Cornerstone State Bank
Montgomery, Minnesota · FDIC Cert #21525
Cornerstone State Bank is an FDIC-insured bank (Certificate #21525) with $226M in total assets and $205M in total deposits as of the Q2 2024 Call Report. Headquartered in Montgomery, Minnesota, the bank maintains a Tier 1 capital ratio of 0.00% (Critically Undercapitalized) and a nonperforming loan ratio of 0.08%. BankHealthData assigns a composite Health Grade of C (57/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Cornerstone State Bank (FDIC cert 21525) is a community bank — $226M in total assets, $205M in deposits, serving the Montgomery, Minnesota area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Tier 1 capital ratio is not disclosed in the most recent Call Report — unusual but possible for new institutions or those filing under specific regulatory exemptions. Asset quality is clean: non-performing loan ratio of 0.08% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is comfortable: 32.5% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is thin: ROA of 0.24% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Cornerstone State Bank carries a composite BankHealth grade of C (57/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Cornerstone State Bank
- Total Assets
- $226M
- Total Deposits
- $205M
- Tier 1 Capital Ratio
- 0.00%
- Capital Status
- Critically Undercapitalized
- Nonperforming Loans
- 0.08%
- Liquidity Ratio
- 32.54%
- Return on Assets
- 0.24%
- Headquarters
- Montgomery, Minnesota
- FDIC Certificate
- #21525
- Health Grade
- C (57/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Cornerstone State Bank holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject Cornerstone State Bank to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
Cornerstone State Bank shows average financial health. While not alarming, its Health Score of 57/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Cornerstone State Bank Compares
Cornerstone State Bank’s Health Score of 57 is 16 points below the Minnesota state average of 73 across 225 FDIC-insured banks. Its 0.00% Tier 1 capital ratio is 14.0 points below the US banking industry average near 14%. The 0.08% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.24% is below the national ROA benchmark of ~1.1%. Among 1548 similarly-sized banks, the average Health Score is 69, meaning this bank ranks below its size cohort. Site-wide, Cornerstone State Bank is 13 points below the portfolio average of 70.
Frequently Asked Questions
Cornerstone State Bank has a Bank Health Score of C (57/100), placing it in average financial health. It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Cornerstone State Bank's Tier 1 capital ratio of 0.00% and nonperforming loan ratio of 0.08% indicate an average risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Cornerstone State Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #21525). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Cornerstone State Bank holds $226M in total assets and $205M in total deposits. It is headquartered in Montgomery, Minnesota (FDIC Certificate #21525).
Cornerstone State Bank has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.08%, and the return on assets is 0.24%.
Yes. Cornerstone State Bank is FDIC-insured (Certificate #21525). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Cornerstone State Bank's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.