COMMUNITY SHORES BANK CORP company info

CIK 1070523
IRS Number 383423227
State of incorporation MI
Business address 1030 W. NORTON AVENUE
None
MUSKEGON
MI
49441
Mail address 1030 W. NORTON AVENUE
None
MUSKEGON
MI
49441

Short summary

COMMUNITY SHORES BANK CORP is a Michigan company, with head office located at 1030 W. Norton Avenue Muskegon, Michigan 49441. In 2015 the company owned a total of 190.85 million USD worth of assets. 2010 was the year when the company amassed the most assets.

COMMUNITY SHORES BANK CORP Income Statement

Name [in Millions USD]2009201020112012201320142015Trends
Interest expense 5.033.341.891.231.08
Income Tax Expense (Benefit) -0.01-0.1000.11-4.04
Net income -8.88-2.470.275.544.33

COMMUNITY SHORES BANK CORP Balance Sheet

Name [in Millions USD]2009201020112012201320142015Trends
Cash and cash equivalents 31.4815.3218.4413.6123.0818.5626.94
Property, Plant and Equipment, Gross 14.5214.6814.7714.5814.34
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 5.075.415.635.625.46
Total assets 223.78204.35189.64197.93189.50190.85
Total liabilities 223.97205.54186.05193.88181.62183.14
Common Stock, Value, Issued 13.3013.3013.3013.3013.3013.30
Retained Earnings (Accumulated Deficit) -13.87-14.83-9.44-9.06-5.14-5.35
Accumulated Other Comprehensive Income (Loss), Net of Tax 0.390.34-0.26-0.18-0.27-0.25

COMMUNITY SHORES BANK CORP Cash Flow

Name [in Millions USD]2009201020112012201320142015Trends
Net income -8.88-2.470.275.544.33
Depreciation 0.520.400.410.37
Depreciation and amortization 0.580.520.400.430.37
Deferred Income Tax Expense (Benefit) 0-0.1000.11-4.04
Net Cash Provided by (Used in) Operating Activities 1.77-2.170.971.120.82
Payments to Acquire Productive Assets 0.050.200.150.30
Net Cash Provided by (Used in) Investing Activities 3.9014.8215.408.930.44
Net Cash Provided by (Used in) Financing Activities 15.15-27.36-4.99-13.22-10.45
Cash and Cash Equivalents, Period Increase (Decrease) 20.82-14.7211.38-3.16-9.20