Call reports 2011
CORNERSTONE BANK — 2011
What CORNERSTONE BANK 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 | 387,478,000 | 378,404,000 | 373,845,000 | 375,219,000 |
| Total loans | 259,376,000 | 263,140,000 | 264,978,000 | 276,955,000 |
| Allowance for loan losses | 2,540,000 | 2,727,000 | 2,609,000 | 2,372,000 |
| Securities available for sale | 2,524,000 | 2,548,000 | 2,321,000 | 2,485,000 |
| Securities held to maturity | 68,890,000 | 62,408,000 | 53,250,000 | 45,636,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 316,878,000 | 312,185,000 | 307,757,000 | 295,694,000 |
| Interest-bearing deposits | 307,477,000 | 301,725,000 | 296,673,000 | 285,848,000 |
| Noninterest-bearing deposits | 9,401,000 | 10,460,000 | 11,084,000 | 9,846,000 |
| Equity capital | 48,355,000 | 48,548,000 | 48,939,000 | 49,275,000 |
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 | 4,083,000 | 8,067,000 | 12,046,000 | 15,946,000 |
| Interest expense | 932,000 | 1,756,000 | 2,503,000 | 3,191,000 |
| Net interest income | 3,151,000 | 6,311,000 | 9,543,000 | 12,755,000 |
| Noninterest income | 850,000 | 1,376,000 | 1,966,000 | 2,643,000 |
| Noninterest expense | 2,730,000 | 5,755,000 | 8,745,000 | 12,060,000 |
| Provision for loan losses | 600,000 | 1,050,000 | 1,580,000 | 1,845,000 |
| Pretax income | 662,000 | 885,000 | 1,187,000 | 1,482,000 |
| Income tax | 93,000 | 126,000 | 138,000 | 210,000 |
| Net income | 569,000 | 759,000 | 1,049,000 | 1,272,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,305,000 | 48,495,000 | 48,782,000 | 49,008,000 |
| Total capital | 50,947,000 | 51,325,000 | 51,391,000 | 51,455,000 |
| Risk-weighted assets | 236,360,000 | 237,422,000 | 235,790,000 | 242,213,000 |