The Corner Stone Bank in South West City, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Corner Stone Bank - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 51Total employees (full-time equivalent)
  • $128,707Total assets
  • $9,061Cash and due from depository institutions
  • $7,706Interest-bearing balances
  • $28,575Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $83,408Net loans & leases
  • $1,730Loan loss allowance
  • $0Trading account assets
  • $1,447Bank premises and fixed assets
  • $4,217Other real estate owned
  • $0Goodwill and other intangibles
  • $128,707Life insurance assets
  • $1,999All other assets
  • $115,832Total liabilities and capital
  • $115,659Total liabilities
  • $99,335Total deposits
  • $115,659Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $173Subordinated debt
  • $12,875All other liabilities
  • $12,875Total equity capital
  • $12,875Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $900Surplus
  • $11,875Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,528Income earned, not collected on loans
  • $66Earning assets
  • $1,343Long-term assets (5+ years)
  • $119,689Average Assets, year-to-date
  • $18,258Average Assets, quarterly
  • $130,690Volatile liabilities
  • $130,392Insider loans
  • $83,758FHLB advances
  • $130,328Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,428Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,032Restructured Loans and leases
  • $91Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,209Total interest income
  • $1,781Total interest expense
  • $6,428Net interest income
  • $590Provision for loan and lease losses
  • $55Total noninterest income
  • $0Fiduciary activities
  • $449Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$394Additional noninterest income
  • $5,221Total noninterest expense
  • $2,798Salaries and employee benefits
  • $450Premises and equipment expense
  • $1,973Additional noninterest expense
  • $672Pre-tax net operating income
  • $9Securities gains (losses)
  • $0Applicable income taxes
  • $681Income before extraordinary items
  • $0Extraordinary gains - net
  • $681Net income attributable to bank
  • $0Net charge-offs
  • $681Cash dividends
  • $604Sale, conversion, retirement of capital stock, net
  • $450Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.83%Yield on earning assets
  • 1.48%Cost of funding earning assets
  • 5.35%Net interest margin
  • 0.05%Noninterest income to earning assets
  • 4.34%Noninterest expense to earning assets
  • 0.51%Net operating income to assets
  • 0.52%Return on assets (ROA)
  • 0.52%Pretax return on assets
  • 5.33%Return on equity (ROE)
  • 1.81%Retained earnings to average equity (YTD only)
  • 0.68%Net charge-offs to loans
  • 97.68%Credit loss provision to net charge-offs
  • 2.09%Efficiency ratio
  • 80,534Assets per employee
  • 2.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 66.08%Loss allowance to loans
  • 2.03%Loss allowance to noncurrent loans
  • 68.43%Noncurrent assets plus other real estate owned to assets
  • 5.24%Noncurrent loans to loans
  • 2.97%Net loans and leases to deposits
  • 72.12%Net loans and leases to core deposits
  • 75.28%Equity capital to assets
  • 10.00%Core capital (leverage) ratio
  • 9.54%Tier 1 risk-based capital ratio
  • 14.84%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $130,690Average earning assets
  • $12,767Average equity
  • $120,251Average loans

List of branches

  • 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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