Cornerstone State Bank

Cornerstone State Bank is headquartered in Montgomery and is the 145^th largest bank in the state of Minnesota. It is also the 4,493^rd largest bank in the nation. It was established in 1974 and as of March of 2012, it had grown to 29 employees at 5 locations. Cornerstone State Bank's savings rates are 83% higher than the national average, and it has a 3-star health rating.

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Data for Q1 2012

Institution Statistics Cornerstone State Bank FDIC Certificate # 21525 BankRate Report View Year Established 1974 Employees 29 Primary Regulator FDIC Assets and Liabilities Assets $118.83 million Loans $80.24 million Deposits $106.52 million Equity Capital $11.88 million Loan Loss Allowance $1.89 million Unbacked Noncurrent Loans $2.65 million Real Estate Owned $465,000 Historic Data - March 2011 Assets $118.13 million Equity Capital $10.96 million Loan Loss Allowance $1.61 million Unbacked Noncurrent Loans $1.09 million Real Estate Owned $1.35 million Profit Margin - Quarterly Net Interest Margin 4.94% Return on Assets 1.34% Return on Equity 13.31% Interest Income $1.53 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Cornerstone State Bank had $3.11 million in non-current loans and owned real-estate with $13.77 million in equity and loan loss allowances on hand to cover it. This gives Cornerstone State Bank a Texas Ratio of 22.61% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Cornerstone State Bank held steady from 19.42% as of March 31, 2011 to 22.61% as of March 31, 2012, resulting in a negative change of 16.45%. This indicates that the balance sheet and financial strength for Cornerstone State Bank has held steady in recent periods. Deposit Growth In the past year, Cornerstone State Bank has increased its total deposits by $504,000, resulting in 0.48% 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 State Bank has shown is average. Capitalization 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 State Bank has $118.83 million in assets with $13.77 million in equity, resulting in a capitalization level of 11.59%, which is above average.

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