 | 11,356,000 | 15,196,000 |
| Interest expense | 1,628,000 | 3,285,000 | 4,896,000 | 6,335,000 |
| Net interest income | 2,149,000 | 4,219,000 | 6,460,000 | 8,861,000 |
| Noninterest income | 202,000 | 419,000 | 661,000 | 931,000 |
| Noninterest expense | 1,382,000 | 2,855,000 | 4,297,000 | 6,120,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 944,000 | 1,743,000 | 2,779,000 | 3,612,000 |
| Income tax | 342,000 | 623,000 | 980,000 | 1,289,000 |
| Net income | 602,000 | 1,120,000 | 1,799,000 | 2,323,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,437,000 | 31,966,000 | 32,531,000 | 33,178,000 |
| Total capital | 32,270,000 | 32,788,000 | 33,352,000 | 33,990,000 |
| Risk-weighted assets | 134,669,000 | 146,105,000 | 148,299,000 | 156,935,000 |