Community Financial Shares Inc (fka CFIS)

[56Chevy]

UBPR Report for 1st Qtr 2014:

Retained earnings: $300K

Equity: $22.447MM

https://cdr.ffiec.gov/public/Reports/UbprReport.aspx?rptCycleIds=78%2c73%2c76%2c72%2c67&rptid=283&idrssd=2253725&peerGroupType=&supplemental=

*Three hundred thousand dollars in retained earnings may not sound like much but this is the first qtr the bank has recorded positive earnings since 2007...and my guess is that $300K has some people doing the happy dance back in the boardroom of this bank. One year ago in the 1st Qtr of 2013 the bank lost -$2.266MM.

The bank is far from being out of the woods ...the pps is still too high and needs to come down...this report is an encouraging sign they're heading the right direction.

Marker:
Community Financial (CFIS)
$1.14 0.0 (0.00%)
Volume: 0

FD: I do not own shares of CFIS at this time.