Cornerstone Financial (Cornerstone Financial) Tax Rate % : 41.22% (As of Mar. 2012)

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What is Cornerstone Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cornerstone Financial's Tax Expense for the three months ended in Mar. 2012 was $-0.28 Mil. Cornerstone Financial's Pre-Tax Income for the three months ended in Mar. 2012 was $-0.67 Mil. Therefore, Cornerstone Financial's Tax Rate % for the quarter that ended in Mar. 2012 was 41.22%.

Cornerstone Financial Tax Rate % Historical Data

The historical data trend for Cornerstone Financial's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cornerstone Financial Tax Rate % Chart

Cornerstone Financial Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Tax Rate %

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60.54

65.34

44.93

38.87

41.69

Cornerstone Financial Quarterly Data
	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12
Tax Rate %	Get a 7-Day Free Trial															33.94	38.53	38.58	40.14	41.22

Cornerstone Financial Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Cornerstone Financial's Tax Rate % for the fiscal year that ended in Dec. 2011 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2011 )	/	Pre-Tax Income (A: Dec. 2011 )
	=	-0.838	/	-2.01
	=	41.69 %

Cornerstone Financial's Tax Rate % for the quarter that ended in Mar. 2012 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2012 )	/	Pre-Tax Income (Q: Mar. 2012 )
	=	-0.277	/	-0.672
	=	41.22 %

Cornerstone Financial Tax Rate % Related Terms

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Cornerstone Financial (Cornerstone Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cornerstone Financial Corp (OTCPK:CFIC) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6000 Midlantic Drive, Suite 120S, Mount Laurel, NJ, USA, 08054

Website

http://www.cornerstonebanknj.com

Cornerstone Financial Corp provides a range of lending, deposit, and financial products. It emphasizes commercial real estate and commercial lending to small businesses and professionals. It offers savings, business lending, mobile banking, online banking, and other services.

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