Cornerstone Bank

Clarinda, IA
IDRSSD: 843476
Total Assets
$45.96M
Latest filing
Total Deposits
$36.83M
Latest filing
Net Interest Margin
3.48%
Profitability

Locations

Main office and branches. Select to view on the map.

Open map →
Main Office
Cornerstone Bank
123 E Main St
Clarinda, IA 51632
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1897FDIC Certificate 42901

Branches (0)

Page 1 of 1
NameAddressCity / State
No branch data available.
Cornerstone Bank (Main)123 E Main StClarinda, IA

Quarterly Trends

Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).

Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date01/01/1897
Community BankYes
Ownership TypeNot Mutual
ZIP51632
State and County Number19145
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number07
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameN/A

Operational Info

Number of Employees7
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance08/09/1989
Primary Insurance AgencyDIF
Websitewww.cornerstonebankia.com
Data Updated11/14/2025
CERT30067
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$45.96M
Total Deposits$36.83M
Total Liabilities$39.59M
Total Equity Capital$6.37M
Net Income$82.00k
Net Loans and Leases$27.27M
Assets Per Employee ($Millions)$7.66M
Bank Premises and Fixed Assets$309.00k
Cash and Balances due from Depository Institutions$10.86M
Deposits Held in Domestic Offices$36.83M

Key Performance Ratios

Return on Assets (ROA)0.7%
Return on Equity (ROE)5.2%
Net Interest Margin3.48%
Efficiency Ratio75.37%
Tier 1 Risk-Based Capital Ratio29.606%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets13.864%
Earning Assets to total Assets93.99%

Income and Expense

Total Interest Income$629.00k
Total Noninterest Income$30.00k
Total Interest Expense$253.00k
Total Noninterest Expense$306.00k
Net Interest Income$376.00k
Pre-tax Net Operating Income$100.00k
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$2.76M
Total Liabilities and Capital$45.96M

Securities

Securities$5.72M
Available-for-sale debt securities$5.72M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Cornerstone Bank?
$45.96M as of the latest filing.
How much are Cornerstone Bank's total deposits?
$36.83M in total deposits.
Where is Cornerstone Bank located?
Clarinda, IA.
What is the Net Interest Margin?
3.48%.
How many domestic offices does it operate?
1.
When was it established?
01/01/1897.
What is the Return on Assets (ROA)?
0.7%.
How much are total loans and leases?
$27.27M (latest filing).
What is the total interest income (latest filing)?
$629.00k.