|
 |
|
|
 Cornerstone State Bank
Cornerstone State Bank
| RSSD ID 914853 | CERTIFICATE 21525 | ABA NUMBER 91905059 |
| 401 4th St Nw |
Quarter Ended : |
2025-06-30 |
| Montgomery, Minnesota, 56069 |
Updated : |
2025-08-06 |
| WWW.CORNERSTONESTATEBANK.COM |
|
| Institution Profile |
| Year Opened : |
1974 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
|
| Specialization : |
All Other Under 1 Billion |
| Number of Offices : |
7 |
Number of Employees : |
41 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 235,406 |
|
Total Interest Income | 5,263 |
| Total Liabilities | 219,127 |
|
Total NonInterest Income | 626 |
| Total Bank Equity Capital | 16,279 |
|
Total Interest Expense | 2,015 |
| Total Deposits | 214,001 |
|
Total NonInterest Expense | 2,934 |
| Net Loans & Leases | 145,560 |
|
Net Income | 564 |
| Loan Loss Allowance | 1,360 |
|
Net Charge Offs | 571 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
|
Total loans | 149,655 |
| Total assets for the leverage ratio | 240,603 |
|
Loans secured by real estate: | 126,574 |
| Tier 1 Leverage Ratio | 10.07 |
|
Commercial and industrial loans | 8,187 |
| Off Balance Sheet Exposures (%) | 1.85 |
|
Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
|
Loans to individuals - Other | 12,589 |
|
|
|
|
:· Cornerstone State Bank
