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Community Shores Bank Corp. (CSHB)On Nov 18: 2.40   0.00 (0.00%)  
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Community Shores Bank Corp.
1030 W Norton Avenue
Muskegon, MI 49441
United States - Map
Phone: 231-780-1800
Fax: 231-780-1860
Web Site: http://www.communityshores.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Southwest Banks
Full Time Employees:75

BUSINESS SUMMARY 
Community Shores Bank Corporation operates as a holding company for Community Shores Bank, which provides commercial and consumer banking services primarily in the communities of Muskegon county and Northern Ottawa county. It offers deposit services, including checking accounts, savings accounts, and various types of time deposits. The company’s loan portfolio comprises residential mortgage loans, fixed rate home equity loans, and variable rate home equity lines of credit. Community Shores Bank Corporation also makes personal loans and lines of credit available to consumers for various purposes, such as the purchase of automobiles, boats, and other recreational vehicles, as well as for home improvements and personal investments. In addition, the company provides secured and unsecured commercial loans primarily to small and mid-sized businesses for general operating purposes; acquisition of fixed assets, including real estate; purchases of equipment and machinery; and financing of inventory and accounts receivable. The company was founded in 1998 and is based in Muskegon, Michigan.
Key Statistics

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    CORPORATE GOVERNANCE 
    Community Shores Bank Corp.'s Corporate Governance Quotient (CGQ®) as of 1-Nov-08 is better than 70.3% of CGQ Universe companies and 53.2% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Ms. Heather D. Brolick , 48
    Co-Founder, Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Community Shores Bank, Pres of Community Shores Bank, Pres of Community Shores Mortgage Company of Community Shores Bank
    N/A N/A
    Mr. Ralph R. Berggren Jr., 55
    Co-Founder, Chief Lending Officer, Sr. VP, Sec., Chief Lending Officer of Community Shores Bank, Sr. VP of Community Shores Bank and Sec. of Community Shores Bank
    N/A N/A
    Ms. Tracey A. Welsh , 41
    Co-Founder, Chief Financial Officer, Principal Accounting Officer, Sr. VP, Treasurer, Chief Financial Officer of Community Shores Bank, Sr. VP of Community Shores Bank and Treasurer of Community Shores Bank
    N/A N/A
    Mr. Jose A. Infante , 56
    Co-Founder
    N/A N/A
    Mr. Michael E. Jeruzal ,
    Pres of Community Shores Mortgage Bank and Sr. VP Retail Lending of Community Shores Bank
    N/A N/A
    Dollar amounts are as of 31-Dec-07 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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