Cornerstone Bancorp Inc. (CNBP)

Cornerstone Bancorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	99.98	199.69	220.66	238.68	179.07
Investment Securities	195.26	76.23	120.78	79.02	67.9
Mortgage-Backed Securities	23.61	27.72	31.5	32.68	19.92
Total Investments	218.88	103.95	152.28	111.71	87.83
Gross Loans	647.56	647.64	609.73	592.83	597.98
Allowance for Loan Losses	-8.73	-8.13	-8.13	-8.08	-7.23
Other Adjustments to Gross Loans	-	-	-0.6	-1.32	-2.84
Net Loans	638.83	639.51	601	583.42	587.91
Property, Plant & Equipment	5.12	5.46	5.55	5.52	5.14
Loans Held for Sale	3.73	1.58	0.55	4.58	24.41
Accrued Interest Receivable	2.24	2.46	2.32	1.87	2.43
Restricted Cash	-	-	-	0.89	1.38
Long-Term Deferred Tax Assets	5.31	5.24	5.77	2.95	2.09
Other Real Estate Owned & Foreclosed	-	-	-	0.61	-
Other Long-Term Assets	2.81	0.91	0.98	0.5	0.93
Total Assets	976.89	958.8	989.11	950.73	891.18
Interest Bearing Deposits	558.25	516.28	512.98	481.56	447.99
Institutional Deposits	33.43	26.31	21.8	20.59	42.1
Non-Interest Bearing Deposits	279.62	314.49	349.3	348.44	306.12
Total Deposits	871.31	857.08	884.08	850.58	796.2
Short-Term Borrowings	-	4.12	15.25	9.48	11.92
Current Portion of Leases	0.42	-	0.34	-	-
Accrued Interest Payable	0.59	0.56	0.39	0.04	0.14
Long-Term Debt	7.76	7.76	12.76	17.76	19.76
Long-Term Leases	1.12	1.59	1.25	1.18	0.88
Trust Preferred Securities	10.31	10.31	10.31	10.31	10.31
Other Long-Term Liabilities	4.38	4.12	3.37	4.51	4.54
Total Liabilities	895.88	885.55	927.75	893.87	843.74
Common Stock	0	0	0	0	0
Additional Paid-In Capital	34.16	34.07	34.06	34.06	34.06
Retained Earnings	52.26	44.95	34.19	23.71	13.88
Treasury Stock	-0.72	-0.61	-	-	-
Comprehensive Income & Other	-4.69	-5.17	-6.89	-0.9	-0.5
Shareholders' Equity	81	73.25	61.36	56.87	47.44
Total Liabilities & Equity	976.89	958.8	989.11	950.73	891.18
Total Debt	19.61	23.79	39.92	38.73	42.86
Net Cash (Debt)	80.36	175.9	180.74	199.95	136.21
Net Cash Growth	-54.31%	-2.67%	-9.61%	46.80%	351.74%
Net Cash Per Share	81.95	178.02	181.81	201.05	136.95
Filing Date Shares Outstanding	0.98	0.99	0.99	0.99	0.99
Total Common Shares Outstanding	0.98	0.99	0.99	0.99	0.99
Book Value Per Share	82.33	74.36	61.73	57.20	47.72
Tangible Book Value	81	73.25	61.36	56.87	47.44
Tangible Book Value Per Share	82.33	74.36	61.73	57.20	47.72

Updated Jan 13, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.