# COMMUNITY SHORES BANK
MUSKEGON, MI · FDIC certificate 34944 · asset band <$300M · latest filing 2020-09 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 4 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $256.8M | |
| Deposits | $231.0M | |
| Loans and leases | $168.1M | |
| Total equity | $25.5M | |
| Loans / deposits | 72.79% (p50 of band) | 72.51% |
| Liquid assets / assets | 27.25% (p33 of band) | |
| Uninsured deposits / deposits | 32.67% (p90 of band) | 17.44% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p20 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 6.39% (p1 of band) | 10.85% |
| Unrealized securities loss / equity | 0.01% (p13 of band) | 2.55% |
| AOCI / equity | -0.50% (p1 of band) | |
| ROA (annualized) | 0.21% (p11 of band) | 0.95% |
| Net interest margin | 1.08% (p2 of band) | 3.57% |
| Efficiency ratio | 77.66% (p70 of band) | |
| Noncurrent loans | 0.77% (p61 of band) | 0.49% |
| Net charge-offs (annualized) | 0.00% (p35 of band) | |
| Reserve coverage of noncurrent | 0.00% | |
| Real estate % of loans | 51% | |
| Construction % of loans | 15.45% (p53 of band) | |
| Auto loans | $178,000 (0.11% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 25.6% | |
| Employees | 57 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **capital falling** (`cap_falling`)
- **NIM <2.5%** (`earn_nim`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 8 | brokered >10%, wholesale funding >15%, leverage <7%, leverage <5%, losing money, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 8 |  |  |
| 2011-09 | 7 | capital falling | brokered >10%, wholesale funding >15% |
| 2011-12 | 6 |  | capital falling |
| 2012-03 | 7 | charge-offs p90, deposits shrinking, assets shrinking | losing money, construction >100% equity |
| 2012-06 | 8 | uninsured deposits leaving |  |
| 2012-09 | 7 |  | uninsured deposits leaving |
| 2012-12 | 5 |  | deposits shrinking, assets shrinking |
| 2013-03 | 5 | deposits shrinking, assets shrinking | reserve under noncurrent, charge-offs p90 |
| 2013-06 | 5 |  |  |
| 2013-09 | 4 | reserve under noncurrent | leverage <5% |
| 2013-12 | 4 |  |  |
| 2014-03 | 1 |  | deposits shrinking, assets shrinking, reserve under noncurrent |
| 2014-06 | 2 | capital falling |  |
| 2014-09 | 3 | charge-offs p90, reserve under noncurrent | capital falling |
| 2014-12 | 4 | deposits shrinking |  |
| 2015-03 | 2 |  | reserve under noncurrent, deposits shrinking |
| 2015-06 | 2 |  |  |
| 2015-09 | 2 | expense ratio p90 | charge-offs p90 |
| 2015-12 | 2 |  |  |
| 2016-03 | 1 |  | leverage <7% |
| 2016-06 | 3 | deposits shrinking, assets shrinking |  |
| 2016-09 | 2 |  | assets shrinking |
| 2016-12 | 1 |  | deposits shrinking |
| 2017-03 | 0 |  | expense ratio p90 |
| 2017-06 | 1 | capital falling |  |
| 2017-09 | 1 | reserve under noncurrent | capital falling |
| 2017-12 | 2 | losing money |  |
| 2018-03 | 1 |  | losing money |
| 2018-06 | 2 | assets shrinking |  |
| 2018-09 | 3 | deposits shrinking |  |
| 2018-12 | 1 |  | assets shrinking, deposits shrinking |
| 2019-03 | 1 |  |  |
| 2019-06 | 2 | capital falling |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 1 |  | capital falling |
| 2020-03 | 2 | charge-offs p90 |  |
| 2020-06 | 2 | capital falling | charge-offs p90 |
