Cornerstone Community Bank

Status:Inactive as of 02/27/2016
 Merger - Without Assistance
Successor Bank:SmartBank
Headquarters:Cornerstone Community Bank
835 Georgia Avenue
Chattanooga, TN 37401
Established:05/28/1985
FDIC Insurance:05/28/1985
FDIC Cert:#26256
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$440,309,000
Total Deposits:$348,767,000

History

1985-05-28Institution established: Original name:The Bank of East Ridge
1997-10-15Moved bank headquarters from EAST RIDGE, TN to CHATTANOOGA, TN
1997-10-15Changed name to Cornerstone Community Bank
1997-10-15Acquired Cornerstone Community Bank (34134) in CHATTANOOGA, TN
2016-02-27Merged into and subsequently operated as part of SmartBank (58463) in PIGEON FORGE, TN
2017-11-01Acquired Capstone Bank (22769) in TUSCALOOSA, AL
2018-05-01Acquired Southern Community Bank (58105) in TULLAHOMA, TN
2018-11-01Acquired Foothills Bank & Trust (58591) in MARYVILLE, TN
2020-03-01Acquired Progressive Savings Bank (32021) in JAMESTOWN, TN
2021-09-01Acquired Sevier County BankSmartBank (10318) in SEVIERVILLE, TN.

Financial Information (2015-12-31 and Older)