<PAGE>

                                                                      EXHIBIT 13

                             COMMUNITY CENTRAL BANK
                                   CORPORATION

                        Report of Independent Registered
                                 Accounting Firm

                                       and

                               Stockholder Report

                                December 31, 2005

<PAGE>

(PLANTE & MORAN LOGO)

                                                            PLANTE & MORAN, PLLC
                                                                       Suite 500
                                                            2601 Cambridge Court
                                                          Auburn Hills, MI 48326
                                                               Tel: 248.375.7100
                                                               Fax: 248.375.7101
                                                                 Plantemoran.com

REPORT OF INDEPENDENT REGISTERED ACCOUNTING FIRM

Board of Directors and Stockholders
Community Central Bank Corporation
Mount Clemens, Michigan

We have audited the accompanying consolidated balance sheet of Community Central
Bank Corporation as of December 31, 2005 and 2004, and the related consolidated
statements of income, comprehensive income, changes in stockholders' equity, and
cash flows for the years ended December 31, 2005, 2004 and 2003. These
consolidated financial statements are the responsibility of the Corporation's
management. Our responsibility is to express an opinion on these financial
statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the
consolidated financial statements are free of material misstatement. An audit
includes examining, on a test basis, evidence supporting the amounts and
disclosures in the consolidated financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.
We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the consolidated financial statements referred to above present
fairly, in all material respects, the consolidated financial position of
Community Central Bank Corporation as of December 31, 2005 and 2004, and the
results of its operations for the years ended December 31, 2005, 2004 and 2003,
in conformity with U.S. generally accepted accounting principles.

Our audit was conducted for the purpose of forming an opinion on the
consolidated basic financial statements taken as a whole. The information
contained in Notes 3, 4, 5, and 8 pertaining to 2003, 2002 and 2001 is presented
for the purposes of additional analysis and is not a required part of the
consolidated basic financial statements. Such information has been subjected to
the auditing procedures applied in the audit of the basic financial statements
and, in our opinion, is fairly stated in all material respects in relation to
the basic financial statements taken as a whole.

                                        /s/ Plante & Moran, PLLC

Auburn Hills, Michigan
March 9, 2006

                                                                     A member of
                                                                      (MRI LOGO)
                         A worldwide association of independent accounting firms

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
CONSOLIDATED BALANCE SHEET

<TABLE>
<CAPTION>
                                                                  December 31,
                                                              -------------------
                                                                2005       2004
                                                              --------   --------
                                                                (In thousands)
<S>                                                           <C>        <C>
Assets
Cash and Cash Equivalents
   Cash and due from banks (Note 2)                           $  8,000   $  4,183
   Federal funds sold                                            3,000      3,000
                                                              --------   --------
   Total Cash and Cash Equivalents                              11,000      7,183
Securities available for sale, at fair value (Note 3)           84,177     51,425
Securities held to maturity, at amortized cost (Note 3)          1,094      1,161
FHLB stock                                                       4,331      3,246
Residential mortgage loans held for sale                         4,286      6,491
Loans (Note 4)
   Commercial real estate                                      201,348    166,686
   Commercial and industrial                                    26,753     40,614
   Residential real estate                                      74,601     64,240
   Home equity lines of credit                                  18,545     18,864
   Consumer loans                                               13,054     14,377
   Credit card loans                                               650        658
                                                              --------   --------
   Total Loans                                                 334,951    305,439
Allowance for credit losses (Note 5)                            (3,580)    (3,377)
                                                              --------   --------
   Net Loans                                                   331,371    302,062
Net property and equipment (Note 6)                              8,753      6,921
Accrued interest receivable                                      2,122      1,391
Other real estate                                                  112        681
Goodwill (Note 1)                                                1,381        743
Intangible assets, net of amortization (Note 1)                    210        134
Cash surrender value of Bank Owned Life Insurance (Note 13)      9,820      7,519
Other assets (Note 16)                                           3,355      2,581
                                                              --------   --------
   Total Assets                                               $462,012   $391,538
                                                              ========   ========
</TABLE>

The accompanying notes are an integral part of the financial statements.


                                        1
<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
CONSOLIDATED BALANCE SHEET

<TABLE>
<CAPTION>
                                                           December 31,
                                                ---------------------------------
                                                         2005       2004
                                                       --------   --------
                                                (In thousands, except share data)
<S>                                             <C>               <C>
Liabilities
Deposits
   Noninterest bearing demand deposits                 $ 31,979   $ 32,080
   NOW and money market accounts                         41,167     40,446
   Savings deposits                                      12,832     20,539
   Time deposits (Note 7)                               228,395    185,791
                                                       --------   --------
   Total Deposits                                       314,373    278,856

Repurchase agreements (Note 8)                           13,184     11,492
Federal Home Loan Bank advances (Note 9)                 86,545     63,360
Accrued interest payable                                    938        780
Other liabilities (Note 13)                                 982        944
ESOP note payable (Note 10)                                 148        205
Subordinated debentures (Note 11)                        10,310     10,310
                                                       --------   --------
   Total Liabilities                                    426,480    365,947

Stockholders' Equity (Note 12)
   Common stock (9,000,000 shares authorized,
      and 3,648,885 issued and outstanding at
      12-31-2005 and 3,008,152 at 12-31-2004)            31,154     20,774
   Retained earnings                                      5,245      5,111
   Unearned employee benefit (Note 10)                     (148)      (205)
   Accumulated other comprehensive loss                    (719)       (89)
                                                       --------   --------
   Total Stockholders' Equity                            35,532     25,591
                                                       --------   --------
   Total Liabilities and Stockholders' Equity          $462,012   $391,538
                                                       ========   ========
</TABLE>

The accompanying notes are an integral part of the financial statements.


                                       2

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
CONSOLIDATED STATEMENT OF INCOME

<TABLE>
                                                           Year Ended December 31,
                                                    -------------------------------------
                                                           2005      2004      2003
                                                         -------   -------   -------
                                                    (In thousands, except per share data)
<S>                                                 <C>            <C>       <C>
Interest Income
   Loans (including fees)                                $21,120   $17,498   $14,437
   Taxable securities                                      2,294     1,641     1,505
   Tax exempt securities                                     613       481       388
   Federal funds sold                                        203       105        90
                                                         -------   -------   -------
   Total Interest Income                                  24,230    19,725    16,420

Interest Expense
   NOW and money market accounts                             612       426       436
   Savings deposits                                          343       240        36
   Time deposits                                           6,733     4,725     4,103
   Repurchase agreements                                     245       109       112
   Federal Home Loan Bank advances                         2,865     1,878     1,828
   ESOP loan interest expense                                 11        10        13
   Subordinated debentures                                   746       548       505
                                                         -------   -------   -------
   Total Interest Expense                                 11,555     7,936     7,033
                                                         -------   -------   -------
   Net Interest Income                                    12,675    11,789     9,387
Provision for credit losses (Note 5)                         100     2,000       275
                                                         -------   -------   -------
   Net Interest Income after provision for
      credit losses                                       12,575     9,789     9,112

Noninterest Income
   Fiduciary income                                          133        --        --
   Deposit service charges                                   297       298       235
   Net realized security gain (Note 3)                        56       191       417
   Mortgage banking income                                 3,752     5,256     7,378
   Other income                                              571       801       385
                                                         -------   -------   -------
   Total Noninterest Income                                4,809     6,546     8,415

Noninterest Expense
   Salaries, benefits and payroll taxes (Note 13)          7,689     7,890     9,418
   Net occupancy expense (Note 14)                         1,635     1,498     1,268
   Other operating expense (Note 15)                       3,808     3,958     3,896
                                                         -------   -------   -------
   Total Noninterest Expense                              13,132    13,346    14,582
                                                         -------   -------   -------
Income Before Taxes                                        4,252     2,989     2,945
   Provision for Income Tax Expense (Note 16)              1,179       782       840
                                                         -------   -------   -------
Net Income                                               $ 3,073   $ 2,207   $ 2,105
                                                         =======   =======   =======
</TABLE>

The accompanying notes are an integral part of the financial statements.


                                       3

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
CONSOLIDATED STATEMENT OF INCOME
(continued)

<TABLE>
<CAPTION>
                              Year Ended December 31,
                      -------------------------------------
                               2005    2004    2003
                              -----   -----   -----
                      (In thousands, except per share data)
<S>                   <C>             <C>     <C>
Per share data:*
   Basic earnings             $0.89   $0.74   $0.72
   Diluted earnings           $0.86   $0.73   $0.70
   Cash Dividends             $0.21   $0.20   $0.20
</TABLE>

*    Per share data has been retroactively adjusted to reflect the issuance of
     stock dividends.


                                       4

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

<TABLE>
<CAPTION>
                                                            Year Ended December 31,
                                                          --------------------------
                                                            2005     2004      2003
                                                          -------   ------   -------
                                                                (In thousands)
<S>                                                       <C>       <C>      <C>
Net Income as Reported                                    $3,073    $2,207   $ 2,105
Other Comprehensive Income
   Change in unrealized net (loss) gain on securities
      available for sale, net of tax of ($328) in 2005,
      $2 in 2004, and ($228) in 2003                        (630)        6      (440)
                                                          ------    ------   -------
Comprehensive Income                                      $2,443    $2,213   $ 1,665
                                                          ======    ======   =======
</TABLE>

The accompanying notes are an integral part of the financial statements.


                                       5
<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY

<TABLE>
<CAPTION>
                                                                  Accumulated
                                                      Unearned       Other
                                  Common   Retained   Employee   Comprehensive    Total
                                  Stock    Earnings   Benefits   Income (Loss)    Equity
                                 -------   --------   --------   -------------   -------
                                                      (In thousands)
<S>                              <C>       <C>        <C>        <C>             <C>
Balance January 1, 2003          $18,364   $ 3,759     ($321)        $ 345       $22,147

Cash dividend                         --      (541)       --            --          (541)
Stock options exercised              630        --        --            --           630
Repurchase 5,000 shares              (98)      (98)       --            --          (196)
Net income for 2003                   --     2,105        --            --         2,105
Release of ESOP shares                21        --        50            --            71
Other comprehensive income            --        --        --          (440)         (440)
                                 -------   -------     -----         -----       -------
Balance December 31, 2003        $18,917   $ 5,225     ($271)         ($95)      $23,776
                                 =======   =======     =====         =====       =======

Cash dividend                         --      (571)       --            --          (571)
Stock options exercised/awards        73        --        --            --            73
Stock dividend                     1,750    (1,750)       --            --            --
Net income for 2004                   --     2,207        --            --         2,207
Release of ESOP shares                34        --        66            --           100
Other comprehensive income            --        --        --             6             6
                                 -------   -------     -----         -----       -------
Balance December 31, 2004        $20,774   $ 5,111     ($205)         ($89)      $25,591

Cash dividend                         --      (742)       --            --          (742)
Stock options exercised/awards       108        --        --            --           108
Rights Offering                    5,275        --        --            --         5,275
Stock dividend (Note 12)           2,197    (2,197)       --            --            --
Net income for 2005                   --     3,073        --            --         3,073
Release of ESOP shares                50        --        57            --           107
RPFC merger                        2,750        --        --            --         2,750
Other comprehensive income            --        --        --          (630)         (630)
                                 -------   -------     -----         -----       -------
Balance December 31, 2005        $31,154   $ 5,245     ($148)        ($719)      $35,532
                                 =======   =======     =====         =====       =======
</TABLE>

The accompanying notes are an integral part of the financial statements.


                                       6

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
CONSOLIDATED STATEMENT OF CASH FLOW

<TABLE>
<CAPTION>
                                                                     Year Ended December 31,
                                                                ---------------------------------
                                                                   2005        2004        2003
                                                                ---------   ---------   ---------
                                                                          (In thousands)
<S>                                                             <C>         <C>         <C>
Operating Activities
   Net income                                                   $   3,073   $   2,207   $   2,105
   Adjustments to reconcile net income to net
      cash flow from operating activities:
      Net amortization of security premium                            309         392         786
      Net gain on available for sale securities                       (56)       (191)       (417)
      Provision for credit losses                                     100       2,000         275
      Depreciation expense                                            560         458         404
      Loss on disposal of property and equipment                       --          40          --
      Deferred income tax (benefit) expense                          (173)        255          --
      ESOP compensation expense                                       107         100          71
      (Increase) decrease in accrued interest receivable             (731)        (86)         59
      (Increase) decrease in other assets                          (1,332)       (549)         53
      Increase (decrease) in accrued interest payable                 158         269         (17)
      Increase in other liabilities                                    38         192         131
      Loans originated held for sale                             (142,072)   (172,831)   (245,012)
      Loans sold held for sale                                    144,277     173,581     249,016
      Decrease (increase) in other real estate                        569        (318)        (43)
                                                                ---------   ---------   ---------
   Net Cash Provided By Operating Activities                        4,827       5,519       7,411

Investing Activities
   Net cash acquired from the purchase and assumption of NOCB          --          --       4,261
   Sales, maturities, calls and prepayments of securities
      available for sale                                           23,320      79,180      89,007
   Purchases of securities available for sale                     (55,169)    (73,648)    (89,979)
   Maturities, calls, and prepayments of held to maturity
      securities                                                       65          95         892
   Purchases of held to maturity securities                        (1,085)       (519)     (1,329)
   Increase in loans                                              (28,727)    (36,807)    (49,289)
   Purchases of property and equipment                             (2,392)     (3,442)     (2,264)
   Purchase of Bank Owned Life Insurance                           (2,000)         --      (7,000)
                                                                ---------   ---------   ---------
   Net Cash Used in Investing Activities                          (65,988)    (35,141)    (55,701)

Financing Activities
   Net decrease (increase) in demand and savings deposits          (7,087)     11,378        (148)
   Net increase in time deposits                                   42,604      12,122      31,552
   Net increase (decrease) in short term borrowings                 1,692      (1,344)      4,830
   FHLB advances                                                   50,900      29,000      29,900
   FHLB advance repayments                                        (27,715)    (20,014)    (19,914)
   Repayment of capitalized lease obligation                           --          --        (951)
   Payment of ESOP debt                                               (57)        (66)        (50)
   Rights/Public Stock Offering                                     5,275          --          --
   Stock options exercised                                            108          73         630
   Cash dividends paid                                               (742)       (571)       (541)
   Repurchase of stock                                                 --          --        (196)
                                                                ---------   ---------   ---------
   Net Cash Provided by Financing Activities                       64,978      30,578      45,112
   Increase (decrease) in Cash and Cash Equivalents                 3,817         956      (3,178)
   Cash and Cash Equivalents at the Beginning
      of the Period                                                 7,183       6,227       9,405
                                                                ---------   ---------   ---------
   Cash and Cash Equivalents at the End of the Period           $  11,000   $   7,183   $   6,227
                                                                =========   =========   =========
Supplemental Disclosure of Cash Flow Information

   Interest paid                                                $  11,555   $   7,667   $   7,005
   Federal Taxes Paid                                           $   1,740   $     650   $   1,026
                                                                =========   =========   =========
</TABLE>


                                       7
<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
December 31, 2005 and 2004

(1) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The accounting and reporting policies of Community Central Bank Corporation (the
"Corporation") conform to accounting principles generally accepted in the United
States of America. Management is required to make estimates and assumptions that
affect the amounts reported in the financial statements and accompanying notes.
Actual results could differ from those estimates and assumptions. Material
estimates that are particularly susceptible to significant change in the near
term relate to the determination of the allowance for loan losses, the valuation
of foreclosed real estate, and deferred tax assets.

