OTCPK:CRSB

Stock Analysis Report

Cornerstone Community Bancorp

Executive Summary

Cornerstone Community Bancorp operates as a bank holding company for Cornerstone Community Bank that provides commercial, industrial, agricultural and personal credit and other banking services in Shasta, Tehama, and Glenn counties and the surrounding areas in California.

Snowflake

Fundamentals

Adequate balance sheet with proven track record.

Risks

  • Cornerstone Community Bancorp is not covered by any analysts.

Similar Companies

Share Price & News

How has Cornerstone Community Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.9%

OTCPK:CRSB

-2.6%

US Banks

-1.0%

US Market


1 Year Return

-6.4%

OTCPK:CRSB

-14.2%

US Banks

-0.4%

US Market

CRSB outperformed the Banks industry which returned -16.1% over the past year.

CRSB underperformed the Market in United States of America which returned -1.7% over the past year.


Share holder returns

CRSBIndustryMarket
7 Day-0.9%-2.6%-1.0%
30 Day0.6%-6.3%-3.3%
90 Day0.9%-3.5%0.8%
1 Year-6.4%-6.4%-11.8%-14.2%1.9%-0.4%
3 Year74.1%74.1%42.2%32.4%39.4%30.4%
5 Year91.3%91.3%53.3%36.7%54.2%37.1%

Price Volatility Vs. Market

How volatile is Cornerstone Community Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Cornerstone Community Bancorp undervalued based on future cash flows and its price relative to the stock market?

7.66x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Cornerstone Community Bancorp to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Cornerstone Community Bancorp to establish if it is available at substantial discount.


Price Based on Earnings

Cornerstone Community Bancorp is good value based on earnings compared to the US Banks industry average.

Cornerstone Community Bancorp is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Cornerstone Community Bancorp, we can't assess if its growth is good value.


Price Based on Value of Assets

Cornerstone Community Bancorp is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Cornerstone Community Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

2.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Cornerstone Community Bancorp is high growth as no revenue estimate data is available.

Cornerstone Community Bancorp's earnings are expected to grow by 2.4% yearly, however this is not considered high growth (20% yearly).

Unable to compare Cornerstone Community Bancorp's revenue growth to the United States of America market average as no estimate data is available.

Cornerstone Community Bancorp's earnings growth is positive but not above the United States of America market average.

Cornerstone Community Bancorp's earnings growth is positive but not above the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Cornerstone Community Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Cornerstone Community Bancorp performed over the past 5 years?

29.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Cornerstone Community Bancorp has delivered over 20% year on year earnings growth in the past 5 years.

Cornerstone Community Bancorp's 1-year earnings growth exceeds its 5-year average (65.1% vs 29.3%)

Cornerstone Community Bancorp's earnings growth has exceeded the US Banks industry average in the past year (65.1% vs 33.2%).


Return on Equity

Cornerstone Community Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Cornerstone Community Bancorp used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Cornerstone Community Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Cornerstone Community Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Cornerstone Community Bancorp has an acceptable proportion of non-loan assets held.

Unable to establish if Cornerstone Community Bancorp has a sufficient allowance for bad loans without relevant financial data.

Cornerstone Community Bancorp's liabilities are made up of primarily low risk sources of funding.

Cornerstone Community Bancorp's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Cornerstone Community Bancorp are broadly funded by customer deposits.

Unable to establish if Cornerstone Community Bancorp has an acceptable level of bad loans without bad loans data.


Next Steps

Dividend

What is Cornerstone Community Bancorp's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Cornerstone Community Bancorp's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Cornerstone Community Bancorp's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Cornerstone Community Bancorp has not reported any payouts.

Unable to verify if Cornerstone Community Bancorp's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Cornerstone Community Bancorp has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Cornerstone Community Bancorp's salary, the management and board of directors tenure and is there insider trading?

2.3yrs

Average management tenure


CEO

Jeff Finck

4.6yrs

Tenure

Mr. Jeffrey P. Finck, also known as Jeff, has been the President and Chief Executive Officer of Cornerstone Community Bancorp. and Cornerstone Community Bank since 2014 and also served as its Director. 


Management Age and Tenure

2.3yrs

Average Tenure

The tenure for the Cornerstone Community Bancorp management team is about average.


Board Age and Tenure

4.6yrs

Average Tenure

65.5yo

Average Age

The tenure for the Cornerstone Community Bancorp board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Matt Moseley

    Executive VP & Chief Banking Officer

    • Tenure: 2.8yrs
  • Heather Bell

    Senior VP & Director of Information Technology

  • Alissa Bell

    Senior VP & Compliance Officer

  • Cindy Fisher

    Senior VP & Commercial Loan Officer

    • Tenure: 1.6yrs
  • Suzanne Birch

    Vice President of Human Resources

    • Tenure: 1.8yrs
  • Jase Laughlin

    VP & Director of Operations

  • J. Stacy

    Senior VP & Business Development Officer

  • Nikki Rose

    VP & Director of Marketing

    • Tenure: 1.3yrs
  • Jeff Finck

    President & CEO

    • Tenure: 4.6yrs
  • Pat Phelan (55yo)

    Executive VP & CFO

    • Tenure: 4.6yrs

Board Members

  • Les Melburg (66yo)

    Director

    • Tenure: 4.6yrs
  • Bruce Dean

    Director

    • Tenure: 2.6yrs
  • Ken Robison (59yo)

    Chairman of the Board

    • Tenure: 4.6yrs
  • Bill McMahon (69yo)

    Director

    • Tenure: 4.6yrs
  • Mike Davis (65yo)

    Director

    • Tenure: 4.6yrs
  • Scott Putnam

    Director

  • Brian Haugen

    Director

    • Tenure: 1.6yrs
  • John Dues

    Director

    • Tenure: 0.6yrs

Company Information

Cornerstone Community Bancorp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cornerstone Community Bancorp
  • Ticker: CRSB
  • Exchange: OTCPK
  • Founded: 2014
  • Industry: regional banks
  • Sector: banks
  • Market Cap: US$26.529m
  • Shares outstanding: 1.52m
  • Website: Click here

Location

  • Cornerstone Community Bancorp
  • 500 Riverside Way
  • P.O. Box 889
  • Red Bluff
  • California
  • 96080
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CRSBOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 2007

Biography

Cornerstone Community Bancorp operates as a bank holding company for Cornerstone Community Bank that provides commercial, industrial, agricultural and personal credit and other banking services in Shasta,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 00:14
End of Day Share Price2019/08/15 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.