# CORNERSTONE BANK
FARGO, ND · FDIC certificate 13198 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.85B | |
| Deposits | $1.65B | |
| Loans and leases | $1.36B | |
| Total equity | $151.2M | |
| Loans / deposits | 81.66% (p36 of band) | 87.10% |
| Liquid assets / assets | 22.06% (p54 of band) | |
| Uninsured deposits / deposits | 43.11% (p80 of band) | 30.76% |
| Brokered deposits | 2.61% | |
| Wholesale funding | 4.77% (p45 of band) | |
| FHLB advances / assets | 2.16% | |
| Tier 1 leverage | 9.63% (p26 of band) | 10.50% |
| Unrealized securities loss / equity | -15.03% (p28 of band) | -7.75% |
| AOCI / equity | -0.82% (p22 of band) | |
| ROA (annualized) | 1.25% (p49 of band) | 1.26% |
| Net interest margin | 4.09% (p73 of band) | 3.70% |
| Efficiency ratio | 57.09% (p43 of band) | |
| Noncurrent loans | 2.35% (p93 of band) | 0.51% |
| Net charge-offs (annualized) | 0.09% (p74 of band) | |
| Reserve coverage of noncurrent | 55.96% | |
| Real estate % of loans | 63% | |
| Construction % of loans | 54.64% (p57 of band) | |
| Auto loans | $8.7M (0.64% of loans; DQ 1.44%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 4.7% | |
| Employees | 237 | |

## Flags firing in the latest filing

- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 8 | brokered >10%, wholesale funding >15%, losing money, expense ratio p90, noncurrent p90, charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 8 |  |  |
| 2011-09 | 4 |  | brokered >10%, losing money, expense ratio p90, charge-offs p90 |
| 2011-12 | 3 |  | wholesale funding >15% |
| 2012-03 | 2 |  | noncurrent p90 |
| 2012-06 | 5 | noncurrent p90, deposits shrinking, assets shrinking |  |
| 2012-09 | 4 |  | construction >100% equity |
| 2012-12 | 5 | construction >100% equity |  |
| 2013-03 | 5 |  |  |
| 2013-06 | 5 |  |  |
| 2013-09 | 2 |  | noncurrent p90, deposits shrinking, assets shrinking |
| 2013-12 | 2 |  |  |
| 2014-03 | 3 | noncurrent p90 |  |
| 2014-06 | 3 | loans exceed deposits | noncurrent p90 |
| 2014-09 | 3 | liquid assets <10% | construction >100% equity |
| 2014-12 | 5 | charge-offs p90, deposits shrinking |  |
| 2015-03 | 1 |  | loans exceed deposits, liquid assets <10%, charge-offs p90, deposits shrinking |
| 2015-06 | 0 |  | reserve under noncurrent |
| 2015-09 | 1 | reserve under noncurrent |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 5 | noncurrent p90, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2016-06 | 4 | capital falling | assets shrinking, uninsured deposits leaving |
| 2016-09 | 4 |  |  |
| 2016-12 | 4 | charge-offs p90 | deposits shrinking |
| 2017-03 | 2 |  | capital falling, charge-offs p90 |
| 2017-06 | 1 |  | noncurrent p90 |
| 2017-09 | 1 |  |  |
| 2017-12 | 2 | noncurrent p90 |  |
| 2018-03 | 3 | capital falling |  |
| 2018-06 | 1 |  | reserve under noncurrent, noncurrent p90 |
| 2018-09 | 0 |  | capital falling |
| 2018-12 | 0 |  |  |
| 2019-03 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2019-06 | 1 |  | noncurrent p90 |
| 2019-09 | 1 | capital falling | reserve under noncurrent |
| 2019-12 | 1 |  |  |
| 2020-03 | 0 |  | capital falling |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 0 |  | capital falling |
| 2021-03 | 1 | charge-offs p90 |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 | capital falling | charge-offs p90 |
| 2022-06 | 2 | AOCI drag >20% of equity, securities losses >30% of equity | capital falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 1 |  | AOCI drag >20% of equity |
| 2023-06 | 1 |  |  |
