Community Shores Bank

Overview / Commentary

www.communityshores.com

231-780-1800

1030 West Norton Avenue
Muskegon, MI 49441

Community Shores Bank is headquartered in Muskegon and is the 64^th largest bank in the state of Michigan. It is also the 3,049^th largest bank in the nation. It was established in 1999 and as of December of 2018, it had grown to 64 employees at 4 locations. Community Shores Bank's CD rates are 2X the national average, and it has a B+ health rating.

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Health

B+

Data as of Q4 2018

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Health Grade Components

Overall
FDIC Certificate #	34944
Year Established	1999
Employees	64
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.61%
Return on Equity - YTD	6.43%
Annual Interest Income	$7.9MM

Assets and Liabilities
Assets	Q4 2018vs Q4 2017	$184.5MM$184.1MM
Loans	Q4 2018vs Q4 2017	$145.6MM$146.6MM
Deposits	Q4 2018vs Q4 2017	$165.9MM$165.5MM
Equity Capital	Q4 2018vs Q4 2017	$18.1MM$17.0MM
Loan Loss Allowance	Q4 2018vs Q4 2017	$1.8MM$1.9MM
Unbacked Noncurrent Loans	Q4 2018vs Q4 2017	$2.0MM$2.2MM
Real Estate Owned	Q4 2018vs Q4 2017	$820.00K$1.2MM

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Community Shores Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.35%^*	$10k^*	-	Health Savings Account
OTHER TIERS: 0.10% → $1 - $1k \| 0.15% → $1k - $2.5k \| 0.25% → $2.5k - $5k \| 0.30% → $5k - $10k
0.15%^*	$25k^*	-	Community Savings
OTHER TIERS: 0.10% → $1 - $25k

Community Shores Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%^*	$100k^*	-	Premium Money Market
OTHER TIERS: 0.15% → $1 - $15k \| 0.25% → $15k - $50k \| 0.55% → $50k - $100k
0.25%^*	$25k^*	-	Community Money Market
OTHER TIERS: 0.15% → $1 - $25k

Community Shores Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.35%^*	$50k^*	-	Community Club Checking
OTHER TIERS: 0.10% → $1 - $10k \| 0.15% → $10k - $25k \| 0.25% → $25k - $50k

Community Shores Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.75%	$1k	-	24 Month CD Special
2.40%	$1k	-	18 Month CD Special
2.00%	$1k	-	12 Month CD Special
1.10%	$1k	-	48-60 Month CD
0.90%	$1k	-	36-47 Month CD
0.75%	$1k	-	24-35 Month CD
0.55%	$1k	-	18-23 Month CD
0.45%	$1k	-	12-17 Month CD
0.20%	$1k	-	6-11 Month CD
0.10%	$1k	-	0-5 Month CD

Community Shores Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.75%	$250	-	24 Month IRA Special
2.40%	$250	-	18 Month IRA Special
2.00%	$250	-	12 Month IRA Special
1.10%	$250	-	48-60 Month IRA
0.90%	$250	-	36-47 Month IRA
0.75%	$250	-	24-35 Month IRA
0.55%	$250	-	18-23 Month IRA
0.45%	$250	-	12-17 Month IRA
0.20%	$250	-	6-11 Month IRA
0.10%	$250	-	0-5 Month IRA

Locations

Community Shores Bank Locations
Community Shores Bank	1030 West Norton Avenue	Muskegon, MI 49441
Grand Haven Branch	1120 South Beacon Boulevard	Grand Haven, MI 49417
North Muskegon Branch	180 North Causeway	North Muskegon, MI 49445
Harvey Street Branch	5797 Harvey Street	Muskegon, MI 49444

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