Cornerstone Bank

Moorestown, NJ · Cert 35286 · Peer group: banks under $1B in assets in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area (n=33-37)

FDIC · 7 branches

Q2 2024

$322.7MAssets

$277.3MLoans

$290.7MDeposits

$27.5MEquity

Executive Summary

Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area (rank 15 of 33).
Widest gap: tier 1 capital ratio trails 100% of banks under $1B in assets in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area (rank 37 of 37).
Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

0.02%

Rank 32 of 37

Net Interest Margin

3.33%

Rank 10 of 36

Efficiency Ratio

100.09%

Rank 31 of 37

Equity / Assets

8.53%

Rank 27 of 37

Unfavorable gap of $10.6M · efficiency ratio beats 19% of banks under $1B in assets in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area

Metric	Your Bank	Peer 25th	Peer Median	Peer 75th	Standing	Rank	8-Qtr Trend
Earnings
Return on Assets	0.02%	0.31%	0.70%	1.24%	Beats 14%	32 / 37	n/a
Return on Equity	0.19%	2.07%	4.84%	11.23%	Beats 16%	31 / 37	n/a
Net Interest Margin	3.33%	2.63%	2.96%	3.45%	Beats 72%	10 / 36	n/a
Efficiency Ratio	100.09%	62.14%	71.36%	84.51%	Beats 19%	31 / 37	n/a
Asset Quality
Nonperforming Loans / Loans	0.13%	0.02%	0.25%	0.70%	Beats 58%	15 / 33	n/a
Net Charge-Offs / Loans	0.00%	n/a	0.00%	0.01%	Beats 100%	15 / 33	n/a
Capital
Tier 1 Capital Ratio	9.07%	12.71%	17.44%	29.99%	Beats 0%	37 / 37	n/a
Total Risk-Based Capital Ratio	10.23%	13.96%	18.38%	31.20%	Beats 3%	36 / 37	n/a
Equity / Assets	8.53%	8.14%	10.05%	19.96%	Beats 27%	27 / 37	n/a
Liquidity & Funding
Loans / Deposits	95.39%	54.71%	85.51%	99.29%	62nd pctl	14 / 37	n/a
Loans / Assets	85.92%	52.86%	73.67%	78.30%	88th pctl	4 / 33	n/a
Brokered Deposits / Deposits	n/a	Not reported for this institution