Call reports 2005
CORNERSTONE BANK — 2005
What CORNERSTONE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 273,365,000 | 278,006,000 | 278,070,000 | 283,119,000 |
| Total loans | 203,912,000 | 207,761,000 | 213,592,000 | 219,110,000 |
| Allowance for loan losses | 831,000 | 851,000 | 893,000 | 954,000 |
| Securities available for sale | 2,419,000 | 2,403,000 | 1,650,000 | 1,679,000 |
| Securities held to maturity | 37,857,000 | 35,900,000 | 36,507,000 | 33,268,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 218,109,000 | 222,310,000 | 217,934,000 | 218,256,000 |
| Interest-bearing deposits | 206,685,000 | 209,949,000 | 206,624,000 | 205,487,000 |
| Noninterest-bearing deposits | 11,424,000 | 12,361,000 | 11,310,000 | 12,769,000 |
| Equity capital | 40,891,000 | 41,395,000 | 41,987,000 | 42,541,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 3,262,000 | 6,676,000 | 10,207,000 | 13,871,000 |
| Interest expense | 772,000 | 1,639,000 | 2,564,000 | 3,585,000 |
| Net interest income | 2,490,000 | 5,037,000 | 7,643,000 | 10,286,000 |
| Noninterest income | 303,000 | 637,000 | 966,000 | 1,497,000 |
| Noninterest expense | 1,831,000 | 3,812,000 | 5,759,000 | 7,998,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 902,000 | 1,731,000 | 2,646,000 | 3,512,000 |
| Income tax | 354,000 | 667,000 | 1,024,000 | 1,356,000 |
| Net income | 548,000 | 1,064,000 | 1,622,000 | 2,156,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,891,000 | 41,395,000 | 41,987,000 | 42,522,000 |
| Total capital | 41,722,000 | 42,246,000 | 42,880,000 | 43,495,000 |
| Risk-weighted assets | 184,010,000 | 185,503,000 | 187,436,000 | 191,497,000 |