Community Shores Bank, Financial Information

AboutCommunity Shores Bank

 Address:
1030 West Norton Avenue
Muskegon,MI
Muskegon County,Michigan
 Established:
Jan 1999
 Number of domestic offices:
4
Total assets$257M
Net income$0M
Net income,quarterly$0M
Total deposits$231M
Domestic deposits$231M
Equity capital$26M
ROA0.21%
ROAQ,quarterly0.58%
ROA,pretax0.58%
ROAQ,quarterly,pretax0.75%
ROE2.29%
ROEQ,quarterly6.39%
UpdatedNov 30, 2020

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.