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Cornerstonebank

Atlanta, GA · Cert 35027

FDIC · 3 branches

Q3 2021

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2021, the quarter ended September 30, 2021, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Cornerstonebank

Atlanta, GA · Cert 35027

FDIC · 3 branches

Q3 2021

$228.7MAssets
$130.9MLoans
$207.1MDeposits
$19.1MEquity
Loan mix
70%RE $65.5M29%C&I $27.2M0%Consumer $0.3MQ3 2020Q3 2021
Deposit mix
67%Interest-bearing $139.2M33%Noninterest $67.8MQ3 2020Q3 2021

NIM

4.85%Q3 ’193.62%Q3 ’203.35%Q3 ’21-25%-3%

Non-interest income vs. expense

4.40%Q3 ’193.92%Q3 ’202.80%Q3 ’21-8%-37%

Market Position · Atlanta-Sandy Springs-Alpharetta, GA · 2021 SOD (annual) · 0.1% share · #50 of 81 inst. · $0.2B of $236.1B

0.1% Fulton
0.2% Dekalb

Executive Summary

  • Earnings: ROA of 0.80%, up 197 bps year over year; NIM at 2.74%.
  • Asset quality: problem loans at 3.99% of loans (-115 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 8.16%, down 7 bps from a year ago.
  • Funding: loans stand at 63.24% of deposits as of Q3 2021.

Financial Results

Return on Assets (YTD, annualized)

0.80%+197 bps YoY

Net Interest Margin (YTD, annualized)

2.74%-9 bps YoY

Efficiency Ratio (YTD, annualized)

85.94%-4,240 bps YoY

Tier 1 Leverage Ratio

8.16%-7 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2020Q4 2020Q1 2021Q2 2021Q3 2021YoY ΔTrend
Earnings
Return on Assets-1.17%-1.16%0.98%1.13%0.80%+197 bps
Return on Equity-12.56%-12.62%11.27%13.08%9.37%+2,193 bps
Net Interest Margin2.84%3.01%3.05%3.41%2.74%-9 bps
Efficiency Ratio128.35%128.90%74.33%76.73%85.94%-4,240 bps
Non-Interest Burden3.63%3.89%2.10%2.51%2.28%-135 bps
Growth
Asset Growth (YoY)15.24%7.96%4.38%-0.62%2.92%-1,232 bps
Loan Growth (YoY)19.40%15.27%11.57%-14.02%-17.32%-3,672 bps
Deposit Growth (YoY)19.71%13.51%15.08%4.92%12.10%-761 bps
Asset Quality
Nonperforming Loans / Loans5.14%5.17%3.95%3.75%3.99%-115 bps
Net Charge-Offs / Loans0.40%0.36%0.00%-0.01%-0.01%-40 bps
Allowance / Loans1.64%1.68%1.69%1.61%1.74%+10 bps
Allowance Coverage of NPLs0.3x0.3x0.4x0.4x0.4x+0.1x
Capital
Tier 1 Leverage Ratio8.23%8.31%8.42%8.77%8.16%-7 bps
Total Risk-Based Capital16.36%15.79%16.72%17.98%18.48%+212 bps
Equity / Assets8.57%8.62%8.72%8.65%8.34%-23 bps
Liquidity & Funding
Loans / Deposits85.74%83.65%77.39%70.17%63.24%-2,250 bps
Liquid Assets / Assets10.18%9.89%10.76%19.45%33.20%+2,302 bps
CRE / Total Capitaln/an/an/an/an/an/an/a