Checked
Cornerstone Bank
Fargo, ND · State-chartered bank (not a Fed member) · Part of Cornerstone Holding Co Inc
- Total assets
- $1.85B
- Q2 2026
- Deposits
- $1.65B
- Net income
- $11.2M
- first half of 2026
- Return on assets
- 1.25%
- Annualized
Bank details
As reported to the FDIC
- FDIC certificate
- 13198
- Main office
- Fargo, ND
- Holding company
- Cornerstone Holding Co Inc
- Charter
- State-chartered bank (not a Fed member)
- Primary federal regulator
- Federal Deposit Insurance Corporation (FDIC)
- Established
- 07/15/1907
- FDIC insured since
- 01/01/1934
- U.S. offices
- 13
- Employees (full-time equivalent)
- 237
- Specialty
- Agricultural Specialization
- Website
- www.cornerstone.bank
Quarterly financials
From the bank's Call Reports. Income figures are year to date; ratios are annualized.
| Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $1.85B | $1.75B | $1.79B | $1.75B | $1.76B | $1.79B | $1.74B | $1.62B |
| Deposits | $1.65B | $1.54B | $1.59B | $1.56B | $1.58B | $1.62B | $1.58B | $1.45B |
| Net loans and leases | $1.35B | $1.27B | $1.24B | $1.26B | $1.25B | $1.23B | $1.2B | $1.17B |
| Securities | $301M | $307M | $314.3M | $309.4M | $299.3M | $293.5M | $284.1M | $272.9M |
| Equity capital | $151.2M | $143.7M | $141.3M | $133M | $124.4M | $117.2M | $107.1M | $106.9M |
| Net income (year to date) | $11.2M | $5.6M | $23.82M | $17.75M | $11.91M | $6.69M | $20.98M | $16.77M |
| Return on assets | 1.25% | 1.27% | 1.35% | 1.34% | 1.35% | 1.51% | 1.32% | 1.44% |
| Return on equity | 15.40% | 15.72% | 19.12% | 19.65% | 20.49% | 23.86% | 21.34% | 23.26% |
| Net interest margin | 4.09% | 4.07% | 3.90% | 3.84% | 3.71% | 3.55% | 3.48% | 3.45% |
| Efficiency ratio | 57.1% | 56.4% | 55.8% | 56.1% | 57.8% | 61.2% | 61.3% | 63.9% |
| Noncurrent loans | 2.38% | 1.53% | 1.06% | 0.70% | 0.82% | 0.40% | 0.16% | 0.25% |
| Net charge-off rate | 0.13% | 0.02% | 0.01% | 0.02% | -0.01% | -0.01% | 0.03% | 0.02% |
| Leverage (core capital) ratio | 9.63% | 9.59% | 9.01% | 8.88% | 8.42% | 8.16% | 8.10% | 8.33% |
| Total risk-based capital ratio | 12.44% | 12.70% | 12.58% | 12.05% | 11.59% | 11.39% | 11.15% | 10.79% |
Assets grew 5.6% from Q2 2025.
Loan mix
Share of gross loans, Q2 2026
- Real estate loans$865.8M64.3%
- Commercial and industrial loans$230.6M17.1%
- Consumer loans$36.52M2.7%
Find bank branches in North Dakota · Employees: 237
Frequently asked questions
- What is Cornerstone Bank's FDIC certificate number?
- Cornerstone Bank's FDIC certificate number is 13198.
- How big is Cornerstone Bank?
- Cornerstone Bank reported total assets of $1.85B and deposits of $1.65B as of Q2 2026.
- Is Cornerstone Bank FDIC insured?
- Yes. Cornerstone Bank has been insured by the FDIC since 01/01/1934. Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
Source: Federal Deposit Insurance Corporation, BankFind Suite (Call Report data) · Last updated 06/30/2026