Exhibit 99.1
Cornerstone Bancshares, Inc. Announces Cash Dividend
HIXSON, Tenn., Feb. 28 /PRNewswire-FirstCall/ -- Cornerstone Bancshares, Inc. (OTC Bulletin Board: CSBQ) today announced the following:
Cornerstone Bancshares, Inc. Board of Directors announced the record date and payment date of Cornerstone’s quarterly dividend. The dividend $.05 a share will be issued to shareholders of record as of March 16, 2007, and will be paid April 9, 2007.
Cornerstone Bancshares, Inc. is a one-bank holding company serving the Chattanooga, Tennessee MSA with 5 branches and one loan production office and $375 million in assets specializing in business financial services.
SOURCE Cornerstone Bancshares, Inc.
-0- 02/28/2007
/CONTACT: Frank Hughes, President & COO of Cornerstone Community Bank, +1-423-385-3009, fax, +1-423-385-3100, fhughes@cscb-chatt.com/
/Web site: http://www.cscbank.com/
(CSBQ)
CO: Cornerstone Bancshares, Inc.
ST: Tennessee
IN: FIN OTC
SU: DIV