Call reports 2010
CORNERSTONE BANK — 2010
What CORNERSTONE BANK 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 | 400,396,000 | 401,671,000 | 398,380,000 | 392,603,000 |
| Total loans | 289,974,000 | 283,353,000 | 272,725,000 | 264,711,000 |
| Allowance for loan losses | 3,944,000 | 2,532,000 | 2,567,000 | 2,642,000 |
| Securities available for sale | 2,392,000 | 2,255,000 | 2,355,000 | 2,551,000 |
| Securities held to maturity | 52,464,000 | 55,734,000 | 57,409,000 | 67,560,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 313,524,000 | 319,280,000 | 319,338,000 | 315,398,000 |
| Interest-bearing deposits | 304,250,000 | 308,244,000 | 308,037,000 | 306,094,000 |
| Noninterest-bearing deposits | 9,274,000 | 11,036,000 | 11,301,000 | 9,304,000 |
| Equity capital | 46,885,000 | 47,191,000 | 47,713,000 | 47,736,000 |
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 | 4,753,000 | 9,333,000 | 13,912,000 | 18,086,000 |
| Interest expense | 1,381,000 | 2,668,000 | 3,884,000 | 5,006,000 |
| Net interest income | 3,372,000 | 6,665,000 | 10,028,000 | 13,080,000 |
| Noninterest income | 475,000 | 1,053,000 | 1,711,000 | 2,490,000 |
| Noninterest expense | 2,589,000 | 5,287,000 | 8,602,000 | 11,538,000 |
| Provision for loan losses | 1,085,000 | 1,635,000 | 2,125,000 | 2,941,000 |
| Pretax income | 161,000 | 807,000 | 1,004,000 | 1,103,000 |
| Income tax | 120,000 | 356,000 | 68,000 | 202,000 |
| Net income | 41,000 | 451,000 | 936,000 | 901,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,849,000 | 47,209,000 | 47,747,000 | 47,712,000 |
| Total capital | 50,018,000 | 49,741,000 | 50,342,000 | 50,421,000 |
| Risk-weighted assets | 249,819,000 | 248,935,000 | 243,076,000 | 236,989,000 |