North Dakota – Cass – Fargo
(NM) Commercial bank, state charter and Fed nonmember
active
www.cornerstonebanks.net
North Dakota
Cass
Fargo
(NM) Commercial bank, state charter and Fed nonmember
active
13198
1907
FDIC Certificate Number: 13198
FDIC's unique number: 8352
The FDIC Field Office where an institution is physically located: Fargo
Federal Reserve ID Number: 743857
Report Date: 2011-06-30
Bank Charter Class: NM
Number of Domestic Offices: 4
Number of Foreign Offices: 0
The date of the last data update: 2011-06-22
1907-07-15 Institution established. Original name: Citizens State Bank.
1994-01-03 Acquired Peoples & Enderlin State Bank in Enderlin, North Dakota.
2006-07-18 Changed name to Cornerstone Bank .
2007-08-31 Changed trust powers from Trust Powers Not Granted to Limited Trust Powers Granted.
2009-08-21 Moved bank headquarters from Enderlin, North Dakota to Fargo, North Dakota.
2009-08-25 Moved bank headquarters from Fargo, North Dakota to Enderlin, North Dakota.
2010-12-03 Moved bank headquarters from Enderlin, North Dakota to Fargo, North Dakota.
Total assets: $266,734,000
Total deposits: $221,244,000
Deposits held in domestic offices: $221,244,000
Equity capital: $23,254,000
Net income: $-180,000
Return on Assets: -0.14
Return on Equity: -1.55
Last updated on: 2011-10-20
Bank Holding Company: Cornerstone Holding Company, Inc.
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Profile ID: LFUS-BAB-P-15679