401k Plan data: RETIREMENT PLAN FOR EMPLOYEES OF CORNERSTONE BANK plan

RETIREMENT PLAN FOR EMPLOYEES OF CORNERSTONE BANK 401k Plan overview

Plan Name	RETIREMENT PLAN FOR EMPLOYEES OF CORNERSTONE BANK
Plan identification number	001

RETIREMENT PLAN FOR EMPLOYEES OF CORNERSTONE BANK Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.

401k Sponsoring company profile

CORNERSTONE BANK has sponsored the creation of one or more 401k plans.

Company Name: CORNERSTONE BANK

Employer identification number (EIN): 730502820

NAIC Classification: 522110
NAIC Description: Commercial Banking

Additional information about CORNERSTONE BANK

Jurisdiction of Incorporation: Iowa Secretary of State Business Entities

Incorporation Date: 2014-06-27

Company Identification Number: 481595

Legal Registered Office Address: 123 EAST MAIN ST

CLARINDA
United States of America (USA)
51632

More information about CORNERSTONE BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR EMPLOYEES OF CORNERSTONE BANK

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2021-01-01 PAULA BEILAND 2021-04-26
001 2020-01-01 PAULA BEILAND 2021-04-26
001 2018-01-01 JUDY FELDER 2019-07-10
001 2017-01-01 JUDY FELDER 2018-06-06
001 2016-01-01 JUDY FELDER 2017-06-16
001 2015-01-01 JUDY FELDER 2016-07-27
001 2014-01-01 JUDY FELDER 2015-02-03
001 2013-01-01 JUDY FELDER 2014-07-08
001 2012-01-01 JUDY FELDER 2013-03-28
001 2011-01-01 JUDY FELDER 2012-04-26
001 2010-01-01 JUDY FELDER 2011-06-27

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2021-01-01	PAULA BEILAND	2021-04-26
001	2020-01-01	PAULA BEILAND	2021-04-26
001	2018-01-01	JUDY FELDER	2019-07-10
001	2017-01-01	JUDY FELDER	2018-06-06
001	2016-01-01	JUDY FELDER	2017-06-16
001	2015-01-01	JUDY FELDER	2016-07-27
001	2014-01-01	JUDY FELDER	2015-02-03
001	2013-01-01	JUDY FELDER	2014-07-08
001	2012-01-01	JUDY FELDER	2013-03-28
001	2011-01-01	JUDY FELDER	2012-04-26
001	2010-01-01	JUDY FELDER	2011-06-27

Plan Statistics for RETIREMENT PLAN FOR EMPLOYEES OF CORNERSTONE BANK

401k plan membership statisitcs for RETIREMENT PLAN FOR EMPLOYEES OF CORNERSTONE BANK

