The Corner Stone Bank in South West City, Missouri (MO)



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The Corner Stone Bank routing number info

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The Corner Stone Bank
GeneralFDIC Certificate #: 9388
Status: Active
Federal Reserve ID: 312356
Date Established: January 01, 1898
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 6031
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 117 North Main, South West City, MO 64863
County: Mcdonald
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Springfield Mo
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Fayetteville-Springdale-Rogers, AR-MO (#22220)
CBSA Metro Statistical Area: Fayetteville-Springdale-Rogers, AR-MO (#22220)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $128.7 mil
Equity capital: $12.9 mil
Deposits held in domestic offices: $115.7 mil
Return on assets (ROA): 0.52% ($0.7 mil)
Quarterly return on assets: -0.12% (-$0.2 mil)
Return on Equity (ROE): 5.33% ($0.7 mil)
Quarterly return on equity: -1.16% (-$0.2 mil)
Net income: $0.7 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 0.52% ($669.3 mil)
Quarterly Pretax return on assets: -0.12% (-$154.4 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)51
Total assets$128,707
Cash and due from depository institutions$9,061
Interest-bearing balances$7,706
Securities$28,575
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$83,408
Loan loss allowance $1,730
Trading account assets$0
Bank premises and fixed assets$1,447
Other real estate owned$4,217
Goodwill and other intangibles$0
All other assets$1,999
Life insurance assets$128,707
Total liabilities and capital$115,832
Total liabilities$115,659
Total deposits$99,335
Interest-bearing deposits$115,659
Deposits held in domestic offices$99
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $173
All other liabilities $12,875
Total equity capital$12,875
Total bank equity capital$12,875
Perpetual preferred stock$0
Common stock$100
Surplus$900
Undivided profits $11,875
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $2,528
Earning assets $66
Long-term assets (5+ years) $1,343
Average Assets, year-to-date $119,689
Average Assets, quarterly $18,258
Volatile liabilities $130,690
Insider loans $130,392
FHLB advances $83,758
Loans and leases held for sale $130,328
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $12,428
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $4,032
Derivatives$91
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $8,209
Total interest expense $1,781
Net interest income $6,428
Provision for loan and lease losses $590
Total noninterest income $55
Fiduciary activities $0
Service charges on deposit accounts $449
Trading account gains & fees $0
Additional noninterest income -$394
Total noninterest expense $5,221
Salaries and employee benefits $2,798
Premises and equipment expense $450
Additional noninterest expense $1,973
Pre-tax net operating income $672
Securities gains (losses) $9
Applicable income taxes $0
Income before extraordinary items $681
Extraordinary gains - net $0
Net income attributable to bank $681
Net charge-offs $0
Cash dividends $681
Sale, conversion, retirement of capital stock, net $604
Net operating income $450
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets6.83%
Cost of funding earning assets 1.48%
Net interest margin 5.35%
Noninterest income to earning assets 0.05%
Noninterest expense to earning assets 4.34%
Net operating income to assets 0.51%
Return on assets (ROA) 0.52%
Pretax return on assets 0.52%
Return on equity (ROE) 5.33%
Retained earnings to average equity (YTD only) 1.81%
Net charge-offs to loans 0.68%
Credit loss provision to net charge-offs 97.68%
Efficiency ratio2.09%
Assets per employee$80,534
Cash dividends to net income (YTD only)2.52%
Condition Ratios (%)
Loss allowance to loans 66.08%
Loss allowance to noncurrent loans 2.03%
Noncurrent assets plus other real estate owned to assets 68.43%
Noncurrent loans to loans 5.24%
Net loans and leases to deposits2.97%
Net loans and leases to core deposits 72.12%
Equity capital to assets 75.28%
Core capital (leverage) ratio 10.00%
Tier 1 risk-based capital ratio 9.54%
Total risk-based capital ratio 14.84%
Memoranda
Average assets$16
Average earning assets$130,690
Average equity $12,767
Average loans $120,251
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4 Missouri Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
06031The Corner Stone Bank117 North Main, South West City, MO 64863January 01, 1898Full Service Brick and Mortar
1220019Nw Corner BranchSeneca Street And Highway 76, Tiff City, MO 64868November 12, 1986Full Service Brick and Mortar
2220020Lanagan BranchMissouri Highway 59 And Ee, Lanagan, MO 64847June 19, 1995Full Service Brick and Mortar
3497947The Corner Stone Bank120 Roy Hill Boulevard, Goodman, MO 64843November 21, 2009Full Service Brick and Mortar
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