Call reports 2007
CORNERSTONE COMMUNITY BANK — 2007
What CORNERSTONE COMMUNITY BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 300,834,000 | 306,859,000 | 313,358,000 | 317,919,000 |
| Total loans | 216,881,000 | 219,046,000 | 220,029,000 | 229,775,000 |
| Allowance for loan losses | 2,332,000 | 2,344,000 | 2,344,000 | 2,404,000 |
| Securities available for sale | 47,301,000 | 51,341,000 | 61,123,000 | 57,679,000 |
| Securities held to maturity | 10,169,000 | 9,851,000 | 9,575,000 | 7,389,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 237,235,000 | 243,139,000 | 245,122,000 | 244,680,000 |
| Interest-bearing deposits | 213,648,000 | 219,905,000 | 222,097,000 | 208,400,000 |
| Noninterest-bearing deposits | 23,587,000 | 23,234,000 | 23,025,000 | 36,280,000 |
| Equity capital | 22,711,000 | 22,413,000 | 22,898,000 | 23,371,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 4,444,000 | 9,061,000 | 13,826,000 | 18,637,000 |
| Interest expense | 2,646,000 | 5,500,000 | 8,487,000 | 11,539,000 |
| Net interest income | 1,798,000 | 3,561,000 | 5,339,000 | 7,098,000 |
| Noninterest income | 236,000 | 548,000 | 800,000 | 1,067,000 |
| Noninterest expense | 1,593,000 | 3,217,000 | 4,836,000 | 6,390,000 |
| Provision for loan losses | 25,000 | 37,000 | 46,000 | 97,000 |
| Pretax income | 420,000 | 866,000 | 1,251,000 | 1,697,000 |
| Income tax | 112,000 | 205,000 | 278,000 | 393,000 |
| Net income | 308,000 | 661,000 | 973,000 | 1,304,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,827,000 | 23,111,000 | 23,369,000 | 23,636,000 |
| Total capital | 25,159,000 | 25,455,000 | 25,713,000 | 26,040,000 |
| Risk-weighted assets | 226,345,000 | 225,157,000 | 230,393,000 | 243,111,000 |