Cornerstone Bank, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Cornerstone Bank was originally chartered in 1902 under the name "First National Bank of West Union" as a national banking association serving primarily the citizens of Doddridge, Harrison, and Ritchie Counties in the state of West Virginia.

On December 1, 2006 the "First National Bank of West Union" was converted from a national bank charter to a West Virginia state charter bank and renamed Cornerstone Bank. Cornerstone Bank employees have 356 years of combined banking experience, serving the financial service needs of its community by offering retail and commercial loans along with deposit service products.

Cornerstone Bank
101 West Main Street,
West Union WV
26456
Toll Free: 800-339-9927
Phone: 304-873-2401
Fax: 304-873-2427
Monday-Thursday: 9:00 - 3:00
Friday: 9:00 - 6:00
Saturday: 9:00 - 12:00

Pennsboro Location
4377 Lamberton Road
Pennsboro, WV
26415
Toll Free: 800-339-9927
Phone: 304-659-2973
Fax: 304-659-2975
Monday-Thursday: 9:00 - 3:00
Friday: 9:00 - 6:00
Saturday: 9:00 - 12:00

Salem Location
150 East Main Street
Salem, WV
26426
Toll Free: 800-339-9927
Phone: 304-782-2555
Fax: 304-782-2648
Monday-Thursday: 9:00 - 3:00
Friday: 9:00 - 6:00
Saturday: 9:00 - 12:00