Call reports 2006
CORNERSTONE COMMUNITY BANK — 2006
What CORNERSTONE COMMUNITY BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 259,894,000 | 268,597,000 | 280,166,000 | 285,984,000 |
| Total loans | 196,431,000 | 200,537,000 | 209,554,000 | 213,739,000 |
| Allowance for loan losses | 2,201,000 | 2,291,000 | 2,321,000 | 2,321,000 |
| Securities available for sale | 28,156,000 | 36,168,000 | 37,668,000 | 35,567,000 |
| Securities held to maturity | 11,534,000 | 11,145,000 | 10,760,000 | 10,438,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 214,982,000 | 222,201,000 | 229,395,000 | 226,842,000 |
| Interest-bearing deposits | 189,085,000 | 198,051,000 | 205,046,000 | 203,118,000 |
| Noninterest-bearing deposits | 25,897,000 | 24,150,000 | 24,349,000 | 23,724,000 |
| Equity capital | 17,129,000 | 17,367,000 | 18,185,000 | 22,470,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 3,671,000 | 7,705,000 | 11,960,000 | 16,335,000 |
| Interest expense | 1,740,000 | 3,840,000 | 6,261,000 | 8,822,000 |
| Net interest income | 1,931,000 | 3,865,000 | 5,699,000 | 7,513,000 |
| Noninterest income | 249,000 | 502,000 | 768,000 | 1,005,000 |
| Noninterest expense | 1,211,000 | 2,508,000 | 3,915,000 | 5,442,000 |
| Provision for loan losses | 120,000 | 210,000 | 245,000 | 245,000 |
| Pretax income | 849,000 | 1,649,000 | 2,307,000 | 2,889,000 |
| Income tax | 308,000 | 594,000 | 831,000 | 1,025,000 |
| Net income | 541,000 | 1,055,000 | 1,476,000 | 1,864,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,255,000 | 17,784,000 | 18,220,000 | 22,521,000 |
| Total capital | 19,456,000 | 20,075,000 | 20,541,000 | 24,842,000 |
| Risk-weighted assets | 195,595,000 | 200,651,000 | 214,005,000 | 224,543,000 |