Home > Cornerstone Bank > Income and Expense

Cornerstone Bank, Income and Expense

2004-06-30 (YTD Data)		Rank
Total interest income	$9,769,000	1,447
Total interest expense	$4,804,000	811
Net interest income	$4,965,000	2,006
Provision for loan and lease losses	$168,000	2,528
Total noninterest income	$1,487,000	1,610
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	130
Additional Noninterest Income	$1,487,000	1,001
Total noninterest expense	$4,419,000	1,808
Salaries and employee benefits	$2,355,000	1,849
Premises and equipment expense	$709,000	1,628
Additional noninterest expense	$1,355,000	1,762
Pre-tax net operating income	$1,865,000	2,173
Securities gains (losses)	$89,000	1,108
Applicable income taxes	$641,000	1,836
Income before extraordinary items	$1,313,000	2,330
Extraordinary gains, net	$0	21
Net income	$1,313,000	2,330
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$95,000	2,220
Cash dividends	$0	5,087
Sale, conversion, retirement of capital stock, net	$0	638
Net operating income	$1,253,370	2,362
2004-03-31 (YTD Data)		Rank
Total interest income	$4,877,000	1,458
Total interest expense	$2,383,000	838
Net interest income	$2,494,000	1,992
Provision for loan and lease losses	$84,000	2,431
Total noninterest income	$673,000	1,715
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	121
Additional Noninterest Income	$673,000	1,039
Total noninterest expense	$2,279,000	1,777
Salaries and employee benefits	$1,198,000	1,837
Premises and equipment expense	$351,000	1,672
Additional noninterest expense	$730,000	1,628
Pre-tax net operating income	$804,000	2,419
Securities gains (losses)	$50,000	1,193
Applicable income taxes	$287,000	1,992
Income before extraordinary items	$567,000	2,644
Extraordinary gains, net	$0	16
Net income	$567,000	2,644
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$78,000	1,522
Cash dividends	$0	3,841
Sale, conversion, retirement of capital stock, net	$0	464
Net operating income	$534,000	2,685
2003-12-31 (YTD Data)		Rank
Total interest income	$18,230,000	1,577
Total interest expense	$9,181,000	975
Net interest income	$9,049,000	2,147
Provision for loan and lease losses	$286,000	3,289
Total noninterest income	$3,378,000	1,533
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	160
Additional Noninterest Income	$3,378,000	998
Total noninterest expense	$8,700,000	1,819
Salaries and employee benefits	$4,453,000	1,932
Premises and equipment expense	$1,401,000	1,626
Additional noninterest expense	$2,846,000	1,699
Pre-tax net operating income	$3,441,000	2,245
Securities gains (losses)	$600,000	668
Applicable income taxes	$1,202,000	1,935
Income before extraordinary items	$2,839,000	2,140
Extraordinary gains, net	$0	54
Net income	$2,839,000	2,140
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$157,000	3,282
Cash dividends	$1,100,000	2,179
Sale, conversion, retirement of capital stock, net	$0	868
Net operating income	$2,419,000	2,330
2003-09-30 (YTD Data)		Rank
Total interest income	$13,537,000	1,620
Total interest expense	$6,850,000	1,024
Net interest income	$6,687,000	2,184
Provision for loan and lease losses	$231,000	3,011
Total noninterest income	$2,556,000	1,558
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	153
Additional Noninterest Income	$2,556,000	1,033
Total noninterest expense	$6,447,000	1,840
Salaries and employee benefits	$3,280,000	1,967
Premises and equipment expense	$1,066,000	1,608
Additional noninterest expense	$2,101,000	1,719
Pre-tax net operating income	$2,565,000	2,329
Securities gains (losses)	$329,000	906
Applicable income taxes	$839,000	2,138
Income before extraordinary items	$2,055,000	2,279
Extraordinary gains, net	$0	40
Net income	$2,055,000	2,277
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$192,000	2,248
Cash dividends	$0	5,519
Sale, conversion, retirement of capital stock, net	$0	722
Net operating income	$1,821,410	2,404
2003-06-30 (YTD Data)		Rank
Total interest income	$9,181,000	1,600
Total interest expense	$4,603,000	1,042
Net interest income	$4,578,000	2,130
Provision for loan and lease losses	$168,000	2,842
