The company has not filed an annual or quarterly report since its Q2 FY2021 10-Q, filed Aug 13, 2021. Its latest SEC filing is a 15-12B from Oct 29, 2021.
The sections below describe the company as of the FY2020 annual report.
What Did They Do?
Provides banking services to individuals and businesses, gathering deposits and making residential and commercial real estate loans.
Sources
10-K for FY2020, filed Mar 26, 2021
The Bank operates as a community-oriented institution by offering a variety of loan and deposit products and serving other financial needs…View ↗
The Bank provides financial services to individuals and businesses from our main office in Parkville, Maryland, and from our three…View ↗
How Did They Make Money?
Earns interest from loans and investments and gains when it sells residential mortgages; it also collects fees and service charges on deposit accounts.
Sources
10-K for FY2020, filed Mar 26, 2021
The Bank provides financial services to individuals and businesses from our main office in Parkville, Maryland, and from our three…View ↗
Our results of operations depend primarily on our net interest income which is the difference between the interest income we earn on our…View ↗
Oct 7, 2021Plans to delist from Nasdaq and suspend SEC reporting
The company said shares would move to the OTC Pink Open Market and that it intended to suspend periodic reporting.
Sources
8-K, filed Oct 7, 2021
On October 7, 2021, CBM Bancorp, Inc. (the “Company”) announced that it had given formal notice to the Nasdaq Stock Market of its intention…View ↗
Grew.
Revenue grew 27% in 3 years, from $6.9M in FY2017 to $8.8M in FY2020, about 8% a year.
