# CORNERSTONE COMMUNITY BANK
SAINT PETERSBURG, FL · FDIC certificate 34948 · asset band <$300M · latest filing 2016-03 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (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 | $247.6M | |
| Deposits | $207.3M | |
| Loans and leases | $192.1M | |
| Total equity | $28.5M | |
| Loans / deposits | 91.71% (p83 of band) | 72.92% |
| Liquid assets / assets | 15.05% (p12 of band) | |
| Uninsured deposits / deposits | 22.83% (p81 of band) | 13.88% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 4.08% (p64 of band) | |
| FHLB advances / assets | 4.08% | |
| Tier 1 leverage | 10.31% (p43 of band) | 10.70% |
| Unrealized securities loss / equity | 1.13% (p49 of band) | 1.19% |
| AOCI / equity | 0.52% (p49 of band) | |
| ROA (annualized) | 0.90% (p55 of band) | 0.83% |
| Net interest margin | 4.07% (p74 of band) | 3.64% |
| Efficiency ratio | 62.88% (p26 of band) | |
| Noncurrent loans | 1.53% (p72 of band) | 0.70% |
| Net charge-offs (annualized) | 0.14% (p86 of band) | |
| Reserve coverage of noncurrent | 66.63% | |
| Real estate % of loans | 92% | |
| Construction % of loans | 58.72% (p85 of band) | |
| Auto loans | $111,000 (0.06% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 4.3% | |
| Employees | 42 | |

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2011-06 | 1 |  | noncurrent p90 |
| 2011-09 | 1 |  |  |
| 2011-12 | 2 | losing money |  |
| 2012-03 | 3 | deposits shrinking, assets shrinking | losing money |
| 2012-06 | 1 |  | deposits shrinking, assets shrinking |
| 2012-09 | 3 | noncurrent p90, deposits shrinking |  |
| 2012-12 | 3 | charge-offs p90 | noncurrent p90 |
| 2013-03 | 3 | assets shrinking | charge-offs p90 |
| 2013-06 | 3 |  |  |
| 2013-09 | 3 |  |  |
| 2013-12 | 1 |  | deposits shrinking, assets shrinking |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 2 | deposits shrinking |  |
| 2015-03 | 1 |  | deposits shrinking |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 |  |  |

