Cornerstone Bancorp Reports Third Quarter 2026 Financial Results

Cornerstone Bancorp, Inc. released its financial results for the third quarter ended September 30, 2026, highlighting growth in net income, loans, and assets compared to the same period in the previous year.

According to the reported data, consolidated net income for the third quarter of 2026 reached $3.3 million, or $3.31 per diluted share, showing an increase from $2.9 million, or $2.99 per diluted share, recorded in the third quarter of 2025. Total consolidated assets grew by 1.8% to reach $1.04 billion as of September 30, 2026.

Key Financial Highlights

• Net Income: $3.3 million ($3.31 per diluted share) for 3Q26 compared to $2.9 million ($2.99 per diluted share) for 3Q25.
• Net Interest Margin (NIM): Reported at 4.03% for 3Q26, up from 3.75% for 3Q25.
• Loan Portfolio: Totaled $789.7 million at the end of September 2026, marking a 10.2% increase from the prior year.
• Deposits: Reached $920.4 million, representing a 1.8% increase year-over-year.
• Trust and Wealth Management: Assets under management totaled $1.37 billion, compared to $1.13 billion a year earlier.

Capital Position and Operations

Cornerstone Bancorp maintained a well-capitalized status, reporting a Tier 1 Leverage Capital Ratio of 10.57% as of September 30, 2026. Tangible shareholders' equity improved by 11.0% to $97.9 million. Headquartered in Palatine, Illinois, the company operates through its subsidiary, Cornerstone National Bank & Trust Company, serving commercial banking and wealth management clients across several Illinois locations.

Readers can verify the original announcements and review complete financial statements by visiting the official investor relations channels or the PR Newswire release.