Cornerstone Bancshares, Inc. Reports Fourth Quarter 2011 Earnings

CHATTANOOGA, Tenn., Feb. 22, 2012 /PRNewswire/ -- Cornerstone Bancshares, Inc. (OTC Bulletin Board: CSBQ; CSBQP) today announced the following: Cornerstone Bancshares, Inc. ("Cornerstone") reported net income of $112,822 for the fourth quarter of 2011, and net income of $1,030,052 for the 12 months ended December 31, 2011, which represents a 122 percent improvement from the $4.7 million loss for the previous year.   There was a 42 percent reduction in non-accruing loans for the year, from a...continued CSBQ  Banking savings hipaa

URL: http://www.investorpoint.com/news/OTCBULLB/48674022/