Cornerstone Bank

Clarinda, IA
IDRSSD: 843476
Total Assets
$45.47M
Latest filing
Total Deposits
$38.11M
Latest filing
Net Interest Margin
3.96%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

273970941CLARINDA, IA

Key People

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Locations

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Main Office
Cornerstone Bank
123 E Main St
Clarinda, IA 51632
Full Service - Brick and Mortar
Updated 04/10/2026Established 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

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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

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 Updated04/10/2026
CERT30067
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$45.47M
Total Deposits$38.11M
Total Liabilities$38.92M
Total Equity Capital$6.54M
Net Income$86.00k
Net Loans and Leases$26.21M
Assets Per Employee ($Millions)$7.58M
Bank Premises and Fixed Assets$311.00k
Cash and Balances due from Depository Institutions$12.75M
Deposits Held in Domestic Offices$38.11M

Key Performance Ratios

Return on Assets (ROA)0.76%
Return on Equity (ROE)5.29%
Net Interest Margin3.96%
Efficiency Ratio75.96%
Tier 1 Risk-Based Capital Ratio31.566%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.01%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets14.393%
Earning Assets to total Assets91.55%

Income and Expense

Total Interest Income$604.00k
Total Noninterest Income$33.00k
Total Interest Expense$196.00k
Total Noninterest Expense$335.00k
Net Interest Income$408.00k
Pre-tax Net Operating Income$105.00k
Provision for Credit Losses$1.00k
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$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$810.00k
Total Liabilities and Capital$45.47M

Securities

Securities$3.96M
Available-for-sale debt securities$3.96M
Equity securities with readily determinable fair values not held for trading
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?
$45.47M as of the latest filing.
How much are Cornerstone Bank's total deposits?
$38.11M in total deposits.
Where is Cornerstone Bank located?
Clarinda, IA.
What is the Net Interest Margin?
3.96%.
How many domestic offices does it operate?
1.
When was it established?
01/01/1897.
What is the Return on Assets (ROA)?
0.76%.
How much are total loans and leases?
$26.21M (latest filing).
What is the total interest income (latest filing)?
$604.00k.