Home > Cornerstone Bank > Income and Expense

Cornerstone Bank, Income and Expense

2006-03-31 (YTD Data)		Rank
Total interest income	$693,000	6,973
Total interest expense	$267,000	6,664
Net interest income	$426,000	7,070
Provision for loan and lease losses	$0	6,013
Total noninterest income	$107,000	5,456
Gross Fiduciary activities income	$0	1,380
Service charges on deposit accounts	$73,000	4,136
Trading account gains and fees	$0	115
Additional Noninterest Income	$34,000	5,852
Total noninterest expense	$502,000	6,176
Salaries and employee benefits	$273,000	6,208
Premises and equipment expense	$69,000	5,991
Additional noninterest expense	$160,000	5,864
Pre-tax net operating income	$31,000	7,917
Securities gains (losses)	$0	955
Applicable income taxes	$0	6,588
Income before extraordinary items	$31,000	7,825
Extraordinary gains, net	$0	21
Net income	$31,000	7,825
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-10,000	7,838
Cash dividends	$0	3,943
Sale, conversion, retirement of capital stock, net	$0	648
Net operating income	$31,000	7,821
2005-12-31 (YTD Data)		Rank
Total interest income	$2,693,000	6,844
Total interest expense	$981,000	6,332
Net interest income	$1,712,000	7,017
Provision for loan and lease losses	$330,000	2,627
Total noninterest income	$268,000	6,540
Gross Fiduciary activities income	$0	1,557
Service charges on deposit accounts	$228,000	4,773
Trading account gains and fees	$0	138
Additional Noninterest Income	$40,000	7,623
Total noninterest expense	$2,027,000	6,077
Salaries and employee benefits	$1,019,000	6,300
Premises and equipment expense	$299,000	5,745
Additional noninterest expense	$709,000	5,555
Pre-tax net operating income	$-377,000	8,463
Securities gains (losses)	$0	2,296
Applicable income taxes	$0	6,964
Income before extraordinary items	$-377,000	8,498
Extraordinary gains, net	$0	46
Net income	$-377,000	8,498
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$246,000	2,005
Cash dividends	$0	6,054
Sale, conversion, retirement of capital stock, net	$0	934
Net operating income	$-377,000	8,482
2005-09-30 (YTD Data)		Rank
Total interest income	$1,999,000	6,872
Total interest expense	$716,000	6,300
Net interest income	$1,283,000	7,049
Provision for loan and lease losses	$330,000	2,034
Total noninterest income	$194,000	6,640
Gross Fiduciary activities income	$0	1,504
Service charges on deposit accounts	$169,000	4,828
Trading account gains and fees	$0	126
Additional Noninterest Income	$25,000	7,813
Total noninterest expense	$1,529,000	6,016
Salaries and employee benefits	$775,000	6,232
Premises and equipment expense	$224,000	5,756
Additional noninterest expense	$530,000	5,535
Pre-tax net operating income	$-382,000	8,567
Securities gains (losses)	$0	2,317
Applicable income taxes	$0	6,976
Income before extraordinary items	$-382,000	8,606
Extraordinary gains, net	$0	35
Net income	$-382,000	8,606
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$199,000	1,683
Cash dividends	$0	5,317
Sale, conversion, retirement of capital stock, net	$0	769
Net operating income	$-382,000	8,577
2005-06-30 (YTD Data)		Rank
Total interest income	$1,322,000	6,858
Total interest expense	$458,000	6,269
Net interest income	$864,000	7,020
Provision for loan and lease losses	$33,000	5,080
Total noninterest income	$114,000	6,862
Gross Fiduciary activities income	$0	1,480
Service charges on deposit accounts	$112,000	4,793
Trading account gains and fees	$0	116
Additional Noninterest Income	$2,000	8,611
Total noninterest expense	$987,000	6,119
Salaries and employee benefits	$499,000	6,354
Premises and equipment expense	$149,000	5,729
Additional noninterest expense	$339,000	5,636
Pre-tax net operating income	$-42,000	8,422
Securities gains (losses)	$0	2,146
Applicable income taxes	$0	6,961
Income before extraordinary items	$-42,000	8,456
Extraordinary gains, net	$0	30
Net income	$-42,000	8,456
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$91,000	2,019
Cash dividends	$0	5,072
Sale, conversion, retirement of capital stock, net	$0	643
Net operating income	$-42,000	8,422
2005-03-31 (YTD Data)		Rank
Total interest income	$651,000	6,924
Total interest expense	$212,000	6,390
Net interest income	$439,000	7,045
Provision for loan and lease losses	$18,000	4,743