PRINCIPLES OF CONSOLIDATION: The consolidated financial statements include the
accounts of the Corporation and its wholly-owned subsidiaries, Community Central
Bank (the "Bank") and Community Central Mortgage Company, LLC ("the Mortgage
Company"). All significant intercompany transactions are eliminated in
consolidation. The ownership structure of the Mortgage Company consists of two
members, Community Central Bank and Community Central Bank Corporation, owning
99% and 1% of the Mortgage Company, respectively.

NATURE OF OPERATIONS: Community Central Bank Corporation is the bank holding
company for Community Central Bank in Mount Clemens, Michigan. The Corporation
opened for business in October 1996 and serves businesses and consumers across
Macomb, St. Clair and Oakland Counties with a full range of lending, deposit and
Internet banking services. The Bank operates two full service facilities in
Michigan, one in Mount Clemens and the other in Rochester Hills. Community
Central Mortgage Company, LLC, a subsidiary of the Corporation and Bank,
operates locations servicing the Detroit metropolitan area central and northwest
Indiana, northern Illinois and Raleigh, North Carolina. The Corporation's common
shares trade on The NASDAQ National Market under the symbol "CCBD."

SECURITIES: On the balance sheet, securities held to maturity are stated at
cost, adjusted for amortization of premium and accretion of discount. Securities
classified as available for sale are those that may be sold in the future to
meet investment objectives of quality, liquidity and yield, and to avoid
significant market deterioration. Securities available for sale are reported at
estimated fair value. Unrealized gain or loss on securities available for sale
is recorded (net of tax) as a component of other comprehensive income in the
equity section of the balance sheet. Gain or loss on sales or calls of
securities is computed based on the amortized cost of the specific security.

FEDERAL HOME LOAN BANK STOCK: Federal Home Loan Bank Stock ("FHLB Stock") is
considered a restricted investment security and is carried at cost. Purchases
and sales of FHLB stock are made directly with the FHLB at par value.

LOANS: Loans are generally reported at the principal amount outstanding.
Non-refundable loan origination fees and certain direct loan origination costs
are deferred and included in interest income over the term of the related loan
as a yield adjustment. Interest on loans is accrued and credited to income based
upon the principal amount outstanding. The accrual of interest on loans is
discontinued when, in the opinion of management, there is an indication that the
borrower may be unable to meet payments as they become due. Upon such
discontinuance, all unpaid interest accrued is reversed. Interest accruals are
generally resumed when all delinquent principal and/or interest has been brought
current or the loan becomes both well secured and in the process of collection.

LOANS HELD FOR SALE: Loans held for sale consist of fixed rate residential
mortgage loans with maturities of 15 to 30 years. Such loans are recorded at the
lower of aggregate cost or estimated fair value.

ALLOWANCE FOR CREDIT LOSSES: The allowance for credit losses is maintained at a
level considered by management to be adequate to absorb probable losses inherent
in existing loans and loan commitments. The adequacy of the allowance is based
on evaluations that take into consideration such factors as prior loss
experience, changes in the nature and volume of the portfolio, overall portfolio
quality, loan concentrations, specific impaired or problem loans and
commitments, and current economic conditions that may affect the borrower's
ability to pay.


                                        8

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FORECLOSED ASSETS: Assets acquired through, or in lieu of, loan foreclosure are
held for sale and are initially recorded at fair value as of the date of the
foreclosure, establishing a new cost basis. Subsequent to foreclosure,
valuations are periodically performed by management and the assets are carried
at the lower of carrying amount or fair value less cost to sell. Revenue and
expenses from operations and changes in the valuation allowance are included in
net expenses from foreclosed assets.

PROPERTY AND EQUIPMENT: Property and equipment are stated at cost, less
accumulated depreciation and amortization. Depreciation, generally computed
using a declining balance method, is charged to operations over the estimated
useful lives of the assets. Leasehold improvements are amortized over the terms
of their respective leases or the estimated useful lives of the improvements,
whichever is shorter.

GOODWILL: Goodwill results from business acquisitions and represents the excess
of the purchase price over the fair value of the acquired tangible assets and
liabilities and identifiable intangible asset. Goodwill is assessed annually for
impairment and any such impairment will be recognized in the period identified.
As of December 31, 2005, the goodwill intangible asset of $1,381,000 had no
impairment.

INTANGIBLES: The core deposit intangible of $61,000 as of December 31, 2005
consists of core deposit intangible assets arising from an acquisition. The
assets were measured at fair value and are being amortized on an accelerated
method over their estimated useful lives. Amortization expense of approximately
$73,000 was recognized in 2005. Under accelerated amortization, the core deposit
intangible is expected to be fully amortized by 2008.

OTHER INTANGIBLE ASSETS: The other intangible assets of $149,000 as of December
31, 2005 consist of an intangible generated from an acquisition. The intangible
is associated with customer relationships, which will be amortized straight-line
over their estimated useful lives. Amortization expense of approximately $11,000
was recognized in 2005. Under the straight-line method, the intangible asset is
expected to be fully amortized by 2012.

STOCK OPTIONS: Options granted under the Corporation's plans are accounted for
using the intrinsic value method. Using this method, compensation expense is
recorded at the amount by which the market price of the underlying stock exceeds
the option's exercise price at the grant date. Under the Corporation's plans,
the exercise price of options granted equals the fair value of the stock at the
grant date. Accordingly, no compensation expense is recognized as a result of
stock option awards. The Corporation has adopted the pro forma disclosure-only
provisions of Statement of Financial Accounting Standards (SFAS) 123,
"Accounting for Stock-Based Compensation." Options granted under the
Corporation's plans are accounted for using the intrinsic value method. Using
this method, compensation expense is recorded at the amount by which the market
price of the underlying stock exceeds the option's exercise price at the grant
date. Under the Corporation's plan, the exercise price of options granted equals
the fair value of the stock at the grant date. Accordingly, no compensation
expense is recognized as a result of stock option awards. The Corporation has
adopted the pro forma disclosure-only provisions of Statement of Financial
Accounting Standards (SFAS) 123, "Accounting for Stock-Based Compensation."
Effective January 1, 2006, the Corporation adopted SFAS No. 123(R), which
requires entities to measure the cost of employee services received in exchange
for an award of equity instruments based on the grant-date fair value of the
award (with limited exceptions).


                                        9

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

EARNINGS PER SHARE: Basic earnings per share are based on the weighted average
number of shares outstanding during the period. For earnings per share,
committed-to-be-released and allocated shares of the "ESOP" are considered
outstanding. Diluted earnings per share are adjusted for the dilutive effects of
stock options, where applicable. All share amounts have been retroactively
adjusted to reflect the issuance of stock dividends.

Weighted average shares reconciliation is as follows:

<TABLE>
<CAPTION>
                           Year Ended December 31,
                          ------------------------
                             2005    2004    2003
                            -----   -----   -----
                          (In thousands of shares)
<S>                       <C>       <C>     <C>
Basic                       3,467   2,970   2,936
Effect of stock options        89      71      53
                            -----   -----   -----
Diluted                     3,556   3,041   2,989
                            =====   =====   =====
</TABLE>


                                       10

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

COMPREHENSIVE INCOME: Accounting principles generally require that recognized
revenue, expense, gain and loss be included in net income. Certain changes in
assets and liabilities, such as unrealized gain or loss on securities available
for sale, are reported as a separate component of equity. Such items, along with
net income, are components of comprehensive income. Accumulated other
comprehensive income at December 31, 2005, 2004 and 2003 consisted solely of
unrealized gain and losses on available for sale securities, net of tax.

RECENT ACCOUNTING PRONOUNCEMENTS: In October 2002, the FASB issued SFAS No. 147,
"Acquisitions of Certain Financial Institutions". This Statement addresses the
financial accounting and reporting for the acquisition of all or part of a
financial institution, except for a transaction between two or more mutual
enterprises. This Statement removes acquisitions of financial institutions from
the scope of SFAS No. 72, "Accounting for Certain Acquisitions of Banking or
Thrift Institutions" and FASB Interpretation No. 9, "Applying APB Opinions No.
16 and 17 when a Savings and Loan Association or a Similar Institution Is
Acquired in a Business Combination Accounted for by the Purchase Method," and
requires that those transactions be accounted for in accordance with SFAS No.
141 and SFAS No. 142. In addition this Statement amends SFAS No. 144 to include
in its scope long-term customer relationship intangible assets of financial
institutions such as depositor and borrower-relationship intangible assets and
credit cardholder intangible assets. Consequently, those intangible assets are
subject to the same undiscounted cash flow recoverability test and impairment
loss recognition and measurement provisions that SFAS No. 144 requires for other
long-lived assets that are held and used. This Statement was effective October
1, 2002. Adoption of this Standard did not have a material effect on the
Corporation's Consolidated Financial Statements.

In December 2002, the FASB issued SFAS No. 148, "Accounting for Stock-Based
Compensation-Transition and Disclosure--an Amendment of FASB Statement No. 123."
This Statement amends SFAS No. 123, "Accounting for Stock-Based Compensation,"
to provide alternative methods of transition for a voluntary change to the fair
value method of accounting for stock-based employee compensation. In addition,
this Statement amends the disclosure requirements of SFAS No. 123 to require
more prominent disclosures about the method of accounting for stock-based
employee compensation and the effect of the method used on reported results in
both annual and interim financial statements. This Statement was effective for
financial statements for fiscal years ending after December 15, 2002. As
permitted by SFAS No. 148, the Corporation will continue to apply the provisions
of APB Opinion No. 25, "Accounting for Stock-Based Compensation," for all
employee stock option grants and has elected to disclose pro forma net income
and earnings per share amounts as if the fair-value based method had been
applied in measuring compensation costs.

In December 2004, the Financial Accounting Standards Board ("FASB") issued SFAS
No. 123(R), Accounting for Stock-Based Compensation ("SFAS 123R"). SFAS 123R
requires all share-based payments to employees, including grants of employee
stock options, to be recognized as expense in the income statement based on
their fair values. Prior to SFAS 123R, only certain pro forma disclosures of
fair value were required. The amount of compensation is measured at the fair
value of the options when granted, and this cost is expensed over the required
service period, which is normally the vesting period of the options. SFAS 123R
will apply to awards granted or modified after January 1, 2006. Compensation
cost will also be recorded for prior option grants that vest after the date of
adoption. The future effect of the adoption of the new accounting principle on
results of operations will depend on the level of future option grants, the
vesting period for those grants and the fair value of the options granted at
such future date. Existing options that are scheduled to vest after the adoption
date are expected to result in additional compensation expense of approximately
$23,000 in 2006.

In April 2003, the FASB issued SFAS No. 149, "Amendment of Statement 133 on
Derivative Instruments and Hedging Activities." This Statement amends and
clarifies financial accounting and reporting for derivative instruments,
including certain embedded derivatives, and for hedging activities under SFAS
No. 133, "Accounting for Derivative Instruments and Hedging Activities." This
Statement amends SFAS No. 133 to reflect the decisions made as part of the
Derivatives Implementation Group (DIG) and in other FASB projects or
deliberations. SFAS No. 149 is effective for contracts entered into or modified
after June 30, 2003, and for hedging relationships designated after June 30,
2003. Adoption of this Standard did not have a material effect on the
Corporation's Consolidated Financial Statements.


                                       11

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

In May 2003, the FASB issued SFAS No. 150, "Accounting for Certain Financial
Instruments with Characteristics of Both Liabilities and Equity." This Statement
establishes standards for how an entity classifies and measures certain
financial instruments with characteristics of both liabilities and equity. This
Statement requires that an issuer classify a financial instrument that is within
its scope as a liability. Many of those instruments were previously classified
as equity or in some cases presented between the liabilities section and the
equity section of the statement of financial position. This Statement is
effective for financial instruments entered into or modified after May 31, 2003,
and is effective at the beginning of the first interim period beginning after
June 15, 2003. Adoption of this Standard did not require reclassification and
did not result in any changes to the Consolidated Balance Sheet or Income
Statement.

In November 2002, the FASB issued Interpretation No. 45, (FIN 45) "Guarantor's
Accounting and Disclosure Requirements for Guarantees, Including Indirect
Guarantees of Indebtedness of Others," which elaborates on the disclosures to be
made by a guarantor about its obligations under certain guarantees issued. It
also clarifies that a guarantor is required to recognize, at the inception of a
guarantee, a liability for the fair value of the obligation undertaken in
issuing the guarantee. The Interpretation expands on the accounting guidance of
SFAS No. 5, "Accounting for Contingencies," SFAS No. 57, "Related Party
Disclosures," and SFAS No. 107, "Disclosures about Fair Value of Financial
Instruments." It also incorporates without change the provisions of FASB
Interpretation No. 34, "Disclosure of Indirect Guarantees of Indebtedness of
Others," which is superseded. The initial recognition and measurement provisions
of this Interpretation apply on a prospective basis to guarantees issued or
modified after December 31, 2002. The disclosure requirements in this
Interpretation were effective for periods ending after December 15, 2002.
Adoption of this Standard did not have a material effect on the Corporation's
Financial Statements.

