Cornerstone Bank
Spencer, MA
IDRSSD: 447100
Total Assets
$1.82B
Latest filing
Total Deposits
$1.42B
Latest filing
Net Interest Margin
2.65%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
211371735SOUTHBRIDGE, MA
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Cornerstone Bank
176 Main St
Spencer, MA 01562
Full Service - Brick and Mortar
Updated 01/30/2026Established 04/05/1871FDIC Certificate 17872
Branches (16)
Page 1 of 3| Name | Address | City / State |
|---|---|---|
| Cornerstone Bank (Main) | 176 Main St | Spencer, MA |
| SOUTHBRIDGE BR | 253 Main St | Southbridge, MA |
| ATHOL SAVINGS BANK BRANCH | 388 Main St | Athol, MA |
| WINCHENDON BRANCH | 112 Central St | Winchendon, MA |
| WEST BOYLSTON STREET BRANCH | 70 W Boylston St | Worcester, MA |
| WEBSTER BRANCH | 86 Worcester Rd | Webster, MA |
| ASHBURNHAM BRANCH | 52 Main St | Ashburnham, MA |
| STURBRIDGE BRANCH | 200 Charlton Rd | Sturbridge, MA |
Showing 7 of 16
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 04/05/1871 |
| Community Bank | No |
| Ownership Type | Not Mutual |
| ZIP | 01562 |
| State and County Number | 25027 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 01 |
| Numeric code | 15 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | New York |
| Core Based Statistical Area Name | Worcester, MA-CT |
Operational Info
| Number of Employees | 195 |
| Domestic Offices | 12 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 01/01/2026 |
| Date of Deposit Insurance | 07/08/1985 |
| Primary Insurance Agency | DIF |
| Website | www.cornerstonebank.com |
| Data Updated | 01/30/2026 |
| CERT | 90282 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $1.82B |
| Total Deposits | $1.42B |
| Total Liabilities | $1.66B |
| Total Equity Capital | $159.65M |
| Net Income | $4.89M |
| Net Loans and Leases | $1.45B |
| Assets Per Employee ($Millions) | $10.11M |
| Bank Premises and Fixed Assets | $35.69M |
| Cash and Balances due from Depository Institutions | $98.12M |
| Deposits Held in Domestic Offices | $1.42B |
Key Performance Ratios
| Return on Assets (ROA) | 1.09% |
| Return on Equity (ROE) | 12.45% |
| Net Interest Margin | 2.65% |
| Efficiency Ratio | 93.52% |
| Tier 1 Risk-Based Capital Ratio | 12.442% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | -1.09% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.773% |
| Earning Assets to total Assets | 91.91% |
Income and Expense
| Total Interest Income | $20.46M |
| Total Noninterest Income | $2.91M |
| Total Interest Expense | $9.61M |
| Total Noninterest Expense | $12.88M |
| Net Interest Income | $10.85M |
| Pre-tax Net Operating Income | $5.79M |
| Provision for Credit Losses | $-4,903,000 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $211.32M |
| Federal Funds Sold & Reverse Repurchase Agreement | $3.40M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $31.55M |
| Total Liabilities and Capital | $1.82B |
Securities
| Securities | $138.37M |
| Available-for-sale debt securities | $138.34M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $38.00k |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Cornerstone Bank?
$1.82B as of the latest filing.
How much are Cornerstone Bank's total deposits?
$1.42B in total deposits.
Where is Cornerstone Bank located?
Spencer, MA.
What is the Net Interest Margin?
2.65%.
How many domestic offices does it operate?
12.
When was it established?
04/05/1871.
What is the Return on Assets (ROA)?
1.09%.
How much are total loans and leases?
$1.45B (latest filing).
What is the total interest income (latest filing)?
$20.46M.