Overview / Commentary
712-542-2103
123 East Main Street
Clarinda, IA 51632

Cornerstone Bank (IA) is headquartered in Clarinda and is the 267th largest bank in the state of Iowa. It is also the 5,285th largest bank in the nation. It was established in 1897 and as of March of 2018, it had grown to 7 employees at 1 location. Cornerstone Bank (IA)'s money market rates are 4X the national average, and it has a B health rating.

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Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Cornerstone Bank (IA) has a low asset base.

Health Grade Components

Overall
FDIC Certificate #30067
Year Established1897
Employees7
Primary RegulatorFED
Profit Margin
Return on Assets - YTD-0.64%
Return on Equity - YTD-4.47%
Annual Interest Income$337.00K
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$38.8MM$39.2MM
LoansQ1 2018vs Q1 2017$22.5MM$21.7MM
DepositsQ1 2018vs Q1 2017$32.5MM$33.2MM
Equity CapitalQ1 2018vs Q1 2017$5.5MM$5.5MM
Loan Loss AllowanceQ1 2018vs Q1 2017$141.00K$113.00K
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$227.00K$251.00K
Real Estate OwnedQ1 2018vs Q1 2017$65.00K$9.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Cornerstone Bank (IA) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--Passbook Savings

Cornerstone Bank (IA) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%*$150k*-Money Market Deposit Account (MMDA)
OTHER TIERS: 0.10% Up to $1k | 0.55% $1k - $25k | 0.75% $25k - $50k | 0.80% $50k - $150k

Cornerstone Bank (IA) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$500-Interest Checking

Cornerstone Bank (IA) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.47%$1k-48 Month CD
2.37%$1k-30 Month CD
2.37%$1k-36 Month CD
2.32%$1k-24 Month CD
2.12%$1k-18 Month CD
1.76%$1k-21 Month CD
1.71%*$5k*-15 Month CD
OTHER TIERS: 1.30% $1k - $10k
1.25%$1k-12 Month CD
0.80%$1k-6 Month CD
0.55%$1k-3 Month CD
0.50%$1k-7 Month CD
0.50%$1k-9 Month CD
Locations


Cornerstone Bank (IA) Locations
Page County Federal Savings Association123 East Main StreetClarinda, IA 51632

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