What improvements would you like in Yahoo! Finance Message Boards? Please send us feedback.
Message Boards Settings Community Shores Bank Cor (CSHB) - Quote Info
CSHB gets the best possible regulatory rating     22-Aug-09 11:48 am    
Per the latest 10q - CSHB is "well capitalized" giving it the best possible rating -- read below -- taken directly from the CSHB quarterly report of August 14, 2009 for quarter ended June 30, 2009:

"Banks are subject to regulatory capital requirements administered by the federal banking agencies. Capital adequacy guidelines and prompt corrective action regulations, involve quantitative measures of assets, liabilities, and certain off-balance-sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators. Failure to meet various capital requirements can initiate regulatory action.
Prompt corrective action regulations provide five classifications, including well capitalized, adequately capitalized, undercapitalized, significantly undercapitalized, and critically undercapitalized, although these terms are not used to represent overall financial condition. If a bank is not well capitalized, regulatory approval is required to accept brokered deposits. Subject to limited exceptions, a bank may not make a capital distribution if, after making the distribution, it would be undercapitalized. If a bank is undercapitalized, it is subject to being closely monitored by its principal federal regulator, its asset growth and expansion are restricted, and plans for capital restoration are required. In addition, further specific types of restrictions may be imposed on the bank at the discretion of the federal regulator. The Bank was in the well-capitalized category under the regulatory framework for prompt corrective action at both June 30, 2009 and December 31, 2008. "
Rating :
 (No ratings)
Rate it:
awful/not related to \pooraveragegoodexcellent

investing_w...

34/Male


View Messages

Ignore User

Report Abuse

< Previous Message |   Next Message >
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Messages in Topic

Minimum rating: What's this?
  Subject Author Rating Time of Post (ET)  
 
CSHB gets the best possible regulatory rating
investing_w... Not rated 22-Aug-09 11:48 am  
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Community Shores Bank Corp. (CSHB)

Chart for Community Shores Bank Corp. (CSHB)
On Dec 16: 0.75 0.00 (0.00%)
Symbol Lookup