Tracey Welsh - Community Shores Founder
Founder
Ms. Tracey A. Welsh, CPA., is Senior Vice President, Chief Financial Officer, Treasurer of Community Shores Bank Corporationrationration. She is a certified public accountant and has 24 years of bank accounting experience. Ms. Welsh joined Community Shores in 1998, before its initial public offering. She served as Controller of the Bank from early 1999, when the Bank commenced operations, until January of 2002. From 2002 through November of 2003, Ms. Welsh served as Vice President, Chief Financial Officer and Treasurer of Community Shores and Vice President and Chief Financial Officer of the Bank and since November of 2003 has served as Senior Vice President, Chief Financial Officer and Treasurer of Community Shores and Senior Vice President and Chief Financial Officer of the Bank. Ms. Welsh has also served as Treasurer of the Bank since 2007. She is a member of the AICPA and serves on the Michigan Bankers Associations Funds Management Committee. Ms. Welsh is the Treasurer and a Board member of the Humane Society of West Michigan, the Treasurer and a Board member of the Timberland Charter Academy in Muskegon. since 2003.
| Age | 48 |
| Tenure | 21 years |
| Phone | 231-780-1800 |
| Web | http://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.
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
| Return On Equity | 1.0E-4 | |||
| Return On Asset | 0.0012 |
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.
| Return On Equity | 1.0E-4 | |||
| Return On Asset | 0.0012 | |||
| Profit Margin | 0.0003 % | |||
| Operating Margin | 12.17 % | |||
| Current Valuation | 9.87 M | |||
| Shares Outstanding | 4.1 M | |||
| Shares Owned By Insiders | 64.53 % | |||
| Number Of Shares Shorted | 4.27 K | |||
| Price To Earning | 25.95 X | |||
| Price To Book | 0.95 X |
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 Illinois Tool could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Illinois Tool 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 Illinois Tool - 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 Illinois Tool Works to buy it.
The correlation of Illinois Tool 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 Illinois Tool moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Illinois Tool Works 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 Illinois Tool 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.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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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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