Measure Date Value
2020: RETIREMENT PLAN FOR EMPLOYEES OF CORNERSTONE BANK 2020 401k membership
Market value of plan assets 2020-12-31 11,643,701
Acturial value of plan assets 2020-12-31 11,643,701
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 1,691,512
Number of terminated vested participants 2020-12-31 2
Fundng target for terminated vested participants 2020-12-31 107,410
Active participant vested funding target 2020-12-31 5,014,691
Number of active participants 2020-12-31 47
Total funding liabilities for active participants 2020-12-31 5,248,431
Total participant count 2020-12-31 66
Total funding target for all participants 2020-12-31 7,047,353
Balance at beginning of prior year after applicable adjustments 2020-12-31 637,918
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 637,918
Amount remaining of prefunding balance 2020-12-31 0
Present value of excess contributions 2020-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 770,605
Balance of prefunding at beginning of current year 2020-12-31 0
Total employer contributions 2020-12-31 0
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 0
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 363,813
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 0
Additional cash requirement 2020-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: RETIREMENT PLAN FOR EMPLOYEES OF CORNERSTONE BANK 2019 401k membership
Market value of plan assets 2019-12-31 9,911,715
Acturial value of plan assets 2019-12-31 9,911,715
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 1,742,738
Number of terminated vested participants 2019-12-31 2
Fundng target for terminated vested participants 2019-12-31 99,848
Active participant vested funding target 2019-12-31 4,393,867
Number of active participants 2019-12-31 48
Total funding liabilities for active participants 2019-12-31 4,622,028
Total participant count 2019-12-31 67
Total funding target for all participants 2019-12-31 6,464,614
Balance at beginning of prior year after applicable adjustments 2019-12-31 658,122
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 658,122
Amount remaining of prefunding balance 2019-12-31 0
Present value of excess contributions 2019-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 0
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 637,918
Balance of prefunding at beginning of current year 2019-12-31 0
Total employer contributions 2019-12-31 0
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 0
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 316,973
Net shortfall amortization installment of oustanding balance 2019-12-31 0
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 0
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 0
Additional cash requirement 2019-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: RETIREMENT PLAN FOR EMPLOYEES OF CORNERSTONE BANK 2018 401k membership
Market value of plan assets 2018-12-31 10,496,143
Acturial value of plan assets 2018-12-31 10,496,143
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 1,802,320
Number of terminated vested participants 2018-12-31 1
Fundng target for terminated vested participants 2018-12-31 82,901
Active participant vested funding target 2018-12-31 3,721,396
Number of active participants 2018-12-31 46
Total funding liabilities for active participants 2018-12-31 4,037,615
Total participant count 2018-12-31 64
Total funding target for all participants 2018-12-31 5,922,836
Balance at beginning of prior year after applicable adjustments 2018-12-31 567,885
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 567,885
Amount remaining of prefunding balance 2018-12-31 0
Present value of excess contributions 2018-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 658,122
Balance of prefunding at beginning of current year 2018-12-31 0
Total employer contributions 2018-12-31 0
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 0
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 272,778
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 0
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: RETIREMENT PLAN FOR EMPLOYEES OF CORNERSTONE BANK 2017 401k membership
Market value of plan assets 2017-12-31 9,331,556
Acturial value of plan assets 2017-12-31 9,331,556
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 1,481,943
Number of terminated vested participants 2017-12-31 2
Fundng target for terminated vested participants 2017-12-31 107,975
Active participant vested funding target 2017-12-31 3,400,824
Number of active participants 2017-12-31 42
Total funding liabilities for active participants 2017-12-31 3,649,626
Total participant count 2017-12-31 59
Total funding target for all participants 2017-12-31 5,239,544
Balance at beginning of prior year after applicable adjustments 2017-12-31 526,600
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 526,600
Amount remaining of prefunding balance 2017-12-31 0
Present value of excess contributions 2017-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 567,885
Balance of prefunding at beginning of current year 2017-12-31 0
Total employer contributions 2017-12-31 0
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 0
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 328,979
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 0
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: RETIREMENT PLAN FOR EMPLOYEES OF CORNERSTONE BANK 2016 401k membership
Market value of plan assets 2016-12-31 8,952,324
Acturial value of plan assets 2016-12-31 8,952,324
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 1,453,165
Number of terminated vested participants 2016-12-31 2
Fundng target for terminated vested participants 2016-12-31 178,504
Active participant vested funding target 2016-12-31 2,841,628
Number of active participants 2016-12-31 45
Total funding liabilities for active participants 2016-12-31 3,060,327
Total participant count 2016-12-31 62
Total funding target for all participants 2016-12-31 4,691,996
Balance at beginning of prior year after applicable adjustments 2016-12-31 531,973
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 531,973
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 526,600
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 0
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 0
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 383,201
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2020: RETIREMENT PLAN FOR EMPLOYEES OF CORNERSTONE BANK 2020 401k membership
