XML 56 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest and dividend income        
Loans, including fees $ 1,721,753us-gaap_InterestAndFeeIncomeLoansAndLeases $ 1,714,892us-gaap_InterestAndFeeIncomeLoansAndLeases $ 3,435,813us-gaap_InterestAndFeeIncomeLoansAndLeases $ 3,591,366us-gaap_InterestAndFeeIncomeLoansAndLeases
Securities 108,815us-gaap_InterestAndDividendIncomeSecurities 137,710us-gaap_InterestAndDividendIncomeSecurities 229,193us-gaap_InterestAndDividendIncomeSecurities 294,599us-gaap_InterestAndDividendIncomeSecurities
Federal funds sold, FHLB dividends and other income 12,742us-gaap_OtherInterestAndDividendIncome 7,984us-gaap_OtherInterestAndDividendIncome 23,342us-gaap_OtherInterestAndDividendIncome 18,313us-gaap_OtherInterestAndDividendIncome
Total interest and dividend income 1,843,310us-gaap_InterestAndDividendIncomeOperating 1,860,586us-gaap_InterestAndDividendIncomeOperating 3,688,348us-gaap_InterestAndDividendIncomeOperating 3,904,278us-gaap_InterestAndDividendIncomeOperating
Interest expense        
Deposits 210,977us-gaap_InterestExpenseDeposits 252,138us-gaap_InterestExpenseDeposits 425,606us-gaap_InterestExpenseDeposits 531,050us-gaap_InterestExpenseDeposits
Repurchase agreements, federal funds purchased, and other debt 12,281us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase 14,512us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase 23,967us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase 29,726us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
Federal Home Loan Bank advances and notes payable 55,332us-gaap_InterestExpenseShortTermBorrowingsExcludingFederalFundsAndSecuritiesSoldUnderAgreementsToRepurchase 55,321us-gaap_InterestExpenseShortTermBorrowingsExcludingFederalFundsAndSecuritiesSoldUnderAgreementsToRepurchase 110,094us-gaap_InterestExpenseShortTermBorrowingsExcludingFederalFundsAndSecuritiesSoldUnderAgreementsToRepurchase 88,038us-gaap_InterestExpenseShortTermBorrowingsExcludingFederalFundsAndSecuritiesSoldUnderAgreementsToRepurchase
Total interest expense 278,590us-gaap_InterestExpense 321,971us-gaap_InterestExpense 559,667us-gaap_InterestExpense 648,814us-gaap_InterestExpense
Net Interest Income 1,564,720us-gaap_InterestIncomeExpenseNet 1,538,615us-gaap_InterestIncomeExpenseNet 3,128,681us-gaap_InterestIncomeExpenseNet 3,255,464us-gaap_InterestIncomeExpenseNet
Provision for loan losses 0us-gaap_ProvisionForLoanAndLeaseLosses 0us-gaap_ProvisionForLoanAndLeaseLosses 0us-gaap_ProvisionForLoanAndLeaseLosses 0us-gaap_ProvisionForLoanAndLeaseLosses
Net Interest Income After Provision for Loan Losses 1,564,720us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 1,538,615us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 3,128,681us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 3,255,464us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
Non-interest income        
Service charges on deposit accounts 158,253us-gaap_FeesAndCommissionsDepositorAccounts 161,852us-gaap_FeesAndCommissionsDepositorAccounts 296,721us-gaap_FeesAndCommissionsDepositorAccounts 311,303us-gaap_FeesAndCommissionsDepositorAccounts
Gain on sale of loans 38,482us-gaap_GainLossOnSalesOfLoansNet 59,921us-gaap_GainLossOnSalesOfLoansNet 64,710us-gaap_GainLossOnSalesOfLoansNet 127,164us-gaap_GainLossOnSalesOfLoansNet
Gain on sale of securities 0us-gaap_GainLossOnSaleOfSecuritiesNet 0us-gaap_GainLossOnSaleOfSecuritiesNet 7,409us-gaap_GainLossOnSaleOfSecuritiesNet 0us-gaap_GainLossOnSaleOfSecuritiesNet
Gain on sale of foreclosed assets 43,534us-gaap_GainsLossesOnSalesOfOtherRealEstate 44,377us-gaap_GainsLossesOnSalesOfOtherRealEstate 90,532us-gaap_GainsLossesOnSalesOfOtherRealEstate 44,377us-gaap_GainsLossesOnSalesOfOtherRealEstate
Gain on sale of premises and equipment 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment 1,000us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Gain on the extinguishment of debt 0us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt 5,262,653us-gaap_GainsLossesOnExtinguishmentOfDebt
