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Under the terms of the merger agreement and a concurrent four-to-one reverse stock split of CSBQ stock, each outstanding share of common stock held by legacy SmartFinancial shareholders will be converted into 1.05 shares of the surviving company's common stock, the company said.
CSBQ. The CSBQ includes 34 items scored on a 7-point Likert-type scale, which participants use to rate specific strategies for their importance in helping the counselor function effectively and maintain a positive attitude in their professional role.
(OTCBB: CSBQ) parent company of Cornerstone Community Bank received official notification in a letter dated 22 July 2015, that the board of Governors of the Federal Reserve System approved the application by Cornerstone to merge with SmartFinancial, Inc., parent company of SmartBank.
(OTCBB: CSBQ) said the consent order between the bank and the Federal Deposit Insurance Corp has been terminated.
(OTC BB: CSBQ) (OTC: CSBQP), the USD426m Chattanooga, TN-based parent company of Cornerstone Community Bank, has declared a dividend on its Series-A Convertible Preferred Stock.
Cornerstone Bancshares Inc (OTC BB: CSBQ), a USD480m holding company serving the Chattanooga, Tennessee MSA, has reported a net income of USD214,000 for the third quarter of 2010, compared to a loss of USD1.7m for the same quarter of 2009.
Cornerstone Bancshares Inc (OTC BB: CSBQ), the Chattanooga, TN-based parent company of Cornerstone Community Bank, with USD426m in assets, has reported a net income of USD524,000 for the third quarter of 2011, an increase of 145 percent compared with USD214,000 during the third quarter of 2010.
Cornerstone Bancshares Inc (OTCBB: CSBQ) has announced a net loss of USD2.96m, or USD0.46 per share, for the fourth quarter of 2009, without giving the comparative figures for 2008.
Cornerstone Bancshares Inc (OTC BB: CSBQ) has announced that its board of directors has approved the distribution of a dividend payable in common stock.
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