Cornerstone Bank

Bank Online

Download App Menu

Statement of Condition

December 31, 2016

Cash and Due From Banks $ 4,468,874
Investment Securities/CD’s/Bank Stock $ 26,046,868
$ 30,515,742
Loans and Leases, Held for Sale
Loans and Leases, Net of Unearned Income $ 134,332,516
Less: Allowance for Loan Losses ($ 2,573,133)
Loans and Leases, Net of Unearned Income and Allowance $131,759,383
Premises and Fixed Assets $ 2,607,216
Other Real Estate Owned $ 6,759,200
Other Assets $ 1,610,990
       TOTAL ASSETS $ 173,252,531
Deposits: Non-Interest Bearing $ 32,101,227
Deposits: Interest Bearing $107,913,334
Securities Sold Under Agreements to Repurchase $ 5,138,114
Other Borrowed Money $ 10,500,000
Other Liabilities $590,657
       TOTAL LIABILITIES $156,243,332
Common Stock $ 3,260,000
Surplus $ 12,798,595
Retained Earnings $950,605
Total Equity Capital $ 17,009,200
       TOTAL LIABILITIES AND EQUITY CAPITAL $ 173,252,531