OTCPK:CSHB

Stock Analysis Report

Community Shores Bank

Executive Summary

Community Shores Bank Corporation operates as the holding company for Community Shores Bank, a community bank that provides various commercial and consumer banking services primarily in the communities of Muskegon County and Northern Ottawa County, Michigan.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Risks

  • Community Shores Bank's last earnings update was 485 days ago.
  • Community Shores Bank is not covered by any analysts.

Share Price & News

How has Community Shores Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.3%

OTCPK:CSHB

-1.8%

US Banks

0.2%

US Market


1 Year Return

11.2%

OTCPK:CSHB

-15.3%

US Banks

-0.7%

US Market

CSHB outperformed the Banks industry which returned -15.3% over the past year.

CSHB outperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

CSHBIndustryMarket
7 Day2.3%-1.8%0.2%
30 Day11.2%-6.4%-2.7%
90 Day15.3%-4.0%1.6%
1 Year11.2%11.2%-12.9%-15.3%1.6%-0.7%
3 Year39.0%39.0%41.3%31.7%40.0%30.9%
5 Year7.5%7.5%50.8%34.5%53.8%36.8%

Price Volatility Vs. Market

How volatile is Community Shores Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Community Shores Bank undervalued based on future cash flows and its price relative to the stock market?


In this section, we usually try to help investors determine whether Community Shores Bank is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Community Shores Bank has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of CSHB’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Community Shores Bank regulatory filings here.
  • Explore potentially undervalued companies in the Banks industry.

Future Growth

How is Community Shores Bank expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.8%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Community Shores Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of CSHB’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Community Shores Bank's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has Community Shores Bank performed over the past 5 years?

0.2%

Historical Banks annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Community Shores Bank has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Community Shores Bank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Unable to establish if Community Shores Bank has an acceptable proportion of non-loan assets without balance sheet data.

Unable to establish if Community Shores Bank has a sufficient allowance for bad loans without relevant financial data.

Unable to establish if Community Shores Bank's liabilities are primarily made up of low risk funding sources without deposits or liabilities data.

Unable to establish if Community Shores Bank's level of assets compared to its equity is high without balance sheet data.

Community Shores Bank reports no customer deposits, loans are made up entirely of borrowed funds.

Unable to establish if Community Shores Bank has an acceptable level of bad loans without bad loans data.


Next Steps

Dividend

What is Community Shores Bank's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Community Shores Bank's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Community Shores Bank's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Community Shores Bank has not reported any payouts.

Unable to verify if Community Shores Bank's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Community Shores Bank has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Community Shores Bank's salary, the management and board of directors tenure and is there insider trading?

11.6yrs

Average board tenure


CEO

Heather Brolick (59yo)

13.3yrs

Tenure

US$203,906

Compensation

Ms. Heather D. Brolick has been Chief Executive Officer and President of Community Shores Bank Corp. since June 1, 2006. Ms. Brolick has been President of Community Shores Bank, a subsidiary of Community S ...


CEO Compensation Analysis

Insufficient data for Heather to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.

No earnings data for Community Shores Bank, not possible to compare to compensation.


Board Age and Tenure

11.6yrs

Average Tenure

69yo

Average Age

The average tenure for the Community Shores Bank board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Heather Brolick (59yo)

    Co-Founder

    • Tenure: 13.3yrs
    • Compensation: US$203.91k
  • Tracey Welsh (53yo)

    Co-Founder

    • Tenure: 0.0yrs
    • Compensation: US$140.64k
  • Amy Schultz

    Senior VP of Community Shores Bank and Technology/Operations Manager of Community Shores Bank

    • Tenure: 0.0yrs
  • Renee Nyblade

    • Tenure: 0.0yrs
  • Cerise Semrinec

    Senior Vice President of Community Shores Bank and Credit Administrator of Community Shores Bank

    • Tenure: 0.0yrs
  • Kelly Christian

    Controller

    • Tenure: 0.0yrs
  • Brent McCarthy

    Senior VP & Chief Lending Officer

    • Tenure: 0.0yrs

Board Members

  • Heather Brolick (59yo)

    Co-Founder

    • Tenure: 13.3yrs
    • Compensation: US$203.91k
  • Gary Bogner (76yo)

    Non-Officer Chairman of the Board

    • Tenure: 13.3yrs
    • Compensation: US$11.35k
  • Bruce Essex (69yo)

    Director

    • Tenure: 21.6yrs
    • Compensation: US$11.35k
  • Robert Chandonnet (74yo)

    Non-Officer Vice Chairman of the Board

    • Tenure: 11.6yrs
    • Compensation: US$11.35k
  • Stanley Boelkins (83yo)

    Director

    • Tenure: 5.8yrs
    • Compensation: US$11.35k
  • Julie Greene (60yo)

    Director

    • Tenure: 8.5yrs
    • Compensation: US$11.35k
  • Garth Deur (62yo)

    Director

    • Tenure: 1.9yrs

Company Information

Community Shores Bank Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Community Shores Bank Corporation
  • Ticker: CSHB
  • Exchange: OTCPK
  • Founded: 1998
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$13.002m
  • Shares outstanding: 4.10m
  • Website: https://www.communityshores.com

Number of Employees


Location

  • Community Shores Bank Corporation
  • 1030 West Norton Avenue
  • Muskegon
  • Michigan
  • 49441
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CSHBOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 1998

Biography

Community Shores Bank Corporation operates as the holding company for Community Shores Bank, a community bank that provides various commercial and consumer banking services primarily in the communities of  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 23:34
End of Day Share Price2019/08/19 00:00
Earnings2017/12/31
Annual Earnings2017/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.