Vitals
  • Total Assets
    440.3M 6.1 %
  • Total Deposits
    348.8M 12.9 %
  • Total Net Loans
    319.4M 9.4 %
  • Net Income
    1.6M -16.0 %
  • Book Value
    40.8M 2.7 %
  • Book Value x2
    81.6M 2.7 %
  • Book Value x3
    122.5M 2.7 %
ROAA

1.127

ROAE

12.096

Efficiency Ratio

57.244

Net Interest Margin

4.951

Balance Sheet Highlights
Financial Highlights Cornerstone Community Bank All Insured Commercial Banks in Tennessee
Balance Sheet $(000)
Total Assets 440,309 316,761
Total Net Loans 319,357 212,211
Total Deposits 348,767 266,280
Total Equity 40,824 34,159
Profitability
Net Income 1,632 2,956
Return on Average Assets 1.127 .856
Return on Average Equity 12.096 7.94
Net Interest Margin 4.951 4.016
Efficiency Ratio 57.244 71.67
Noninterest Income/Revenue 9.602 16.498
Balance Sheet Ratios
Loan-to-Deposit 91.567 75.849
Securities/Assets .156 .182
Total Equity/Total Assets .093 .108
Tangible Equity/Tangible Assets .087 .105
Capital Adequacy
Tier 1 Common Capital 39,717 32,287
Tier 1 Capital 39,717 32,491
Tier 2 Capital 560 2,443
Total Capital 40,277 34,932
Total Risk Weighted Assets 344,490 225,040
Leverage Ratio 9.05 10.433
Common Equity Tier 1 Capital Ratio 11.53 15.268
Tier 1 Capital Ratio 11.53 15.34
Total Capital Ratio 11.69 16.447

Timeline for Cornerstone Community Bank

Smartbank

Cornerstone Community Bank was acquired by Smartbank 8 years

View Profile Feb 27 2016

Eagle Financial, Inc.

Eagle Financial, Inc. became a new subsidiary organization for Cornerstone Community Bank.

View Profile Jun 30 2009

East Ridge Branch

Acquisition: Cornerstone Community Bank acquired a new subsidiary, East Ridge Branch , 26 years

View Profile Oct 15 1997

Smartfinancial, Inc.

Smartfinancial, Inc. became a new parent organization for Cornerstone Community Bank.

View Profile Oct 15 1997

Carter County Bancorp

Carter County Bancorp became a new parent organization for Cornerstone Community Bank.

View Profile Apr 19 1996

Want to see more?

Complete timeline for Cornerstone Community Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Smartbank Buyer 1,037,584 Pooling of Interests Discontinued 2/27/2016
East Ridge Branch Seller Acquisition Discontinued 10/15/1997
Relationships Role Relationship Start Relationship End
Smartfinancial, Inc. Parent 10/15/1997 2/26/2016
Banctenn Corp. Parent 6/12/1997 10/14/1997
Banctenn Corp. Parent 4/15/1996 6/11/1997
Carter County Bancorp Parent 4/19/1996 6/10/1997
Banctenn Corp. Parent 3/22/1996 4/14/1996
Eagle Financial, Inc. Subsidary 6/30/2009 11/30/2011
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