| 2020-09 | 4 | leverage <7%, NIM <2.5% |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2020-01-06 [ChoiceOne Financial Services, Inc. Announces Acquisition of Community Shores Bank Corporation - PR Newswire](https://news.google.com/rss/articles/CBMi4AFBVV95cUxNOXNfZDU0T1NlRHVmeXgzZ1lTOEVfWkpTT0ZLLV82bmtuXzVGTDNvOFY5bnN5V0htVGIxV1FYQjlva2szYkd6YktxSzZlX0NfdEV0LXpUT3kzdHZMNGhobk96RGFEeUhoMVViNm55Y0dyUDRaYVJJOGx0bWFQUXlLZkxzVlNMYjRSNk1acXNXaEpaWFFwVjBnT3A4akJuZHB3b0NXYXAzXzY3aVpnRUEyZWlpeVpzSVJXQTB1UDFmcTdmUXNEUk14SzVHVzhCQ05weGlfd3pXeGNOZ1EzY0k3Yw?oc=5) · PR Newswire
- 2020-05-18 [ChoiceOne Bank Completes Consolidation of Lakestone Bank and Trust, Receives Approval for Community Shores Bank Corp. Acquisition - DBusiness Magazine](https://news.google.com/rss/articles/CBMi-AFBVV95cUxQTmdJRG5VMGFlc3VlTS1hTzZCOVpvb1JHNEFTVDNUT3Y2ODZxNkZ4cm5ESF82UTl6TGQteHpXSFZzZXlmUzBtcEtMeERua2lON2VTZmxoUS02QmdxQm9zZDkzcHRTNmZ0NEstMXlDTmY1NlowZ3hUNEpaRVdPM0k3YnpOdXJfLTVDMEdjUld5MHBpNVlaOHJ4WUluTjBxOVR1dXd3b2lsQjcyek9abTRCYlFxT0xhRjFMdTVITkNJMHg0ZWlTVEtSNTJqZFRnWFBWZG93SVJzbVhvR2hoZ3VxYXN3Z3c2VkJDRmFNa1dJOU14bnlqZTFoWQ?oc=5) · DBusiness Magazine
- 2020-05-18 [ChoiceOne Financial Services, Inc. Completes Successful Consolidation of ChoiceOne Bank and Lakestone Bank & Trust And Receives Regulatory Approval for Community Shores Bank Corporation Acquisition - PR Newswire](https://news.google.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?oc=5) · PR Newswire
- 2026-05-08 [Patricia Freeland Obituary (2026) - Norton Shores, MI - Muskegon Chronicle - MLive.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxPYTJzVVVuSnFmOTl5RFRmY2J1SGpJU2ZyTzgzZEw5ZWlRSVhZU0pVblR4YWhJUkxYZVhHX0NMRl9jR2psTElzSGM3WDR1UnQwTGRvcEdjS1g2YXpJZXRjN3RDSUJJTW9uQ0d4ZU1TV2doMFQtSTdON3VvR1pQbXNPUHEzME1nN3JwdUo5Q05hOXhpbHp4?oc=5) · MLive.com
- 2026-07-24 [David Charles Bliss Obituary (2026) - Muskegon, MI - Clock Funeral Home & Cremation Services - Muskegon - Legacy obituary](https://news.google.com/rss/articles/CBMif0FVX3lxTE12cnVncWlWcTA1QUlTR01wVkszaXlGZGhKZ2FnM2lpbnhSRUpSZEh5QjJ5Y0VLWDB3bkI1SHpuOWl0QXJJRGgyVnUtdENEaWtwQU1aaV9Ha1J6cVhvQXRfZEdtNTQ1RjVaeUNlakQ4R2dGdmVOUWpBR3NsYndxTW8?oc=5) · Legacy obituary
- 2018-06-24 [Ex-con accused of befriending, embezzling from dementia patient - MLive.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxQVXJhT0Nfai0zT0Z3ZTRKT2pvREJISnlsUTZoa1JiYkRKc05SM2dGSTdiYV9QaFZWbDRxUkJLTGNWV1FBdW5MNF8weXB4OXByUzl4UnBpeGJWZDI0dnlwUjBONHpyYWJvOGFPUGNtUFpkQXJ3ekNuV1ZXVUZSY2JrR21LVDE?oc=5) · MLive.com
- 2022-08-14 [Jonathan Smith Obituary (1952 - 2021) - Grand Rapids, MI - MLive.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxOa0FaQ2NYSGphbmlvUnZKMjNVUXpTRHpsSnBrTWlrd3dUNTdTM2VxdXB0WlJWSEVFZWpqNnVfUUxDMXVickFNaXQ5eFNhYk1hOC1FQVVPaEVUQWg4ZGhjYTYwcDBqU2xUR29PQ0hDOTVXMEhQVjI4czRNRVd2RFBJeVdkdHR0Q2dsNzBHX0NNSDYxSUFz?oc=5) · MLive.com
- 2021-10-07 [Shirley Sieffert Obituary (2016) - Norton Shores, MI - Muskegon Chronicle - MLive.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxPRjVtcWNSak1GaTVmWjJUQnJmNkx5U2twY2w4MklnczdlbWZ2MEdzbVpYcmFlbWJOUVY2Y2wwZEpyVFZhVllFWEYyckNtR0NfMWhRdWNrQnY1Rm4zYmRzR2pDN190aDF3alk1QkpUQnkxZWFDV0tlUkZJb2N1OG1jQ1dEeTFJbEcwS1FDUzh0X1NPS2c?oc=5) · MLive.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34944 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/0.json (key "34944", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide