CornerStone Bank is headquartered in FARGO and is the 10th largest bank in the state of North Dakota. It is also the 702nd largest bank in the nation. It was established in 1907 and as of September of 2024, it had grown to 205 employees at 12 locations. CornerStone Bank has a B+ health rating.
Overall | |
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FDIC Certificate # | 13198 |
Year Established | 1907 |
Employees | 205 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.44% |
Return on Equity - YTD | 23.26% |
Annual Interest Income | $60.7MM |
Assets and Liabilities | ||
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Assets | Q3 2024vs Q3 2023 | $1.62B$1.49B |
Loans | Q3 2024vs Q3 2023 | $1.17B$1.03B |
Deposits | Q3 2024vs Q3 2023 | $1.45B$1.36B |
Equity Capital | Q3 2024vs Q3 2023 | $106.9MM$74.8MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $15.2MM$16.6MM |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $2.9MM$10.3MM |
Real Estate Owned | Q3 2024vs Q3 2023 | $0$1.5MM |
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