Yahoo! FinanceHome - Yahoo! - Help

Market Guide

[ Stock Screener | Company & Fund Index | Financial Glossary ]

Profile - Community Shores Bank (OTC BB:CSHB.OB)
As of 31-Aug-2001
Enter symbol:
symbol lookup

 
More Info: Quote | Chart | News | Profile | Research | SEC
Recent Events
Aug 24Price hit new 52-week high ($6.99)
Location
1030 W. Norton Avenue
Muskegon, MI 49441
Phone: (616) 780-1800
Fax: (616) 780-1860
Employees (last reported count): 32
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Financial
 ·Industry: Regional Banks
Company Website
 ·Home Page

 ·Search Yahoo! for related links...

Ownership
·Insider and 5%+ Owners: 32%
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Community Shores Bank Corporation is a bank holding company and owns all of the common stock of Community Shores Bank (the Bank). The Bank provides a full range of commercial and consumer banking services primarily in the communities of Muskegon County and Northern Ottawa County, in Michigan. The Bank's services include checking and savings accounts, certificates of deposit, safe deposit boxes, courier service and loans for commercial, mortgage and consumer purposes. As of December 31, 2000, the Company had total assets of $125 million. The Bank offers a broad range of deposit services, including checking accounts, savings accounts and time deposits of various types. Transaction accounts and time certificates are tailored to the principal market area. The Bank solicits these accounts from individuals, businesses, schools, associations, churches, non-profit organizations, financial institutions and government authorities.
More from Market Guide: Expanded Business Description

Financial Summary
Community Shores Bank Corporation is the bank holding company for Community Shores Bank, which provides commercial and consumer banking services in Michigan. For the six months ended 6/30/01, total interest income rose 44% to $5.2 million. Net interest income after loan loss provision rose 65% to $1.8 million. Net income totalled $36 thousand vs. a loss of $320 thousand. Results reflect an increase in average earning assets, a lower loan loss provision and higher service charge income.

Recent Earnings Announcement
For the 3 months ended 06/30/2001, revenues were 2,597; after tax earnings were 32. (Preliminary; reported in thousands of dollars.)

More from Market Guide: Significant Developments

Officers
FY1999 Pay

Jose Infante, 47
Chairman, Pres, CEO
$156K
Ralph Berggren, 47
Sr. VP, Sec.
--  
Heather Brolick, 40
Sr. VP
--  
Robert Jacobs, 51
Sr. VP
--  
Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- OTC BB:CSHB.OBAs of 31-Aug-2001
Price and Volume
52-Week Low
on 30-Nov-2000
$4.875
Recent Price$6.55 
52-Week High
on 24-Aug-2001
$6.99 
Beta-0.26 
Daily Volume (3-month avg)591 
Daily Volume (10-day avg)0 
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change+11.5%
52-Week Change
relative to S&P500
+49.6%
Share-Related Items
Market Capitalization$7.66M
Shares Outstanding1.17M
Float800.0K
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq*)$7.41 
Earnings (ttm)-$0.02 
Earnings (mrq)$0.03 
Sales (ttm*)$8.81 
Cash (mrq*)$3.59 
Valuation Ratios
Price/Book (mrq*)0.88 
Price/EarningsN/A 
Price/Sales (ttm)0.74 
Income Statements
Sales (ttm)$10.1M
EBITDAN/A 
Income available to common (ttm)-$24.0K
Profitability
Profit Margin (ttm)-0.2%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter
(fully updated)
31-Mar-2001
Most recent quarter
(flash earnings)
30-June-2001
Management Effectiveness
Return on Assets (ttm)-0.02%
Return on Equity (ttm)-0.29%
Financial Strength
Current RatioN/A 
Long-Term Debt/Equity (mrq*)0.33 
Total Cash (mrq)$7.77M
Short Interest
Shares ShortN/A 
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001, except mrq*/ttm* items as of 31-Mar-2001)

Market Guide offers more in-depth Company Research, Stock Screening, and Hottest Stocks and Industries on over 10,000 U.S. Equities.


Copyright © 2001 Yahoo! Inc. All Rights Reserved. Privacy Policy - Terms of Service
Company information Copyright Market Guide. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Market Guide, CSI, etc.) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.