In December 2003, the AcSEC issued SOP 03-3 "Accounting for Certain Loans or
Debt Securities Acquired in a Transfer" which requires that the investor of
loans should recognize the excess of all cash flows expected at acquisition over
the investors initial investment in the loan as interest income on level yield
basis over the life of the loan. The amount of accretable yield should not be
displayed in the balance sheet. The loan's contractually required payments
receivable in the excess of the amount of its cash flows expected at acquisition
should not be displayed in the balance sheet or recognized as an adjustment of
yield, a loss accrual, or a valuation allowance for credit risk. The SOP is
effective for loans acquired in the fiscal years beginning after December 15,
2004. The Corporation adopted this SOP, as early adoption was encouraged by
AcSEC. The SOP was applied for loans purchased in October 2003, through the
purchase and assumption of selected assets and liabilities of North Oakland
Community Bank.

In January 2003, the FASB issued Interpretation No. 46 (FIN 46), "Consolidation
of Variable Interest Entities." This Interpretation clarifies the application of
ARB No. 51, "Consolidated Financial Statements," for certain entities in which
equity investors do not have the characteristics of a controlling financial
interest or do not have sufficient equity at risk for the entity to finance its
activities without additional subordinated support from other parties. This
Interpretation requires variable interest entities to be consolidated by the
primary beneficiary which represents the enterprise that will absorb the
majority of the variable interest entities' expected losses if they occur,
receive a majority of the variable interest entities' residual returns if they
occur, or both. Qualifying Special Purpose Entities (QSPE) are exempt from the
consolidation requirements of FIN 46. This Interpretation was effective for
variable interest entities created after January 31, 2003 and for variable
interest entities in which an enterprise obtains an interest after that date. On
October 10, 2003, the FASB issued FASB Staff Position (FSP) FIN 46-6, "Effective
Date of FASB Interpretation No. 46, Consolidation of Variable Interest
Entities." FSP FIN 46-6 has provided a deferral of the effective date for
applying the provisions of FIN 46 for variable interest entities in which an
enterprise holds a variable interest that was acquired before February 1, 2003,
to the first fiscal year or interim period ending after December 15, 2003, with
earlier adoption permitted. In December 2003, FASB issued FIN 46(R) to make
certain technical corrections. The Corporation adopted this standard in the
first quarter of 2004. It did not have any effect on the Corporation's
Consolidated Financial Statements.


                                       12

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(2) CASH AND DUE FROM BANKS

The Bank is required to maintain cash on hand or noninterest bearing deposits
with the Federal Reserve Bank, based on a percentage of the Bank's deposits. The
requirement is met using a combination of vault cash and deposits made using a
pass-through relationship with a correspondent bank. As of December 31, 2005, no
reserves were required.

(3) SECURITIES

The following table shows the amortized cost and estimated fair value of the
Corporation's security portfolios as of the dates indicated:

<TABLE>
<CAPTION>
                                                      December 31, 2005
                                            -------------------------------------
                                                           Unrealized
                                            Amortized   ---------------     Fair
                                               Cost     Gains    Losses    Value
                                            ---------   -----   -------   -------
                                                       (In thousands)
<S>                                         <C>         <C>     <C>       <C>
Securities Available for Sale
   United States Government agencies         $24,170     $ --     ($355)  $23,815
   Mortgage backed securities                 25,503       35      (372)   25,166
   Collateralized mortgage obligations        10,936        5      (214)   10,727
   Municipal securities                       24,168       61      (249)   23,980
   Mutual fund                                   500       --       (11)      489
                                             -------     ----   -------   -------
      Total Securities Available for Sale     85,277      101    (1,201)   84,177
                                             -------     ----   -------   -------
Held to Maturity Securities
   Municipal securities                          115        4        --       119
   Trust Preferred securities                    250       --        (6)      244
   Mortgage backed securities                    729        2        (9)      722
                                             -------     ----   -------   -------
      Total Held to Maturity Securities        1,094        6       (15)    1,085
                                             -------     ----   -------   -------
      Total Securities                       $86,371     $107   ($1,216)  $85,262
                                             =======     ====   =======   =======
</TABLE>


                                       13

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

<TABLE>
<CAPTION>
                                                      December 31, 2004
                                            ------------------------------------
                                                          Unrealized
                                            Amortized   --------------     Fair
                                               Cost     Gains   Losses    Value
                                            ---------   -----   ------   -------
                                                       (In thousands)
<S>                                         <C>         <C>     <C>       <C>
Securities Available for Sale
   United States Government agencies         $12,661     $  4   ($ 44)   $12,621
   Mortgage backed securities                 16,181       31    (126)    16,086
   Collateralized mortgage obligations        10,699       35     (82)    10,652
   Municipal securities                       11,519      103     (54)    11,568
   Mutual fund                                   500       --      (2)       498
                                             -------     ----   -----    -------
      Total Securities Available for Sale     51,560      173    (308)    51,425
                                             -------     ----   -----    -------
Held to Maturity Securities
   Municipal securities                          125        3      --        128
   Trust Preferred securities                    250       --      --        250
   Mortgage backed securities                    786        7      (4)       789
                                             -------     ----   -----    -------
      Total Held to Maturity Securities        1,161       10      (4)     1,167
                                             -------     ----   -----    -------
      Total Securities                       $52,721     $183   ($312)   $52,592
                                             =======     ====   =====    =======
</TABLE>

For the years ended December 31, 2005, 2004 and 2003, proceeds from sales of
securities available for sale amounted to $15.2 million, $49.5 million and $35.8
million, respectively. Gross realized gains amounted to $90,000, $335,000 and
$436,000, respectively. Gross realized losses amounted to $34,000, $144,000 and
$19,000, respectively.


                                       14
<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

The following table shows information pertaining to securities with gross
unrealized losses at December 31, 2005 and 2004, aggregated by investment
category and length of time that individual security has been in continuous loss
position. Unrealized losses on securities have not been recognized into income
because the issuers' bonds are of high credit quality. We have the intent and
ability to hold the securities for the foreseeable future and the decline in
fair value is primarily due to increased market interest rates.

<TABLE>
<CAPTION>
                                                         December 31, 2005
                                            -------------------------------------------
                                             Less than 12 Months      Over 12 Months
                                            --------------------   --------------------
                                               Gross                  Gross
                                            Unrealized     Fair    Unrealized     Fair
                                               Losses     Value      Losses      Value
                                            ----------   -------   ----------   -------
                                                           (In thousands)
<S>                                         <C>          <C>       <C>          <C>
Securities Available for Sale
   United States Government agencies          ($214)     $16,958     ($141)     $ 6,608
   Mortgage backed securities                  (176)      12,621      (196)       7,893
   Collateralized mortgage obligations         (108)       6,339      (106)       3,427
   Municipal securities                        (215)      15,534       (34)       1,493
   Mutual funds                                 (11)         489        --           --
                                              -----      -------     -----      -------
      Total Securities Available for Sale     ($724)     $51,941     ($477)     $19,421
                                              =====      =======     =====      =======
</TABLE>

As of December 31, 2005, the unrealized loss on held to maturity securities was
$15,000 and was in an unrealized loss position for less than twelve months.

<TABLE>
<CAPTION>
                                                         December 31, 2004
                                            ------------------------------------------
                                             Less than 12 Months      Over 12 Months
                                            --------------------   -------------------
                                               Gross                  Gross
                                            Unrealized     Fair    Unrealized    Fair
                                               Losses     Value      Losses     Value
                                            ----------   -------   ----------   ------
                                                           (In thousands)
<S>                                         <C>          <C>       <C>          <C>
Securities Available for Sale
   United States Government agencies           ($44)     $ 6,717     $  --      $   --
   Mortgage backed securities                   (83)      10,860       (43)      2,400
   Collateralized mortgage obligations          (82)       6,276        --          --
   Municipal securities                         (35)       2,845       (19)        701
   Mutual funds                                  (2)         498        --          --
                                              -----      -------     -----      ------
      Total Securities Available for Sale     ($246)     $27,196      ($62)     $3,101
                                              =====      =======     =====      ======
</TABLE>

As of December 31, 2004, the unrealized loss on held to maturity securities was
$4,000 and was in an unrealized loss position for less than twelve months.


                                            15

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Maturity distribution of the investment portfolio as of December 31, 2005, 2004
and 2003 with weighted average yields to maturity.

<TABLE>
<CAPTION>
                                                 2005                          2004                          2003
                                     ---------------------------   ---------------------------   ---------------------------
                                     Amortized     Fair    Yield   Amortized     Fair    Yield   Amortized     Fair    Yield
                                        Cost      Value     (%)       Cost      Value     (%)       Cost      Value     (%)
                                     ---------   -------   -----   ---------   -------   -----   ---------   -------   -----
                                                                          (In thousands)
<S>                                  <C>         <C>       <C>     <C>         <C>       <C>     <C>         <C>       <C>
U.S. Government debentures

One year or less                        7,358      7,253   3.26%      9,306      9,284   3.22%     10,251     10,217   3.35%
Over 1 year through five years          9,984      9,840   4.47%      1,956      1,936   3.05%      8,547      8,472   2.99%
Over 5 years through 10 years           6,828      6,722   5.34%      1,399      1,401   4.82%      2,999      3,003   4.35%
Over ten years                             --         --                 --         --                 --         --
                                      -------    -------   ----     -------    -------   ----     -------    -------   ----
                                       24,170     23,815   4.35%     12,661     12,621   3.37%     21,797     21,692   3.35%

State and political subdivisions *

One year or less                          140        140   6.28%        725        725   3.71%      1,110      1,121   5.68%
Over 1 year through five years          2,179      2,141   4.81%      6,482      6,491   4.58%      2,728      2,734   4.52%
Over 5 years through 10 years           4,398      4,367   5.90%      4,412      4,453   5.32%      7,828      7,809   5.34%
Over ten years                         17,566     17,451   6.60%         25         27   7.07%         --         --
                                      -------    -------   ----     -------    -------   ----     -------    -------   ----
                                       24,283     24,099   6.31%     11,644     11,696   4.81%     11,666     11,664   5.18%

U.S. government mortgage-backed
   and collateralized mortgage
   obligations                         37,168     36,615   4.60%     27,666     27,527   4.08%     24,211     24,231   3.97%
Mutual Fund (CRA Qualified)               500        489   3.98%        500        498   3.62%        500        496   2.66%
Trust Preferred securities                250        244   8.50%        250        250   6.50%         --         --
                                      -------    -------   ----     -------    -------   ----     -------    -------   ----
Total securities                      $86,371    $85,262   5.02%    $52,721    $52,592   4.08%    $58,174    $58,083   4.11%
                                      =======    =======   ====     =======    =======   ====     =======    =======   ====

Memo:
Total variable rate securities
   Included above                      12,625     12,419             13,557     13,455             11,065     10,977

</TABLE>

*    weighted yield on state and political subdivisions is calculated on a
     taxable equivalent basis and is based on yield to maturity of the
     instruments.

The preceding table shows securities generally by contractual maturity. Actual
maturities may differ from contractual maturities because issuers (or underlying
borrowers) may have the right to call or prepay obligations.

Investment securities of $55.5 million were pledged at December 31, 2005 to
secure short term repurchase agreements and partially secure Federal Home Loan
Bank advances.


                                       16
<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(4)  LOANS

Certain directors and executive officers of the Corporation and their associates
are loan customers of the Bank. Such loans were made in the ordinary course of
business and do not involve more than a normal risk of collectibility. The
outstanding loan balance for these persons amounted to $8,024,000 and $7,804,000
at December 31, 2005 and 2004, respectively. The total unused commitments
related to these loans were $3,348,000 at December 31, 2005. During 2005, new
loans and advances were $830,000, while repayments totalled $610,000.

The Bank grants loans to customers who reside primarily in Macomb, St. Clair and
Oakland Counties. Although the Bank has a diversified loan portfolio, a
substantial portion of the local economy has traditionally been dependent upon
the automotive industry. Additionally, the Bank had approximately $109.9 million
in outstanding loans at December 31, 2005, to commercial borrowers in the real
estate rental and property management industry.

LOAN PORTFOLIO

The following table sets forth the composition of our loan portfolios as of the
dates indicated. The loan amounts in the table reflect amounts before deductions
for loans in process, deferred loan fees and discounts and allowance for credit
losses.

<TABLE>
<CAPTION>
                              2005         2004       2003       2002       2001
                            --------     --------   --------   --------   --------
                                                (In thousands)
<S>                         <C>          <C>        <C>        <C>        <C>
Commercial real estate(1)   $201,348     $166,686   $149,769   $122,917   $104,460
Commercial and industrial     26,753(2)    40,614     39,330     29,127     23,714
Residential real estate       74,601       64,240     60,046     41,373     17,497
Home equity lines             18,545       18,864     11,217      4,949      3,703
Consumer loans                13,054       14,377      9,844      5,161      4,324
Credit cards                     650          658        622        522        513
                            --------     --------   --------   --------   --------
Total loans                  334,951      305,439    270,828    204,049    154,211
</TABLE>

(1)  Included in the category of commercial real estate in the above table were
     real estate construction loans totaling $40.6 million, $18.2 million, $13.2
     million, $14.1 million and $16.1 million for the years ended, 2005, 2004,
     2003, 2002 and 2001, respectively.

(2)  Approximately $12 million of the commercial and industrial loan portfolio
     was reclassified during the first quarter of 2005 as commercial real estate
     loans as detailed above.

Commercial (and multi-family) real estate loans make up the largest component of
our loan portfolio. Loans secured by commercial and multi-family real estate
properties are generally larger and involve a greater degree of risk than one-
to four-family residential mortgage loans. Commercial and multi-family real
estate loans typically involve large balances to single borrowers or groups of
related borrowers. Because payments on loans secured by commercial and
multi-family real estate properties are often dependent on the successful
operation or management of the properties, repayment of such loans may be
subject to adverse conditions in the real estate market or the economy. If the
cash flow from the project is reduced (for example, if leases are not obtained
or renewed), the borrower's ability to repay the loan may be impaired. We
attempt to minimize the risks associated with these transactions by generally
limiting our commercial real estate lending to well-known customers or new
customers whose businesses have an established profitable history. In many
cases, risk is further reduced by limiting the amount of credit to any one
borrower to an amount less than our legal lending limit and avoiding certain
types of commercial real estate financing.

