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Last $2.50 USD
Change Today 0.00 / 0.00%
Volume 1.5K
CSHB On Other Exchanges
As of 8:10 PM 03/26/15 All times are local (Market data is delayed by at least 15 minutes).

community shores bank corp (CSHB) Snapshot

Previous Close
Day High
Day Low
52 Week High
06/3/14 - $3.60
52 Week Low
12/30/14 - $1.25
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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community shores bank corp (CSHB) Details

Community Shores Bank Corporation operates as a bank holding company for Community Shores Bank that provides commercial and consumer banking services primarily in the communities of Muskegon County and Northern Ottawa County, Michigan. Its deposit solutions include checking and savings accounts, certificates of deposit, and time deposits. The company’s loan portfolio comprises residential mortgage loans; commercial loans for general operating purposes, as well as for the acquisition of fixed assets, purchase of equipment and machinery, and financing of inventory and accounts receivable; and commercial real estate loans. It also offers consumer loans, including fixed home equity and equity lines of credit, new and used automobile loans, boat loans, personal unsecured lines of credit, credit cards, and overdraft protection for checking account customers. In addition, the company provides electronic banking services; safe deposit boxes; and courier services. The company was founded in 1998 and is based in Muskegon, Michigan.

community shores bank corp (CSHB) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $195.3K
Co-Founder, Chief Financial Officer, Principa...
Total Annual Compensation: $129.3K
Senior Vice President, Secretary, Head of Com...
Total Annual Compensation: $114.5K
Compensation as of Fiscal Year 2013.

community shores bank corp (CSHB) Key Developments

Community Shores Bank Corp. Reports Unaudited Earnings Results for the Year Ended December 31, 2014

Community Shores Bank Corp. reported unaudited earnings results for the year ended December 31, 2014. For the year, the company reported net interest income of $6,158,000, income before income tax of $294,000 and net income of $4,332,000 or $2.95 per basic and diluted share against net interest income of $6,347,000, income before income tax of $5,645,000 and net income of $5,540,000 or $3.77 per basic and diluted share for the same period a year ago. Return on average assets was 2.25% against 2.86% for the same period a year ago. Return on average shareholders' equity was 107.63% against 196.56% for the same period a year ago. Book value per share at December 31, 2014 was $5.50 against $2.49 at December 31, 2013.

Community Shores Bank Corp., Annual General Meeting, May 22, 2014

Community Shores Bank Corp., Annual General Meeting, May 22, 2014., at 09:00 Eastern Daylight. Location: The Muskegon Country Club, 2801 Lakeshore Drive. Agenda: To consider the election of two class I directors for a three-year term; to ratify the appointment of BDO USA, LLP as independent registered public accounting firm for 2014; to consider an advisory vote to approve the compensation of named executive officers disclosed in this proxy statement; to consider such other business as may properly be brought before the meeting or any adjournment or postponement of the meeting.

Community Shores Bank Corp. Elects Stanley L. Boelkins as Class II Director

Effective October 11, 2013, the Board of Directors of Community Shores Bank Corp. elected a new director, Stanley L. Boelkins. Mr. Boelkins has been elected to serve as a Class II director, and his initial term expires at the annual meeting of the shareholders in 2015.


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