Tuesday, May 1, 2012

Cornerstone Community Bank Reports Financial Results for the First Quarter Ended March 31, 2012

Cornerstone Community Bank, ( OTCBB: CRSB ), announced today its financial results for the first quarter ended March 31, 2012. The Bank reported net income of $219,000 for the three months ended March 31, 2012 representing an increase of $89,000, or 68%, compared to net income of $130,000 for the same period last year. Diluted earnings per share for the three months ended March 31, 2012 were $0.17 compared to $0.11 for the same period last year. The return on average assets for the three month...continued
    

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