CSBQ News Alert Cornerstone Bancs Tn (CSBQ) 3.3200 02/14/2015

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Cornerstone Bancs Tn (CSBQ) 3.3200 $CSBQ

Cornerstone Bancshares, Inc. Reports Positive Earnings for Fourth Quarter of 2014
PR Newswire - Tue Jan 27, 11:23AM CST
Cornerstone Bancshares, Inc. ("Cornerstone"; OTC Bulletin Board: CSBQ; CSBQP), holding company of Cornerstone Community Bank ("Bank" , today announced net income of $412,000 for the fourth quarter of 2014, which represents a 2.1 percent increase in net income compared with the same quarter of 2013. This also marks the sixteenth consecutive quarter of positive earnings for Cornerstone.

SmartFinancial and Cornerstone Bancshares to Merge
PR Newswire - Mon Dec 08, 6:00AM CST
SmartFinancial, Inc. ("SmartFinancial" , parent company of SmartBank, and Cornerstone Bancshares, Inc. ("Cornerstone" (OTCBB: CSBQ, CSBQP), parent company of Cornerstone Community Bank, jointly announced today the signing of a definitive agreement to merge, creating a combined company that will operate under the name SmartFinancial, Inc. While the two holding companies will be combined, the banks will initially remain independent and continue to operate under their respective names in their respective markets. The company plans to merge the banks in the future, combining them under the SmartBank name. Headquartered in Pigeon Forge, TN, SmartBank operates seven branch locations throughout East Tennessee and Northwest Florida. Based in Chattanooga, TN, Cornerstone Community Bank currently has five branch locations throughout the Chattanooga MSA.

Cornerstone Bancshares, Inc. Reports Positive Earnings for Third Quarter of 2014
PR Newswire - Mon Oct 27, 12:08PM CDT
Cornerstone Bancshares, Inc. ("Cornerstone"; OTC Bulletin Board: CSBQ; CSBQP), holding company of Cornerstone Community Bank ("Bank" , today announced net income of approximately $406,000 for the third quarter of 2014. This marks the fifteenth consecutive quarter of positive earnings for Cornerstone.

Cornerstone Reports Positive Net Income for the Second Quarter of 2014
PR Newswire - Tue Jul 22, 2:37PM CDT
Cornerstone Bancshares, Inc. (OTCBB: CSBQ; CSBQP), parent company of Cornerstone Community Bank, today reported earnings for the second quarter ended June 30, 2014. Net income for the quarter was $409,000, a 3.3 percent increase from the same quarter of 2013. Net interest income increased 5.5 percent from the same quarter last year.




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