Our commercial and industrial business lending activities have encompassed loans
with a variety of purposes and security, including loans to finance inventory
and equipment. Commercial and industrial business loans generally involve
different risks than residential and commercial mortgage loans. Commercial and
industrial business loans are of higher risk and typically are made on the basis
of the borrower's ability to make repayment from the cash flow of the borrower's
business. As a result, the availability of funds for the repayment of commercial
business loans may be substantially dependent on the success of the business
itself, rather than on the value of the real estate that secures mortgage loans.


                                       17

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

The following table illustrates the nominal interest rate sensitivity of
selected loan portfolios at December 31, 2005. Loans which have adjustable or
renegotiable interest rates are shown as maturing in the period during which the
contract is due. The table does not reflect the effects of interest rate
adjustments and possible repayments.

<TABLE>
                                          (In thousands)
<S>                                       <C>
Commercial and industrial loans due
   during the years ending December 31,
   2006                                       $19,213
   2007 to 2010                                 7,540
   2011 and thereafter                             --
                                              -------
   Total loans                                $26,753
                                              =======
</TABLE>

The total amount of commercial and industrial loans due after December 31, 2006
which have fixed interest rates is $2.6 million, while the total amount of these
loans due after such date which have floating or adjustable interest rates is
$4.9 million. Some of these loans may have floor interest rate levels which are
reported as fixed interest rate loans.

<TABLE>
                                          (In thousands)
<S>                                       <C>
Real estate construction loans due
   during the years ending December 31,
   2006                                       $34,103
   2007 to 2010                                 6,502
   2011 and thereafter                             --
                                              -------
   Total loans                                $40,605
                                              =======
</TABLE>

The total amount of construction loans due after December 31, 2006 which have
fixed interest rates is $6.3 million and $207,000 in loans due after such date
which have floating or adjustable interest rates. Some of these loans may have
floor interest rate levels which will be reported as fixed interest rate loans.


                                       18

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(5)  ALLOWANCE FOR CREDIT LOSSES

A summary of the activity in the allowance for credit losses is as follows:

<TABLE>
<CAPTION>
                                             2005      2004     2003     2002     2001
                                            ------    ------   ------   ------   ------
                                                           (In thousands)
<S>                                         <C>       <C>      <C>      <C>      <C>
Balance at beginning of the period          $3,377    $3,573   $3,377   $2,930   $2,654
Charge-offs:
Commercial real estate                         181        --       --      193       --
Commercial and industrial                       57     2,040       38      190      184
Residential real estate                        103        61       18       --       --
Home equity lines                               --        --       --       --       --
Consumer loans                                 171        71       64       57       65
Credit cards                                    12        44        3       28       12
                                            ------    ------   ------   ------   ------
   Total charge-offs                           524     2,216      123      468      261
                                            ------    ------   ------   ------   ------

Recoveries:
Commercial real estate                           1        --       --       --       --
Commercial and industrial                      606         1       19      114       42
Residential real estate                         --        --       --       31       --
Home equity lines                               --        --       --       --       --
Consumer loans                                  18        18       24       14       17
Credit cards                                     2         1        1        1        3
                                            ------    ------   ------   ------   ------
   Total recoveries                            627        20       44      160       62
                                            ------    ------   ------   ------   ------
Net charge-offs                               (103)    2,196       79      308      199
                                            ------    ------   ------   ------   ------
Provision charged to earnings                  100     2,000      275      755      475
                                            ------    ------   ------   ------   ------
Balance at the end of the period            $3,580    $3,377   $3,573   $3,377   $2,930
                                            ======    ======   ======   ======   ======

As a percentage of total portfolio loans      1.07%     1.11%    1.32%    1.65%    1.90%

Ratio of net charge-offs (net recoveries)
   during the period to average
   loans during the period                   (0.03%)    0.74%    0.03%    0.18%    0.13%
</TABLE>

The loan portfolio has been reviewed and analyzed for the purpose of estimating
probable credit losses inherent in the loan portfolio. The Corporation performs
a detailed quarterly review of the allowance for credit losses. The Corporation
evaluates those loans classified as substandard, under its internal risk rating
system, on an individual basis for impairment under SFAS 114. The level and
allocation of the allowance is determined primarily on management's evaluation
of collateral value, less the cost of disposal, for loans reviewed in this
category. The remainder of the total loan portfolio is segmented into
homogeneous loan pools with similar risk characteristics for evaluation under
SFAS 5. The Corporation uses factors such as, historical portfolio losses,
national and local economic trends and levels of delinquency to determine the
appropriate level and allocation of the allowance for loans in this grouping.
The Corporation's policy dictates that specifically identified credit losses be
recognized immediately by a charge to the allowance for credit losses.
Management believes that the present allowance is adequate, based on the broad
range of considerations listed above.

The Corporation considers a loan impaired when it is probable that not all of
the interest and principal will be collected in accordance with the contractual
terms of the loan agreement. Consistent with this definition, all nonaccrual and
reduced-rate loans (with the exception of residential mortgage loans and
consumer loans) are considered impaired. The Corporation had $3,424,000 in loans
and other real estate owned classified as nonperforming at December 31, 2005 and
$1,456,000 at December 31, 2004.


                                       19

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

ANALYSIS OF ALLOWANCE FOR CREDIT LOSSES (IN THOUSANDS)

     The following table contains reserve allocations for types of loans for the
years presented.

<TABLE>
<CAPTION>
                             Commercial     Commercial     Residential   Home Equity   Consumer   Credit
                            Real Estate   and Industrial   Real Estate      Lines        Loans     Cards   Unallocated    Total
                            -----------   --------------   -----------   -----------   --------   ------   -----------   ------
<S>                         <C>           <C>              <C>           <C>           <C>        <C>      <C>           <C>
Balances:

December 31, 2005             $1,526          $  594          $ 993         $138         $154      $ 24        $151      $3,580
   % of loans in category       60.1%            8.0%          22.3%         5.5%         3.9%      0.2%                  100.0%

December 31, 2004             $  805          $1,673          $ 441         $ 94         $205      $ 30        $129      $3,377
   % of loans in category       54.6%           13.3%          21.0%         6.2%         4.7%      0.2%                  100.0%

December 31, 2003             $2,015          $1,025          $ 181         $  8         $ 80      $ 17        $247      $3,573
   % of loans in category       55.3%           14.5%          22.2%         4.1%         3.6%      0.3%                  100.0%

December 31, 2002             $2,561          $  607          $  84         $ 16         $ 59      $ 26        $ 24      $3,377
   % of loans in category       60.2%           14.3%          20.3%         2.4%         2.5%      0.3%                  100.0%

December 31, 2001             $2,092          $  474          $  53         $ 12         $ 46      $ 12        $241      $2,930
   % of loans in category       67.7%           15.4%          11.3%         2.4%         2.8%      0.4%                  100.0%
</TABLE>

LEGAL LENDING LIMIT

Pursuant to state regulations, the Bank is limited in the amount that it may
lend to a single borrower. As of December 31, 2005, the legal lending limit was
approximately $4.8 million or 15% of capital and surplus of the Bank; however,
that limit can be increased (for individual loans) to approximately $10.4
million or 25% of capital and surplus, with two-thirds approval of the Board of
Directors.


                                       20
<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NONPERFORMING ASSETS

     The table below sets forth the amounts and categories of nonperforming
assets in our loan portfolio. See "Loans" and "Allowance for Credit Losses"
under Notes 4 and 5 of Notes to Consolidated Financial Statements. For all years
presented, we have had no troubled debt restructuring, which involve forgiving a
portion of interest or principal on any loans or making loans at a rate
materially less than market rates.

<TABLE>
<CAPTION>
                                                December 31,
                                  ----------------------------------------
                                   2005     2004    2003    2002     2001
                                  ------   ------   ----   ------   ------
                                               (In thousands)
<S>                               <C>      <C>      <C>    <C>      <C>
Nonaccrual loans
   Commercial real estate         $1,637   $  220   $277   $  419   $2,383
   Commercial and industrial         985      305     88        8       23
   Residential real estate            67       16     --      311      166
   Home equity lines                  --       --     --      101       --
   Consumer loans                     --       --     --       --       --
   Credit cards                       --       --     --       --       --
                                  ------   ------   ----   ------   ------
Total                              2,689      541    365      839    2,572

Accruing loans delinquent more
than 90 days
   Commercial real estate         $   --   $   --   $ --   $   --   $   --
   Commercial and industrial          --       --     --       --       --
   Residential real estate           621      100    116       --       --
   Home equity lines                  --       --     --       --       --
   Consumer loans                      1      124      1       --        4
   Credit cards                        1       10      2        6        6
                                  ------   ------   ----   ------   ------
Total                                623      234    119        6       10
                                  ------   ------   ----   ------   ------
Total nonperforming loans          3,312      775    484      845    2,582

Other real estate owned
   Commercial real estate            112      681    363      320       --
                                  ------   ------   ----   ------   ------
Total                                112      681    363      320       --
                                  ------   ------   ----   ------   ------
Total nonperforming assets        $3,424   $1,456   $847   $1,165   $2,582
                                  ======   ======   ====   ======   ======
Total nonperforming loans as a
   percentage of total loans        0.99%    0.25%  0.18%    0.41%    1.67%

Total nonperforming assets as a
   percentage of total assets       0.74%    0.37%  0.24%    0.41%    1.10%
</TABLE>

The Corporation did not recognize any interest income in 2005, 2004 and 2003 on
those loans classified as nonaccruing for the period ended December 31, 2005,
2004 and 2003. The amount of interest that would have been recognized on those
loans classified as nonaccruing, if the loans were in accrual status during that
same time period was $39,000, $46,000 and $20,000 during the periods of 2005,
2004 and 2003, respectively.

Nonperforming loans without a related allowance for credit losses totaled
$784,000 and $471,000 for the periods ended December 31, 2005 and 2004,
respectively. Nonperforming loans with a related allowance for credit losses
totaled $2.5 million and $304,000 for the periods ended December 31, 2005 and
2004, respectively. The related allowance for nonperforming loans for the period
ended December 31, 2005 and 2004 was $329,000 and $95,000, respectively. Total
nonperforming loans averaged $1.8 million in 2005, $1.9 million in 2004 and
$662,000 in 2003.


                                       21

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(6) PROPERTY AND EQUIPMENT

A summary of property and equipment as of December 31 is as follows:

<TABLE>
<CAPTION>
                                                   2005     2004
                                                 -------   ------
                                                  (In thousands)
<S>                                              <C>       <C>
Land                                             $ 1,340   $1,340
Buildings and improvements                         5,809    1,323
Building construction in process                      --    3,068
Leasehold improvements                               229      164
Furniture and equipment                            3,803    2,929
Vehicles                                              56       51
                                                 -------   ------
                                                  11,237    8,875
Less accumulated depreciation and amortization     2,484    1,954
                                                 -------   ------
Net property and equipment                       $ 8,753    6,921
                                                 =======   ======
</TABLE>

(7) TIME DEPOSITS

As of December 31, 2005, scheduled maturities of all time deposits are as
follows:

<TABLE>
<CAPTION>
                           (In thousands)
<S>                        <C>
Year ending December 31,
2006                          $185,400
2007                            23,007
2008                             4,546
2009                            13,417
2010                             2,025
Subsequent years                    --
                              --------
Total time deposits           $228,395
                              ========
</TABLE>

The following table depicts the maturity distribution of certificates of deposit
with balances of $100,000 or more at December 31, 2005.

<TABLE>
<CAPTION>
                                          (In thousands)
<S>                                       <C>
Three months or less                         $ 67,051
Over three months to six months                22,796
Over six months to twelve months               53,571
Over one year to three years                   18,060
Over three years                               12,064
                                             --------
Total time deposits of $100,000 or more      $173,542
                                             ========
</TABLE>


                                       22

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(8) SHORT TERM BORROWINGS

Short term borrowings at December 31, 2005, consisted of short term FHLB
advances of $26.7 million and securities sold with an agreement to repurchase of
$13.2 million. Repurchase agreements generally mature within one day. Following
are details of short term borrowings for the dates or periods indicated:

<TABLE>
<CAPTION>
                                                     2005      2004      2003
                                                   -------   -------   -------
                                                      (Dollars in thousands)
<S>                                                <C>       <C>       <C>
Amount outstanding at end of year
   Repurchase agreements                           $13,184   $11,492   $12,836
   Short-term FHLB advances                        $26,700   $17,000   $19,000

Weighted average interest rate on ending balance
   Repurchase agreements                              2.50%     1.00%     0.75%
   Short-term FHLB advances                           3.60%     2.23%     1.82%

Maximum amount outstanding at any month end
during the year
   Repurchase agreements                           $21,711   $24,995   $19,106
   Short-term FHLB advances                        $26,700   $17,000   $19,000

Average amount outstanding during the year
   Repurchase agreements                           $11,668   $12,653   $15,791
   Short-term FHLB advances                        $22,775   $16,500   $12,006

Weighted average interest rate
   Repurchase agreements                              1.99%     0.86%     0.71%
   Short-term FHLB advances                           3.22%     1.96%     1.93%
</TABLE>


                                       23
<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(9) FHLB ADVANCES

In June of 2001, the Corporation started to borrow long-term advances from the
FHLB to fund fixed rate instruments and to attempt to minimize the interest rate
risk associated with certain fixed rate commercial mortgage loans and investment
securities. The advances are collateralized by mortgage loans under a blanket
collateral agreement totaling approximately $65.8 million and $61.6 million at
December 31, 2005 and 2004, respectively. The advances are also secured by
specific investment securities with an amortized cost of $32.8 million and $21.1
million and fair market values of $32.3 million and $21.1 million at December
31, 2005 and 2004, respectively. All advances with the exception of variable
rate advances representing $13.7 million at December 31, 2005, all of which are
short-term, have prepayment penalties. All advances have final maturities
without callable provisions.

FHLB advances outstanding were as follows:

<TABLE>
<CAPTION>
                                December 31, 2005            December 31, 2004
                           --------------------------   --------------------------
                            Ending     Average rate      Ending     Average rate
                           Balance   at end of period   Balance   at end of period
                           -------   ----------------   -------   ----------------
                                           (Dollars in thousands)
<S>                        <C>       <C>                <C>       <C>
Short-term FHLB advances   $26,700         3.60%        $17,000         2.23%
Long-term FHLB advances     59,845         4.38%         46,360         3.90%
                           -------         ----         -------         ----
                           $86,545         4.14%        $63,360         3.45%
</TABLE>

Long-term advances were comprised of 26 advances with maturities ranging from
February 2007 to December 2012.

