# CORNERSTONE COMMUNITY BANK
CHATTANOOGA, TN · FDIC certificate 26256 · asset band $300M-1B · latest filing 2015-12 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. 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 | $440.3M | |
| Deposits | $348.8M | |
| Loans and leases | $319.9M | |
| Total equity | $40.8M | |
| Loans / deposits | 91.57% (p70 of band) | 82.78% |
| Liquid assets / assets | 22.32% (p42 of band) | |
| Uninsured deposits / deposits | 16.25% (p34 of band) | 20.30% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 11.25% (p71 of band) | |
| FHLB advances / assets | 6.40% | |
| Tier 1 leverage | 9.05% (p23 of band) | 10.05% |
| Unrealized securities loss / equity | 0.14% (p41 of band) | 0.46% |
| AOCI / equity | 0.09% (p79 of band) | |
| ROA (annualized) | 0.38% (p11 of band) | 0.91% |
| Net interest margin | 1.68% (p2 of band) | 3.59% |
| Efficiency ratio | 56.45% (p18 of band) | |
| Noncurrent loans | 0.14% (p14 of band) | 0.71% |
| Net charge-offs (annualized) | 0.00% (p24 of band) | |
| Reserve coverage of noncurrent | 123.89% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 111.17% (p93 of band) | |
| Auto loans | $174,000 (0.05% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | 12.9% | |
| Employees | 104 | |

## Flags firing in the latest filing

- **NIM <2.5%** (`earn_nim`)
- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | wholesale funding >15%, leverage <7% |  |
| 2011-06 | 3 | reserve under noncurrent |  |
| 2011-09 | 3 |  |  |
| 2011-12 | 2 |  | leverage <7% |
| 2012-03 | 4 | charge-offs p90, deposits shrinking, assets shrinking | wholesale funding >15% |
| 2012-06 | 1 |  | charge-offs p90, deposits shrinking, assets shrinking |
| 2012-09 | 1 |  |  |
| 2012-12 | 0 |  | reserve under noncurrent |
| 2013-03 | 2 | charge-offs p90, reserve under noncurrent |  |
| 2013-06 | 2 |  |  |
| 2013-09 | 2 |  |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 1 |  | charge-offs p90 |
| 2014-06 | 0 |  | reserve under noncurrent |
| 2014-09 | 2 | reserve under noncurrent, deposits shrinking |  |
| 2014-12 | 3 | wholesale funding >15%, uninsured deposits leaving | reserve under noncurrent |
| 2015-03 | 0 |  | deposits shrinking, wholesale funding >15%, uninsured deposits leaving |
| 2015-06 | 0 |  |  |
| 2015-09 | 4 | capital falling, NIM <2.5%, reserve under noncurrent, construction >100% equity |  |
| 2015-12 | 2 |  | capital falling, reserve under noncurrent |

