CornerStone State Bank
Major Rating Factors:
Excellent current capitalization (8.9 on a scale of 0 to 10) and a capital leverage ratio of 10.3. A current level of 2.5 percent of nonperforming loans to core capital combined with 6.5 percent from a year earlier contributes to the Good asset quality (6.1).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.4 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.7 has resulted in Fair (3.2) profitability.
Asset Mix:
Securities (30%), home mtgs (27%), comm re (11%), consumer loans (5%), home eq lns (4%), comm loans (3%), cash (3%), other (16%)
States with Branches:
MN
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
CornerStone Bancorporation, Inc.
Investment Rating
--
Address
401 Fourth Street, NW
Montgomery, MN 56069
Montgomery, MN 56069
Phone Number
(507) 364-2265
Year Founded
1974
FDIC Number
Largest Affiliates
No affiliate information available.