# CORNERSTONE BANK
WILSON, NC · FDIC certificate 35284 · asset band <$300M · latest filing 2018-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 3 (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 | $97.3M | |
| Deposits | $83.3M | |
| Loans and leases | $70.1M | |
| Total equity | $12.6M | |
| Loans / deposits | 82.79% (p64 of band) | 75.02% |
| Liquid assets / assets | 18.34% (p21 of band) | |
| Uninsured deposits / deposits | 10.43% (p28 of band) | 15.14% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 1.31% (p49 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.85% (p62 of band) | 11.04% |
| Unrealized securities loss / equity | -2.83% (p43 of band) | -2.21% |
| AOCI / equity | -1.17% (p48 of band) | |
| ROA (annualized) | 0.69% (p32 of band) | 0.95% |
| Net interest margin | 3.76% (p51 of band) | 3.73% |
| Efficiency ratio | 75.81% (p64 of band) | |
| Noncurrent loans | 0.80% (p58 of band) | 0.60% |
| Net charge-offs (annualized) | -0.12% (p4 of band) | |
| Reserve coverage of noncurrent | 191.28% | |
| Real estate % of loans | 91% | |
| Construction % of loans | 57.93% (p83 of band) | |
| Auto loans | $192,000 (0.27% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -9.9% | |
| Employees | 15 | |

## Flags firing in the latest filing

- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 9 | leverage <7%, leverage <5%, losing money, expense ratio p90, NIM <2.5%, noncurrent p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 9 | charge-offs p90 | NIM <2.5% |
| 2011-09 | 8 |  | charge-offs p90 |
| 2011-12 | 8 |  |  |
| 2012-03 | 12 | NIM <2.5%, charge-offs p90, deposits shrinking, assets shrinking |  |
| 2012-06 | 12 |  |  |
| 2012-09 | 11 |  | charge-offs p90 |
| 2012-12 | 11 |  |  |
| 2013-03 | 11 | charge-offs p90 | NIM <2.5% |
| 2013-06 | 9 |  | losing money, charge-offs p90 |
| 2013-09 | 7 | AOCI drag >20% of equity, uninsured deposits leaving | leverage <5%, noncurrent p90, reserve under noncurrent |
| 2013-12 | 4 |  | expense ratio p90, AOCI drag >20% of equity, uninsured deposits leaving |
| 2014-03 | 4 |  |  |
| 2014-06 | 1 |  | construction >100% equity, deposits shrinking, assets shrinking |
| 2014-09 | 2 | deposits shrinking |  |
| 2014-12 | 4 | charge-offs p90, assets shrinking |  |
| 2015-03 | 5 | uninsured deposits leaving |  |
| 2015-06 | 2 |  | leverage <7%, charge-offs p90, uninsured deposits leaving |
| 2015-09 | 2 |  |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 0 |  | deposits shrinking, assets shrinking |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 2 | deposits shrinking, assets shrinking |  |
| 2018-03 | 3 | uninsured deposits leaving |  |