The principal maturities of long-term advances outstanding at December 31, 2005
are as follows:

<TABLE>
                           (In thousands)
<S>                        <C>
Year ending December 31,
2007                           $11,000
2008                            11,845
2009                             7,000
2010                            12,000
Subsequent years                18,000
                               -------
Total                          $59,845
                               =======
</TABLE>


                                       24

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(10) ESOP NOTE PAYABLE

In 1999, the ESOP entered into a 10 year note payable with an outside financial
institution as a part of the Bank's employee stock ownership plan ("ESOP"). The
contractual repayment terms of the note include a variable rate payable, due in
monthly installments to 2009, however dividends paid by the Corporation on
unearned shares of common stock held by the ESOP can and have been used to repay
the note, resulting in expected maturity of the note in 2008. In addition, the
note is floating at prime rate which was 7.25% at December 31, 2005. The
Corporation has guaranteed the loan, with the ESOP stock pledged as collateral.
In addition, the Bank has issued a letter of credit supporting the note payable.
Since ESOP debt is guaranteed by the Corporation, it is reflected on the
consolidated balance sheet as a liability with a related amount shown as a
reduction in the stockholders' equity. Dividends paid by the Corporation on
unallocated shares of common stock held by the ESOP can be used to repay the
loan used to purchase the Corporation's common stock at the discretion of the
plan administrator. In 2005, $7,000 was paid from accumulated dividends on
unallocated shares on the ESOP note payable in addition to the scheduled loan
payments.

As of December 31, 2005, scheduled maturities of the ESOP note payable are as
follows:

<TABLE>
       (In thousands)
<S>    <C>
2006        $ 50
2007          50
2008          48
            ----
            $148
            ====
</TABLE>


                                       25

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(11) SUBORDINATED DEBENTURES

Community Central Capital Trust I, a business trust subsidiary of the
Corporation, sold 10,000 Cumulative Preferred Securities ("trust preferred
securities") at $1,000.00 per trust preferred security in June 2002. The
proceeds from the sale of the trust preferred securities were used by the trust
to purchase an equivalent amount of subordinated debentures from the
Corporation. The trust preferred securities carry a variable rate of interest at
the three month libor plus 365 basis points, have a stated maturity of 30 years,
and, in effect, are guaranteed by the Corporation. The securities are redeemable
at par after 5 years. Distributions on the trust preferred securities are
payable quarterly on March 30, June 30, September 30 and December 30. The first
distribution was paid on September 30, 2002. Under certain circumstances,
distributions may be deferred for up to 20 calendar quarters. However, during
any such deferrals, interest accrues on any unpaid distributions at the rate of
the three month libor plus 365 basis points. The trust preferred securities are
carried on the Corporation's consolidated balance sheet as a liability and the
interest expense is recorded on the Corporation's consolidated statement of
income. The Coporation owns common shares totaling $310,000 in Community Central
Capital Trust 1 which are recorded in other assets of the consolidated balance
sheet of the Corporation.

The subordinated debentures qualify for up to 25% of Tier I Capital. Any amount
in excess of this limit may be included in Tier 2 Capital. At December 31, 2005,
the total amount of subordinated debentures was included in the Corporation's
Tier 1 Capital.

(12) STOCKHOLDERS' EQUITY

The Corporation and the Bank are subject to various regulatory capital
requirements administered by Federal banking agencies. Failure to meet these
requirements can initiate certain mandatory (and possible additional
discretionary) actions by regulators. These actions, if undertaken, could have a
material effect on the Corporation's financial position. Under capital adequacy
guidelines, the Corporation and the Bank must meet specific capital requirements
that involve quantitative measures of assets, liabilities, and certain
off-balance sheet items. Capital amounts are also subject to qualitative
judgments by the regulators about individual components, risk-weightings, and
other factors.

Quantitative measures established by regulation require the Corporation and the
Bank to maintain minimum amounts and ratios of Tier I capital and total capital
(as defined in the regulations) to risk-weighted assets. The Corporation and the
Bank are also subject to a minimum Tier I leverage ratio expressed as a
percentage of quarterly average assets (as defined). The Corporation is further
subject to leverage ratios consisting of primary capital and total capital as a
percentage of assets at period end. Management believes, as of December 31,
2005, that the Corporation and the Bank meet all capital adequacy requirements
to which they are subject and is considered "Well Capitalized".

On April 19, 2005, Community Central Bank Corporation declared a 5% stock
dividend, payable on June 1, 2005 to stockholders of record on May 2, 2005. The
outstanding numbers of shares, earnings per share, exercise price data and
common stock price data have been adjusted to reflect this dividend. Retained
earnings, common stock and additional paid-in-capital were adjusted to reflect
the stock dividend as indicated in the Consolidated Statement of Changes in
Stockholders' Equity.


                                       26

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

The following table shows the Corporation's and the Bank's actual capital
amounts and ratios as of December 31, as well as certain minimum requirements:

<TABLE>
<CAPTION>
                                               2005              2004          Minimum Ratio            Ratio
                                         ---------------   ---------------      for Capital             to be
                                         Capital   Ratio   Capital   Ratio   Adequacy Purposes   "Well Capitalized"
                                         -------   -----   -------   -----   -----------------   ------------------
                                                   (In thousands)
<S>                                      <C>       <C>     <C>       <C>     <C>                 <C>
Tier I capital to risk-weighted assets
   Consolidated                          $44,649   12.77%  $33,068   10.90%          4%                  NA
   Bank only                              41,691   11.95%   32,972   10.89%          4%                   6%

Total capital to risk-weighted assets
   Consolidated                           48,229   13.79%   38,177   12.58%          8%                  NA
   Bank only                              46,271   12.98%   36,349   12.00%          8%                  10%

Tier I capital to average assets
   Consolidated                           44,649    9.94%   33,068    8.47%          4%                  NA
   Bank only                              41,691    9.30%   32,972    8.47%          4%                   5%
</TABLE>


                                       27

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(13) BENEFIT PLANS

DEFINED CONTRIBUTION PLAN - The Corporation has a 401(k) defined contribution
savings plan for employees. Employer contributions are discretionary and are
determined annually by the Board of Directors. Employer contributions of
$72,000, $72,000 and $78,000 were paid or accrued for the periods ended December
31, 2005, 2004 and 2003.

EMPLOYEE STOCK OWNERSHIP PLAN - During the second quarter of 1999, the Bank
established an employee stock ownership plan ("ESOP") for the benefit of
eligible employees. As of December 31, 2005, the plan had a total of 69,884
shares of the Corporation's stock. This represented both committed-to-be
released shares and unearned shares. Under the plan, the shares of stock
committed-to-be released into all participants' accounts are directly
proportional to the ratio of the principal reductions to the total original
principal amount. Dividends paid by the Corporation on common stock held by the
ESOP, as committed-to-be released, are allocated proportionately to the number
of shares of each participant. Dividends paid by the Corporation on unearned
shares of common stock held by the ESOP can be used to repay the loan or used to
purchase the Corporation's common stock at the discretion of the plan
administrator. Under Statement of Position 93-6, "Employer's Accounting for
Employee Stock Ownership Plans", the compensation expense recognized was based
on the fair value of the committed-to-be released shares which was $50,000 for
2005. As of December 31, 2005, 47,235 shares were committed-to-be released, with
22,648 remaining unearned. The value of unearned shares as of December 31, 2005,
was $300,000.

The ESOP borrowed $500,000 from a bank to purchase shares of the Corporation
stock (see Note 10). The ESOP intends to repay the loan (plus interest) using
Bank contributions.

Information regarding the ESOP transactions for the years ended December 31 is
as follows:

<TABLE>
<CAPTION>
                                            2005   2004   2003
                                            ----   ----   ----
                                              (In thousands)
<S>                                         <C>    <C>    <C>
Amounts paid by ESOP for:
   Debt repayment *                          $57    $66    $50
   Interest                                  $11    $10    $13
   Other                                     $11    $12    $15
Amounts received from the Corporation as:
   Contributions                             $72    $72    $78
</TABLE>

*    Includes debt repayment in 2005 and 2004 from cash contained in ESOP from
     accumulated dividends.


                                       28

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN - Effective April 30, 2003, the
Corporation began sponsoring a non-qualifying defined benefit plan to provide
supplemental retirement benefits for three key executives. The minimum benefit
upon retirement for each participant is $75,000 and the maximum benefit is 50%
of the average of the three highest years of compensation. Effective August
2005, the Corporation added two additional officers to the plan. The benefit
payable upon retirement for these two additional executives is $50,000. The
following table sets forth the plan activity and other information as of and for
the year ended December 31, 2005.

<TABLE>
<CAPTION>
                                              2005
                                         --------------
                                         (In thousands)
<S>                                      <C>
Plan assets at fair value                    $  --
Benefit obligation                             731
                                             -----
Overfunded (underfunded) status              ($731)
                                             =====
Pension liability
                                             -----
Net pension costs                            $ 346
                                             -----
Change in minimum liability                  $ 346
                                             =====
Actuarial comparisons:
Weighted average discount rate                6.00%
Increase in future compensation levels        5.00%
</TABLE>

To fund the supplemental retirement benefit obligation, the Corporation has
purchased insurance policies on the lives of the participants with the
Corporation as the owner and beneficiary of the policies. At December 31, 2005,
the cash surrender value of all bank owned life insurance policies on the
participants amounted to $9.8 million. There were no supplemental retirement
benefits paid by the plan during 2005.

STOCK OPTION PLANS - The Corporation has four stock-based compensation plans
currently in existence: the 1996 Employee Stock Option Plan; the 1999 Stock
Option Plan for Directors; the 2000 Employee Stock Option Plan; and the 2002
Incentive Plan. Under the 1996 and 2000 Employee Stock Option Plans ("Employee
Plans"), the Corporation is authorized to grant options to key employees for up
to 58,564 and 66,000 shares of common stock, respectively. No options are
presently available for grant under the 1996 Employee Stock Option Plan and 494
shares are available for grant under the 2000 Employee Stock Option Plan. Under
the 1999 Stock Option Plan for Directors, the Corporation is authorized to grant
up to 40,400 shares. As of December 31, 2005, no further shares are available
for grant. Under the 2002 Incentive Plan, as amended in 2004, up to 44,100
shares are available for directors and 209,475 for employees. In 2005, 60,500
stock options were granted to employees with terms of 10 years under the 2002
Incentive Plan. As part of the annual stock award provision of the 2002
Incentive Plan, 300 shares of common stock were awarded to each Director for a
total of 3,300 shares. At December 31, 2005, 31,170 shares were available to
employees and 30,681 shares to directors. The shares awarded were recorded as
director and employee compensation expense, respectively. Under all plans, the
exercise price of each option equals the market price of the Corporation's
common stock at the date of grant.


                                       29
<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

The Corporation has estimated the fair value of the options issued in 2005
ranging from $4.32 to $5.88 per share (weighted average $4.66 per share).
Options issued in 2004 and 2003 had an estimated fair value of $4.44 and $2.29
per share, respectively. The Corporation estimated the fair value of options
using the Black-Scholes option pricing model. The Corporation issued incentive
options for 60,500 shares during 2005. If the Corporation had used the fair
value method of accounting and recognized compensation costs for the plans based
on the fair value of awards at the grant date, net income and earnings per share
on a pro forma basis would have been as follows:

<TABLE>
<CAPTION>
                                                  Year Ended December 31,
                                           -------------------------------------
                                                  2005     2004     2003
                                                 ------   ------   -------
                                           (In thousands, except per share data)
<S>                                        <C>            <C>      <C>
   Net income, as reported                       $3,073   $2,207   $2,105
   Deduct: Total stock-based employee
      and director compensation expense
      under fair value based methods of
      awards, net of related tax effects           (377)    (198)    (128)
                                                 ------   ------   ------
   Pro forma net income                          $2,696   $2,009   $1,977
                                                 ======   ======   ======

Earnings per share
      Basic - as reported                        $ 0.89   $ 0.74   $ 0.72
      Basic - pro forma                          $ 0.78   $ 0.68   $ 0.67
      Diluted - as reported                      $ 0.86   $ 0.73   $ 0.70
      Diluted - pro forma                        $ 0.76   $ 0.66   $ 0.66
</TABLE>

Earnings per share have been retroactively adjusted to reflect the issuance of
stock dividends.

The fair value of each option grant is estimated on the date of the grant using
the Black-Scholes option-pricing model with the following weighted average
assumptions.

<TABLE>
<CAPTION>
                                            Year Ended December 31,
                                       ----------------------------------
                                         2005       2004         2003
                                       --------   --------   ------------
<S>                                    <C>        <C>        <C>
Dividend yield or expected dividends      1.49%      1.51%          1.81%
Riskfree interest rate                    4.50%      4.20%          4.30%
Expected life                          10 yrs.    10 yrs.    7 - 10 yrs.
Expected volatility                      22.66%     24.65%          9.60%
</TABLE>


                                       30

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Following is a summary of the stock option activity for the periods indicated
and the stock options outstanding at the end of such periods:

<TABLE>
<CAPTION>
                                                                  Year Ended December 31,
                                   ------------------------------------------------------------------------------------
                                              2005                         2004                         2003
                                   --------------------------   --------------------------   --------------------------
                                                  Weighted                     Weighted                     Weighted
                                   Number of      Average       Number of       Average      Number of      Average
                                     Shares    Exercise Price     Shares    Exercise Price     Shares    Exercise Price
                                   ---------   --------------   ---------   --------------   ---------   --------------
<S>                                <C>         <C>              <C>         <C>              <C>         <C>
Outstanding, beginning of period    239,396        $ 8.33        192,509        $ 7.29        233,191        $ 6.47
Granted                              60,500         13.49         49,875         12.30         39,800         10.46
Exercised                           (10,541)         7.26         (2,988)         7.72        (78,829)         6.50
Forfeited                            (2,521)        10.45             --            --         (1,653)         5.44
                                    -------        ------        -------        ------        -------        ------
Outstanding, end of year            286,834        $ 9.44        239,396        $ 8.33        192,509        $ 7.29
                                    =======        ======        =======        ======        =======        ======
</TABLE>

The following table shows summary information about stock options outstanding at
December 31, 2005:

<TABLE>
<CAPTION>
                    Stock Options Outstanding                         Stock Options Exercisable
-----------------------------------------------------------------   ----------------------------
                              Weighted Average                                      Weighted
    Range of        Number        Remaining      Weighted Average   Number of   Average Exercise
Exercise Prices   of Shares   Contractual Life    Exercise Price      Shares         Price
---------------   ---------   ----------------   ----------------   ---------   ----------------
<S>               <C>         <C>                <C>                <C>         <C>
    $ 7.83          15,766        0.3 years           $ 7.83          15,766         $ 7.83
      6.50           4,100        0.8 years             6.50           4,100           6.50
      4.74           4,112        4.0 years             4.74           4,112           4.74
      9.33           1,213        4.3 years             9.33           1,213           9.33
      4.99          13,954        4.8 years             4.99          13,954           4.99
  5.20 - 5.49       55,125        5.4 years             5.33          55,125           5.33
      7.71          46,856        6.4 years             7.71          46,856           7.71
      9.13           5,513        7.5 years             9.13           3,676           9.13
     10.83          30,870        7.9 years            10.83          30,870          10.83
12.30 - 12.96       48,825        8.9 years            12.30          44,625          12.31
     14.50          13,250        9.6 years            14.50          13,250          14.50
     13.21          47,250        9.9 years            13.21          47,250          13.21
                   -------                            ------         -------         ------
                   286,834                            $ 9.44         280,797         $ 9.40
                   =======                            ======         =======         ======
</TABLE>

All share number and exercise price data have been adjusted to reflect the
issuance of stock dividends.


