| Bank Cert #90282

Cornerstone Bank

Massachusetts JSON

Institution Profile

Address: 176 Main St Spencer, MA 01562
Website:

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FDIC Profile:

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Established:

4/5/1871

Branches:

17

Branches by Region
MA 17

Financial Overview

Total Assets
$1.82B
Total Deposits
$1.42B
Total Loans
$1.45B
Equity Capital
$159.65M
Employees
180
Allowance for Loan Losses
$6.14M

Performance Ratios

Net Worth Ratio
8.77%
Loan-to-Deposit Ratio
102.54%
Coverage Ratio
0.42% Allowance / Total Loans
Net Income
$8.35M
Return on Assets (ROA)
0.48%
Return on Equity (ROE)
5.41%

Assets, Loans & Deposits Over Time

Assets, Loans & Deposits Over Time

Total Assets: +52.01% Total Deposits: +52.06% Total Loans: +42.70% since 2020 Q1

Employee Growth

Employee Growth

Employees: +5.26% since 2020 Q1

Loan Portfolio Breakdown

Current outstanding balances by loan type

1-4 Family Residential
$759.36M 52.3%
Commercial Real Estate
$494.91M 34.1%
Multifamily
$84.45M 5.8%
Commercial & Industrial
$63.65M 4.4%
Other Consumer
$38.42M 2.6%
Construction
$11.09M 0.8%
Auto Loans
$1.15M 0.1%
Farmland
$50,000 0.0%

Portfolio Distribution

SBA 7(a) Loan Originations

Quarterly SBA origination activity and guaranteed exposure

SBA 7(a) Originations vs Cancellations per Quarter

Approved: +0.00% since 2020 Q1

SBA 7(a) Approved vs Guaranteed vs Cancelled Dollars

Approved: -36.00% Guaranteed: -62.35% since 2020 Q1

Net Income Trend

Net Income Trend

Net Income: +1022.18% since 2020 Q1

Historical Data Table

QuarterTotal AssetsTotal DepositsTotal LoansNet IncomeEmployees
2025 Q4 $1.82B $1.42B $1.45B $8.35M 180
2025 Q3 $1.77B $1.37B $1.43B $3.46M 195
2025 Q2 $1.73B $1.33B $1.40B $2.87M 201
2025 Q1 $1.71B $1.35B $1.36B $1.62M 187
2024 Q4 $1.68B $1.31B $1.33B -$2.89M 182
2024 Q3 $1.64B $1.29B $1.33B $182,000 189
2024 Q2 $1.62B $1.28B $1.33B $1.27M 189
2024 Q1 $1.60B $1.30B $1.32B $559,000 187
2023 Q4 $1.60B $1.30B $1.31B $4.11M 188
2023 Q3 $1.56B $1.26B $1.29B $3.19M 177
2023 Q2 $1.54B $1.24B $1.28B $2.33M 187
2023 Q1 $1.52B $1.24B $1.26B $1.49M 173
2022 Q4 $1.50B $1.25B $1.26B $7.62M 175
2022 Q3 $1.45B $1.21B $1.23B $5.60M 171
2022 Q2 $1.42B $1.21B $1.19B $3.85M 176
2022 Q1 $1.47B $1.25B $1.16B $1.15M 169
2021 Q4 $1.44B $1.22B $1.16B $7.97M 169
2021 Q3 $1.42B $1.17B $1.16B $6.04M 168
2021 Q2 $1.39B $1.15B $1.17B $4.22M 167
2021 Q1 $1.39B $1.14B $1.17B $1.97M 162
2020 Q4 $1.35B $1.09B $1.17B -$1.33M 162
2020 Q3 $1.32B $1.07B $1.16B -$500,000 167
2020 Q2 $1.31B $1.03B $1.12B -$765,000 171
2020 Q1 $1.20B $932.08M $1.02B $744,000 171