Total noninterest income	$43,000	7,298
Gross Fiduciary activities income	$0	1,418
Service charges on deposit accounts	$51,000	4,944
Trading account gains and fees	$0	115
Additional Noninterest Income	$-8,000	8,908
Total noninterest expense	$490,000	6,184
Salaries and employee benefits	$238,000	6,517
Premises and equipment expense	$75,000	5,744
Additional noninterest expense	$177,000	5,469
Pre-tax net operating income	$-26,000	8,516
Securities gains (losses)	$0	1,685
Applicable income taxes	$0	6,892
Income before extraordinary items	$-26,000	8,541
Extraordinary gains, net	$0	24
Net income	$-26,000	8,541
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$22,000	2,501
Cash dividends	$0	3,863
Sale, conversion, retirement of capital stock, net	$0	491
Net operating income	$-26,000	8,515
2004-12-31 (YTD Data)		Rank
Total interest income	$2,624,000	6,783
Total interest expense	$802,000	6,258
Net interest income	$1,822,000	6,863
Provision for loan and lease losses	$183,000	3,855
Total noninterest income	$270,000	6,612
Gross Fiduciary activities income	$0	1,582
Service charges on deposit accounts	$234,000	4,881
Trading account gains and fees	$0	138
Additional Noninterest Income	$36,000	7,787
Total noninterest expense	$2,086,000	5,873
Salaries and employee benefits	$993,000	6,294
Premises and equipment expense	$286,000	5,807
Additional noninterest expense	$807,000	5,071
Pre-tax net operating income	$-177,000	8,522
Securities gains (losses)	$1,000	3,645
Applicable income taxes	$0	7,185
Income before extraordinary items	$-176,000	8,565
Extraordinary gains, net	$0	34
Net income	$-176,000	8,567
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$520,000	1,294
Cash dividends	$0	6,149
Sale, conversion, retirement of capital stock, net	$0	872
Net operating income	$-177,000	8,538
2004-09-30 (YTD Data)		Rank
Total interest income	$1,969,000	6,797
Total interest expense	$609,000	6,217
Net interest income	$1,360,000	6,894
Provision for loan and lease losses	$154,000	3,485
Total noninterest income	$222,000	6,484
Gross Fiduciary activities income	$0	1,547
Service charges on deposit accounts	$169,000	5,017
Trading account gains and fees	$0	134
Additional Noninterest Income	$53,000	6,981
Total noninterest expense	$1,488,000	5,988
Salaries and employee benefits	$697,000	6,479
Premises and equipment expense	$202,000	5,949
Additional noninterest expense	$589,000	5,103
Pre-tax net operating income	$-60,000	8,563
Securities gains (losses)	$0	3,710
Applicable income taxes	$0	7,220
Income before extraordinary items	$-60,000	8,588
Extraordinary gains, net	$0	26
Net income	$-60,000	8,591
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$470,000	1,004
Cash dividends	$0	5,363
Sale, conversion, retirement of capital stock, net	$0	738
Net operating income	$-60,000	8,560
2004-06-30 (YTD Data)		Rank
Total interest income	$1,308,000	6,834
Total interest expense	$414,000	6,197
Net interest income	$894,000	6,965
Provision for loan and lease losses	$145,000	2,845
Total noninterest income	$145,000	6,544
Gross Fiduciary activities income	$0	1,518
Service charges on deposit accounts	$112,000	5,013
Trading account gains and fees	$0	130
Additional Noninterest Income	$33,000	7,099
Total noninterest expense	$990,000	6,028
Salaries and employee benefits	$470,000	6,493
Premises and equipment expense	$136,000	5,958
Additional noninterest expense	$384,000	5,203
Pre-tax net operating income	$-96,000	8,690
Securities gains (losses)	$0	3,413
Applicable income taxes	$0	7,214
Income before extraordinary items	$-96,000	8,717
Extraordinary gains, net	$0	21
Net income	$-96,000	8,719
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$415,000	809
Cash dividends	$0	5,087
Sale, conversion, retirement of capital stock, net	$0	638
Net operating income	$-96,000	8,690
2004-03-31 (YTD Data)		Rank
Total interest income	$665,000	6,835
Total interest expense	$216,000	6,137
Net interest income	$449,000	6,982
Provision for loan and lease losses	$30,000	4,060
Total noninterest income	$51,000	7,183
Gross Fiduciary activities income	$0	1,441
Service charges on deposit accounts	$64,000	4,635
Trading account gains and fees	$0	121
Additional Noninterest Income	$-13,000	9,091
Total noninterest expense	$457,000	6,354
Salaries and employee benefits	$217,000	6,761
