Cornerbank
Winfield, KS — Domestic Branch of a Domestic Bank
Acquired Jul 2016
Vitals
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Total Assets263.6M -9.6 %
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Total Deposits230.0M -9.3 %
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Total Net Loans159.4M 1.9 %
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Net Income1.8M 72.6 %
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Book Value26.3M 6.8 %
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Book Value x252.7M 6.8 %
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Book Value x379.0M 6.8 %
Balance Sheet Highlights
Financial Highlights | Cornerbank | All Insured Commercial Banks in Kansas |
Balance Sheet $(000) | ||
Total Assets | 263,645 | 157,061 |
Total Net Loans | 159,407 | 94,339 |
Total Deposits | 230,003 | 126,627 |
Total Equity | 26,329 | 18,200 |
Profitability | ||
Net Income | 1,766 | 855 |
Return on Average Assets | 1.291 | 1.005 |
Return on Average Equity | 13.68 | 8.947 |
Net Interest Margin | 3.538 | 3.681 |
Efficiency Ratio | 83.416 | 67.157 |
Noninterest Income/Revenue | 21.877 | 14.604 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 69.307 | 72.548 |
Securities/Assets | .309 | .25 |
Total Equity/Total Assets | .1 | .116 |
Tangible Equity/Tangible Assets | .1 | .113 |
Capital Adequacy | ||
Tier 1 Common Capital | 25,625 | 16,789 |
Tier 1 Capital | 25,625 | 16,792 |
Tier 2 Capital | 2,211 | 1,235 |
Total Capital | 27,836 | 18,060 |
Total Risk Weighted Assets | 180,195 | 109,927 |
Leverage Ratio | 9.52 | 10.892 |
Common Equity Tier 1 Capital Ratio | 14.22 | 16.868 |
Tier 1 Capital Ratio | 14.22 | 16.877 |
Total Capital Ratio | 15.45 | 18.034 |
Timeline for Cornerbank
Right Angle Internet And Networking, Inc.
Right Angle Internet And Networking, Inc. became a new subsidiary organization for Cornerbank.
View Profile Feb 21 2006First National Investment Management Company
First National Investment Management Company became a new subsidiary organization for Cornerbank.
View Profile Jan 01 1998The Exchange State Bank
Acquisition: Cornerbank acquired a new subsidiary, The Exchange State Bank, 26 years
View Profile Aug 23 1997The Oxford Bank
Acquisition: Cornerbank acquired a new subsidiary, The Oxford Bank, 32 years
View Profile Jul 27 1991Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Rcb Bank | Buyer | 2,859,466 | Acquisition | Discontinued | 7/30/2016 |
The Exchange State Bank | Seller | 16,099 | Pooling of Interests | Discontinued | 8/23/1997 |
The Oxford Bank | Seller | 8,413 | Discontinued | 7/27/1991 |
Relationships | Role | Relationship Start | Relationship End |
Cornerstone Alliance, Ltd. | Parent | 11/14/1982 | 7/29/2016 |
Right Angle Internet And Networking, Inc. | Subsidary | 6/30/2007 | 12/4/2008 |
Right Angle Internet And Networking, Inc. | Subsidary | 2/21/2006 | 6/29/2007 |
First National Investment Management Company | Subsidary | 1/1/1998 | 6/30/1998 |
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