Cornerstone Bank in York, Nebraska (NE)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Cornerstone Bank in York, Nebraska (NE)
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Cornerstone Bank routing number info

Cornerstone Bank - Overview

  • General
  • FDIC Certificate #: 5496
    Status: Active
    Federal Reserve ID: 403151
    Bank Holding Company (Regulatory Top Holder): First York Ban Corp. (RSSDID: 1050646, Location: York, NE)
    Date Established: April 22, 1882
    WWW: http://www.cornerstoneconnect.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 33 (Domestic: 33, Interstate: No)
    FDIC's unique #: 3727
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 06, 2011
    Last Structure Change Process Date: October 13, 2011
    Last Data Update: October 13, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 529 Lincoln Avenue, York, NE 68467
    County: York
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Grand Island
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $1,118.2 mil
    Equity capital: $89.0 mil
    Deposits held in domestic offices: $1,010.6 mil
    Return on assets (ROA): 1.67% ($18.7 mil)
    Quarterly return on assets: 1.87% ($20.9 mil)
    Return on Equity (ROE): 20.18% ($18.0 mil)
    Quarterly return on equity: 22.73% ($20.2 mil)
    Net income: $16.8 mil
    Quarterly Net income: $5.0 mil
    Pretax return on assets: 1.71% ($19,120.8 mil)
    Quarterly Pretax return on assets: 1.91% ($21,357.2 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 364Total employees (full-time equivalent)
  • $1,118,176Total assets
  • $127,089Cash and due from depository institutions
  • $30,530Interest-bearing balances
  • $240,025Securities
  • $2,000Federal funds sold & reverse repurchase agreements
  • $688,044Net loans & leases
  • $8,733Loan loss allowance
  • $0Trading account assets
  • $19,061Bank premises and fixed assets
  • $1,897Other real estate owned
  • $7,298Goodwill and other intangibles
  • $1,118,176Life insurance assets
  • $32,762All other assets
  • $1,029,164Total liabilities and capital
  • $1,010,553Total liabilities
  • $789,768Total deposits
  • $1,010,553Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 3970.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $12,450Trading liabilities
  • $0Other borrowed funds
  • $2,191Subordinated debt
  • $89,012All other liabilities
  • $89,012Total equity capital
  • $89,012Total bank equity capital
  • $0Perpetual preferred stock
  • $3,000Common stock
  • $59,000Surplus
  • $27,012Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,559Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,650Income earned, not collected on loans
  • $0Earning assets
  • $9,438Long-term assets (5+ years)
  • $960,599Average Assets, year-to-date
  • $297,739Average Assets, quarterly
  • $1,007,239Volatile liabilities
  • $1,065,950Insider loans
  • $778,974FHLB advances
  • $1,033,643Loans and leases held for sale
  • $150Unused loan commitments
  • $150Tier 1 (core) risk-based capital
  • $81,222Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $264,463Restructured Loans and leases
  • $9,029Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $46,567Total interest income
  • $8,173Total interest expense
  • $38,394Net interest income
  • $1,500Provision for loan and lease losses
  • $12,173Total noninterest income
  • $1,398Fiduciary activities
  • $1,877Service charges on deposit accounts
  • $0Trading account gains & fees
  • $8,898Additional noninterest income
  • $31,858Total noninterest expense
  • $19,759Salaries and employee benefits
  • $4,135Premises and equipment expense
  • $7,964Additional noninterest expense
  • $17,209Pre-tax net operating income
  • $2Securities gains (losses)
  • $417Applicable income taxes
  • $16,794Income before extraordinary items
  • $0Extraordinary gains - net
  • $16,794Net income attributable to bank
  • $0Net charge-offs
  • $16,794Cash dividends
  • $1,102Sale, conversion, retirement of capital stock, net
  • $8,100Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.19%Yield on earning assets
  • 0.91%Cost of funding earning assets
  • 4.28%Net interest margin
  • 1.36%Noninterest income to earning assets
  • 3.55%Noninterest expense to earning assets
  • 1.67%Net operating income to assets
  • 1.67%Return on assets (ROA)
  • 1.71%Pretax return on assets
  • 20.18%Return on equity (ROE)
  • 10.45%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 136.12%Credit loss provision to net charge-offs
  • 16.98%Efficiency ratio
  • 61,677Assets per employee
  • 3.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.23%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 329.55%Noncurrent assets plus other real estate owned to assets
  • 0.41%Noncurrent loans to loans
  • 0.38%Net loans and leases to deposits
  • 68.09%Net loans and leases to core deposits
  • 73.02%Equity capital to assets
  • 7.96%Core capital (leverage) ratio
  • 7.86%Tier 1 risk-based capital ratio
  • 10.43%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $1,007,239Average earning assets
  • $83,226Average equity
  • $896,545Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $236,951Managed Assets
  • 1Number of Accounts
  • $193,019Personal trust and agency accounts
  • $128,595Employee benefit-defined contribution accounts
  • $16,844Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $7,553Corporate trust and agency accounts
  • $8,382Investment management agency accounts
  • $16,427Other fiduciary accounts
  • $15,218Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 481Number of Accounts
  • $0Personal trust and agency accounts
  • $7,553Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $43,932Other retirement accounts
  • $1,122Corporate trust and agency accounts
  • $21,847Other fiduciary accounts
  • $197Fiduciary accounts held in foreign offices

