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Cornerstone Bank (NJ)


Overview / Commentary
www.cornerstonebank.net
856-638-0300
6000 Midlantic Drive Suite 120 South
Mount Laurel, NJ 08054

Cornerstone Bank (NJ) is headquartered in Moorestown and is the 47th largest bank in the state of New Jersey. It is also the 2,460th largest bank in the nation. It was established in 1999 and as of June of 2022, it had grown to 68 employees at 6 locations. Cornerstone Bank (NJ) has an A health rating.

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Health
A

Data as of Q2 2022

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Health Grade Components

Overall
FDIC Certificate #35286
Year Established1999
Employees68
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-0.3%
Return on Equity - YTD-3.24%
Annual Interest Income$4.2MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$302.6MM$287.4MM
LoansQ2 2022vs Q2 2021$206.7MM$182.6MM
DepositsQ2 2022vs Q2 2021$270.9MM$259.7MM
Equity CapitalQ2 2022vs Q2 2021$28.3MM$22.6MM
Loan Loss AllowanceQ2 2022vs Q2 2021$1.5MM$1.4MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$950.00K$616.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$2.8MM
Rates

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Locations


Cornerstone Bank (NJ) Locations
Burlington City Branch115 East Broad StreetBurlington City, NJ 08016
West Deptford Branch1201 North Broad StreetWest Deptford, NJ 08096
Voorhees Branch133 Route 73Voorhees, NJ 08043
Cherry Hill Branch1405 Route 70Cherry Hill, NJ 08034
Medford Branch170 Himmelein RoadMedford, NJ 08055
Cornerstone Bank253 W Main StMoorestown, NJ 08057
Corporate office6000 Midlantic Dr Suite 120 SMount Laurel, NJ 08054

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