| 2023-09 | 3 | capital falling, construction >100% equity |  |
| 2023-12 | 2 |  | construction >100% equity |
| 2024-03 | 1 |  | capital falling |
| 2024-06 | 1 |  |  |
| 2024-09 | 0 |  | securities losses >30% of equity |
| 2024-12 | 1 | securities losses >30% of equity |  |
| 2025-03 | 0 |  | securities losses >30% of equity |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 1 | reserve under noncurrent |  |
| 2026-06 | 2 | noncurrent p90 |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-08-26 [Business Beat: Cornerstone Bank announces officer promotion - Lincoln Journal Star](https://news.google.com/rss/articles/CBMipAFBVV95cUxNOFZJd05Idi1xMHY4MjNmUkFFVHlNa2NLNHAwazlwTFF6aW1iU0VCY1h4TUx1RkRXakFCUVFLdFRNT0V1NWdSNGV1bVpkUFo3RktlNl8zRXZvVWxmLUpVcDBYdWNILVVYMWdGRlpGVkU5WlhGdzEteWI4c08wSG9LOEU0YW5oNkZNRjlydmdyNGxIT09tV0hsb1FlUWx2TjQ0Wmx6Tg?oc=5) · Lincoln Journal Star
- 2026-04-01 [Man robs Cornerstone Bank nearly two months after separate break-in, York County deputies say - KSNB](https://news.google.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?oc=5) · KSNB
- 2026-01-26 [Q&A: Cornerstone Bank embraces digital products after merger - wbjournal.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxQbm9TUTZvNGZFV0ZrQ1d6clB5RW1rcUNzUGVXbjJUS2NGTXdRZ2JFMUg3ZmJMa0N3RFQwdXMwSXBLMnNtYTlEVG92R2RGalRpRjRaOG52RmFldHotbEFGdXhmMUFidnQyUTh2c01wel93VVMxbjhla2lOcldnYVZJRk5OTzREOHVVeXN5cFJZOEtzRTg?oc=5) · wbjournal.com
- 2026-01-25 [Former Athol Savings CEO named president of Cornerstone Bank - Athol Daily News](https://news.google.com/rss/articles/CBMioAFBVV95cUxPaThmaGc5YjhpenJSR0M5N3Z4SGRNRUs0MHBfLVg0NFAzQnJTM2RyU0ptX0ppV2pEc3hBc2ZWRkJLcmYzRWJzSHlEbFlpcHNheEE2cVhGa1QyRHNpbWNaVm1yUlpBaWN0d3ZUYWp5NG5lX3ljRnc1eTBaaEV3M3h3NWZ4cWZYVlh5QVJiNnVXQ0dUdWVoN0ZFazZvdmQ4dmNT?oc=5) · Athol Daily News
- 2026-01-05 [Cornerstone Bank, Athol Savings Bank Finalize Merger - Patch](https://news.google.com/rss/articles/CBMimAFBVV95cUxQa2NjZjNWaW8xSXlnSExwbHFIcGhEdlVKLUo1R3R3V1VIelBQVF9PYVhUenR3V2pDQ2ZpMThYOXVEckp6bUxKODFfN1VHUzY4d3ZuMnBDOWtMeE1oWWRUZWNTd2FkSUh6TjBncUhjMlRFVVJBSGl6dk5FSXZncmVOX0UtcFZGMGhlODVlbi03U2dLeG1kX2p1OQ?oc=5) · Patch
- 2026-01-05 [Cornerstone Bank, Athol Savings Bank merger completed - Worcester Telegram](https://news.google.com/rss/articles/CBMitwFBVV95cUxQX1ZEWlRrOEVJV21CV1M4WnZzX29nMVV3dF9ieWdTTDVJQ0owTVpRTXIzQzRHZ1hJRDZ5czJ5UnhGS3FnNDdQY2FjR21TSnlRRzdibV9ZOUpGc0owLWJ3NWNpZVpFanFpa1pPUmNYZHdXMHM1X3A0Yi0zdWM5Nl83ZDh2U0dOT0ktel9fejU0aS1NajFxZzJrQW5tSHBGRzZkaUpBazhfX0hkdGRIdFQ5Z0h4WUZjZ2c?oc=5) · Worcester Telegram
- 2026-01-05 [Cornerstone Bank completes $2.4B merger with Athol Savings - wbjournal.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxPcFlHOXF3LTdnSjJiN1Rvc253M3dTMEo3cXp4VFV0cUlNdWllTlFpN3pwcWNTNFZDbnktbTNNQUY2T3BkNEQ4c2tKYmRfNU5zYWs0MGV1ZUR6WXB6Zzg0c0plVGNaV0ZVWGpicldFa1Z0UVo5UFFkNXFpRXQ0b25tajNlTDlNcUlZN3I1VXZiOTRoUQ?oc=5) · wbjournal.com
- 2025-11-12 [Athol Savings Bank and Cornerstone Bank announce merger, enhancing technology and local access - Athol Daily News](https://news.google.com/rss/articles/CBMizAFBVV95cUxNSG5vNV9qOHktNllzeEFLS3RYeVRwVWdFWHZ1T1l5UkFjOW52UzgtUnprRDd0Ylg5cjFoeUV6WVdneXRILURZN01nbjV6anBmS1lwZi1oY3J2Tm53V2pnM0FFQ0NDZ3pDdzlia3JRUi03OGkxUkpoWDB6dU1ITnRlRDY5bTdNQ0hDNXlpdUVSQlpfN2JQZXhfeU5BVmoycUJwaWF3V09VMmo2S1hyaWJVQ1FuallaMFB2VWtBUVM5X01yV292Q181dnJ0cGI?oc=5) · Athol Daily News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=13198 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/14.json (key "13198", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide