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Community Shores Bank (CSHB)

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Last Post: 4/30/2016 3:09:31 PM - Followers: 3 - Board type: Free - Posts Today: 0

 

Business Summary  

Community Shores Bank Corporation operates as the 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 products include checking and savings accounts, certificates of deposit, and time deposits of various types. The company's loan portfolio comprises residential mortgage loans; personal loans and lines of credit for various purposes, such as the purchase of automobiles, boats and other recreational vehicles, home improvements, and personal investments; and commercial and commercial real estate loans for general operating purposes, as well as for the acquisition of fixed assets, including real estate, purchase of equipment and machinery, and financing of inventory and accounts receivable. 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 safe deposit boxes; courier services; and electronic banking services, such as ACH and online bill pay. As of August 4, 2011, it served businesses and consumers in the western Michigan counties of Muskegon and Ottawa through four branch offices. The company was founded in 1998 and is based in Muskegon, Michigan.

http://www.communityshores.com/

http://www.communityshores.com/investor_relations.asp

http://www.communityshores.com/cshb-20110930.zip

http://www.communityshores.com/speedbump.asp?link=http://www.otcbb.com/asp/Info_Center.asp?symbol=cshb

Investor Relations

Corporate Profile
COMMUNITY SHORES BANK CORPORATION (NASDAQ - CSHB)


Community Shores Bank Corporation is a bank holding company and 100% owner of Community Shores Bank (the Bank). The Bank provides a full range of commercial and consumer banking services primarily in the communities of Muskegon and Northern Ottawa counties, 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. 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.

Important Holding Company Documents
(PDF Format - Requires Adobe Acrobat Reader)

Notice of Intent to Delist from Nasdaq

Section 16 - Forms 3, 4 and 5



 

 

Community Shores Bank Corporation 1030 West
Norton Avenue
Muskegon, MI 49441
(231) 780-1800

Investor Relations Contacts
Ms. Heather D. Brolick
hbrolick@communityshores.com
(231) 780-1845

Ms. Tracey A. Welsh
twelsh@communityshores.com
(231) 780-1847

Transfer Agent
Registrar and Transfer Company
10 Commerce Drive
Cranford, New Jersey 07016
(800) 368-5948

Source: E-Trade. 12/24/11. Will Update when TA Confirms!

Market Cap 176.3 K
Shares Outstanding 1.5 M

Bruce J. Essex

Independent Director

Community Shores Bank Corporation

Muskegon , MI

Sector: FINANCIAL / Regional - Southwest Banks

 

61 Years Old
Bruce J. Essex (Director) is Chairman of Port City Die Cast. From 1982 until 2001, Mr. Essex owned and operated the Port City Group, a group of companies including Port City Die Cast, Port City Metal Products, Muskegon Castings Corp., and Mirror Image Tool. Mr. Essex has over 40 years experience in the die casting industry. He is a principal in Port City Custom Plastics and Port City Castings Corporation, and serves as a Director on the Boards of Reid Tool, and Supreme Machines. He is also a principal in Buck Snort Products, a rustic hardware and furnishings retail store, and Snow Protect, a manufacturer of snow retention products.

http://people.forbes.com/profile/bruce-j-essex/21820

Top Executives at Community Shores Bank Corporation

Heather D. Brolick CEO/CEO, Subsidiary/Director/President/President, Subsidiary
John M. Clark Secretary/Senior VP/Senior VP, Subsidiary
Bruce J. Essex Director
Julie K. Greene Director
Gary F. Bogner Chairman of the Board/Director/Chairman of the Board, Subsidiary
Robert L. Chandonnet Vice Chairman/Vice Chairman, Subsidiary
Tracey A. Welsh CFO/CFO, Subsidiary/Chief Accounting Officer/Senior VP/Senior VP, Subsidiary/Treasurer
Stephen P. Moreland Director
Jonathan L. Smith Director


INSIDER TRANSACTIONS
Date Name Shares Transaction Value
12/03/2009 Bruce J. Essex
Director
7,000 Award at $0.82 per share. 5,740
10/28/2008 Bruce J. Essex
Director
32,000 Acquisition at $3.95 per share. 126,400
09/23/2008 Gary F. Bogner
Director
4,000 Acquisition at $4.25 per share. 17,000
09/18/2008 Gary F. Bogner
Director
20,000 Acquisition at $4.45 per share. 89,000
08/25/2008 Gary F. Bogner
Director
10,000 Acquisition at $4.2 per share. 42,000
11/16/2007 BERGGREN RALPH R
Senior Vice President
1,000 Acquisition at $8.75 per share. 8,750
11/15/2007 RICE BRUCE C
Director
400 Acquisition at $8.5 per share. 3,400
11/02/2007 CHERETTE DENNIS L
Director
1,800 Acquisition at $7.7 per share. 13,860
11/02/2007 CHERETTE DENNIS L
Director
900 Acquisition at $7.3 per share. 6,570
11/02/2007 CHERETTE DENNIS L
Director
400 Acquisition at $7.25 per share. 2,900
11/02/2007 CHERETTE DENNIS L
Director
800 Acquisition at $7.72 per share. 6,176
11/02/2007 CHERETTE DENNIS L
Director
100 Acquisition at $9.86 per share. 986
11/02/2007 CHERETTE DENNIS L
Director
100 Disposition at $9.54 per share. 954
04/04/2007 SPOELMAN ROGER W
Director
500 Acquisition at $12.02 per share. 6,010
 
