8-K 1 k05508e8vk.txt CURRENT REPORT, DATED APRIL 28, 2006 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): APRIL 28, 2006 ---------- COMMUNITY SHORES BANK CORPORATION (Exact name of registrant as specified in its charter) MICHIGAN 333-63769 38-3423227 (State or other jurisdiction (Commission File (IRS Employer of incorporation) Number) Identification Number)
1030 W. NORTON AVENUE, MUSKEGON, MICHIGAN 49441 (Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 231-780-1800 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. On October 31, 2005, Community Shores Bank (the "Bank"), a wholly-owned subsidiary of Community Shores Bank Corporation, entered into a Buy and Sell Agreement with Baumgardner-Hogan Real Estate, LLC, a Kentucky limited liability company, to purchase vacant land located at the corner of Apple Avenue and Quarterline in the City of Muskegon. On April 28, 2006, Addendum #2 to the Buy and Sell Agreement became effective. The addendum essentially extends the contingency period of the Buy and Sell Agreement for an additional 60 days. Addendum #2 is filed as exhibit 10.1 to this report. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits.
Exhibit Number Description -------------- ----------- 10.1 Addendum #2 to Buy and Sell Agreement extending the contingency period.
2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. COMMUNITY SHORES BANK CORPORATION By: /S/ TRACEY A. WELSH ------------------------------------ Tracey A. Welsh Senior Vice President, Chief Financial Officer and Treasurer Date: May 18, 2006 3 EXHIBIT INDEX
Exhibit Number Description -------------- ----------- 10.1 Addendum #2 to Buy and Sell Agreement extending the contingency period.
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