                                       31

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(14) LEASES

Operating expense includes rentals on a leased facility and certain equipment in
the amount of $380,000, $484,000 and $421,000 for 2005, 2004 and 2003,
respectively. Following is a schedule of future minimum rental payments required
under operating leases that have remaining lease terms in excess of one year as
of December 31, 2005:

<TABLE>
                                (In thousands)
<S>                             <C>
Year ending December 31,
2006                                $  226
2007                                   173
2008                                   159
2009                                   138
2010                                   109
Subsequent years                       541
                                    ------
Total minimum rental payments       $1,346
                                    ======
</TABLE>

(15) OTHER OPERATING EXPENSE

The following is a summary of significant components of other operating expense
for the periods indicated:

<TABLE>
<CAPTION>
                                         Year Ended December 31,
                                        ------------------------
                                         2005     2004     2003
                                        ------   ------   ------
                                             (In thousands)
<S>                                     <C>      <C>      <C>
Advertising, business development and
   public relations                     $  672   $  742   $  867
Data processing                            479      441      601
Professional and regulatory fees           438      308      463
Legal fees                                 439      554      283
Director fees                              302      317      291
Credit card processing                      42       34       32
Printing and supplies                      173      171      203
Telephone                                  152      187      195
Loan closing                                89      198      120
Other insurance                            121      149      100
Deposit insurance                           35       50       43
Single business tax                         97      133      168
Other                                      769      674      530
                                        ------   ------   ------
   Total other operating expense        $3,808   $3,958   $3,896
                                        ======   ======   ======
</TABLE>


                                       32
<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(16) TAXES ON INCOME

The Corporation and the Bank file a consolidated federal income tax return.
Deferred income taxes are provided for the temporary differences between the
financial reporting basis and the tax basis of the Corporation's assets and
liabilities. The income tax expense for the years ended December 31 consists of
the following:

<TABLE>
<CAPTION>
                              2005    2004   2003
                             ------   ----   ----
                                (In thousands)
<S>                          <C>      <C>    <C>
Current expense              $1,352   $527   $840
Deferred (benefit) expense     (173)   255     --
                             ------   ----   ----
Total income expense         $1,179   $782   $840
                             ======   ====   ====
</TABLE>

The temporary differences and carryforwards which comprise deferred tax assets
and liabilities at December 31 are as follows:

<TABLE>
<CAPTION>
                                                           2005     2004
                                                          ------   ------
                                                           (In thousands)
<S>                                                       <C>      <C>
Deferred tax assets
   Provision for loan losses                              $  919   $  930
   Depreciation                                              206      148
   SERP Expense                                              249      141
   Other                                                      57       73
   Unrealized net loss on securities available for sale      381       46
   Deferred loan costs                                        87       42
                                                          ------   ------
                                                           1,899    1,380
   Valuation allowance for deferred tax assets                         --
Deferred tax liabilities
   Mortgage subsidiary accumulated timing differences       (166)    (212)
   Original issue discount                                  (105)    (105)
   Accretion                                                 (12)      (2)
   FHLB dividends                                           (106)     (82)
   Other                                                     (56)     (33)
                                                          ------   ------
                                                            (445)    (434)
                                                          ------   ------
Net deferred tax asset                                    $1,454   $  946
                                                          ======   ======
</TABLE>


                                       33

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

The Corporation's effective tax rates differ from the statutory federal tax
rates. The following is a summary of such differences:

<TABLE>
<CAPTION>
                                                  Year Ended December 31,
                                                 ------------------------
                                                  2005     2004     2003
                                                 ------   ------   ------
                                                      (In thousands)
<S>                                              <C>      <C>      <C>
Provision at statutory federal income tax rate   $1,446   $1,016   $1,001
Nondeductible expenditures                           47       35       46
Tax exempt municipal interest                      (212)    (168)    (136)
Increase in cash surrender value of bank owned
   life insurance                                  (102)    (101)     (76)
Other, net                                           --       --        5
                                                  -----   ------   ------
Provision at effective federal income tax rate   $1,179   $  782   $  840
                                                  =====   ======   ======
</TABLE>


                                       34

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(17) ESTIMATED FAIR VALUE OF FINANCIAL INSTRUMENTS

Fair values are based on quoted market prices for similar instruments or
estimated using discounted cash flow analysis. The discount rates used are
estimated using comparable market rates for similar types of instruments
adjusted to be commensurate with the credit risk, overhead costs and optionality
of such instruments. Considerable judgment is inherently required to interpret
market data to develop the estimates of fair value. Accordingly, the estimates
presented below do not necessarily represent amounts that the Corporation could
realize in a current market exchange. The following methods and assumptions were
used to estimate the fair value of financial instruments:

CASH AND CASH EQUIVALENTS: For these short term instruments, the carrying amount
is a reasonable estimate of fair value.

SECURITIES, FEDERAL HOME LOAN BANK STOCK: For marketable debt securities,
estimated fair value is based on quoted market prices or dealer quotes. The
carrying value of FHLB stock approximate fair value based on their redemption
provisions.

LOANS: For variable rate loans with no significant change in credit risk since
loan origination, the carrying amount is a reasonable estimate of fair value.
For all other loans, including fixed rate loans, the fair value is estimated
using a discounted cash flow analysis, using interest rates currently offered on
similar loans to borrowers with similar credit ratings and for the same
remaining maturities. The resulting value is reduced by an estimate of losses
inherent in the portfolio.

RESIDENTIAL MORTGAGES HELD FOR SALE: The estimated fair value of residential
mortgages held for sale is the carrying amount. The duration of the portfolio is
typically within two weeks or less and a commitment of sale has already occurred
when the loans are funded.

DEPOSITS: The estimated fair value of demand deposits, certain money market
deposits, and savings deposits is the amount payable on demand at the reporting
date. The fair value of fixed maturity time deposits is estimated using the
rates currently offered for deposits of similar remaining maturities.

FEDERAL HOME LOAN BANK ADVANCES: The estimated fair value of Federal Home Loan
Bank advances is estimated using rates currently offered for funding sources of
similar remaining maturities.

REPURCHASE AGREEMENTS: The estimated fair value of short term borrowings is the
carrying amount, since they mature the next day.

ACCRUED INTEREST: Accrued interest receivable and payable are short term in
nature; therefore, their carrying amount approximates fair value.

ESOP NOTE PAYABLE: The ESOP note payable floats at prime rate; therefore, its
carrying amount approximates fair value.

SUBORDINATED DEBENTURES: Subordinated debentures are based on current rates for
similar financing.

COMMITMENTS: The fair value of commitments is estimated using the fees currently
charged to enter into similar arrangements, taking into account the remaining
terms of the agreements and the present creditworthiness of the counterparties.
The majority of commitments to extend credit and letters of credit would result
in loans with a market rate of interest if funded. The fair value of these
commitments is not material.


                                       35

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

The recorded carrying amounts and estimated fair values of the Corporation's
financial instruments at December 31 are as follows:

<TABLE>
<CAPTION>
                                                  2005                    2004
                                         ---------------------   ---------------------
                                         Carrying    Estimated   Carrying    Estimated
                                          Amount    Fair Value    Amount    Fair Value
                                         --------   ----------   --------   ----------
                                                         (In thousands)
<S>                                      <C>        <C>          <C>        <C>
Financial Assets
   Cash and cash equivalents             $ 11,000    $ 11,000    $  7,183    $  7,183
   Securities                              85,271      85,262      52,586      52,592
   FHLB stock                               4,331       4,331       3,246       3,246
   Residential mortgages held for sale      4,286       4,286       6,491       6,491
   Loans, net of allowance                331,371     334,530     302,062     305,703
   Accrued interest receivable              2,122       2,122       1,391       1,391

Financial Liabilities
   Demand and savings deposits             85,978      85,978      93,065      93,065
   Time deposits                          228,395     227,321     185,791     185,368
   Repurchase agreements                   13,184      13,184      11,492      11,492
   Federal Home Loan Bank advances         86,545      85,161      63,360      63,729
   Accrued interest payable                   938         938         780         780
   ESOP note payable                          148         148         205         205
   Subordinated debentures                 10,310      10,619      10,310      10,310
</TABLE>


                                       36

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(18) OFF-BALANCE SHEET RISK

The Corporation is party to financial instruments with off-balance sheet risk in
the normal course of business, to meet financing needs of its customers and to
reduce its own exposure to fluctuations in interest rates. These financial
instruments include commitments to extend credit and financial guarantees. These
instruments involve, to varying degrees, elements of credit and interest rate
risk that are not recognized in the balance sheet.

Commitments to extend credit are agreements to lend to a customer as long as
there are no violations of any conditions established in the contract.
Commitments generally have fixed expiration dates or other termination clauses
and may require payment of a fee. Fees from issuing these commitments to extend
credit are recognized over the period to maturity. Since a portion of the
commitments is expected to expire without being drawn upon, the total
commitments do not necessarily represent future cash requirements. The
Corporation evaluates each customer's creditworthiness on a case by case basis.
The amount of collateral obtained upon extension of credit is based on
management's credit evaluation of customers. The Corporation also has legally
binding commitments to extend credit in the form of loans that have been
approved but not yet closed. These funds are normally disbursed unless the
customer fails to comply with closing requirements.

Standby letters of credit are issued in connection with agreements between
customers and a third party. If the customer fails to comply with the agreement,
the counterparty may enforce the standby letter of credit as a remedy. Credit
risk arises from the possibility that the customer may not be able to repay the
Corporation after the letter of credit is enforced.

A summary of commitments not recorded on the balance sheet at December 31 is as
follows:

<TABLE>
<CAPTION>
                                                   2005      2004
                                                 -------   -------
                                                   (In thousands)
<S>                                              <C>       <C>
Unused home equity lines of credit               $ 7,977   $ 6,427
Unused credit card lines                           3,238     1,790
Unused portion of construction lines of credit    22,310    20,368
Unused portion of all other credit lines          44,349    43,747
Standby letters of credit                            290       290
                                                 -------   -------
Total outstanding commitments                    $78,164   $72,622
                                                 =======   =======
</TABLE>

(19) RESTRICTIONS ON DIVIDENDS, LOANS AND ADVANCES

Banking regulations place certain restrictions on dividends paid and loans or
advances made by the Bank to the Corporation. The total amount of dividends
which may be paid at any date is generally limited to the retained earnings of
the Bank. However, dividends paid by the Bank would be prohibited if the effect
thereof would cause the Bank's capital to be reduced below applicable minimum
standards. At December 31, 2005, the Bank's retained earnings available for the
payment of dividends totaled $10.3 million. Accordingly, $32.2 million of the
Corporation's investment in the Bank was restricted at December 31, 2005. Loans
and advances made by the Bank to the Corporation are generally limited to 10
percent of the Bank's stock and surplus. Accordingly, at December 31, 2005, Bank
funds available for loans or advances to the Corporation amounted to $3.2
million.


                                       37
<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(20) PARENT-ONLY FINANCIAL STATEMENTS

The following condensed financial information presents the financial condition
of Community Central Bank Corporation, the Parent Holding Company, (the
"Parent") only, along with the results of its operations and its cash flow. The
Parent has recorded its investment in the Bank and Community Central Capital
Trust I at cost, plus the undistributed surplus of the Bank since it was formed.
The Parent recognizes undistributed income of the Bank as noninterest income,
and undistributed losses as noninterest expense. The Parent-only financial
information should be read in conjunction with the Corporation's consolidated
financial statements.

