Vitals
  • Total Assets
    171.3M 20.0 %
  • Total Deposits
    153.4M 20.6 %
  • Total Net Loans
    97.1M 9.6 %
  • Net Income
    1.7M -4.6 %
  • Book Value
    16.5M 15.8 %
  • Book Value x2
    33.0M 15.8 %
  • Book Value x3
    49.5M 15.8 %
ROAA

1.011

ROAE

9.885

Efficiency Ratio

70.484

Net Interest Margin

3.634

Balance Sheet Highlights
Financial Highlights Cornerstone State Bank All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 171,294 147,703
Total Net Loans 97,057 97,223
Total Deposits 153,428 126,600
Total Equity 16,500 15,565
Profitability
Net Income 1,674 1,683
Return on Average Assets 1.011 1.08
Return on Average Equity 9.885 9.905
Net Interest Margin 3.634 3.845
Efficiency Ratio 70.484 68.21
Noninterest Income/Revenue 14.988 13.68
Balance Sheet Ratios
Loan-to-Deposit 63.259 75.205
Securities/Assets .292 .174
Total Equity/Total Assets .096 .105
Tangible Equity/Tangible Assets .092 .103
Capital Adequacy
Tier 1 Common Capital 17,162 15,225
Tier 1 Capital 17,162 15,232
Tier 2 Capital 1,601 1,135
Total Capital 18,763 16,386
Total Risk Weighted Assets 127,948 105,251
Leverage Ratio 10.23 10.475
Common Equity Tier 1 Capital Ratio 13.41 15.3
Tier 1 Capital Ratio 13.41 15.308
Total Capital Ratio 14.66 16.398

Timeline for Cornerstone State Bank

Peoples State Bank Of Madison Lake

Acquisition: Cornerstone State Bank acquired a new subsidiary, Peoples State Bank Of Madison Lake, 8 years

View Profile Mar 12 2016

Cornerstone Bancorporation, Inc.

Cornerstone Bancorporation, Inc. became a new parent organization for Cornerstone State Bank.

View Profile Aug 20 1980

Cornerstone State Bank

Cornerstone State Bank was established 50 years ago and is currently headquartered in Montgomery, MN.

Apr 08 1974
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Peoples State Bank Of Madison Lake Seller 24,663 Acquisition Discontinued 3/12/2016
Relationships Role Relationship Start Relationship End
Cornerstone Bancorporation, Inc. Parent 12/31/2014
Cornerstone Bancorporation, Inc. Parent 12/31/2002 12/30/2014
Cornerstone Bancorporation, Inc. Parent 10/25/2002 12/30/2002
Cornerstone Bancorporation, Inc. Parent 3/25/2001 10/24/2002
Cornerstone Bancorporation, Inc. Parent 10/10/1997 3/24/2001
Cornerstone Bancorporation, Inc. Parent 12/31/1989 10/9/1997
Cornerstone Bancorporation, Inc. Parent 12/31/1983 12/30/1989
Cornerstone Bancorporation, Inc. Parent 8/20/1980 12/30/1983
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