Cornerstone Financial (Cornerstone Financial) Scaled Net Operating Assets : 0.08 (As of Mar. 2012)

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What is Cornerstone Financial Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cornerstone Financial's operating assets for the quarter that ended in Mar. 2012 was $377.45 Mil. Cornerstone Financial's operating liabilities for the quarter that ended in Mar. 2012 was $347.05 Mil. Cornerstone Financial's Total Assets for the quarter that ended in Dec. 2011 was $383.79 Mil. Therefore, Cornerstone Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2012 was 0.08.

Cornerstone Financial Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cornerstone Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2011 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2011 )
=	(Operating Assets (A: Dec. 2011 )	-	Operating Liabilities (A: Dec. 2011 ))	/	Total Assets (A: Dec. 2010 )
=	(378.746	-	331.718)	/	354.017
=	0.13

where

	Operating Assets		(A: Dec. 2011 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	383.785	-	5.039
=	378.746

	Operating Liabilities		(A: Dec. 2011 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	364.718	-	28	-	5
=	331.718

Cornerstone Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2012 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2012 )
=	(Operating Assets (Q: Mar. 2012 )	-	Operating Liabilities (Q: Mar. 2012 ))	/	Total Assets (Q: Dec. 2011 )
=	(377.448	-	347.051)	/	383.785
=	0.08

where

	Operating Assets		(Q: Mar. 2012 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	383.184	-	5.736
=	377.448

	Operating Liabilities		(Q: Mar. 2012 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	365.051	-	13	-	5
=	347.051

* 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 (Cornerstone Financial) Business Description

Industry

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Traded in Other Exchanges

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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.