List of branches

  • 33 Nebraska Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    03727Cornerstone Bank529 Lincoln Avenue, York, NE 68467April 22, 1882Full Service Brick and Mortar
    1207759Motor Bank Branch528 Grant Avenue, York, NE 68467November 07, 1963Limited Service Facility
    2207760Lincoln Avenue Branch1730 Lincoln Avenue, York, NE 68467April 26, 1976Limited Service Facility
    33636Bradshaw Branch520 Lincoln, Bradshaw, NE 68319January 01, 1882Full Service Brick and Mortar
    412566Mccool Junction Branch401 East M Street, Mccool Junction, NE 68401January 01, 1887Full Service Brick and Mortar
    55320Waco BranchMidland Street, Waco, NE 68460January 01, 1884Full Service Brick and Mortar
    7282457Aurora Branch1206 13th Street, Aurora, NE 68818January 01, 1892Full Service Brick and Mortar
    8282458Central City Branch1631 16th Street, Central City, NE 68826January 01, 1892Full Service Brick and Mortar
    9282459Geneva Branch1141 G Street, Geneva, NE 68361January 01, 1892Full Service Brick and Mortar
    10282460Henderson Branch936 Main Street, Henderson, NE 68371January 01, 1892Full Service Brick and Mortar
    12207761Messenger Service Branch529 Lincoln Avenue, York, NE 68467January 12, 1994Limited Service Messenger
    13207762Hampton Branch409 A Street, Hampton, NE 68843Febuary 29, 1996Full Service Brick and Mortar
    14207763Columbus Branch3304 16th Street, Columbus, NE 68601July 31, 1996Full Service Brick and Mortar
    15207764Columbus Branch1727 23rd Street, Columbus, NE 68601May 28, 1999Full Service Brick and Mortar
    16207765Cornerstone Bank-South Facility Bran3511 South Lincoln Avenue, York, NE 68467November 04, 1999Full Service Brick and Mortar
    178693Monroe BranchMain Street, Monroe, NE 68647August 01, 1892Full Service Brick and Mortar
    183713Stromsburg Branch123 East Fourth Street, Stromsburg, NE 68666January 01, 1888Full Service Brick and Mortar
    191336Polk BranchMain Street, Polk, NE 68654January 01, 1919Full Service Brick and Mortar
    20365597Cornerstone Branch260 Garhan Avenue, Rising City, NE 68658November 18, 2002Full Service Brick and Mortar
    21439991Columbus Wal-Mart Branch818 East 23rd Street, Columbus, NE 68601April 13, 2005Full Service Retail
    22439992York Wal-Mart Branch101 David Drive, York, NE 68467April 13, 2005Full Service Retail
    23444519G. I. Wal-Mart Locust Branch3501 South Locust Street, Grand Island, NE 68801July 20, 2005Full Service Retail
    24444520G. I. Wal-Mart Diers Branch2250 North Diers Avenue, Grand Island, NE 68803July 20, 2005Full Service Retail
    253625The Albion National Bank Branch240 South 3rd Street, Albion, NE 68620January 02, 1890Full Service Brick and Mortar
    26433185Albion Messenger Service Branch240 South 3rd Street, Albion, NE 68620October 21, 2004Limited Service Messenger
    27436708Bartlett BranchThird And Main Streets, Bartlett, NE 68622September 15, 2003Full Service Brick and Mortar
    289046City State Bank BranchMain Street, Sutton, NE 68979November 08, 1913Full Service Brick and Mortar
    2912643City State Bank-Clay Center103 S Brown Ave, Clay Center, NE 68933August 09, 1944Full Service Brick and Mortar
    30453056Sutton Drive-Thru Branch902 South Saunders Avenue, Sutton, NE 68979May 04, 2006Limited Service Facility
    31463220810 North Diers Aveneu Branch810 North Diers Avenue Suite H, Grand Island, NE 68803May 22, 2007Full Service Brick and Mortar
    329636Bank Of St. Edward Branch200 Main Street, Saint Edward, NE 68660August 01, 1935Full Service Brick and Mortar
    338940Harvard Branch302 North Clay Avenue, Harvard, NE 68944May 18, 1930Full Service Brick and Mortar
    345495Shelton BranchHighway 30 And C Street, Shelton, NE 68876January 01, 1928Full Service Brick and Mortar

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