CS Bank, Financial Information

About CS Bank

 Address:
70 South Main Street
Eureka Springs, AR
Carroll County, Arkansas
 Established:
May 1912
 Number of domestic offices:
6
Agriculture bank
Total assets$431M
Net income$7M
Net income, quarterly$2M
Total deposits$360M
Domestic deposits$360M
Equity capital$39M
ROA1.73%
ROAQ, quarterly1.96%
ROA, pretax1.96%
ROAQ, quarterly, pretax1.96%
ROE21.8%
ROEQ, quarterly23.74%
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.

The Cornerstone Bank story began on May 4, 1912, when Bank of Eureka Springs was chartered. The bank survived several panics, the Great Depression, and two World Wars. In 1946, it was the only bank remaining in Eureka Springs out of a half dozen or more started since the town's founding in 1879.

The first branch in the county was opened at the New Town location on Highway 62 East in 1980 and the first financial institution branch at Holiday Island in 1985.

In December of 2003, the Financial Center in Eureka Springs opened for business, providing a full-service banking facility, including an internet café, brokerage services and training facility that is utilized by local organizations.

In February 2006, a new Holiday Island branch was opened, which is another state-of-the art facility equipped with full-service banking, lending, brokerage services, an internet café and training facility.

In the Spring of 2008, the Bank of Eureka Springs announced its intention to change its name to Cornerstone Bank. The name Cornerstone Bank was chosen because it demonstrates the bank's long history and strong foundation, while representing the institution's desire to grow with innovative and progressive products and services.

In Fall 2008, Bank of Eureka Springs officially changed its name to Cornerstone Bank. Along with the name change, in Spring 2009, the Bank opened another state-of-the art facility in Berryville. The new name allows for greater expansion capability, and greater cohesion for differing markets. The Bank has plans to open additional facilities in other markets in the future. It will be one bank, with one name, offering more locations and more convenience.

P.O. Box 309 - Eureka Springs, AR 72632
Phone: 479-253-BANK (2265)
Fax: (Data Center) 479-253-1165
Fax: (Deposit Services) 479-253-2325
Fax: (Loan Department) 479-253-6947
Fax: (2ndary Market) 479-253-1164
BankLink 24-Hour Acct. Info: 479-253-889