Cornerstone State Bank

Cornerstone State Bank
401 4th St Nw
Montgomery, MN 56069

Status: Active
Concentration:Mortgage Lending Specialization
Established:04/08/1974
FDIC Insurance:04/08/1974
FDIC Cert:#21525
Holden By:CORNERSTONE BCORP INC
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:7, ranked #1369
Website:WWW.CORNERSTONESTATEBANK.COM
Total Assets:$228,156,000, ranked #2857
Total Deposits:$207,747,000, ranked #2743
Total Equity Capital:$14,326,000, ranked #3440
Total Domestic Deposits:$207,747,000, ranked #2743
Net Income:$1,494,000, ranked #3074
Quarterly Net Income:$235,000, ranked #3233
Return on Assets:1%, ranked #943
Return on Equity:12%, ranked #1812
Quarterly Return on Equity:8%, ranked #2464

Financial Information (2023-12-31 and Older)