mainbody.htm
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C.
20549
SCHEDULE 13G
Under the Securities Exchange Act of
1934
Cornerstone Financial
Corporation
(Name of
Issuer)
(Title of
Class of Securities)
(CUSIP
Number)
(Date
of Event which Requires Filing of this Statement)
Check the
appropriate box to designate the rule pursuant to which this Schedule is
filed:
[ ] Rule
13d-1(b)
[ X
] Rule
13d-1(c)
[ ] Rule
13d-1(d)
The
information required in the remainder of this cover page shall not be deemed to
be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934
(“Act”) or otherwise subject to the liabilities of that section of the Act, but
shall be subject to all other provisions of the Act (however, see the
Notes).
|
1.
|
Names
of Reporting Persons/I.R.S. Identification Nos. of Above Persons (Entities
Only).
|
Black River BancVenture,
Inc.
EIN:
26-0290764
|
2.
|
Check
the Appropriate Box if a Member of a
Group:
|
3. SEC
Use Only
4. Citizenship
or Place of Organization:
Delaware
|
Number
of
Shares
Beneficially
Owned
by
Each
Reporting
Person
With
|
5. Sole
Voting
Power: 289,137
|
|
6. Shared
Voting
Power:
- 0 -
|
|
7. Sole
Dispositive
Power: 289,137
|
|
|
9. Aggregate
Amount Beneficially Owned by Each Reporting
Person: 16.0%
10. Check
if the Aggregate Amount in Row (9) Excludes Certain Shares:
[ ]
11. Percent
of Class Represented by Amount in Row (9): 16.0%
12. Type
of Reporting Person: CO
Item
1(a) Name of
Issuer:
Cornerstone Financial
Corporation
Item
1(b) Address of Issuer’s Principal
Executive Offices:
6000
Midatlantic Drive, Suite 120S
Mount Laurel, NJ
08054
Item
2(a) Name of Person
Filing:
Black River BancVenture,
Inc.
Item
2(b) Address of Principal Business
Office, or if None, Residence:
8245 Tournament Drive, Suite
270
Memphis,
TN 38125
Item
2(c) Citizenship:
Delaware corporation
Item
2(d) Title of Class of
Securities:
Common Stock
Item
2(e) CUSIP Number:
21925G 102
Item
3.
If this statement is filed pursuant
to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing
is a:
Item
4.
Ownership
Provide
the following information regarding the aggregate number and percentage of the
class of securities of the issuer identified in Item
1.
(a) Amount
of beneficially
owned: 289,137
(b) Percent
of
class:
16.0%
(c) Number
of shares as to which the person has:
(i) Sole
power to vote or to direct the
vote: 289,137
(ii) Shared
power to vote or to direct the
vote: -
0 -
(iii) Sole power to dispose or to
direct the
disposition: 289,137
(iv)
Shares power to dispose or to direct the disposition
of: -
0 -
Item
5. Ownership of Five
Percent or Less of a Class.
If this
statement is being filed to report the fact that as of the date hereof the
reporting person has ceased to be the beneficial owner of more than 5 percent of
the class of securities, check the following: [
]
Item
6. Ownership of More than
Five Percent on Behalf of Another Person.
N/A
|
Item 7.
|
Identification and
Classification of the Subsidiary Which Acquired the Security Being
Reported on by the Parent Holding Company or Control
Person
|
|
Item 8.
|
Identification and
Classification of members of the
Group.
|
|
Item 9.
|
Notice of Dissolution of
Group
|
Item
10.
Certifications.
“By signing below I certify that, to
the best of my knowledge and belief, the securities referred to above were not
acquired and are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not acquired
and are not held in connection with or as a participant in any transaction
having that purpose or effect.”
SIGNATURE
After reasonable inquiry and to the
best of my knowledge and belief, I certify that the information set forth in
this statement is true, complete and correct.
February
16, 2010
(Date)
/s/ John W.
Spence
(Signature)
John W. Spence,
President
(Name and Title)