UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)		May 23, 2008
CORNERSTONE BANCSHARES, INC.
(Exact name of registrant as specified in its charter)
Tennessee	000-30497			62-1175427
(State or other jurisdiction of incorporation)	(Commission File Number)			(I.R.S. Employer Identification No.)
835 Georgia Ave, Chattanooga, Tennessee				37343
(Address of principal executive offices)				(Zip Code)
Registrant’s telephone number, including area code			(423) 385-3000
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01Other Events

On May 23, 2008, the Registrant issued a press release announcing the declaration of a quarterly dividend in the amount of $.07 per share with a record date of June 15, 2008, and a payment date of July 3, 2008.

Item 9.01 Financial Statements and Exhibits.

(c)Exhibits

99.1 Press release dated May 23, 2008 announcing the declaration of a quarterly dividend.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	CORNERSTONE BANCSHARES, INC.
	(Registrant)
Date: May 23, 2008	By:	/s/ Nathaniel F. Hughes
		Nathaniel F. Hughes, President and Treasurer