Cornerstone State Bank, Financial Information

About Cornerstone State Bank

 Address:
401 Fourth St Nw
Montgomery, MN
Le Sueur County, Minnesota
 Established:
Apr 1974
 Number of domestic offices:
7
Total assets$214M
Net income$2M
Net income, quarterly$1M
Total deposits$189M
Domestic deposits$189M
Equity capital$23M
ROA1.22%
ROAQ, quarterly1.28%
ROA, pretax1.28%
ROAQ, quarterly, pretax1.28%
ROE10.78%
ROEQ, quarterly11.86%
UpdatedMay 20, 2021

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.