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

- 2026-06-14 [New community bank opens in Owensboro after 17 years - Spectrum News](https://news.google.com/rss/articles/CBMikgFBVV95cUxOU016LTJ4emFyOGtORE1nc1gtU1o3RXIxWlN1OF9FTzVnSWJZYVFMU01FNGQ4b0ZFNm93cnJwRjc2NlF5bnQ2UXR4enFIdUx2M0hCeFg4YTBBeXV0MjUtN0s5TGdDOXMxdGt0N1dSZnI4QkdWX0NKT2gwZ1Z5R2tKcFZPcGNTT2FQYk85VV9HX1RzQQ?oc=5) · Spectrum News
- 2026-02-12 [Cornerstone Community Bank on track for June opening | Local News - Messenger-Inquirer](https://news.google.com/rss/articles/CBMi4gFBVV95cUxOVUl5WFhjdEFyUm0xWTA4bFg3bHdPRGV2WUNpZldKbTZsZXVrYnVVa0dtQjZmVnVCOTJDLXl2ZmdQNjQ2OXljdTEtdFVMM1lURHNhMGw0V0NUcG1wWnB2ZWN5ZXJaMlFqQzN3eHltcmNSRnNlSWYxNXRPLTlyTEJSbGZRTVhEdllkaFpvejdJUVR1OHM2VjBTYU1RNGZkanlkc2hzQlVXN091ZjdoYTRCbkxBdXVLY2ptczBrVTVMZ3ZJT0FkWVBiX3ptcW95QWs3OVFfZUVOQWUxLTRpNmVCZDdn?oc=5) · Messenger-Inquirer
- 2016-02-29 [SmartFinancial merges with Cornerstone Community Bank - Knoxville News Sentinel](https://news.google.com/rss/articles/CBMisAFBVV95cUxPM0RUMkVOV1I4ZmF5WF9sdnk2V1QyX1hUNkZLbVBmTk9UemxNc2JWOS1LMFhBV2dDclJtblBFN2RoU1VsY01GWVB6LVFXd01FajlpWlFEY1FJZFh1ajhGdHVPMnY3dTZyVXFhU21Da2pKX095YkFya1Q1bXFiQkN4T0IzdjRTdEY4NUhHS3hKcEZUenE1Q0pSR29rb3NnQm9LdW9iNHUtc1ZrUnNzZ1U5Sg?oc=5) · Knoxville News Sentinel
- 2016-02-27 [Cornerstone Bank converts five Chattanooga area locations to SmartBank - Chattanooga Times Free Press](https://news.google.com/rss/articles/CBMimAFBVV95cUxPSDNYMUxrdmtQcTNwekdmdlJLQ2ZHbnVYTHc1YzROM1g1VkpOM3ozVmZSN09xRmhXbGQ5RUJrV3Y2SjM1M0xzVHRGUF9lQWpHQ0UwaXJhTHFuenpYZzBpYXZkbGhKMHBfMU5tRXB4ZzAtNy1xY3MzVlpCWjJiRm05M3ZTTW8xMHd0eXRETU41czZTbFRCWF85WA?oc=5) · Chattanooga Times Free Press
- 2026-06-08 [City's 12th bank opened Monday - Messenger-Inquirer](https://news.google.com/rss/articles/CBMiwwFBVV95cUxOMHI2ckJUQ0FGb29fY2h2R3MtbWVROWhVWU5GUld1dWMtWll6bl9FUXpMazhvRkNiMjZJdjM1UlFhWnUxWlpUSVJxS0JRcDNCa2lUX1Q4Q1A0dUtrQzdLclJueEFKSUpPMUVzNDh4eFV1YUVmaklBTzBfelRtcFZlamNJVVJ4eUdiUTlWbkFQaWVEbDVyYUVrdjAxRG9VaEFGZGFVcWt3UHpJNTJabFdsY2NVVkdxbHFVODJLQml1OFE1TE0?oc=5) · Messenger-Inquirer
- 2019-07-23 [Veteran St. Pete banker moves into a new role - St Pete Catalyst](https://news.google.com/rss/articles/CBMifEFVX3lxTE03dGJNSnNFUUp5TnhXdGN1R3Q0ZERqbEFYSFlHZmRteTZxLUVqYjBwVzJxUGNEWHlsVWxCY0lLZ2hhdFBGRy01SEE5WW9oZUhibUVFUjM5M2J2dkgydEhYMG5lU1RpQVNRTWlEd09xNVkycWs0R2hRYlJJLXc?oc=5) · St Pete Catalyst
- 2015-10-20 [Centennial, fresh from the Bay Cities Bank buy, eyes more M&A in Florida - The Business Journals](https://news.google.com/rss/articles/CBMivgFBVV95cUxQQkh5aHFHZEswQjdFMC1hZmVLV1FMR2N2TUtVSGwwOS1ZUEZvNDh6UGNKVXlCRWIzRnVza1N6cUV5QjNhLXJST1hPVGY2czh3OEc2dWxFeURrZm9WQm5wRkY2dTlBNm0xMF83NDhuOHBlR0JkSGQwNHVZZFJpbE5oLW9KRENYMXZNTkRzNVpHcGJXLXhabHhSdmtrN3VwSllnT0l5a1pYd0xzRkhtWGJCc0wwaXhSRDI0d0xiUGVR?oc=5) · The Business Journals
- 2015-05-30 [Fricks Pleads Guilty To Defrauding Cornerstone Community Bank In Dalton - Chattanoogan.com Breaking News](https://news.google.com/rss/articles/CBMijgFBVV95cUxOWFF1bTBBUkxmc3UyY05faFFpOE1ZbS02THIxN1J3NGNIWFk1Y09mMzNDLXgxYXNoUmhNUnEwX012Mzc5SlczWWNGSjhFM3hTX1RERVJjLUotSzdraENNNDhXNERTaUFfRTFNRW55aEc1N2MwaFA2WXlzTzZsX25CX0M1d2RNTDVnU216azF3?oc=5) · Chattanoogan.com Breaking News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34948 (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/4.json (key "34948", 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