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Wednesday, February 1, 2012

Cornerstone Community Bank Reports Financial Results For the Fourth Quarter and Full Year Ended December 31, 2011

Cornerstone Community Bank, ( OTCBB: CRSB ), announced today its financial results for the fourth quarter and full year ended December 31, 2011. The Bank reported net income of $208,000 for the three months ended December 31, 2011 representing an increase of $83,000, or 66%, compared to net income of $125,000 for the same period last year. Diluted earnings per share for the three months ended December 31, 2011 were $0.17 compared to $0.10 for the same period last year. Net income for the year ende...continued
    

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