-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NQnyb459xAjfZf9Jgu6uga81B3aIg6jQ4A60I4lbOaGYBgpHm9nGMmdpXsZmJbCn ix+jpghjlbw4T8zsJQoUkQ== 0001275287-06-006249.txt : 20061128 0001275287-06-006249.hdr.sgml : 20061128 20061128080540 ACCESSION NUMBER: 0001275287-06-006249 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20061128 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061128 DATE AS OF CHANGE: 20061128 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CORNERSTONE BANCSHARES INC CENTRAL INDEX KEY: 0001038773 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 621175427 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-30497 FILM NUMBER: 061240692 BUSINESS ADDRESS: STREET 1: 4154 RINGGOLD RD CITY: CHATTANOOGA STATE: TN ZIP: 37412-416 BUSINESS PHONE: 4236982454 MAIL ADDRESS: STREET 1: 4154 RINGGOLD RD CITY: CHATTANOOGA STATE: TN ZIP: 37412-0416 FORMER COMPANY: FORMER CONFORMED NAME: EAST RIDGE BANCSHARES INC DATE OF NAME CHANGE: 19970507 8-K 1 cb8083.htm FORM 8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549

Message

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)  November 28, 2006

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.)

5319 Highway 153, 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 8.01     Other Events

                     On November 28, 2006, the Registrant issued a press release announcing the declaration of a quarterly dividend in the amount of $.05 per share (post split) with a record date of December 15, 2006, and a payment date of January 8, 2007.

Item 9.01     Financial Statements and Exhibits.

(d)       Exhibits

99.1     Press release dated November 28, 2006 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:  November 28, 2006

 

 

 

By:

\s\  Nathaniel F. Hughes

 

 

 

 

Nathaniel F. Hughes,

 

 

President and Treasurer

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Exhibit 99.1

Message

 

Cornerstone Bancshares, Inc. Announces Cash Dividend
Tuesday, November 28, 2006 8:00 AM
- PR Newswire

 

 

 

HIXSON, Tenn., November 28, 2006 /PRNewswire-FirstCall via COMTEX/ -- Cornerstone Bancshares, Inc. (OTC Bulletin Board: CSBQ) today announced the following:

Cornerstone Bancshares, Inc. Board of Directors announced its expected annual dividends for 2007.  The dividend $.05 a share (post stock split) was announced as a quarterly dividend which represents a 66.6% increase over last year’s dividends.  The dividend was increased due to the Company’s success in 2006 and the positive outlook the Company has for 2007.  The dividend will be issued to shareholders of record as of December 15, 2006, and will be paid January 8, 2007.

Cornerstone Bancshares, Inc. is a one-bank holding company serving the Chattanooga, Tennessee MSA with 5 branches and $365 million in assets specializing in business financial services.

Contact:

 

 

Cornerstone Bancshares, Inc., Chattanooga, TN
Frank Hughes
President & COO, Cornerstone Community Bank
PH#(423)385-3009,Fax# (423)385-3100
email: fhughes@cscb-chatt.com

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