Call reports 2004
CORNERSTONE COMMUNITY BANK — 2004
What CORNERSTONE COMMUNITY BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 146,442,000 | 163,763,000 | 181,805,000 | 191,035,000 |
| Total loans | 117,008,000 | 131,350,000 | 144,761,000 | 152,307,000 |
| Allowance for loan losses | 1,401,000 | 1,515,000 | 1,643,000 | 1,735,000 |
| Securities available for sale | 2,208,000 | 2,989,000 | 2,932,000 | 2,830,000 |
| Securities held to maturity | 12,800,000 | 11,940,000 | 11,402,000 | 13,894,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 132,226,000 | 142,047,000 | 150,857,000 | 162,235,000 |
| Interest-bearing deposits | 117,832,000 | 126,947,000 | 133,541,000 | 144,245,000 |
| Noninterest-bearing deposits | 14,393,000 | 15,100,000 | 17,317,000 | 17,990,000 |
| Equity capital | 13,863,000 | 14,115,000 | 14,517,000 | 14,958,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,878,000 | 3,871,000 | 6,113,000 | 8,544,000 |
| Interest expense | 591,000 | 1,221,000 | 1,959,000 | 2,824,000 |
| Net interest income | 1,287,000 | 2,650,000 | 4,154,000 | 5,720,000 |
| Noninterest income | 182,000 | 381,000 | 530,000 | 723,000 |
| Noninterest expense | 890,000 | 1,844,000 | 2,778,000 | 3,744,000 |
| Provision for loan losses | 115,000 | 254,000 | 382,000 | 478,000 |
| Pretax income | 466,000 | 935,000 | 1,526,000 | 2,223,000 |
| Income tax | 177,000 | 349,000 | 570,000 | 819,000 |
| Net income | 289,000 | 586,000 | 956,000 | 1,404,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,606,000 | 13,912,000 | 14,292,000 | 14,750,000 |
| Total capital | 15,007,000 | 15,427,000 | 15,935,000 | 16,485,000 |
| Risk-weighted assets | 112,209,000 | 129,097,000 | 143,139,000 | 148,971,000 |