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Cornerstone Bancorp 2Q26 net income rises 14% to $3.15 million; NIM widens 0.32 percentage points to 3.97%

Cornerstone Bancorp 2Q26 net income rises 14% to $3.15 million; NIM widens 0.32 percentage points to 3.97%

ReutersReuters2026/08/04 16:30
  • Cornerstone Bancorp posted 2Q26 net income of $3.2 million, up 14% year over year.
  • Net interest income rose 12.5% to $9.99 million; net interest margin widened 32 basis points to 3.97%.
  • Noninterest income increased 30.7% to $1.86 million, including trust and wealth management revenue of $1.3 million.
  • Noninterest expense climbed 6.5% to $6.94 million; provision for loan losses was $480,000.
  • Loans grew 16% from a year earlier to $795.7 million; trust and wealth management assets rose 28.3% to $1.36 billion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cornerstone Bancorp Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608041230PR_NEWS_USPR_____CG18932) on August 04, 2026, and is solely responsible for the information contained therein.

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