PARENT-ONLY BALANCE SHEET

<TABLE>
<CAPTION>
                                                   December 31,
                                                -----------------
                                                  2005      2004
                                                -------   -------
                                                  (In thousands)
<S>                                             <C>       <C>
Assets
Cash                                            $ 2,493   $ 1,244
Investment in subsidiary                         42,574    33,762
Investment in unconsolidated subsidiary             310       310
Other assets                                        783       828
                                                -------   -------
   Total Assets                                 $46,160   $36,144
                                                =======   =======

Liabilities and Stockholders' Equity
Due to subsidiary                               $   318   $   243
Subordinated debentures                          10,310    10,310
                                                -------   -------
   Total Liabilities                             10,628    10,553

Common stock                                     31,154    20,774
Retained earnings                                 5,245     5,111
Unearned employee benefit                          (148)     (205)
Accumulated other comprehensive income             (719)      (89)
                                                -------   -------
   Total Stockholders' Equity                    35,532    25,591
                                                -------   -------
   Total Liabilities and Stockholders' Equity   $46,160   $36,144
                                                =======   =======
</TABLE>


                                       38

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

PARENT-ONLY STATEMENT OF OPERATIONS

<TABLE>
<CAPTION>
                                               Year Ended December 31,
                                              ------------------------
                                               2005     2004     2003
                                              ------   ------   ------
                                                   (In thousands)
<S>                                           <C>      <C>      <C>
Operating Income
   Interest income                            $   67   $   28   $   61
                                              ------   ------   ------
   Total Interest Income                          67       28       61
Dividend from subsidiary                       1,175      760      920
                                              ------   ------   ------
   Total Interest and Dividend Income          1,242      788      981
Interest Expense
   Subordinated debentures                       746      548      520
                                              ------   ------   ------
   Net interest (loss) income                    496      240      461
   Other expense                                 972      814      580
                                              ------   ------   ------
   Total Operating Expense                       972      814      580
                                              ------   ------   ------
   Loss Before Taxes and Undistributed
      Income of Subsidiary                      (476)    (574)    (119)
Income tax benefit                              (561)    (452)    (353)
                                              ------   ------   ------
   Loss (Income) Before Share in
      Undistributed Income of Subsidiary          85     (122)     234
Share of undistributed income of subsidiary    2,988    2,329    1,871
                                              ------   ------   ------
   Net Income                                 $3,073   $2,207   $2,105
                                              ======   ======   ======
</TABLE>


                                       39

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

PARENT-ONLY STATEMENT OF CASH FLOW

<TABLE>
<CAPTION>
                                                            Year Ended December 31,
                                                          ---------------------------
                                                            2005      2004      2003
                                                          -------   -------   -------
                                                                 (In thousands)
<S>                                                       <C>       <C>       <C>
Operating Activities
   Net income                                             $ 3,073   $ 2,207   $ 2,105
   Adjustments to reconcile net income to
      net cash flow from operating activities
      Undistributed income of subsidiary                   (2,988)   (2,329)   (1,871)
      Decrease (Increase) in other assets                      94      (218)     (111)
      Increase (decrease) increase in other liabilities        75       134       (37)
                                                          -------   -------   -------
   Net Cash (Used in) Provided by Operating Activities        254      (206)       86

Investing Activities
   Capital contribution to subsidiaries                    (3,134)   (1,036)     (162)
   Cash paid for River Place Financial Corporation           (512)       --        --
                                                          -------   -------   -------
   Net Cash Used in Investing Activities                   (3,646)   (1,036)     (162)

Financing Activities
   Stock options exercised/awards                             108        73       630
   Rights offering                                          5,275        --        --
   Cash dividend paid                                        (742)     (571)     (541)
   Repurchase of stock                                         --        --      (196)
                                                          -------   -------   -------
   Net Cash (Used in) Provided by Financing Activities      4,641      (498)     (107)
                                                          -------   -------   -------
(Decrease) Increase in Cash                                 1,249    (1,740)     (183)
Cash at the Beginning of the Period                         1,244     2,984     3,167
                                                          -------   -------   -------
Cash at the End of the Period                             $ 2,493   $ 1,244   $ 2,984
                                                          =======   =======   =======
</TABLE>


                                       40
<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

FORWARD LOOKING STATEMENTS

This report contains forward-looking statements throughout that are based on
management's beliefs, assumptions, current expectations, estimates and
projections about the financial services industry, the economy, and about the
Corporation and the Bank. Words such as anticipates, believes, estimates,
expects, forecasts, intends, is likely, plans, projects, variations of such
words and similar expressions are intended to identify such forward-looking
statements. These forward-looking statements are intended to be covered by the
safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.
These statements are not guarantees of future performance and involve certain
risks, uncertainties and assumptions that are difficult to predict with regard
to timing, extent, likelihood and degree of occurrence. Actual results and
outcomes may materially differ from what may be expressed or forecasted in the
forward-looking statements. The Corporation undertakes no obligation to update,
amend, or clarify forward looking statements, whether as a result of new
information, future events (whether aniticipated or unanticipated), or
otherwise.

Future factors that could cause actual results to differ materially from the
results anticipated or projected include, but are not limited to, the following:
expected cost savings and synergies from our acquisition activities might not be
realized within the expected time frames, and costs or difficulties related to
integration matters might be greater than expected; expenses associated with the
implementation of our trust and wealth management services might be greater than
expected, whether due to a possible need to hire more employees than anticipated
or other costs incurred in excess of budgeted amounts; the credit risks of
lending activities, including changes in the level and direction of loan
delinquencies and write-offs and changes in estimates of the adequacy of the
allowance for loan losses; competitive pressures among depository institutions;
interest rate movements and their impact on customer behavior and net interest
margin; the impact of repricing and competitor's pricing initiatives on loan and
deposit products; the ability to adapt successfully to technological changes to
meet customers' needs and development in the market place; our ability to access
cost-effective funding; changes in financial markets; changes in economic
conditions in general and particularly as related to the automotive and related
industries in the Detroit metropolitan area; new legislation or regulatory
changes, including but not limited to changes in federal and/or state tax laws
or interpretations thereof by taxing authorities; changes in accounting
principles, policies or guidelines; and our future acquisitions of other
depository institutions or lines of business.

EXECUTIVE SUMMARY

Community Central Bank Corporation is the holding company for Community Central
Bank (the "Bank") in Mount Clemens, Michigan. The Corporation opened for
business in October 1996 and serves businesses and consumers across Macomb,
Oakland, St. Clair and Wayne counties with a full range of lending, deposit and
Internet banking services. The Bank operates two full service facilities, one in
Mount Clemens and the other in Rochester Hills, Michigan. Community Central
Mortgage Company, LLC a subsidiary of the Corporation and Bank operates
locations servicing the Detroit metropolitan area, central and northwest
Indiana, and northern Illinois. The Corporation's common shares trade on The
NASDAQ National Market under the symbol "CCBD."

The results of operations depend largely on net interest income. Net interest
income is the difference in interest income the Corporation earns on
interest-earning assets, which comprise primarily commercial business,
commercial real estate and residential real estate loans and the interest the
Corporation pays on our interest-bearing liabilities, which are primarily
deposits and borrowings. Management strives to match the repricing
characteristics of the interest earning assets and interest bearing liabilities
to protect net interest income from changes in market interest rates and changes
in the shape of the yield curve.

The results of our operations may also be affected by local and general economic
conditions. The largest geographic segment of our customer base is in Macomb
County, Michigan. The economic base of the County continues to diversify from
the automotive service sector. This trend should lessen the impact on the County
of future economic downturns in the automotive sector of the economy. Macomb
County's proximity to major highways and affordable housing has continued to
spur economic growth in the area. Macomb County's outstanding debt had a credit
rating of AAA from Moody's Investor Service as of April 2004. Changes in the
local economy may affect the demand for commercial loans and related small to
medium business related products. This could have a significant impact on how
the Corporation deploys earning assets. The competitive environment among other
financial institutions and


                                       41

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

financial service providers and the Bank in the Macomb, Oakland, Wayne and St.
Clair counties of Michigan may affect the pricing levels of various deposit
products. The impact of competitive rates on deposit products may increase the
relative cost of funds for the Corporation and thus negatively impact net
interest income.

The Corporation continues to see competitive deposit rates offered from local
financial institutions within the geographic proximity of the Bank which could
have the effect of increasing the costs of funds to a level higher than
management projects. The Corporation continues to utilize wholesale forms of
funding earning assets through the FHLB and brokered certificates of deposit to
balance both interest rate risk and the overall cost of funds. Brokered and
internet certificates of deposit are based on a nationwide interest rate
structure, typically at what is considered to be a premium interest rate. The
local competition for certificates of deposit products has intensified and the
Bank has found this type of wholesale funding to often effectively compete with
the rates offered for similar term retail certificates of deposit products of
local community and regional banks.

Community Central Mortgage Company, LLC ("the Mortgage Company"), which is a
wholly owned mortgage-banking subsidiary of the Bank and the Corporation, has
felt the effect of the nationwide slowdown in residential mortgage volumes. The
Mortgage Company has scaled back both variable and fixed costs to better match
the reduced revenue generated because of this origination slowdown.

On February 14, 2005, Community Central Bank Corporation completed a
subscription rights offering. The Corporation received gross proceeds of
approximately $5.3 million from the offering and will use the proceeds to fund
its growth strategy, for working capital and for general corporate purposes.

On June 30, 2005, the Corporation completed its acquisition and merger with
River Place Financial Corp., a Michigan-chartered bank ("River Place"), pursuant
to which the Corporation acquired all of the outstanding equity interests of
River Place. River Place was a private bank wholly owned by the descendants of
Julius Stroh, founder of The Stroh Brewery Company. River Place was established
in 1983 to manage the private banking and trust needs of the Stroh family; and
trusts managed by its trust department owned and controlled Stroh Brewery until
its sale in 1999. The total cash paid to shareholders of River Place was
$512,000. The total shares of common stock of the Corporation exchanged for
common shares surrendered from River Place were 199,999. Total gross capital
generated from the transaction was $2.7 million. A total of $798,000 was
generated in intangible assets from the transaction representing $638,000 of
goodwill and $160,000 of an intangible asset associated with the customer
relationships, which will be amortized for approximately 7 years. The total
loans acquired through the transaction represented $682,000 at an estimated fair
market value. The remaining asset base of River Place Financial Corporation
recorded at estimated fair market values represented $2.3 million in short term
agency debentures and cash on hand and other assets of $359,000. The total
deposits assumed at the close of business on June 30, 2005 were $844,000. The
remaining liabilities including accruals and severance payables were $57,000. A
total of $75.0 million in off balance sheet trust assets under management were
also acquired as part of the transaction.

William A. Penner, CEO of River Place, became the President of the Bank's newly
created trust division. After retiring as First Vice President and Business
Manager of Estate Settlement in a 30-year career for Comerica Bank, Mr. Penner
took over as President of River Place in 1984. The trust division of the Bank
has full trust powers and is actively pursuing additional trust customers aside
from those relationships acquired as a result of the merger.


                                       42

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

SELECTED FINANCIAL INFORMATION

     The following table sets forth the Selected Consolidated Financial
Statements for the period reported.

Selected Financial Condition Data

<TABLE>
<CAPTION>
                                           For the Year Ended December 31,
                                ----------------------------------------------------
                                  2005       2004       2003       2002       2001
                                --------   --------   --------   --------   --------
<S>                             <C>        <C>        <C>        <C>        <C>
Total assets                    $462,012   $391,538   $357,876   $287,636   $235,036
Securities available for sale     84,177     51,425     57,135     57,200     44,328
Securities held to maturity        1,094      1,161        895      1,290      1,207
Gross loans                      334,951    305,439    270,828    204,049    154,211
Allowance for credit losses        3,580      3,377      3,573      3,377      2,930

Total deposits                   314,373    278,856    255,356    200,719    192,314
FHLB advances                     86,545     63,360     54,374     44,388     13,400
Repurchase agreements             13,184     11,492     12,836      8,006      6,739
Subordinated debentures           10,310     10,310     10,000     10,000         --
Total stockholders' equity        35,532     25,591     23,776     22,147     20,477
</TABLE>

Summary of Operations

<TABLE>
<CAPTION>
                                           For the Year Ended December 31,
                                   -----------------------------------------------
                                     2005      2004      2003      2002      2001
                                   -------   -------   -------   -------   -------
                                        (In thousands, except per share data)
<S>                                <C>       <C>       <C>       <C>       <C>
Interest income                    $24,230   $19,725   $16,420   $14,956   $15,534
Interest expense                    11,555     7,936     7,033     6,533     8,015
                                   -------   -------   -------   -------   -------
Net interest income                 12,675    11,789     9,387     8,423     7,519
Provision for credit losses            100     2,000       275       755       475
Non-interest income                  4,809     6,546     8,415     5,511     1,775
Non-interest expense                13,132    13,346    14,582    10,541     6,361
                                   -------   -------   -------   -------   -------
Income before taxes                  4,252     2,989     2,945     2,638     2,458
Provision for income tax expense     1,179       782       840       828       832
                                   -------   -------   -------   -------   -------
Net income                         $ 3,073   $ 2,207   $ 2,105   $ 1,810   $ 1,626
                                   =======   =======   =======   =======   =======
Per share data:*
Basic earnings                     $  0.89   $  0.74   $  0.72   $  0.63   $  0.56
Diluted earnings                   $  0.86   $  0.73   $  0.70   $  0.62   $  0.56
Dividend declared                  $  0.21   $  0.20   $  0.20   $  0.15   $    --
</TABLE>

*    Per share data has been retroactively adjusted to reflect the issuance of
     stock dividends.


                                       43
<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

Selected Financial Ratios

<TABLE>
<CAPTION>
                                           For the Year Ended December 31,
                                        ------------------------------------
                                         2005    2004    2003    2002   2001
                                        -----   -----   -----   -----   ----
<S>                                     <C>     <C>     <C>     <C>     <C>
Total nonperforming assets as a
   percentage of total assets            0.74%   0.37%   0.24%   0.41%  1.10%
Total nonperforming loans as a
   percentage of total loans             0.99%   0.25%   0.18%   0.41%  1.67%
Total allowance for credit losses
   as a percentage of total portfolio
   loans                                 1.07%   1.11%   1.32%   1.65%  1.90%
Return on average assets                 0.72%   0.57%   0.65%   0.70%  0.75%
Return on average equity                 9.43%   8.98%   9.20%   8.49%  8.23%
Net interest margin                      3.23%   3.31%   3.10%   3.43%  3.60%
Dividend payout ratio                   24.15%  25.87%  25.70%  22.15%    --
Average equity to average assets         7.61%   6.34%   7.06%   8.26%  9.06%
</TABLE>


                                       44

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

ASSETS

At December 31, 2005, the Corporation's total assets were $462.0 million, an
increase of $70.5 million, or 18.0% from December 31, 2004. The largest segment
of asset growth for the year ended occurred in the security portfolio and loan
portfolios, which increased $32.7 million and $29.5 million, respectively.