Date Name Shares Transaction Value
12/03/2009 Bruce J. Essex
Director
7,000 Award at $0.82 per share. 5,740
10/28/2008 Bruce J. Essex
Director
32,000 Acquisition at $3.95 per share. 126,400
09/23/2008 Gary F. Bogner
Director
4,000 Acquisition at $4.25 per share. 17,000
09/18/2008 Gary F. Bogner
Director
20,000 Acquisition at $4.45 per share. 89,000
08/25/2008 Gary F. Bogner
Director
10,000 Acquisition at $4.2 per share. 42,000
11/16/2007 BERGGREN RALPH R
Senior Vice President
1,000 Acquisition at $8.75 per share. 8,750
11/15/2007 RICE BRUCE C
Director
400 Acquisition at $8.5 per share. 3,400
11/02/2007 CHERETTE DENNIS L
Director
1,800 Acquisition at $7.7 per share. 13,860
11/02/2007 CHERETTE DENNIS L
Director
900 Acquisition at $7.3 per share. 6,570
11/02/2007 CHERETTE DENNIS L
Director
400 Acquisition at $7.25 per share. 2,900
11/02/2007 CHERETTE DENNIS L
Director
800 Acquisition at $7.72 per share. 6,176
11/02/2007 CHERETTE DENNIS L
Director
100 Acquisition at $9.86 per share. 986
11/02/2007 CHERETTE DENNIS L
Director
100 Disposition at $9.54 per share. 954
04/04/2007 SPOELMAN ROGER W
Director
500 Acquisition at $12.02 per share. 6,010

 

 



Financial Reporting Documents




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CSHB
Current Price
Volume:
Bid Ask Day's Range
SureTrader
PostSubject
#33   CSHB $2.25 norweger1979 04/30/16 03:09:31 PM
#32   According to the offering documents, selling new shares cgw 12/30/15 03:16:57 PM
#31   Watched this bank for over a year. Low Yankeedave 12/28/15 12:04:06 PM
#30   I agree brudda! Lets enjoy some profits here!!! goarmy123 02/06/15 12:15:22 AM
#29   A real volume alert here as of late! JRS 02/05/15 01:06:51 PM
#28   Volume alert brudda! goarmy123 12/09/14 11:21:16 PM
#27   I agree this is a solid bank and goarmy123 09/05/13 07:58:59 PM
#26   I don't see any problems with Community Shores. JRS 09/05/13 07:58:35 AM
#25   Joey. You gonna sell before the next Q goarmy123 09/05/13 01:35:41 AM
#24   $CSHB I will be up-dating the I-box soon! goarmy123 08/26/13 07:46:59 PM
#23   $CSHB doing well in my opinion. goarmy123 08/26/13 07:45:55 PM
#22   $CSHB Nice little diamond in the rough in goarmy123 08/26/13 07:45:07 PM
#21   I see this has came a long way goarmy123 08/26/13 07:44:27 PM
#20   Good to know... I'm holding my shares! JRS 06/14/13 08:10:53 PM
#19   Oh yea. This bank is solid. I live pinchingbug 06/11/13 11:56:32 AM
#18   Nope not me bro but welcome to the JRS 06/11/13 10:49:04 AM
#17   $CSHB Sitting the bid for more cheapies! pinchingbug 06/07/13 08:27:06 AM
#16   $CSHB Solid little bank imo. pinchingbug 06/07/13 08:25:59 AM
#15   Is this joe from e-trade? I chatted with pinchingbug 06/07/13 08:25:19 AM
#14   I see... What a deal for them! JRS 05/16/13 09:36:25 AM
#13   Think of it as a one-time event. Enterprising Investor 05/16/13 09:21:59 AM
#12   Does that nullify their numbers they posted for JRS 05/16/13 09:16:47 AM
#11   Large portion of income is non-recurring. Enterprising Investor 05/16/13 09:12:55 AM
#10   $3.61 Per Share, Over 5mil this Q!!!! JRS 05/15/13 07:36:52 PM
#9   7K on the Ask, Ouch. JRS 05/01/13 01:12:14 PM
#8   $3.00 up, $2.50 on the bid!!! JRS 04/25/13 12:46:44 PM
#7   $2.50! Woooohooo! I I enjoy chatting with myself JRS 04/24/13 04:01:21 PM
#6   Still looks steady over here... Enjoying this climb JRS 04/24/13 09:53:58 AM
#5   2012 was a pivotal year for our Company. JRS 04/17/13 06:00:04 AM
#4   Profitable again... JRS 04/17/13 05:58:53 AM
#3   OS 1,468,800 JRS 04/17/13 05:54:31 AM
#2   This woke up recently... JRS 04/17/13 05:52:31 AM
#1   Hello all. I will update the Ibox ASAP! goarmy123 12/24/11 07:01:13 PM
PostSubject