BNET Industries
Market Cap:$8.6M
Last Fiscal Year Sales:$11.1M
- Public
- US
Dow Jones Description
Bank Holding Company
President
Gerald F. Fitzgerald Jr.Number of Employees 57
Contact Information
550 Summer St
Stamford, Connecticut 06901-1412
(203) 356-0111
Peer Companies
NAICS Code Commercial Banking: 522110
News & Analysis
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cornerstone bancorp inc. - All News and Analysis
NewAlliance Bancshares Completes Cornerstone Acquisition
NEW HAVEN, Conn. -- NewAlliance Bancshares, Inc. (NYSE: NAL) announced that it completed its acquisition of Stamford-based Cornerstone Bancorp, Inc. (AMEX:CBN) yesterday, providing its initial entry into Fairfield County. Shareholders of Cornerstone approved the acquisition in August and the banks received the required regulatory approvals in September. The cash-and-stock transaction...
Cornerstone Bancorp, Inc. Pays Final Quarterly Shareholder Dividend
STAMFORD, Conn. -- Merrill J. Forgotson, President of Cornerstone Bancorp, Inc., announced that the Board of Directors declared, at its meeting held today, a final quarterly cash dividend of $0.35 per share. The quarterly dividend is payable on January 6, 2006 to stockholders of record as of the close of...
Cornerstone Bancorp, Inc. Announces Election Deadline of December 29, 2005 in Connection with Proposed Merger
STAMFORD, Conn. -- Merrill J. Forgotson, President and Chief Executive Officer of Cornerstone Bancorp, Inc. ("Cornerstone Bancorp"), today announced that NewAlliance Bancshares, Inc. (NYSE: NAL) had mailed on December 7, 2005 to all shareholders of Cornerstone Bancorp election and transmittal information with respect to the proposed merger of Cornerstone Bancorp...
Cornerstone Bancorp, Inc. Reports Results of Operations for Q3 2005
STAMFORD, Conn. -- Merrill J. Forgotson, President and Chief Executive Officer of Cornerstone Bancorp, Inc. (the "Bancorp"), today reported consolidated net earnings for the Bancorp and its subsidiary, Cornerstone Bank (the "Bank"), for the third quarter of 2005. On April 13, 2005 Cornerstone Bancorp announced it had signed a...
Peyton R. Patterson Named the Second Most Powerful Woman in Banking by U.S. Banker Magazine
NEW HAVEN, Conn. -- Chairman, President and CEO of NewAlliance Bank is Ranked #2 for Second Consecutive Year in Annual Survey of "The 25 Most Powerful Women in Banking" Peyton R. Patterson, Chairman, President and Chief Executive Officer of NewAlliance Bank (NYSE: NAL), has been recognized as the second...
Cornerstone Bancorp, Inc. Announces Regulatory Approval of Merger
STAMFORD, Conn. -- Merrill J. Forgotson, President of Cornerstone Bancorp, Inc., announced today that NewAlliance Bancshares, Inc. had received the required final regulatory approvals from both the Connecticut Banking Department and the FDIC to acquire Cornerstone Bancorp. Shareholders of Cornerstone Bancorp in August approved the Agreement and Plan of Merger,...
Cornerstone Bancorp, Inc. Pays Third Quarter 2005 Shareholder Dividend
STAMFORD, Conn. -- Merrill J. Forgotson, President of Cornerstone Bancorp, Inc., announced that the Board of Directors declared, at its regularly scheduled meeting, a quarterly cash dividend of $0.1125 per share. The quarterly dividend is payable on October 17, 2005 to stockholders of record as of the close of business...
Cornerstone Bancorp, Inc. Announces Shareholder Approval of Merger
STAMFORD, Conn. -- Merrill J. Forgotson, President of Cornerstone Bancorp, Inc., announced that the shareholders of Cornerstone Bancorp, at its annual meeting held on August 10, 2005, approved the Agreement and Plan of Merger, dated as of April 12, 2005, among Cornerstone Bancorp, Inc., Cornerstone Bank, NewAlliance Bancshares, Inc. and...
Cornerstone Bancorp, Inc. Reports Results of Operations for Q2 2005
STAMFORD, Conn. -- Merrill J. Forgotson, President and Chief Executive Officer of Cornerstone Bancorp, Inc. (AMEX: CBN)(the "Bancorp"), today reported consolidated net earnings for the Bancorp and its subsidiary, Cornerstone Bank (the "Bank"), for the second quarter of 2005. On April 13, 2005 Cornerstone Bancorp announced it had signed...
Cornerstone Bancorp, Inc. Pays Second Quarter 2005 Shareholder Dividend
STAMFORD, Conn. -- Merrill J. Forgotson, President of Cornerstone Bancorp, Inc., announced that the Board of Directors declared, at its regularly scheduled meeting, a quarterly cash dividend of $0.1125 per share. The quarterly dividend is payable on July 15, 2005 to stockholders of record as of the close of business...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Gerald F. Fitzgerald Jr. | President |
| Ernest Verrico | CFO & Vice President |
| James Jakubek | COO & Executive Vice President |
| Leigh Hardisty | Vice President & Secretary |
| Paul Reader | Senior Vice President & Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Courtney A. Nelthropp | Board of Directors |
| Donald Sappern | Board of Directors |
| J. James Gordon | Board of Directors |
| Joseph A. Maida | Board of Directors |
| Joseph D. Waxberg | Board of Directors |
| Joseph Field | Board of Directors |
| Leonard Miller | Board of Directors |
| Martin Prince | Board of Directors |
| Norman H. Reader | Vice Chairman |
| Ronald C. Miller | Board of Directors |
| Stanley A. Levine | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Cornerstone Bancorp, Inc. | President | Current |
| Clear Brook, Inc. | Current | |
| Cornerstone Bancorp, Inc. | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Cornerstone Bancorp, Inc. | CFO & Vice President | Current |
| Cornerstone Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Cornerstone Bancorp, Inc. | COO & Executive Vice President | Current |
| Cornerstone Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Cornerstone Bancorp, Inc. | Vice President & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Cornerstone Bancorp, Inc. | Senior Vice President & Director | Current |
| Cornerstone Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Cornerstone Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Cornerstone Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Cornerstone Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Cornerstone Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Cornerstone Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Cornerstone Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Cornerstone Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Cornerstone Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Cornerstone Bancorp, Inc. | Vice Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Cornerstone Bancorp, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Cornerstone Bancorp, Inc. | Board of Directors | Current |
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