Total noninterest income	$1,525,000	1,696
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	150
Additional Noninterest Income	$1,525,000	1,124
Total noninterest expense	$4,296,000	1,841
Salaries and employee benefits	$2,180,000	1,955
Premises and equipment expense	$728,000	1,571
Additional noninterest expense	$1,388,000	1,731
Pre-tax net operating income	$1,639,000	2,415
Securities gains (losses)	$260,000	894
Applicable income taxes	$561,000	2,151
Income before extraordinary items	$1,338,000	2,324
Extraordinary gains, net	$0	30
Net income	$1,338,000	2,322
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$166,000	1,856
Cash dividends	$0	5,215
Sale, conversion, retirement of capital stock, net	$0	589
Net operating income	$1,156,000	2,513
2003-03-31 (YTD Data)		Rank
Total interest income	$4,640,000	1,601
Total interest expense	$2,346,000	1,050
Net interest income	$2,294,000	2,131
Provision for loan and lease losses	$84,000	2,689
Total noninterest income	$760,000	1,652
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	134
Additional Noninterest Income	$760,000	1,089
Total noninterest expense	$2,147,000	1,830
Salaries and employee benefits	$1,097,000	1,941
Premises and equipment expense	$368,000	1,568
Additional noninterest expense	$682,000	1,731
Pre-tax net operating income	$823,000	2,415
Securities gains (losses)	$154,000	782
Applicable income taxes	$299,000	2,063
Income before extraordinary items	$678,000	2,252
Extraordinary gains, net	$0	21
Net income	$678,000	2,250
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$142,000	1,164
Cash dividends	$0	3,930
Sale, conversion, retirement of capital stock, net	$0	419
Net operating income	$571,740	2,521
2002-12-31 (YTD Data)		Rank
Total interest income	$20,978,000	1,467
Total interest expense	$11,515,000	970
Net interest income	$9,463,000	2,048
Provision for loan and lease losses	$343,000	3,170
Total noninterest income	$2,794,000	1,639
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	153
Additional Noninterest Income	$2,794,000	1,045
Total noninterest expense	$8,731,000	1,735
Salaries and employee benefits	$4,471,000	1,798
Premises and equipment expense	$1,520,000	1,455
Additional noninterest expense	$2,740,000	1,714
Pre-tax net operating income	$3,183,000	2,366
Securities gains (losses)	$738,000	509
Applicable income taxes	$1,319,000	1,824
Income before extraordinary items	$2,602,000	2,275
Extraordinary gains, net	$0	70
Net income	$2,602,000	2,275
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$291,000	2,421
Cash dividends	$2,000,000	1,296
Sale, conversion, retirement of capital stock, net	$0	862
Net operating income	$2,114,920	2,591
2001-12-31 (YTD Data)		Rank
Total interest income	$24,162,000	1,406
Total interest expense	$15,277,000	1,054
Net interest income	$8,885,000	2,011
Provision for loan and lease losses	$358,000	2,869
Total noninterest income	$2,179,000	1,888
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	177
Additional Noninterest Income	$2,179,000	1,165
Total noninterest expense	$7,827,000	1,845
Salaries and employee benefits	$3,816,000	1,969
Premises and equipment expense	$1,503,000	1,427
Additional noninterest expense	$2,508,000	1,826
Pre-tax net operating income	$2,879,000	2,353
Securities gains (losses)	$339,000	823
Applicable income taxes	$1,121,000	1,915
Income before extraordinary items	$2,097,000	2,422
Extraordinary gains, net	$0	105
Net income	$2,097,000	2,426
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$172,000	3,134
Cash dividends	$2,000,000	1,312
Sale, conversion, retirement of capital stock, net	$0	922
Net operating income	$1,876,650	2,600
2000-12-31 (YTD Data)		Rank
Total interest income	$24,967,000	1,397
Total interest expense	$15,825,000	1,105
Net interest income	$9,142,000	1,930
Provision for loan and lease losses	$349,000	2,583
Total noninterest income	$1,775,000	2,047
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	180
Additional Noninterest Income	$1,775,000	1,231
Total noninterest expense	$7,403,000	1,880
Salaries and employee benefits	$3,714,000	1,934
Premises and equipment expense	$1,404,000	1,482
Additional noninterest expense	$2,285,000	1,911
Pre-tax net operating income	$3,165,000	2,286
Securities gains (losses)	$84,000	602
Applicable income taxes	$1,194,000	1,832
Income before extraordinary items	$2,055,000	2,501
Extraordinary gains, net	$0	38
Net income	$2,055,000	2,500
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$318,000	1,743
Cash dividends	$3,000,000	949
Sale, conversion, retirement of capital stock, net	$0	969
Net operating income	$2,001,240	2,564
1999-12-31 (YTD Data)		Rank
Total interest income	$22,885,000	1,425
Total interest expense	$13,723,000	1,108
Net interest income	$9,162,000	1,927
Provision for loan and lease losses	$318,000	2,534
Total noninterest income	$1,693,000	2,107
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	173
Additional Noninterest Income	$1,693,000	1,297
Total noninterest expense	$7,628,000	1,812
Salaries and employee benefits	$3,757,000	1,856
Premises and equipment expense	$1,495,000	1,357
Additional noninterest expense	$2,376,000	1,847
Pre-tax net operating income	$2,909,000	2,483
Securities gains (losses)	$112,000	699
Applicable income taxes	$1,090,000	2,071
Income before extraordinary items	$1,931,000	2,664
Extraordinary gains, net	$0	35
Net income	$1,931,000	2,664
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$693,000	938
Cash dividends	$3,000,000	958
Sale, conversion, retirement of capital stock, net	$0	1,035
Net operating income	$1,859,320	2,704
1998-12-31 (YTD Data)		Rank
Total interest income	$25,363,000	1,274
Total interest expense	$16,098,000	990
Net interest income	$9,265,000	1,843
Provision for loan and lease losses	$-263,000	10,387
Total noninterest income	$3,472,000	1,195
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	224
Additional Noninterest Income	$3,472,000	831
Total noninterest expense	$9,166,000	1,448
Salaries and employee benefits	$4,266,000	1,550
Premises and equipment expense	$1,477,000	1,312
Additional noninterest expense	$3,423,000	1,296
Pre-tax net operating income	$3,834,000	1,901
Securities gains (losses)	$651,000	477
Applicable income taxes	$2,908,000	899
Income before extraordinary items	$1,577,000	3,127
Extraordinary gains, net	$0	32
Net income	$1,577,000	3,128
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$400,000	1,507
Cash dividends	$0	7,473
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$1,160,360	3,946
1997-12-31 (YTD Data)		Rank
Total interest income	$28,587,000	1,172
Total interest expense	$18,052,000	910
Net interest income	$10,535,000	1,651
Provision for loan and lease losses	$2,285,000	524
Total noninterest income	$1,137,000	2,748
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	239
Additional Noninterest Income	$1,137,000	1,615
Total noninterest expense	$8,831,000	1,494
Salaries and employee benefits	$3,970,000	1,651
Premises and equipment expense	$1,500,000	1,308
Additional noninterest expense	$3,361,000	1,304
Pre-tax net operating income	$556,000	7,631
Securities gains (losses)	$229,000	653
Applicable income taxes	$324,000	5,517
Income before extraordinary items	$461,000	7,229
Extraordinary gains, net	$0	44
Net income	$461,000	7,231
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,554,000	590
Cash dividends	$5,000,000	618
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$314,440	8,221
1996-12-31 (YTD Data)		Rank
Total interest income	$19,819,000	1,700
Total interest expense	$11,688,000	1,388
Net interest income	$8,131,000	2,210
Provision for loan and lease losses	$399,000	2,109
Total noninterest income	$461,000	5,449
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	262
Additional Noninterest Income	$461,000	3,094
Total noninterest expense	$6,517,000	2,118
Salaries and employee benefits	$2,523,000	2,666
Premises and equipment expense	$982,000	2,044
Additional noninterest expense	$3,012,000	1,724
Pre-tax net operating income	$1,676,000	3,981
Securities gains (losses)	$237,000	633
Applicable income taxes	$675,000	3,255
Income before extraordinary items	$1,238,000	3,776
Extraordinary gains, net	$0	53
