Community Shores Bank Corporation (OTCMKTS:CSHB) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07
|
Submission of Matters to a Vote of Security Holders. |
An annual meeting of our shareholders was held on May 24, 2017.
At the meeting, our shareholders voted on each of the following
three matters:
| election of two class I directors for a three-year term; |
|
ratification of the appointment of BDO USA, LLP as our independent registered public accounting firm for 2017; and |
|
an advisory vote to approve the compensation of our executives disclosed in our proxy statement for the annual meeting. |
The final vote results for each of these three matters is set
forth below.
The votes cast on the election of directors were as follows:
|
Nominee |
Votes For |
Votes Withheld |
Abstentions |
Broker Non-Votes |
| Gary F. Bogner | 3,255,066 | 43,484 | 630,001 | |
| Robert L. Chandonnet | 3,295,058 | 3,492 | 630,001 |
The votes cast on the ratification of the appointment of BDO USA,
LLP as our independent registered public accounting firm for 2017
were as follows:
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
| 3,909,387 | 18,558 |
The votes cast on the advisory vote to approve the compensation
of our executives disclosed in our proxy statement for the annual
meeting were as follows:
| Votes For | Votes Against | Abstentions | Broker Non-votes |
| 3,250,428 | 47,416 | 630,001 |
About Community Shores Bank Corporation (OTCMKTS:CSHB)
Community Shores Bank Corporation is a bank holding company. The Company owns all of the common stock of Community Shores Bank (the Bank). The Bank provides commercial and consumer banking services primarily in the communities of Muskegon County and Northern Ottawa County. The Bank’s services include checking and savings accounts, certificates of deposit, electronic banking services, safe deposit boxes, courier service, and loans for commercial and consumer purposes. Electronic banking services, such as automated clearing house (ACH) and online bill pay, are offered to both personal and business customers. The Bank also uses alternative funding sources as needed, including advances from the Federal Home Loan Bank and obtaining deposits through an Internet deposit listing service. The Bank offers a range of deposit services, including checking accounts, savings accounts and time deposits of various types. Community Shores Bank Corporation (OTCMKTS:CSHB) Recent Trading Information
Community Shores Bank Corporation (OTCMKTS:CSHB) closed its last trading session 00.00 at 2.56 with 10,000 shares trading hands.