# CORNERSTONE BANK
LEXINGTON, VA · FDIC certificate 58859 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (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 | $232.8M | |
| Deposits | $198.6M | |
| Loans and leases | $184.8M | |
| Total equity | $24.8M | |
| Loans / deposits | 92.07% (p83 of band) | 73.59% |
| Liquid assets / assets | 16.09% (p13 of band) | |
| Uninsured deposits / deposits | 26.42% (p73 of band) | 19.81% |
| Brokered deposits | 0.43% | |
| Wholesale funding | 3.87% (p68 of band) | |
| FHLB advances / assets | 3.44% | |
| Tier 1 leverage | 10.86% (p37 of band) | 11.76% |
| Unrealized securities loss / equity | -2.61% (p67 of band) | -6.57% |
| AOCI / equity | -0.13% (p62 of band) | |
| ROA (annualized) | 1.20% (p52 of band) | 1.17% |
| Net interest margin | 4.66% (p81 of band) | 3.93% |
| Efficiency ratio | 65.38% (p49 of band) | |
| Noncurrent loans | 0.87% (p67 of band) | 0.36% |
| Net charge-offs (annualized) | -0.02% (p8 of band) | |
| Reserve coverage of noncurrent | 125.33% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 44.31% (p76 of band) | |
| Auto loans | $736,000 (0.40% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 5.9% | |
| Employees | 37 | |

## Flags firing in the latest filing

- none

## Warning timeline

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

## 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
- 2026-07-03 [Lexington readies funeral for Mayor Frank Friedman - WDBJ7](https://news.google.com/rss/articles/CBMikwFBVV95cUxQdGFvWVYwZllDQm1rNlNWcVdzbFNMaGV5RkMtM3l0OGlfWkp6dGxNZ2NxbWxwVDlnd3NPZnRxUzRxQTFjNm9LOXhFcmx0REJPRVkzWGh5cFJJVjRVMzJDMkdGc1RtY3NMOElucERYZUlpbXljdFZpUnUxQUx2Q0FYOVNkdDQxSDBQaVh3ZlJIeEtFVnc?oc=5) · WDBJ7
- 2026-07-08 [Community Mourns Frank - thenews-gazette.com](https://news.google.com/rss/articles/CBMid0FVX3lxTE1JT21nTnF4a0tJakVrS2p2QmVHeWJaSW5SWVpxR2pFTVhiam1xeXV5clJCTVY2VlBZbFhJNm9BeWMwY1dLOU9Idl9JQ2ZIODI1aERnMWdDR3JkMW9QZ1NNUEp1VDlHZGZrcU9RX293RDl0cDQwUVp3?oc=5) · thenews-gazette.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
- 2026-07-05 [Lexington Loses Its Mayor: Frank Friedman Dies Unexpectedly at 60 - theroanokestar.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxNU3hOVnBMSzJ6SGxzMWhNUkdKS0YyYlJxakZtYXNmS3dUQW9SNmJRWHh6X2RTazl4QVEzQ3QyVGlpcnRSS21WUUNZOGExU3M4aGNiS3NuWWhSaVhMX0FQdG5uMHVoZk9Ldi1OYUxmMGpiWHBLTk5TLTE4WjlrbFplTHAwY1NIRXI1RjZHYllld0IxQQ?oc=5) · theroanokestar.com
- 2026-07-03 [Lexington mourns loss of beloved Mayor Frank Friedman - WFXRtv](https://news.google.com/rss/articles/CBMiigFBVV95cUxORUsxSWV0cUkzNGVDTjk0WlctenAySENoX0xGVHpZd3BNSUhHNzlabUxEdGVxWmtLU01PZVRYVTEzZG1lT1JqQm1kYUk1VU84TWNqUEpINlVkaVc1WFZCWUExdGM5WWlKcnRaVmhRU09KV0VjU3h0cUVZdGRKSFRwTGkxcS1ac1l0OHfSAY8BQVVfeXFMTjQyWmlGdWpnRTRhSVpQeklfQU1MRFRaWUc2RWVfMlJtTlN6c1BoOFRISW5Hd3Y3UmE4dkxTTkxtZVV3Q191S0xKZHBKdFhNVTZZVWU3NjhfLUJ3eUtGcV90YXQ0OEs1dG9lRldjaWp4dG94d2NPUF9BLTBKbmZqR0NXYXRWWVZrNElUcnBqYTQ?oc=5) · WFXRtv
- 2025-11-08 [Kelly Holthus still finds joy in job after 60 years at Cornerstone Bank - York News-Times](https://news.google.com/rss/articles/CBMimwFBVV95cUxNd2tyd2ZzbFQ4UHhyY09YbWpsQ2NYVWJxTENoc2JhZW94OUJoNTNZUVU4N2U1b3BKWlpybUZqX3A5TDhwOGJRU1pMVXlBMHYxY001ZHE2TWRoQzdFRDdsYmFmX2Roa1ozMnI5Q3lzYzE5NHZsd1J5X0ZoUXQ3eFZ2UHEtRG03UW1zNTNjYkxRX0V3clBNUVJjd2lmMA?oc=5) · York News-Times
- 2025-10-01 [CornerStone Bank Announces Dividend - thenews-gazette.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxNSFViVkxRNjVnNVAzVlhpa0pNY3pBUUhVZXB6ak1vY2RnVkpOZ2F5eXlPV0J5OXdMNlJVQXRWejgwM1ZsbmQyRzNLR3BDcVpIU1FiWDRqM1I1TnBLY1Jra1VLY2ktS2IzN25Ca1ZBTDBTZzhZT3RremxNNDZJSlJKWjV1TlBRT0pR?oc=5) · thenews-gazette.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58859 (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/43.json (key "58859", 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