Cornerstone Bancorp, Inc Quarterly Report - March 31, 2025

PALATINE, Ill., May 14, 2025 /PRNewswire/ -- CORNERSTONE BANCORP, INC.FIRST QUARTER 2025 HIGHLIGHTS (At or for period ended 3/31/2025)Income Statement Highlights Consolidated net income was $2.0 million in 1Q25, or$2.06 per diluted share, compared to $2.2 million in 1Q24, or$2.19 per diluted share. The net interest margin (NIM) was 3.47% for 1Q25, compared to 3.39% for 1Q24. Interest earned on the Bank's interest-bearing deposit accounts at correspondent banks was $989,000 for 1Q25 compared to$2.8 millio ...