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

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-04-13 [Convicted serial bank robber charged in new York County bank robbery - 1011now.com](https://news.google.com/rss/articles/CBMiowFBVV95cUxQZEpYLUpyWk5aSmNoYy1Wd2FmeWRYYVpzc2xkbDhJa1cwUXNHNVNDR3FVeHhIMERhaVFEbG9DOUNjcFJLS3pWaHpZLTh5VGVfV1N5MlVaeExwd3ZqNUtfR0RJbDNFd25kaWdseFlEcnpiQ01ucnJQTi1WUmxyVUFyUmp3eE9qel81NnRhS240ZlBtRHYtOTM4SzRVWjhWTDZDSFJ30gG3AUFVX3lxTE1qcXlYcEZWeU9lTDdFNG1HLXFBZzhiZzBDZTRIN3ZabzlTbzFCRThRaGppQ0prTlRUZlR1NVF1X3dhNVU4SmVGaDB2enZHeDFuc3lfZWpDM2c3TDd0eUp5ZlJONTVLNnpNV0ZRc1BKY24yVnBlMzNiNF9xNnd0Uk5jTERmSzU3U2s2UmpQOUpGc1JOb055ZWF4Y1V5bzNfR1Q1Wkc5R3llZFFWcWU1enpiSWNjd2g1WQ?oc=5) · 1011now.com
- 2026-06-18 [First Carolina Financial Services, Southeast-Focused Commercial Bank Offering National Student Payments and Digital Banking, Files for NYSE IPO - TradingView](https://news.google.com/rss/articles/CBMiqwJBVV95cUxPbHA2U0g0cUVPZzg1V2ppS1Vjblo0aW9TUlptOU5SWlBGMGZaaE1LT2xiYk9SdUg5Ni1OMUE5YkR6WUU4MUZTS0JMenNiQngyWkVBM1lxX2xxZnR0cUl4cGRTdDJPTFNfaExGdEZEVVZzSXpSNXNpSzA5T2puVFZfby1FcFNTVGsxMmxVRDRFZmxtdURIOHN3dHJMR3I2QnVtVGEwSkpRSzVZQk5jRHRhTFppeGRVeUpjR3RWWTlLVzIxWE45R2I5R3Z0emJpQlp3WWstOEhIczk4Y1VhclFTdkF1VElwT1dGc3pBNl93UGZmTWVWVURZN1NTRlJhNGhLMEhIOXlDME9sMFp5TjBWYVBJbWpzWmNLLXVEaEMzaGg2SG5lcGlNNHdnUQ?oc=5) · TradingView
- 2017-08-01 [Eastern N.C. bank CEO Ted Whitehurst dishes on his biggest deal - Business North Carolina](https://news.google.com/rss/articles/CBMijwFBVV95cUxNcEY2b0p4ZWU3RkdheXItZHVFZklwZk1wNnRyY0Zrei04RG9kUWtVVXNBdi12QlZlWWhwTW4wTW16VXFlWnZtWGhCdGxudWRtNUY4RHplbTQ4VnZRWnctVGZpeHRGaGZGYzJGMHhiVk40SkxpYmlLVkpiNWk1dE92MzRDbkpBa0xHN240d2M5dw?oc=5) · Business North Carolina
- 2023-03-30 [Meet the 125-year-old bank that bought Silicon Valley Bank - axios.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxOTkVNQUxxVFNMWWFWdFJQeS11dnhVWXhyOU9NMlNtRlRTWldhb3Jzck1Udm9aR1ZMSnAxX0pEVDAwQjJEdllRNU9xWEJhVW9ya1ZpaTdrX0s1dUEtU3NtejdSRm5wbEhvR0ROZFp6NTladjR6dmJWTXU0WGRvMVI5Z1VZRE1qeTcyN1hETlpaQnVsSkxCc1E?oc=5) · axios.com
- 2017-03-22 [Cornerstone Bank Promotes Robbins And Joyner To Key Roles - PR Newswire](https://news.google.com/rss/articles/CBMiswFBVV95cUxPcU1kaXpySTNUc2l5ZTRFYUU5V19McE5peF9xN0VETGdMajZCc184bEVueURuTVVxRkFpNUM4d3dpdmlRS3I3TUZLNTV6R1huZzZRVzd3WXRvN19LUkRiRHNnT21EbEZzaDNOcXM3d3poTnQyRWRPclVaTFVjSG5oN0hnMTgwZ0RFUzl5YVdFc0ZGb1dhUEVjZWVOUGh6NWZocGRXLWxzNDNqVFctTzNFckdoVQ?oc=5) · PR Newswire
- 2024-11-13 [Best Banks to Work For 2024 with less than $3B of assets - American Banker](https://news.google.com/rss/articles/CBMilgFBVV95cUxPYjVyd28wMVBJWUdiREk2VFVnSjJQajhjc1liZjlLT0Z0eXdjak5SLTFHbEU1eWNQZ1NOek11M0RWd2tXVkJQRDJzWWdYNEFqZWZCcEM1eEozX1hFWUxYdXB6bk1SNU1mWGtTSEZXazU1amkzY3ZNTHYxSFdoWkFmX0U3eGtkWVRiQ1FrYTdXendhNl92TlE?oc=5) · American Banker
- 2025-08-25 [Movers & Shakers for Aug. 25, 2025 - wbjournal.com](https://news.google.com/rss/articles/CBMibkFVX3lxTE5YdGpBazdsOHlMTHdkLUdvYnFmbVBSV3FIOVVKcW9zSGhKQVJ2TFNqVkhrSXJMRkdqVXA2NHNQV0M1eW5oSm9IWFJxOFE3T3lWVW9sQVJiOUJfbWp2amJfSF9PMUxlUjk3RFpmYjRR?oc=5) · wbjournal.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35284 (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/20.json (key "35284", 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