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115 West A Street
Watonga, OK 73772

Cornerstone Bank (OK) is headquartered in Watonga and is the 101st largest bank in the state of Oklahoma. It is also the 3,690th largest bank in the nation. It was established in 1928 and as of June of 2014, it had grown to 44 employees at 3 locations. Cornerstone Bank (OK) has a A health rating.

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Data for Q2 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 June 30, 2014 Cornerstone Bank (OK) had $382,000 in non-current loans and owned real-estate with $12.77 million in equity and loan loss allowances on hand to cover it. This gives Cornerstone Bank (OK) a Texas Ratio of 2.99% 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) decreased dramatically from 6.40% as of June 30, 2013 to 2.99% as of June 30, 2014, resulting in a positive change of 53.25%.This indicates that the balance sheet and financial strength for Cornerstone Bank (OK) has improved dramatically in recent periods.

Deposit Growth


In the past year, Cornerstone Bank (OK) has increased its total deposits by $10.34 million, resulting in 8.25% 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 $150.25 million in assets with $12.77 million in equity, resulting in a capitalization level of 8.50%, which is average.

Institution Statistics

FDIC Certificate #2318
Year Established1928
Primary RegulatorFDIC
Assets and Liabilities
Assets$150.25 million
Loans$54.41 million
Deposits$135.71 million
Equity Capital$11.94 million
Loan Loss Allowance$837,000
Unbacked Noncurrent Loans$382,000
Real Estate Owned$0
Historic Data - June 2013
Assets$136.38 million
Equity Capital$9.36 million
Loan Loss Allowance$752,000
Unbacked Noncurrent Loans$382,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.55%
Return on Equity7.21%
Interest Income$2.55 million

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