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

- 2016-02-29 [SmartFinancial merges with Cornerstone Community Bank - Knoxville News Sentinel](https://news.google.com/rss/articles/CBMisAFBVV95cUxPM0RUMkVOV1I4ZmF5WF9sdnk2V1QyX1hUNkZLbVBmTk9UemxNc2JWOS1LMFhBV2dDclJtblBFN2RoU1VsY01GWVB6LVFXd01FajlpWlFEY1FJZFh1ajhGdHVPMnY3dTZyVXFhU21Da2pKX095YkFya1Q1bXFiQkN4T0IzdjRTdEY4NUhHS3hKcEZUenE1Q0pSR29rb3NnQm9LdW9iNHUtc1ZrUnNzZ1U5Sg?oc=5) · Knoxville News Sentinel
- 2010-06-07 [Cornerstone Bank Receives "Lender Of The Year" Award - Chattanoogan.com Breaking News](https://news.google.com/rss/articles/CBMijgFBVV95cUxOSDRIX2k4dXdEZnJJM2VhamhrUVRORU9xeDQ1Vk1zblpQMksydVVSUWs3aXcySTcwZ09mdEpNaHg0U0M1Q3JmWnlUTmtQanE2eW5LZjRSSlJZaUE0b1ZZVHk4R0JLOFhGaTVnRmdBOTBvX1hCcEJvZnVwRVhMTGV0d3VmUDFEWVNhSjRKcFF3?oc=5) · Chattanoogan.com Breaking News
- 2024-02-09 [Smart Financial is fourth largest publicly traded bank holding company in TN - Teknovation.biz](https://news.google.com/rss/articles/CBMinAFBVV95cUxPRUM3cHZudnl3SGlwU0pWY1diMDVBYTh6QUhvVVhuOUdiMDNDdXhFODFuLXlUeWl4V1JrcnFaOW1HSTBfNzBvVW55bW84MVBxZEg4VXhjNTYtSFZGRklRc19mZkhVZTZrVUZyZlhEZlNDazRkdHd3U0dMa01Dc0hIUlh4ZVh5VXpNN1FaSEhIbnZVRFZNUDdfVXZiZnc?oc=5) · Teknovation.biz
- 2017-05-23 [SmartBank to buy CapStone in Alabama for $84.8 million - Chattanooga Times Free Press](https://news.google.com/rss/articles/CBMilwFBVV95cUxPSmhsbGVUa0huSXExNjlMYW5JNi1mWFdwNHJUdnNIcnZRLTB3YkFoSXJsOHdqSEx3ZVFINDNaV0FSSV9Qd01oZWk3VmZzVmlLSkxUODRaNWhnY244VXdJRmUxcloyVlZBbG5XeS1TZDh3ekd3LTUtTEgzamQzS216c1hvQkg1c2VfLThOS08xNG1mbUJqRDZj?oc=5) · Chattanooga Times Free Press
- 2015-09-09 [CEO Speaker Series Welcomes Emerson Russell - Chattanooga State Community College](https://news.google.com/rss/articles/CBMiqwFBVV95cUxOWktFUkxzQmtrcGJ3S0x3NVNOT1R5dGRaWUpNS0tJVTJMNVRxdm8wX1F3dnpsUC0tNFJrcjg0NE1XbzBzbDBpSF9POEdLSm0xMkl6RkNoQ1NiS0RaODc2emJqQXFVakxmTUdPSmFMQlVSYURmMExUaVFMX1N3cTdxSHc3WDIza2ZoQzFqdDVQc0Q3ZFZyaW12U2V5bElIVHpCX1JHTVJkczJLUTQ?oc=5) · Chattanooga State Community College
- 2009-11-02 [Banking Veterans Linda Mosley, Jim Pemberton Join Cornerstone Community Bank - Chattanoogan.com Breaking News](https://news.google.com/rss/articles/CBMijAFBVV95cUxQbkc1cVllS25sYkVJeHFERWVBMjFWY19hTlRXbDYxMWhuRlRiSEQ2U3diWUI1MzVPeHBBckhRQmhOVlR5VWlGZXV5RE8zNzdLOEE3TjRwWmNpY09mSWlfXzRCNldZNmdJdlpKUW5Pc1BZdTBHOW5pdlNhUVc5N0hJYVdQdnNFRkl2VGRTTw?oc=5) · Chattanoogan.com Breaking News
- 2016-12-09 [SmartBank to acquire FSG Bank branch - Knoxville News Sentinel](https://news.google.com/rss/articles/CBMiogFBVV95cUxPOWgzSjdrNWNhNjdyTjBXdlhySzZSZlBoQ1dqVTAxYW83S2ZDU1NXMGp0elFJS3ljMWZBY0I0OGd4ZXJycGNxc2xUN1E1Z3JXSGJRdmJBN3FlYlVVUVFmQW5KMUNCRzBBOGx0R0Z4X0V1Z1I1TE9tc0lGa2pQdWQ5YlE5Ukg2ajZwWUlRNDhWTmJSUHNuck5ZeTFNZ0kzdXN4NlE?oc=5) · Knoxville News Sentinel
- 2010-12-06 [Cornerstone Community Bank Appoints Bob Vercoe, Jr. As Senior Vice President - Chattanoogan.com Breaking News](https://news.google.com/rss/articles/CBMijwFBVV95cUxQUnhNWng5UWRQTGRxbUNIYlp5X2ttejdWeTFaUmJuUk9FR1NXN1lQandmQ3lhLVJRRHp4MWQyTEtCNmZqOTF0YmN2TXJTQmZOMFB5cGZiVmxWemU3NjlIX052UXFnaUNOU0dOcTVsVW1BWThyWXJ2d09LRWpoTTNLM3BmY0pCYUtsWmpwZDhvcw?oc=5) · Chattanoogan.com Breaking News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=26256 (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/16.json (key "26256", 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