Premises and equipment expense	$68,000	5,967
Additional noninterest expense	$172,000	5,571
Pre-tax net operating income	$13,000	8,398
Securities gains (losses)	$0	2,934
Applicable income taxes	$0	7,103
Income before extraordinary items	$13,000	8,421
Extraordinary gains, net	$0	16
Net income	$13,000	8,421
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$143,000	1,007
Cash dividends	$0	3,841
Sale, conversion, retirement of capital stock, net	$0	464
Net operating income	$13,000	8,355
2003-12-31 (YTD Data)		Rank
Total interest income	$3,168,000	6,356
Total interest expense	$1,151,000	5,708
Net interest income	$2,017,000	6,569
Provision for loan and lease losses	$416,000	2,513
Total noninterest income	$145,000	7,861
Gross Fiduciary activities income	$0	1,641
Service charges on deposit accounts	$232,000	4,921
Trading account gains and fees	$0	160
Additional Noninterest Income	$-87,000	9,164
Total noninterest expense	$1,962,000	6,054
Salaries and employee benefits	$960,000	6,405
Premises and equipment expense	$257,000	6,101
Additional noninterest expense	$745,000	5,291
Pre-tax net operating income	$-216,000	8,698
Securities gains (losses)	$0	4,500
Applicable income taxes	$0	7,459
Income before extraordinary items	$-216,000	8,786
Extraordinary gains, net	$0	54
Net income	$-216,000	8,789
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$527,000	1,549
Cash dividends	$0	6,283
Sale, conversion, retirement of capital stock, net	$0	868
Net operating income	$-216,000	8,719
2003-09-30 (YTD Data)		Rank
Total interest income	$2,428,000	6,349
Total interest expense	$894,000	5,737
Net interest income	$1,534,000	6,568
Provision for loan and lease losses	$406,000	1,996
Total noninterest income	$114,000	7,843
Gross Fiduciary activities income	$0	1,599
Service charges on deposit accounts	$175,000	4,936
Trading account gains and fees	$0	153
Additional Noninterest Income	$-61,000	9,223
Total noninterest expense	$1,401,000	6,173
Salaries and employee benefits	$673,000	6,594
Premises and equipment expense	$178,000	6,333
Additional noninterest expense	$550,000	5,324
Pre-tax net operating income	$-159,000	8,796
Securities gains (losses)	$0	4,204
Applicable income taxes	$0	7,524
Income before extraordinary items	$-159,000	8,870
Extraordinary gains, net	$0	40
Net income	$-159,000	8,871
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$414,000	1,359
Cash dividends	$0	5,519
Sale, conversion, retirement of capital stock, net	$0	722
Net operating income	$-159,000	8,804
2003-06-30 (YTD Data)		Rank
Total interest income	$1,613,000	6,400
Total interest expense	$608,000	5,793
Net interest income	$1,005,000	6,625
Provision for loan and lease losses	$0	7,324
Total noninterest income	$144,000	6,722
Gross Fiduciary activities income	$0	1,577
Service charges on deposit accounts	$115,000	4,936
Trading account gains and fees	$0	150
Additional Noninterest Income	$29,000	7,373
Total noninterest expense	$960,000	6,117
Salaries and employee benefits	$477,000	6,427
Premises and equipment expense	$109,000	6,544
Additional noninterest expense	$374,000	5,242
Pre-tax net operating income	$189,000	7,295
Securities gains (losses)	$0	3,782
Applicable income taxes	$49,000	5,928
Income before extraordinary items	$140,000	7,548
Extraordinary gains, net	$0	30
Net income	$140,000	7,550
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$107,000	2,402
Cash dividends	$0	5,215
Sale, conversion, retirement of capital stock, net	$0	589
Net operating income	$140,000	7,362
2003-03-31 (YTD Data)		Rank
Total interest income	$819,000	6,382
Total interest expense	$297,000	5,962
Net interest income	$522,000	6,524
Provision for loan and lease losses	$0	6,934
Total noninterest income	$70,000	6,722
Gross Fiduciary activities income	$0	1,504
Service charges on deposit accounts	$55,000	4,963
Trading account gains and fees	$0	134
Additional Noninterest Income	$15,000	7,351
Total noninterest expense	$444,000	6,381
Salaries and employee benefits	$200,000	6,979
Premises and equipment expense	$52,000	6,665
Additional noninterest expense	$192,000	5,116
Pre-tax net operating income	$148,000	6,486
Securities gains (losses)	$0	2,891
Applicable income taxes	$46,000	5,224
Income before extraordinary items	$102,000	6,860
Extraordinary gains, net	$0	21
Net income	$102,000	6,862
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$63,000	1,943
Cash dividends	$0	3,930
Sale, conversion, retirement of capital stock, net	$0	419
Net operating income	$102,000	6,695
2002-12-31 (YTD Data)		Rank
Total interest income	$3,271,000	6,562
Total interest expense	$1,332,000	6,089
Net interest income	$1,939,000	6,719
Provision for loan and lease losses	$40,000	6,915
Total noninterest income	$-14,000	9,328
Gross Fiduciary activities income	$0	1,713
Service charges on deposit accounts	$212,000	5,076
Trading account gains and fees	$0	153
Additional Noninterest Income	$-226,000	9,341
Total noninterest expense	$1,538,000	6,766
Salaries and employee benefits	$781,000	6,948
Premises and equipment expense	$104,000	8,116
Additional noninterest expense	$653,000	5,642
Pre-tax net operating income	$347,000	7,372
Securities gains (losses)	$0	4,537
Applicable income taxes	$34,000	6,771
Income before extraordinary items	$313,000	7,256
Extraordinary gains, net	$0	70
Net income	$313,000	7,255
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-52,000	9,156
Cash dividends	$0	6,377
Sale, conversion, retirement of capital stock, net	$0	862
Net operating income	$313,000	7,152
2001-12-31 (YTD Data)		Rank
Total interest income	$4,622,000	5,880
Total interest expense	$2,650,000	5,187
Net interest income	$1,972,000	6,475
Provision for loan and lease losses	$1,710,000	798
Total noninterest income	$254,000	6,828
Gross Fiduciary activities income	$0	1,731
Service charges on deposit accounts	$266,000	4,472
Trading account gains and fees	$0	177
Additional Noninterest Income	$-12,000	9,578
Total noninterest expense	$1,363,000	7,089
Salaries and employee benefits	$686,000	7,255
Premises and equipment expense	$97,000	8,354
Additional noninterest expense	$580,000	5,968
Pre-tax net operating income	$-847,000	9,303
Securities gains (losses)	$0	4,612
Applicable income taxes	$-14,000	9,028
Income before extraordinary items	$-833,000	9,367
Extraordinary gains, net	$0	105
Net income	$-833,000	9,368
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,396,000	741
Cash dividends	$0	6,617
Sale, conversion, retirement of capital stock, net	$497,000	505
Net operating income	$-833,000	9,332
2000-12-31 (YTD Data)		Rank
Total interest income	$4,124,000	6,385
Total interest expense	$2,289,000	5,844
Net interest income	$1,835,000	6,856
Provision for loan and lease losses	$471,000	1,994
Total noninterest income	$298,000	6,324
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$199,000	5,102
Trading account gains and fees	NA	NA
Additional Noninterest Income	$99,000	6,458
Total noninterest expense	$1,150,000	7,630
Salaries and employee benefits	$570,000	7,865
Premises and equipment expense	$98,000	8,483
Additional noninterest expense	$482,000	6,559
Pre-tax net operating income	$512,000	6,936
Securities gains (losses)	$0	1,956
Applicable income taxes	$51,000	7,210
Income before extraordinary items	$461,000	6,531
Extraordinary gains, net	$0	38
Net income	$461,000	6,529
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$24,000	5,771
Cash dividends	$0	6,853
Sale, conversion, retirement of capital stock, net	$431,000	558
Net operating income	$461,000	6,542
1999-12-31 (YTD Data)		Rank
Total interest income	$666,000	9,869
Total interest expense	$261,000	9,853
Net interest income	$405,000	9,815
Provision for loan and lease losses	$273,000	2,885
Total noninterest income	$108,000	8,699
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$20,000	8,498
Trading account gains and fees	NA	NA
Additional Noninterest Income	$88,000	6,924
Total noninterest expense	$667,000	9,123
Salaries and employee benefits	$355,000	9,157
Premises and equipment expense	$95,000	8,719
Additional noninterest expense	$217,000	8,870
Pre-tax net operating income	$-427,000	9,802
Securities gains (losses)	$0	3,155
Applicable income taxes	$0	8,765
Income before extraordinary items	$-427,000	9,865
Extraordinary gains, net	$0	35
Net income	$-427,000	9,862
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	7,897
Cash dividends	$0	7,131
Sale, conversion, retirement of capital stock, net	$4,393,000	285
Net operating income	$-427,000	9,843

* 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.