Core Insights - Cornerstone Bancorp, Inc. reported a consolidated net income of $2.9 million for the third quarter of 2025, reflecting an increase of 11.6% compared to $2.6 million in the same period last year [8][9] - The net interest margin improved to 3.75% in Q3 2025, up from 3.33% in Q3 2024, indicating enhanced profitability from interest-earning assets [8][9] - Total assets increased by 1.5% to $1.02 billion as of September 30, 2025, compared to $1.00 billion a year earlier [8][9] Income Statement Highlights - Net interest income rose to $9.5 million in Q3 2025, a 14.2% increase from $8.4 million in Q3 2024 [7] - Noninterest income decreased by 3.4% to $1.4 million, down from $1.5 million year-over-year [7] - Noninterest expenses increased by 7.5% to $6.7 million, compared to $6.3 million in the previous year [7] Balance Sheet Highlights - The loan portfolio grew by 10.1% to $716.4 million, up from $651 million a year earlier [8][9] - Deposits increased by 0.7% to $904.5 million, compared to $898.3 million in Q3 2024 [8][9] - Tangible shareholders' equity improved by 12.6% to $88.2 million, up from $78.3 million a year earlier [8][9] Trust and Wealth Management - Trust and wealth management assets reached $1.13 billion as of September 30, 2025, compared to $1.02 billion a year earlier, marking an 11.0% increase [2][9] Market Position and Strategy - Cornerstone Bancorp focuses on serving commercial banking and investment needs for families and family-owned businesses, emphasizing relationship-based banking as larger banks shift towards institutional approaches [3][4] - The company is recognized for its commercial lending services, including equipment, real estate, and construction loans, as well as treasury management services [4]

Core Insights - Cornerstone Bancorp, Inc. reported a consolidated net income of $2.8 million for the second quarter of 2025, reflecting a 38.3% increase from $2.0 million in the same quarter of 2024, with earnings per diluted share rising to $2.81 from $2.05 [8][9] - The net interest margin improved to 3.65% in 2Q25, up from 3.27% in 2Q24, indicating enhanced profitability from interest-earning assets [8][9] - Total consolidated assets increased by 1.4% to $1.0 billion as of June 30, 2025, compared to $986.0 million a year earlier [8][9] Income Statement Highlights - Net interest income rose by 12.2% to $8.883 million in 2Q25 from $7.918 million in 2Q24 [9] - Noninterest income increased by 10.9% to $1.425 million in 2Q25 compared to $1.285 million in 2Q24 [9] - Noninterest expense was $6.5 million in 2Q25, slightly up from $6.4 million in 2Q24 [8][9] Balance Sheet Highlights - The loan portfolio grew by 7.2% to $686.1 million as of June 30, 2025, compared to $640.2 million a year earlier [8][9] - Total deposits increased by 0.7% to $891.6 million from $885.6 million a year earlier [8][9] - Tangible shareholders' equity improved by 14.0% to $84.5 million compared to $74.1 million a year earlier [8][9] Trust and Wealth Management - Trust and wealth management assets reached $1.06 billion on June 30, 2025, up from $975.9 million a year earlier, marking an 8.8% increase [3][9] Company Overview - Cornerstone Bancorp, Inc. was founded in 2000 and focuses on serving the commercial banking and investment needs of families and family-owned businesses, emphasizing relationship-based banking [4][5] - The company is headquartered in Palatine, Illinois, and operates multiple offices in the Chicago area [6]