Robert Chandonnet - Community Shores Non-Officer Independent Vice Chairman of the Board

Chairman

Mr. Robert L. Chandonnet is an Independent Director and NonOfficer Independent Vice Chairman of the Board of Community Shores Bank Corporationrationration. He is the owner and President of The Nugent Sand Company, Inc., which provides foundry sand to many foundries in the Great Lakes Region. Mr. Chandonnet has worked in the foundry industry since 1966. He began working at Nugent Sand as Sales Manager in 1980, and progressed to President of Nugent Sand in 1989. Mr. Chandonnet purchased Nugent Sand from the prior owners in 1989. He is a member of the National Industrial Sand Association, American Foundry Society, and Muskegon Country Club. since 1998.
Age 69
Tenure 26 years
Phone231-780-1800
Webhttp://communityshores.com

Community Shores Management Efficiency

Community Shores' management efficiency ratios could be used to measure how well Community Shores manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 5.63 M in liabilities with Debt to Equity (D/E) ratio of 22.94, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Community Shores until it has trouble settling it off, either with new capital or with free cash flow. So, Community Shores' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Community Shores Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Community to invest in growth at high rates of return. When we think about Community Shores' use of debt, we should always consider it together with cash and equity.

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Community Shores Bank Corporation operates as the bank holding company for Community Shores Bank that provides various commercial and consumer banking services primarily in the communities of Muskegon and Northern Ottawa counties, Michigan. Community Shores Bank Corporation was founded in 1998 and is based in Muskegon, Michigan. Community Shores operates under BanksRegional classification in the United States and is traded on BATS Exchange. It employs 50 people. Community Shores Bank [CSHB] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Community Shores Bank Leadership Team

Elected by the shareholders, the Community Shores' board of directors comprises two types of representatives: Community Shores inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Community. The board's role is to monitor Community Shores' management team and ensure that shareholders' interests are well served. Community Shores' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Community Shores' outside directors are responsible for providing unbiased perspectives on the board's policies.
Garth Deur, Director
Robert Chandonnet, Non-Officer Independent Vice Chairman of the Board
Bruce Essex, Independent Director
Heather Brolick, Co-Founder, CEO and President Director, CEO of Community Shores Bank and President of Community Shores Bank and President of Community Shores Mortgage Company and Director of Community Shores Bank
Stanley Boelkins, Independent Director
Gary Bogner, Non-Officer Independent Chairman of the Board
Julie Greene, Independent Director
Tracey Welsh, Co-Founder, CFO, Principal Accounting Officer, Sr. VP, Treasurer, CFO of Community Shores Bank, Sr. VP of Community Shores Bank and Treasurer of Community Shores Bank

Community Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Community Shores a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Community Shores in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Community Shores' short interest history, or implied volatility extrapolated from Community Shores options trading.

Pair Trading with Community Shores

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Community Shores position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Community Shores will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Campbell Soup could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Campbell Soup when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Campbell Soup - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Campbell Soup to buy it.
The correlation of Campbell Soup is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Campbell Soup moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Campbell Soup moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Campbell Soup can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Community Shores Bank information on this page should be used as a complementary analysis to other Community Shores' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Other Consideration for investing in Community Pink Sheet

If you are still planning to invest in Community Shores Bank check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Community Shores' history and understand the potential risks before investing.
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