Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
115 West A Street
Watonga, OK 73772

Cornerstone Bank (OK) is headquartered in Watonga and is the 102nd largest bank in the state of Oklahoma. It is also the 3,728th largest bank in the nation. It was established in 1928 and as of March of 2014, it had grown to 45 employees at 3 locations. Cornerstone Bank (OK) has a A health rating.

Related Posts

No reviews have been left for this bank yet. Be the first to review.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Cornerstone Bank (OK) had $417,000 in non-current loans and owned real-estate with $12.18 million in equity and loan loss allowances on hand to cover it. This gives Cornerstone Bank (OK) a Texas Ratio of 3.42% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Cornerstone Bank (OK) experienced no significant changes from 1.96% as of March 31, 2013 to 3.42% as of March 31, 2014, resulting in a negative change of 74.82%. This indicates that the balance sheet and financial strength for Cornerstone Bank (OK) has had no significant changes in recent periods.

Deposit Growth


In the past year, Cornerstone Bank (OK) has increased its total deposits by $10.64 million, resulting in 8.52% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Cornerstone Bank (OK) has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Cornerstone Bank (OK) has $149.19 million in assets with $12.18 million in equity, resulting in a capitalization level of 8.17%, which is average.

Institution Statistics

FDIC Certificate #2318
Year Established1928
Primary RegulatorFDIC
Assets and Liabilities
Assets$149.19 million
Loans$55.66 million
Deposits$135.49 million
Equity Capital$11.34 million
Loan Loss Allowance$843,000
Unbacked Noncurrent Loans$417,000
Real Estate Owned$0
Historic Data - March 2013
Assets$137.74 million
Equity Capital$10.57 million
Loan Loss Allowance$766,000
Unbacked Noncurrent Loans$417,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin3.27%
Return on Assets0.4%
Return on Equity5.31%
Interest Income$1.27 million

Sorry, we do not have rate data for Cornerstone Bank (OK)


Cornerstone Bank (OK) Locations
Cornerstone Bank115 West A StreetWatonga, OK 73772
Geary Branch133 South BroadwayGeary, OK 73040
Mustang Branch1408 N. Mustang RoadMustang, OK 73064