Call reports 2001
CORNERSTONE COMMUNITY BANK — 2001
What CORNERSTONE COMMUNITY 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 | 52,190,000 | 58,905,000 | 63,600,000 | 70,275,000 |
| Total loans | 39,995,000 | 43,985,000 | 49,064,000 | 54,778,000 |
| Allowance for loan losses | 491,000 | 531,000 | 585,000 | 671,000 |
| Securities available for sale | 6,102,000 | 5,454,000 | 5,979,000 | 5,764,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,025,000 | 51,062,000 | 55,084,000 | 59,771,000 |
| Interest-bearing deposits | 38,902,000 | 45,584,000 | 49,252,000 | 54,228,000 |
| Noninterest-bearing deposits | 5,123,000 | 5,478,000 | 5,832,000 | 5,543,000 |
| Equity capital | 5,756,000 | 5,799,000 | 5,869,000 | 5,897,000 |
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 | 935,000 | 1,927,000 | 3,017,000 | 4,111,000 |
| Interest expense | 538,000 | 1,102,000 | 1,691,000 | 2,225,000 |
| Net interest income | 397,000 | 825,000 | 1,326,000 | 1,886,000 |
| Noninterest income | 49,000 | 173,000 | 260,000 | 384,000 |
| Noninterest expense | 361,000 | 812,000 | 1,285,000 | 1,754,000 |
| Provision for loan losses | 41,000 | 81,000 | 137,000 | 223,000 |
| Pretax income | 44,000 | 105,000 | 189,000 | 332,000 |
| Income tax | 17,000 | 39,000 | 71,000 | 125,000 |
| Net income | 27,000 | 66,000 | 118,000 | 207,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,720,000 | 5,759,000 | 5,811,000 | 5,900,000 |
| Total capital | 6,211,000 | 6,290,000 | 6,396,000 | 6,571,000 |
| Risk-weighted assets | 40,274,000 | 44,986,000 | 50,407,000 | 55,843,000 |