Birmingham Bloomfield Bancshares, Inc. (BBBI)
Birmingham Bloomfield Bancshares, Inc. was organized as a Michigan corporation on February 26, 2004 to serve as a bank holding company for Bank of Birmingham. As part of its organizational activities, the Company will file an application with the Federal Reserve to become a bank holding company. Initially, the Company will have no material business operations other than owning and managing the Bank.
The Company commenced its initial public offering on November 15, 2005 to raise the capital required to capitalize its proposed wholly-owned banking subsidiary, the Bank. The Company expects to use at least $12.05 million of the proceeds of its initial public offering to capitalize the Bank if it sells 1,300,000 shares and at least $15.55 million to capitalize the Bank if it sells 1,800,000 shares. As of March 27, 2005, the Company held in escrow $7.8 million.
The Company commenced its initial public offering on November 15, 2005 to raise the capital required to capitalize its proposed wholly-owned banking subsidiary, the Bank. The Company expects to use at least $12.05 million of the proceeds of its initial public offering to capitalize the Bank if it sells 1,300,000 shares and at least $15.55 million to capitalize the Bank if it sells 1,800,000 shares. As of March 27, 2005, the Company held in escrow $7.8 million.
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Total Income, Quarterly
Profit margin
Net income
Revenue / Net income
Short Term
Long Term
Accounts payable| 31 Dec, 69 | 31 Dec, 69 | 31 Dec, 69 | 31 Dec, 69 |
|---|---|---|---|
| 530000 | 602000 | 516000 | 755000 |
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Other current liabilities| 31 Dec, 69 | 31 Dec, 69 | 31 Dec, 69 | 31 Dec, 69 |
|---|---|---|---|
| 105M | 106M | 111M | 108M |
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Cash and cash equivalents| 31 Dec, 69 | 31 Dec, 69 | 31 Dec, 69 | 31 Dec, 69 |
|---|---|---|---|
| 17M | 16M | 20M | 9458000 |
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Net receivables| 31 Dec, 69 | 31 Dec, 69 | 31 Dec, 69 | 31 Dec, 69 |
|---|---|---|---|
| 1020000 | 1381000 | 1420000 | 4236000 |
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Long term investments| 31 Dec, 69 | 31 Dec, 69 | 31 Dec, 69 | 31 Dec, 69 |
|---|---|---|---|
| 100M | 102M | 106M | 112M |
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Property plant and equipment| 31 Dec, 69 | 31 Dec, 69 | 31 Dec, 69 | 31 Dec, 69 |
|---|---|---|---|
| 1435000 | 1480000 | 1446000 | 1395000 |
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Other assets| 31 Dec, 69 | 31 Dec, 69 | 31 Dec, 69 | 31 Dec, 69 |
|---|---|---|---|
| - | - | - | 2100000 |
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Short Term
Long Term
To see the headquarters in Google Street View &trade, drag this yellow guy: 
over to the red pointer: 
Contact Information:
| Business Address: | - |
| Mailing Address: | 33583 WOODWARD AVENUE BIRMINGHAM MI 48009 Business Address 33583 WOODWARD AVENUE BIRMINGHAM MI 48009 248-593-6455 Birmingham Bloomfield Bancshares C |
| Phone: | 248-723-7200 |
| Fax: | - |
| Website: | http://www.bankofbirmingham.net |
Company Details:
| Symbol: | BBBI |
| SIC: | - |
| State location: | MI |
| Sector: | - |
| State of Inc: | MI |
| Employees: | 18 |
| Type: | OTCBB |
Key executives:
| Name | Age | Position |
|---|---|---|
| Charles T. Pryde | 56 | Organizer, Director, Organizer of Birmingham Bloomfield Bancorp of Birmingham Bloomfield Bancorp |
| Henry Spellman | 69 | Organizer, Director, Organizer of Birmingham Bloomfield Bancorp of Birmingham Bloomfield Bancorp |
| Richard J. Miller | 54 | Chief Financial Officer, Principal Accounting Officer, Organizer, Director, Chief Financial Officer of Birmingham Bloomfield Bancorp, Exec. VP of Birmingham Bloomfield Bancorp, Organizer of Birmingham Bloomfield Bancorp of Birmingham Bloomfield Bancorp |
| Robert E. Farr | 56 | Chief Exec. Officer, Pres, Organizer, Chief Operating Officer, Director, Chief Exec. Officer of Bank of Birmingham, Pres of Bank of Birmingham, Chief Operating Officer of Bank of Birmingham of Bank of Birmingham |
| Walter G. Schwartz | 47 | Organizer, Director, Organizer of Bank of Birmingham of Bank of Birmingham |
| Post # | Subject | Re | Name | Date |
|---|---|---|---|---|
| 1 | This message board is to discuss... | 0 | Hotstocked | February 05, 2009, 08:10AM |
| 2 | Here on this message board we are inviting... | 0 | Guest | February 05, 2009, 08:10AM |