Birmingham Bloomfield Bancshares, Inc. Reports 2007 Results

Name	Symbol	Market	Type
Bondbloxx Bbb Rated 5 to 10 Year Corporate Bond ETF	AMEX:BBBI	AMEX	Exchange Traded Fund

Name

Symbol

Market

Type

Bondbloxx Bbb Rated 5 to 10 Year Corporate Bond ETF

AMEX:BBBI

AMEX

Exchange Traded Fund

	Price Change	% Change	Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.2224	0.45%	49.70	49.73	49.61	49.61	2,018	21:15:03

Price Change

% Change

Price

High Price

Low Price

Open Price

Traded

Last Trade

0.2224

0.45%

49.70

49.73

49.61

2,018

21:15:03

Birmingham Bloomfield Bancshares, Inc. Reports 2007 Results

10/03/2008 6:34pm

PR Newswire (US)

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BIRMINGHAM, Mich., March 10 /PRNewswire-FirstCall/ -- Birmingham Bloomfield Bancshares, Inc., (OTC:BBBI) (BULLETIN BOARD: BBBI) , the holding company for Bank of Birmingham, today reported a net loss of $2,683,008 for the 12 months ended December 31, 2007. This compares with a net loss of $2,963,154 for the 12 months ended December 31, 2006. Total assets at December 31, 2007 were $47,259,890, compared to total assets of $23,703,952 the year before. Loans outstanding totaled $37,106,976 at December 31, 2007, compared to $12,913,577 at year-end 2006. At the close of the year, deposits stood at $36,262,348, compared to $10,228,948 at the close of 2006. Robert E. Farr, President and CEO, commenting on year-end results said, "We are very pleased with both loan and deposit growth. In addition, we are proud that our Team met performance goals despite the tribulations of Michigan's economy and while maintaining excellent credit quality. Despite the obvious economic challenges that face our region, we continue to find ample opportunities to bring new deposit relationships and solid personal and business loan customers into the bank. The demographics of the communities we serve are very strong." Mr. Farr concluded, "We are optimistic about 2008 and beyond. With our strong capital position and healthy loan portfolio, we feel we are well positioned to continue the trailing year's growth rate. Birmingham Bloomfield Bancshares, Inc. is the holding company for Bank of Birmingham, a Michigan state-chartered bank with offices in Birmingham and Bloomfield Township. Bank of Birmingham currently serves the Oakland County communities of Birmingham, Bloomfield, Franklin, Beverly Hills, and Bingham Farms. DATASOURCE: Birmingham Bloomfield Bancshares, Inc. CONTACT: Robert E. Farr of Birmingham Bloomfield Bancshares, Inc., +1-248-283-6430, or Mike Marcotte of Marcotte Financial Relations, +1-248-656-3873, for Birmingham Bloomfield Bancshares, Inc.

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BBBI Bondbloxx Bbb Rated 5 to 10 Year Corporate Bond ETF