HIXSON, Tenn., Dec. 1 /PRNewswire-FirstCall/ -- Cornerstone Bancshares,
Inc. (OTC Bulletin Board: CSBQ) today announced the following:
Cornerstone Bancshares, Inc Board of Directors announced its second
dividend since inception. The dividend $.10 a share was announced as an
annual dividend which represents a 100% increase over last year's dividend.
The dividend was increased due to the Company's success in 2004 and the
positive outlook the Company has for 2005. The dividend will be issued to
shareholders of record as of December 27, 2004, and will be paid January 18,
2005.
Cornerstone Bancshares, Inc. is a one-bank holding company serving the
Chattanooga, Tennessee MSA with 5 branches and $240 million in assets
specializing in business financial services.
SOURCE Cornerstone Bancshares, Inc.
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Related links:
http://www.cscbank.com
CONTACT:
Frank Hughes, President & COO of Cornerstone
Community Bank, +1-423-385-3009, or fax, +1-423-385-3100, or
fhughes@cscb-chatt.com
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