Community Shores Bank Corp (CSHB) Financial Statements (2024 and earlier)

Company Profile

Business Address 1030 W. NORTON AVENUE
MUSKEGON, MI 49441
State of Incorp. MI
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments18,55617,663 16,38623,07724,456
Cash and cash equivalents18,55617,663 16,38623,07724,456
Disposal group, including discontinued operation  240 261111 
Total current assets:18,55617,903 16,64723,18824,456
Noncurrent Assets
Property, plant and equipment8,9639,009 9,1409,1489,158
Total noncurrent assets:8,9639,009 9,1409,1489,158
Other undisclosed assets161,980163,909 163,744165,598163,835
TOTAL ASSETS:189,499190,820 189,531197,933197,449
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities181,617182,647 185,576193,879193,645
Total liabilities:181,617182,647 185,576193,879193,645
Equity
Equity, attributable to parent7,8828,173 3,9554,0543,804
Common stock13,29713,297 13,29713,29713,297
Accumulated other comprehensive loss(270)(211) (319)(179)(327)
Accumulated deficit(5,145)(4,912) (9,023)(9,064)(9,166)
Total equity:7,8828,173 3,9554,0543,804
TOTAL LIABILITIES AND EQUITY:189,499190,820 189,531197,933197,449

Income Statement (P&L) ($ in thousands)

9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
Revenues1,7891,880 1,8251,9311,897
Net investment income1,6071,661 1,6471,7341,725
Gross profit:1,7891,880 1,8251,9311,897
Operating expenses(1,388)(1,445) (1,410)(1,380)(1,377)
Other operating income, net
(Noninterest Income, Other Operating Income)
197188 219206190
Operating income:598623 634757710
Nonoperating income (expense)
(gains on Sales of Other Real Estate)
5850 394447
Interest and debt expense(652)(237) (271)(279)(281)
Income from continuing operations before equity method investments, income taxes:4436 402522476
Other undisclosed loss from continuing operations before income taxes(356)(386) (361)(420)(365)
Income (loss) from continuing operations before income taxes:(352)49 41102111
Income tax expense (benefit)120(17)    
Income (loss) from continuing operations:(233)33 41102111
Income (loss) before gain (loss) on sale of properties:(233)33 41102111
Net income (loss) available to common stockholders, diluted:(233)33 41102111

Comprehensive Income ($ in thousands)

9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
Net income (loss):(233)33 41102111
Comprehensive income (loss):(233)33 41102111
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(58)60 (140)14831
Comprehensive income (loss), net of tax, attributable to parent:(291)92 (99)250141

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: