Community Shores Bank

1030 West Norton Avenue
Muskegon, MI 49441
231-780-1800
www.communityshores.com

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Community Shores Bank is headquartered in Muskegon and is the 58^th largest bank in the state of Michigan. It is also the 2,901^st largest bank in the nation. It was established in 1999 and as of March of 2012, it had grown to 64 employees at 4 locations. Community Shores Bank has a 2-star health rating.

Community Shores Bank Routing Number: 072413942

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See Rates for: Checking | Savings | Money Market | CD | IRA

Community Shores Bank Checking Account Rates

Apy	Min	Max	Product
0.10%	$25k	-	Business Interest Checking
0.05%	-	-	Community Choice Plus Checking

Community Shores Bank Savings Account Rates

Apy	Min	Max	Product
0.50%	-	-	Premium Sweep Savings
0.45%	$10k	-	Health Savings Account
0.25%	$25k	-	Community Club
0.25%	-	-	Premium Sweep Repurchase (Not FDIC Insured)
0.10%	$25k	-	Community Savings
0.10%	$25k	-	Business Savings

Community Shores Bank Money Market Rates

Apy	Min	Max	Product
0.40%	$50k	-	Premium Money Market
0.30%	$50k	-	Premium Business Money Market
0.25%	$50k	-	Community Money Market
0.15%	$100k	-	Business Money Market

Community Shores Bank CD Rates

Apy	Min	Max	Product
1.25%	$1k	-	60 Month CD Special
1.01%	$1k	-	36 Month CD Special
0.90%	$1k	-	48-60 Month CD
0.90%	$1k	-	Business 48-60 Month CD
0.80%	$1k	-	24 Month CD Special
0.65%	$1k	-	18 Month CD Special
0.55%	$1k	-	36-47 Month CD
0.55%	$1k	-	Business 36-47 Month CD
0.50%	$1k	-	12 Month CD Special
0.40%	$1k	-	24-35 Month CD
0.40%	$1k	-	Business 24-35 Month CD
0.30%	$1k	-	18-23 Month CD
0.30%	$1k	-	Business 18-23 Month CD
0.20%	$1k	-	12-17 Month CD
0.20%	$1k	-	Business 12-17 Month CD
0.15%	$1k	-	6-11 Month CD
0.15%	$1k	-	Business 6-11 Month CD
0.07%	$1k	-	0-5 Month CD
0.07%	$1k	-	Business 0-5 Month CD

Community Shores Bank IRA Rates

Apy	Min	Max	Product
1.25%	$250	-	60 Month IRA Special
1.25%	$250	-	60 Month Roth IRA Special
1.01%	$250	-	36 Month IRA Special
1.01%	$250	-	36 Month Roth IRA Special
0.90%	$250	-	48-60 Month IRA
0.90%	$250	-	48-60 Month Roth IRA
0.80%	$250	-	24 Month Jump Up IRA
0.80%	$250	-	24 Month Jump Up Roth IRA
0.65%	$250	-	18 Month IRA Special
0.65%	$250	-	18 Month Roth IRA Special
0.55%	$250	-	36-47 Month IRA
0.55%	$250	-	36-47 Month Roth IRA
0.50%	$250	-	12 Month IRA Special
0.50%	$250	-	12 Month Roth IRA Special
0.40%	$250	-	24-35 Month IRA
0.40%	$250	-	24-35 Month Roth IRA
0.30%	$250	-	18-23 Month IRA
0.30%	$250	-	18-23 Month Roth IRA
0.20%	$250	-	12-17 Month IRA
0.20%	$250	-	12-17 Month Roth IRA
0.15%	$250	-	6-11 Month IRA
0.15%	$250	-	6-11 Month Roth IRA
0.07%	$250	-	0-5 Month IRA
0.07%	$250	-	0-5 Month Roth IRA

Rates updated: 5/25/2012

Data for Q1 2012

Institution Statistics

Community Shores Bank
FDIC Certificate #	34944
BankRate Report	View
Year Established	1999
Employees	64
Primary Regulator	FDIC
Assets and Liabilities
Assets	$219.41 million
Loans	$137.07 million
Deposits	$200.24 million
Equity Capital	$8.68 million
Loan Loss Allowance	$4.43 million
Unbacked Noncurrent Loans	$7.01 million
Real Estate Owned	$3.09 million
Historic Data - March 2011
Assets	$242.39 million
Equity Capital	$9.85 million
Loan Loss Allowance	$5.26 million
Unbacked Noncurrent Loans	$8.05 million
Real Estate Owned	$3.87 million
Profit Margin - Quarterly
Net Interest Margin	3.91%
Return on Assets	0.12%
Return on Equity	2.91%
Interest Income	$2.34 million

Institution Health

Overall Score:

2 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Community Shores Bank had $10.11 million in non-current loans and owned real-estate with $13.11 million in equity and loan loss allowances on hand to cover it. This gives Community Shores Bank a Texas Ratio of 77.09% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Community Shores Bank held steady from 78.91% as of March 31, 2011 to 77.09% as of March 31, 2012, resulting in a positive change of 2.31%.This indicates that the balance sheet and financial strength for Community Shores Bank has held steady in recent periods.
Deposit Growth
In the past year, Community Shores Bank has decreased its total deposits by -$23.35 million, resulting in -10.44% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Community Shores Bank has shown is poor.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Community Shores Bank has $219.41 million in assets with $13.11 million in equity, resulting in a capitalization level of 5.98%, which is below average.

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