Call reports 2009
CORNERSTONE BANK — 2009
What CORNERSTONE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 380,685,000 | 373,724,000 | 392,054,000 | 400,237,000 |
| Total loans | 313,812,000 | 307,262,000 | 302,404,000 | 299,327,000 |
| Allowance for loan losses | 1,563,000 | 2,956,000 | 2,934,000 | 4,000,000 |
| Securities available for sale | 2,039,000 | 2,165,000 | 2,271,000 | 2,345,000 |
| Securities held to maturity | 20,115,000 | 21,218,000 | 26,199,000 | 51,582,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 279,284,000 | 284,763,000 | 295,115,000 | 304,206,000 |
| Interest-bearing deposits | 269,097,000 | 272,841,000 | 283,903,000 | 292,719,000 |
| Noninterest-bearing deposits | 10,187,000 | 11,922,000 | 11,212,000 | 11,487,000 |
| Equity capital | 49,349,000 | 48,174,000 | 47,481,000 | 46,811,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 4,743,000 | 9,469,000 | 14,192,000 | 18,812,000 |
| Interest expense | 1,965,000 | 3,820,000 | 5,636,000 | 7,347,000 |
| Net interest income | 2,778,000 | 5,649,000 | 8,556,000 | 11,465,000 |
| Noninterest income | 483,000 | 979,000 | 1,486,000 | 1,857,000 |
| Noninterest expense | 2,548,000 | 5,429,000 | 8,513,000 | 10,937,000 |
| Provision for loan losses | 400,000 | 3,015,000 | 3,330,000 | 4,802,000 |
| Pretax income | 292,000 | -1,896,000 | -1,909,000 | -2,546,000 |
| Income tax | 191,000 | -702,000 | -641,000 | -549,000 |
| Net income | 101,000 | -1,194,000 | -1,268,000 | -1,997,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,349,000 | 48,174,000 | 48,185,000 | 47,479,000 |
| Total capital | 50,912,000 | 51,130,000 | 51,119,000 | 50,725,000 |
| Risk-weighted assets | 255,055,000 | 253,124,000 | 255,352,000 | 256,915,000 |