Call reports 2003
CORNERSTONE COMMUNITY BANK — 2003
What CORNERSTONE COMMUNITY BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 110,516,000 | 121,590,000 | 126,888,000 | 140,219,000 |
| Total loans | 88,874,000 | 94,892,000 | 101,284,000 | 109,109,000 |
| Allowance for loan losses | 1,069,000 | 1,166,000 | 1,231,000 | 1,321,000 |
| Securities available for sale | 690,000 | 1,550,000 | 1,841,000 | 1,756,000 |
| Securities held to maturity | 10,243,000 | 10,399,000 | 8,818,000 | 11,268,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,346,000 | 108,247,000 | 113,130,000 | 122,655,000 |
| Interest-bearing deposits | 86,670,000 | 95,309,000 | 101,162,000 | 110,127,000 |
| Noninterest-bearing deposits | 10,676,000 | 12,938,000 | 11,968,000 | 12,529,000 |
| Equity capital | 12,751,000 | 13,015,000 | 13,262,000 | 13,570,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,493,000 | 3,122,000 | 4,770,000 | 6,535,000 |
| Interest expense | 511,000 | 1,057,000 | 1,588,000 | 2,131,000 |
| Net interest income | 982,000 | 2,065,000 | 3,182,000 | 4,404,000 |
| Noninterest income | 181,000 | 392,000 | 576,000 | 717,000 |
| Noninterest expense | 702,000 | 1,472,000 | 2,278,000 | 3,059,000 |
| Provision for loan losses | 72,000 | 169,000 | 245,000 | 335,000 |
| Pretax income | 389,000 | 816,000 | 1,235,000 | 1,727,000 |
| Income tax | 149,000 | 312,000 | 471,000 | 658,000 |
| Net income | 240,000 | 504,000 | 764,000 | 1,069,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,441,000 | 12,716,000 | 12,992,000 | 13,306,000 |
| Total capital | 13,510,000 | 13,882,000 | 14,223,000 | 14,627,000 |
| Risk-weighted assets | 89,762,000 | 96,941,000 | 99,063,000 | 108,907,000 |