Net income	$1,238,000	3,775
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	8,805
Cash dividends	$15,500,000	330
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$1,083,950	4,138
1995-12-31 (YTD Data)		Rank
Total interest income	$13,726,000	2,433
Total interest expense	$7,197,000	2,150
Net interest income	$6,529,000	2,722
Provision for loan and lease losses	$6,000	8,588
Total noninterest income	$159,000	9,157
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	522
Additional Noninterest Income	$159,000	5,815
Total noninterest expense	$3,930,000	3,385
Salaries and employee benefits	$1,617,000	4,015
Premises and equipment expense	$654,000	2,990
Additional noninterest expense	$1,659,000	2,804
Pre-tax net operating income	$2,752,000	2,618
Securities gains (losses)	$1,206,000	191
Applicable income taxes	$1,356,000	1,800
Income before extraordinary items	$2,602,000	1,925
Extraordinary gains, net	$0	65
Net income	$2,602,000	1,922
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$6,000	7,925
Cash dividends	$0	8,717
Sale, conversion, retirement of capital stock, net	NA	NA
Net operating income	$1,806,040	2,704
1994-12-31 (YTD Data)		Rank
Total interest income	$12,018,000	2,518
Total interest expense	$5,282,000	2,339
Net interest income	$6,736,000	2,689
Provision for loan and lease losses	$0	9,146
Total noninterest income	$115,000	10,409
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	475
Additional Noninterest Income	$115,000	7,070
Total noninterest expense	$3,453,000	3,891
Salaries and employee benefits	$1,809,000	3,599
Premises and equipment expense	$415,000	4,437
Additional noninterest expense	$1,229,000	3,970
Pre-tax net operating income	$3,398,000	2,101
Securities gains (losses)	$28,000	1,509
Applicable income taxes	$1,505,000	1,553
Income before extraordinary items	$1,921,000	2,529
Extraordinary gains, net	$0	249
Net income	$1,921,000	2,529
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	8,921
Cash dividends	$2,700,000	881
Sale, conversion, retirement of capital stock, net	$20,561,000	62
Net operating income	$1,903,080	2,567
1993-12-31 (YTD Data)		Rank
Total interest income	$12,555,000	2,453
Total interest expense	$5,302,000	2,442
Net interest income	$7,253,000	2,472
Provision for loan and lease losses	$737,000	1,603
Total noninterest income	$179,000	9,625
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	532
Additional Noninterest Income	$179,000	6,010
Total noninterest expense	$2,510,000	5,263
Salaries and employee benefits	$1,027,000	5,978
Premises and equipment expense	$429,000	4,433
Additional noninterest expense	$1,054,000	4,699
Pre-tax net operating income	$4,185,000	1,655
Securities gains (losses)	$324,000	1,233
Applicable income taxes	$1,501,000	1,554
Income before extraordinary items	$3,008,000	1,681
Extraordinary gains, net	$0	3,149
Net income	$3,008,000	1,740
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	9,922
Cash dividends	$0	9,081
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$2,790,920	1,691
1992-12-31 (YTD Data)		Rank
Total interest income	$12,282,000	2,858
Total interest expense	$6,686,000	2,526
Net interest income	$5,596,000	3,276
Provision for loan and lease losses	$0	11,756
Total noninterest income	$121,000	11,154
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	504
Additional Noninterest Income	$121,000	7,418
Total noninterest expense	$2,401,000	5,487
Salaries and employee benefits	$1,141,000	5,415
Premises and equipment expense	$403,000	4,764
Additional noninterest expense	$857,000	5,749
Pre-tax net operating income	$3,316,000	1,866
Securities gains (losses)	$0	8,369
Applicable income taxes	$1,109,000	1,918
Income before extraordinary items	$2,207,000	2,086
Extraordinary gains, net	$0	1,422
Net income	$2,207,000	2,110
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	11,197
Cash dividends	$0	8,912
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$2,207,000	1,911

* The data above is accumulated from the beginning of the year to the date posted. The data for Dec. 31 is the number for the entire year.