Community Shores Bank Corp (CSHB) Financial Statements (2025 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)Annual | Quarterly
| 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 investments | 18,556 | 17,663 | 16,386 | 23,077 | 24,456 | ||||
| Cash and cash equivalent | 18,556 | 17,663 | 16,386 | 23,077 | 24,456 | ||||
| Disposal group, including discontinued operation | 240 | 261 | 111 | ||||||
| Total current assets: | 18,556 | 17,903 | 16,647 | 23,188 | 24,456 | ||||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 8,963 | 9,009 | 9,140 | 9,148 | 9,158 | ||||
| Total noncurrent assets: | 8,963 | 9,009 | 9,140 | 9,148 | 9,158 | ||||
| Other undisclosed assets | 161,980 | 163,909 | 163,744 | 165,598 | 163,835 | ||||
| TOTAL ASSETS: | 189,499 | 190,820 | 189,531 | 197,933 | 197,449 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 181,617 | 182,647 | 185,576 | 193,879 | 193,645 | ||||
| Total liabilities: | 181,617 | 182,647 | 185,576 | 193,879 | 193,645 | ||||
| Equity | |||||||||
| Equity, attributable to parent | 7,882 | 8,173 | 3,955 | 4,054 | 3,804 | ||||
| Common stock | 13,297 | 13,297 | 13,297 | 13,297 | 13,297 | ||||
| Accumulated other comprehensive loss | (270) | (211) | (319) | (179) | (327) | ||||
| Accumulated deficit | (5,145) | (4,912) | (9,023) | (9,064) | (9,166) | ||||
| Total equity: | 7,882 | 8,173 | 3,955 | 4,054 | 3,804 | ||||
| TOTAL LIABILITIES AND EQUITY: | 189,499 | 190,820 | 189,531 | 197,933 | 197,449 | ||||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,789 | 1,880 | 1,825 | 1,931 | 1,897 | |||
| Net investment income | 1,607 | 1,661 | 1,647 | 1,734 | 1,725 | |||
| Gross profit: | 1,789 | 1,880 | 1,825 | 1,931 | 1,897 | |||
| Operating expenses | (1,388) | (1,445) | (1,410) | (1,380) | (1,377) | |||
| Other operating income, net (Noninterest Income, Other Operating Income) | 197 | 188 | 219 | 206 | 190 | |||
| Operating income: | 598 | 623 | 634 | 757 | 710 | |||
| Nonoperating income (expense) (gains on Sales of Other Real Estate) | 58 | 50 | 39 | 44 | 47 | |||
| Interest and debt expense | (652) | (237) | (271) | (279) | (281) | |||
| Income from continuing operations before equity method investments, income taxes: | 4 | 436 | 402 | 522 | 476 | |||
| Other undisclosed loss from continuing operations before income taxes | (356) | (386) | (361) | (420) | (365) | |||
| Income (loss) from continuing operations before income taxes: | (352) | 49 | 41 | 102 | 111 | |||
| Income tax expense (benefit) | 120 | (17) | ||||||
| Income (loss) from continuing operations: | (233) | 33 | 41 | 102 | 111 | |||
| Income (loss) before gain (loss) on sale of properties: | (233) | 33 | 41 | 102 | 111 | |||
| Net income (loss) available to common stockholders, diluted: | (233) | 33 | 41 | 102 | 111 | |||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 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 | 41 | 102 | 111 | |||
| Comprehensive income (loss): | (233) | 33 | 41 | 102 | 111 | |||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (58) | 60 | (140) | 148 | 31 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (291) | 92 | (99) | 250 | 141 | |||
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.