Market value of plan assets	2020-12-31	11,643,701
Acturial value of plan assets	2020-12-31	11,643,701
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	1,691,512
Number of terminated vested participants	2020-12-31	2
Fundng target for terminated vested participants	2020-12-31	107,410
Active participant vested funding target	2020-12-31	5,014,691
Number of active participants	2020-12-31	47
Total funding liabilities for active participants	2020-12-31	5,248,431
Total participant count	2020-12-31	66
Total funding target for all participants	2020-12-31	7,047,353
Balance at beginning of prior year after applicable adjustments	2020-12-31	637,918
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	637,918
Amount remaining of prefunding balance	2020-12-31	0
Present value of excess contributions	2020-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	770,605
Balance of prefunding at beginning of current year	2020-12-31	0
Total employer contributions	2020-12-31	0
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	0
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	363,813
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	0
Additional cash requirement	2020-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: RETIREMENT PLAN FOR EMPLOYEES OF CORNERSTONE BANK 2019 401k membership
Market value of plan assets	2019-12-31	9,911,715
Acturial value of plan assets	2019-12-31	9,911,715
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	1,742,738
Number of terminated vested participants	2019-12-31	2
Fundng target for terminated vested participants	2019-12-31	99,848
Active participant vested funding target	2019-12-31	4,393,867
Number of active participants	2019-12-31	48
Total funding liabilities for active participants	2019-12-31	4,622,028
Total participant count	2019-12-31	67
Total funding target for all participants	2019-12-31	6,464,614
Balance at beginning of prior year after applicable adjustments	2019-12-31	658,122
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	658,122
Amount remaining of prefunding balance	2019-12-31	0
Present value of excess contributions	2019-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	0
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	637,918
Balance of prefunding at beginning of current year	2019-12-31	0
Total employer contributions	2019-12-31	0
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	0
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	316,973
Net shortfall amortization installment of oustanding balance	2019-12-31	0
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	0
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	0
Additional cash requirement	2019-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: RETIREMENT PLAN FOR EMPLOYEES OF CORNERSTONE BANK 2018 401k membership
Market value of plan assets	2018-12-31	10,496,143
Acturial value of plan assets	2018-12-31	10,496,143
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	1,802,320
Number of terminated vested participants	2018-12-31	1
Fundng target for terminated vested participants	2018-12-31	82,901
Active participant vested funding target	2018-12-31	3,721,396
Number of active participants	2018-12-31	46
Total funding liabilities for active participants	2018-12-31	4,037,615
Total participant count	2018-12-31	64
Total funding target for all participants	2018-12-31	5,922,836
Balance at beginning of prior year after applicable adjustments	2018-12-31	567,885
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	567,885
Amount remaining of prefunding balance	2018-12-31	0
Present value of excess contributions	2018-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	658,122
Balance of prefunding at beginning of current year	2018-12-31	0
Total employer contributions	2018-12-31	0
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	0
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	272,778
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	0
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: RETIREMENT PLAN FOR EMPLOYEES OF CORNERSTONE BANK 2017 401k membership
Market value of plan assets	2017-12-31	9,331,556
Acturial value of plan assets	2017-12-31	9,331,556
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	1,481,943
Number of terminated vested participants	2017-12-31	2
Fundng target for terminated vested participants	2017-12-31	107,975
Active participant vested funding target	2017-12-31	3,400,824
Number of active participants	2017-12-31	42
Total funding liabilities for active participants	2017-12-31	3,649,626
Total participant count	2017-12-31	59
Total funding target for all participants	2017-12-31	5,239,544
Balance at beginning of prior year after applicable adjustments	2017-12-31	526,600
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	526,600
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	567,885
Balance of prefunding at beginning of current year	2017-12-31	0
Total employer contributions	2017-12-31	0
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	0
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	328,979
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	0
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: RETIREMENT PLAN FOR EMPLOYEES OF CORNERSTONE BANK 2016 401k membership
Market value of plan assets	2016-12-31	8,952,324
Acturial value of plan assets	2016-12-31	8,952,324
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	1,453,165
Number of terminated vested participants	2016-12-31	2
Fundng target for terminated vested participants	2016-12-31	178,504
Active participant vested funding target	2016-12-31	2,841,628
Number of active participants	2016-12-31	45
Total funding liabilities for active participants	2016-12-31	3,060,327
Total participant count	2016-12-31	62
Total funding target for all participants	2016-12-31	4,691,996
Balance at beginning of prior year after applicable adjustments	2016-12-31	531,973
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	531,973
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	526,600
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	0
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	383,201
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	CORNERSTONE BANK
Employer identification number (EIN):	730502820
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Jurisdiction of Incorporation:	Iowa Secretary of State Business Entities
Incorporation Date:	2014-06-27
Company Identification Number:	481595
Legal Registered Office Address:	123 EAST MAIN ST CLARINDA United States of America (USA) 51632