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 Cornerstone Bank
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Cornerstone Bank
| RSSD ID 447100 | CERTIFICATE 90282 | ABA NUMBER 211371735 |
| 176 Main St |
Quarter Ended : |
2026-03-31 |
| Spencer, Massachusetts, 1562 |
Updated : |
2026-05-12 |
| www.cornerstonebank.com |
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| Institution Profile |
| Year Opened : |
1871 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
17 |
Number of Employees : |
242 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,396,023 |
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Total Interest Income | 28,515 |
| Total Liabilities | 2,166,779 |
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Total NonInterest Income | 4,281 |
| Total Bank Equity Capital | 229,244 |
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Total Interest Expense | 11,198 |
| Total Deposits | 1,949,984 |
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Total NonInterest Expense | 17,894 |
| Net Loans & Leases | 1,856,697 |
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Net Income | 4,053 |
| Loan Loss Allowance | 8,422 |
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Net Charge Offs | 81 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 230,500 |
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Total loans | 1,848,058 |
| Total assets for the leverage ratio | 2,400,302 |
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Loans secured by real estate: | 1,656,495 |
| Tier 1 Leverage Ratio | 9.23 |
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Commercial and industrial loans | 84,191 |
| Tier 1 Capital Ratio | 12.51 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13 |
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Loans to individuals - Other | 104,768 |
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:· Cornerstone Bank