Other 206,330us-gaap_NoninterestIncomeOtherOperatingIncome 160,449us-gaap_NoninterestIncomeOtherOperatingIncome 396,456us-gaap_NoninterestIncomeOtherOperatingIncome 316,725us-gaap_NoninterestIncomeOtherOperatingIncome
Total non-interest income 446,599us-gaap_NoninterestIncome 426,599us-gaap_NoninterestIncome 855,828us-gaap_NoninterestIncome 6,063,222us-gaap_NoninterestIncome
Non-interest expense        
Salaries and employee benefits 966,454us-gaap_LaborAndRelatedExpense 912,135us-gaap_LaborAndRelatedExpense 1,917,901us-gaap_LaborAndRelatedExpense 1,827,045us-gaap_LaborAndRelatedExpense
Occupancy 151,933us-gaap_OccupancyNet 149,239us-gaap_OccupancyNet 325,407us-gaap_OccupancyNet 316,269us-gaap_OccupancyNet
Furniture and equipment 82,991us-gaap_EquipmentExpense 92,156us-gaap_EquipmentExpense 156,432us-gaap_EquipmentExpense 198,199us-gaap_EquipmentExpense
Advertising 10,828us-gaap_AdvertisingExpense 9,100us-gaap_AdvertisingExpense 21,313us-gaap_AdvertisingExpense 24,111us-gaap_AdvertisingExpense
Data processing 166,237us-gaap_InformationTechnologyAndDataProcessing 154,055us-gaap_InformationTechnologyAndDataProcessing 321,704us-gaap_InformationTechnologyAndDataProcessing 300,739us-gaap_InformationTechnologyAndDataProcessing
Professional services 84,699us-gaap_ProfessionalFees 114,164us-gaap_ProfessionalFees 171,104us-gaap_ProfessionalFees 204,812us-gaap_ProfessionalFees
Foreclosed asset impairment 54,197cshb_ForeclosedAssetImpairment 101,141cshb_ForeclosedAssetImpairment 70,028cshb_ForeclosedAssetImpairment 108,740cshb_ForeclosedAssetImpairment
FDIC insurance 108,151us-gaap_FederalDepositInsuranceCorporationPremiumExpense 51,227us-gaap_FederalDepositInsuranceCorporationPremiumExpense 213,601us-gaap_FederalDepositInsuranceCorporationPremiumExpense 224,068us-gaap_FederalDepositInsuranceCorporationPremiumExpense
Other 283,628us-gaap_OtherNoninterestExpense 306,732us-gaap_OtherNoninterestExpense 574,095us-gaap_OtherNoninterestExpense 629,905us-gaap_OtherNoninterestExpense
Total non-interest expense 1,909,118us-gaap_NoninterestExpense 1,889,949us-gaap_NoninterestExpense 3,771,585us-gaap_NoninterestExpense 3,833,888us-gaap_NoninterestExpense
Income Before Federal Income Taxes 102,201us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 75,265us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 212,924us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 5,484,798us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Federal income tax expense 0us-gaap_IncomeTaxExpenseBenefit 0us-gaap_IncomeTaxExpenseBenefit 0us-gaap_IncomeTaxExpenseBenefit 105,000us-gaap_IncomeTaxExpenseBenefit
Net Income $ 102,201us-gaap_NetIncomeLoss $ 75,265us-gaap_NetIncomeLoss $ 212,924us-gaap_NetIncomeLoss $ 5,379,798us-gaap_NetIncomeLoss
Basic average shares outstanding (in Shares) 1,468,800us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 1,468,800us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 1,468,800us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 1,468,800us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted average shares outstanding (in Shares) 1,468,800us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 1,468,800us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 1,468,800us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 1,468,800us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Basic earnings per share (in Dollars per share) $ 0.07us-gaap_EarningsPerShareBasic $ 0.05us-gaap_EarningsPerShareBasic $ 0.14us-gaap_EarningsPerShareBasic $ 3.66us-gaap_EarningsPerShareBasic
Diluted earnings per share (in Dollars per share) $ 0.07us-gaap_EarningsPerShareDiluted $ 0.05us-gaap_EarningsPerShareDiluted $ 0.14us-gaap_EarningsPerShareDiluted $ 3.66us-gaap_EarningsPerShareDiluted