Call reports 2009
CORNERSTONE COMMUNITY BANK — 2009
What CORNERSTONE COMMUNITY BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 332,040,000 | 328,565,000 | 323,883,000 | 317,735,000 |
| Total loans | 247,721,000 | 244,728,000 | 250,283,000 | 249,009,000 |
| Allowance for loan losses | 3,732,000 | 4,365,000 | 4,371,000 | 3,710,000 |
| Securities available for sale | 46,533,000 | 44,496,000 | 44,679,000 | 36,590,000 |
| Securities held to maturity | 3,089,000 | 2,588,000 | 2,207,000 | 1,837,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 273,368,000 | 280,197,000 | 266,744,000 | 255,579,000 |
| Interest-bearing deposits | 238,314,000 | 244,184,000 | 226,365,000 | 217,598,000 |
| Noninterest-bearing deposits | 35,054,000 | 36,013,000 | 40,379,000 | 37,981,000 |
| Equity capital | 23,457,000 | 23,097,000 | 24,584,000 | 23,885,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 4,083,000 | 8,128,000 | 12,105,000 | 15,906,000 |
| Interest expense | 2,156,000 | 4,237,000 | 6,095,000 | 7,594,000 |
| Net interest income | 1,927,000 | 3,891,000 | 6,010,000 | 8,312,000 |
| Noninterest income | 13,000 | 117,000 | 220,000 | 462,000 |
| Noninterest expense | 1,792,000 | 3,963,000 | 5,777,000 | 7,442,000 |
| Provision for loan losses | 1,125,000 | 1,818,000 | 2,233,000 | 3,370,000 |
| Pretax income | -977,000 | -1,773,000 | -1,780,000 | -1,736,000 |
| Income tax | -438,000 | -806,000 | -890,000 | -958,000 |
| Net income | -539,000 | -967,000 | -890,000 | -778,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,964,000 | 23,508,000 | 23,666,000 | 23,248,000 |
| Total capital | 27,203,000 | 26,750,000 | 26,955,000 | 26,515,000 |
| Risk-weighted assets | 259,105,000 | 259,256,000 | 263,182,000 | 260,225,000 |