The largest portion of loan growth occurred in the commercial real estate
portfolio, which is consistent with the Corporation's commercial lending focus.
During the first quarter of 2005, some categories of loans within the commercial
and commercial real estate portfolio were reviewed to ensure proper reporting of
the underlying collateral and purpose of the loan. It was determined that
approximately $12 million of commercial and industrial loans should be
classified as commercial real estate loans based on the underlying collateral.
When both the commercial real estate loans and commercial and industrial loans
are combined, the net increase from December 31, 2004 is $20.8 million
representing the largest portion of total loan growth. Total growth in the
commercial real estate portfolio and commercial and industrial portfolios was
somewhat restricted by both payoffs and a highly competitive environment amongst
local competing financial institutions. The residential mortgage portfolio was
$74.6 million at December 31, 2005, an increase of $10.4 million, or 16.1%, for
2005. The majority of the residential mortgage loans are adjustable rate loans,
which represented $50.5 million of the total portfolio, or 67.7% at December 31,
2005. These residential mortgage loans the Corporation considers to be held for
investment in the residential portfolio comprise both banking relationships and
other attributes deemed to match with the Corporation's interest rate risk
profile. The home equity lines of credit ("HELOC") comprised $18.5 million at
December 31, 2005, which was a decrease of $319,000 from December 31, 2004. This
portfolio product is tied to Wall Street Journal prime interest rate. As
short-term market rates have increased during 2005, some customers have moved
balances out of the HELOC loan product into other fixed rate products with lower
overall interest rates. These loans are fully secured by real estate and are
generally originated with loan to values (including all prior liens) up to 95%
of the appraised value of the real estate. The consumer portfolio ended December
31, 2005 at $13.1 million, which was a decrease of $1.3 million, primarily from
pay downs in the portfolio. The largest portion of the consumer loan portfolio
comprises boat loans. The Corporation's geographic proximity to Lake St. Clair
and the lending experience in this area have been contributors to this segment
of the portfolio. In 2005, the Corporation offered less competitive interest
rates on boat loans to reduce potential credit exposure in the area. Management
believes that potential downturns in the local economy could adversely affect
borrower's ability to repay the outstanding loan, coupled with the potential
decrease in collateral value. This change contributed to the decline in the
overall consumer loan portfolio. At December 31, 2005 loans for boat loans
comprised approximately $11.0 million, or 84.0% of the consumer loan portfolio
and 3.3% of total loans. Credit card loans ended December 31, 2005 at $650,000,
which was almost unchanged from $658,000 at December 31, 2004. The Corporation
continues to book credit card loans as a customer accommodation and does not
actively market this product.

Mortgage loans held for sale totaled $4.3 million at December 31, 2005 compared
to $6.5 million at December 31, 2004. The mortgage loans were originated by the
Bank's mortgage subsidiary. The decrease in total mortgages held for sale at
December 31, 2005 compared to December 31, 2004 was due to a decrease in overall
mortgage origination activity. Loans closed generally remain in loans held for
sale for less than 30 days in duration. Loans are normally committed for sale
before funding takes place.

The total investment securities portfolio at December 31, 2005 was $85.3
million, which was comprised of $84.2 million in available for sale securities
and $1.1 million in held to maturity securities. The security portfolio
consisted of government agency and bank qualified tax-exempt municipal
securities. The total security portfolio increased $32.7 million from December
31, 2004. Excess funds were utilized to purchase securities as a result of
slower than planned growth in the loan portfolio.


                                       45

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

United States Government agency securities of $23.8 million, which are primarily
pledged against overnight repurchase agreements, increased $11.2 million from
December 31, 2004 to December 31 2005 from purchases to fully collateralize
outstanding pledging requirements of repurchase agreements during the year,
coupled with portfolio management. Total mortgage backed securities of $25.8
million increased $9.0 million in 2005, with most of the increase occurring in
investment products that offered defensive attributes by repricing upward in a
rising interest rate environment. Collateralized mortgage obligations of $10.7
million remained materially unchanged in total, representing less of an overall
investment portfolio percentage. The municipal security portfolio increased
$12.4 million to $24.1 million in 2005 as a result of the Corporation's
purchases of bank qualified tax-exempt municipal bonds, with substantially all
purchases having AAA ratings through an underlying or insured basis. At December
31, 2005, the available for sale portfolio had net unrealized losses of $1.1
million, or approximately 1.29% of the aggregate portfolio. At December 31,
2004, the net unrealized losses in the available for sale portfolio ended at
$135,000. Unrealized losses have not been recognized into income because of the
issuers' bonds are of high credit quality. The Corporation has the intent and
the ability to hold the securities for the foreseeable future and the decline in
the fair value during 2005 was primarily due to increased market interest rates.


                                       46

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

The allowance for credit losses as a percentage of total loans was 1.07% at
December 31, 2005 versus 1.11% at December 31, 2004.

Net loan charge offs compared to total average loans for the period ended
December 31, 2005 was (0.03%) which represented a net recovery position for the
Corporation, compared to 0.74% for the period ended December 31, 2004. Net loan
recoveries were $103,000 during 2005 compared to $2.2 million in net loan charge
offs in 2004. The largest portion of loan recoveries in 2005 was attributable to
a $1.0 million charge off on a commercial and industrial loan during the second
quarter of 2004. The reserve allocations contained in the allowance for credit
losses for the types of loans that had the largest change in allocation between
2004 and 2005 were commercial real estate loans, which increased $721,000,
commercial and industrial loans which decreased $1,079,000 and residential real
estate which increased $552,000. The overall allowance for credit losses
increased $203,000 in 2005 ending at $3.6 million. These changes in reserve
allocations between the types of loans were the result of changes in impairment
as defined under SFAS 114 and under SFAS 5. The Corporation performs a detailed
quarterly review of the allowance for credit losses. The Corporation evaluates
those loans classified substandard under its internal risk rating system, on an
individual basis for impairment under SFAS 114. The level of allocation of the
allowance is determined primarily on management's evaluation of collateral
value, less the cost of disposal, for the loans reviewed in this category. The
remainder of the loan portfolio is segmented into loan pools with similar risk
characteristics for evaluation under SFAS 5.

At December 31, 2005, nonperforming loans, which represents nonaccruing loans
and loans past due 90 days or more and still accruing interest, totaled $3.3
million compared to $775,000 at December 31, 2004, an increase of $2.5 million.
The primary increase in nonperforming loans was $2.1 million related to an
increase in two commercial relationships, a marina with collateral comprising
commercial real estate and marine craft, and a tool and die manufacturer, being
partially guaranteed by the Small Business Association and secured by commercial
real estate. Additionally, nonperforming loans increased due to a higher level
of delinquency in residential real estate loans over 90 days and still accruing
interest. At December 31, 2005, residential real estate loans delinquent more
than 90 days and still accruing interest was $621,000, compared to $100,000 at
December 31, 2004. For additional information on our nonperforming assets, see
nonperforming assets under Note 5 of the Notes to Consolidated Financial
Statements.

Loans are placed in nonaccrual status when, in the opinion of management,
uncertainty exists as to the ultimate collection of principal and interest. At
December 31, 2005, there was $2.7 million of loans placed in nonaccrual status.
Commercial loans are reported as being in nonaccrual status if: (a) they are
maintained on a cash basis because of deterioration in the financial position of
the borrower, (b) payment in full of interest or principal is not expected, or
(c) principal or interest has been in default for a period of 90 days or more.
If it can be documented that the loan obligation is both well secured and in the
process of collection, the loan may stay on accrual status. However, if the loan
is not brought current before 120 days past due, the loan is reported as
nonaccrual. A nonaccrual asset may be restored to accrual status when none of
its principal or interest is due and unpaid, when it otherwise becomes well
secured, or is in the process of collection.

Management evaluates the condition of the loan portfolio on a quarterly basis to
determine the adequacy of the allowance for credit losses. Management's
evaluation of the allowance is further based on consideration of actual loss
experience, the present and prospective financial condition of borrowers,
adequacy of collateral, industry concentrations within the portfolio, and
general economic conditions. Management believes that the present allowance is
adequate, based on the broad range of considerations listed above.

The primary risk element considered by management regarding each consumer and
residential real estate loan is lack of timely payment. Management has a
reporting system that monitors past due loans and has adopted policies to pursue
its creditor's rights in order to preserve the Bank's position. The primary risk
elements concerning commercial and industrial loans and commercial real estate
loans are the financial condition of the borrower, the sufficiency of
collateral, and lack of timely payment. Management has a policy of requesting
and reviewing annual financial statements from its commercial loan customers and
periodically reviews existence of collateral and its value.


                                       47

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

At December 31, 2005, loans totaling $9,463,000 were not referenced in Note 5 of
the Notes to Consolidated Financial Statements where the known information about
possible credit problems of borrowers caused management to have serious doubts
as to the ability of the borrowers to fully comply with present loan repayment
terms and which may result in disclosure of such loans in the future.

Although management believes that the allowance for credit losses is adequate to
absorb losses as they arise, there can be no assurance that the Bank will not
sustain losses in any given period that could be substantial in relation to the
size of the allowance for credit losses. It must be understood that inherent
risks and uncertainties related to the operation of a financial institution
require management to depend on estimates, appraisals and evaluations of loans
to prepare the Corporation's financial statements. Changes in economic
conditions and the financial prospects of borrowers may result in changes to the
estimates, appraisals and evaluations used. In addition, if circumstances and
losses differ substantially from management's assumptions and estimates, the
allowance for loan losses may not be sufficient to absorb all future losses and
net income could be significantly impacted.


                                       48

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

LIABILITIES

During the year ended December 31, 2005, total deposits increased $35.5 million
to $314.4 million. The increase in deposits was attributable to increases in
time deposits $100,000 and over and interest bearing checking ("NOW") accounts.
Time deposits $100,000 and over increased $48.1 million during 2005. The largest
contributor to the increase was due to brokered certificates of deposits, which
increased $38.0 million representing the entire increase in total deposits for
the year to $99.0 million at December 31, 2005. NOW accounts increased $9.2
million in 2005. In 2005, the Corporation marketed a premium interest bearing
checking account for individuals paying a higher interest rate than other
interest bearing checking and savings accounts, but requiring a higher collected
average balance. Decreases in other deposit categories may have been related to
the movement of funds into this premium rate product. Deposit categories that
decreased during 2005 were money market accounts, savings accounts and time
deposits under $100,000. These deposit accounts decreased $8.5 million, $7.7
million and $5.5 million during 2005. The decreases in these types of deposits
may have also been due in part to the competitive rate environment, whereby the
Corporation decided in some cases not to raise the interest rate on the deposit
product at the same frequency or level to match or exceed interest rates given
by local financial institutions. Noninterest bearing demand accounts, which is
primarily comprised of corporate checking accounts, remained flat with a small
decrease of $101,000 for 2005. The Corporation continues to utilize wholesale
forms of funding earning assets through the Federal Home Loan Bank ("FHLB") and
brokered certificates of deposit to balance both interest rate risk and the
overall cost of funds. Brokered and internet certificates of deposit are based
on a nationwide interest rate structure, typically at what is considered to be
premium interest rate. The local competition for certificates of deposit
products has intensified and the Bank has found this type of wholesale funding
to often effectively compete with the rates offered for similar term retail
certificates of deposit products of local community and regional banks.

<TABLE>
<CAPTION>
                                           December 31, 2005       December 31, 2004
                                         ---------------------   ---------------------
                                          Balance   Percentage    Balance   Percentage
                                         --------   ----------   --------   ----------
                                                 (in thousands, except percent)
<S>                                      <C>        <C>          <C>        <C>
Noninterest bearing demand               $ 31,979      10.2%     $ 32,080      11.5%
NOW accounts-interest bearing checking     21,767       6.9%       12,575       4.5%
Money Market                               19,400       6.2%       27,871      10.0%
Savings                                    12,832       4.1%       20,539       7.4%
Time deposits under $100,000               54,853      17.4%       60,375      21.6%
Time deposits $100,000 and over           173,542      55.2%      125,416      45.0%
                                         --------     -----      --------     -----
Total deposits                           $314,373     100.0%     $278,856     100.0%
                                         ========     =====      ========     =====
</TABLE>

The short-term borrowings increased $11.4 million to $39.9 million at December
31, 2005 from December 31, 2004, due to a increase in short term repurchase
agreements of $1.7 million and a increase of $9.7 million in short term FHLB
advances. Repurchase agreements are based on the seasonal needs for funds to the
commercial and municipal customers who utilize the program and may vary in total
size dependent upon the customer's needs. The weighted average interest rate on
the ending balance of the short-term borrowings for December 31, 2005 and
December 31, 2004, was 3.24% and 1.73%, respectively.

In June 2001, the Corporation started to borrow long-term advances from the FHLB
to fund fixed rate investments, as part of its efforts to manage the interest
rate risk associated with certain fixed rate commercial mortgage loans and
investment securities. These advances are secured under a blanket security
agreement by first mortgage loans and the pledging of certain securities. The
total FHLB advances were comprised of $26.7 million in short term advances with
a weighted average rate of 3.60% and long term advances of $59.8 million with a
weighted average rate of 4.38%. The aggregate weighted rate of the entire FHLB
advance portfolio was 4.14% with a weighted average remaining maturity of 3.3
years as of December 31, 2005. Long-term advances comprised thirty-two advances
maturing from June 2007 to September 2015.


                                       49

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

STOCKHOLDERS' EQUITY

Stockholders' equity was $35.5 million as of December 31, 2005. This was an
increase of $9.9 million for the year ended December 31, 2005. The change in
total stockholders' equity was primarily attributable to a rights offering of
common stock in February 2005 and the acquisition and merger of River Place
Financial Corporation in June 2005. These transactions added $5.3 million and
$2.7 million in equity, respectively. Net income for 2005 of $3.1 million was
another component of growth in equity and was partially offset by cash dividends
declared in 2005 of $742,000. Stock options exercised and stock awards added
$108,000 to equity in 2005. The change in other comprehensive income of $630,000
was due to the net change in after tax decreases in the available for sale
security portfolio. Unrealized losses have not been recognized into income
because the issuers' bonds are of high credit quality. The Corporation has the
intent and the ability to hold the securities for the foreseeable future and the
decline in the fair value during 2005 was primarily due to increased market
interest rates. On April 19, 2005, Community Central Bank Corporation declared a
5% stock dividend, payable on June 1, 2005 to stockholders of record on May 2,
2005. The outstanding number of shares, earnings per share, exercise price data
and common stock price data have been adjusted to reflect this dividend.
Retained earnings, common stock and additional paid-in-capital were adjusted to
reflect the stock dividend as indicated in the Consolidated Statement of Changes
in Stockholders' Equity.


                                       50
<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

NET INTEREST INCOME

The following table shows the dollar amount of changes in net interest income
for each major category of interest earning asset and interest bearing
liability, and the amount of change attributable to changes in average balances
(volume) or average rates for the periods shown. Variances that are jointly
attributable to both volume and rate changes have been allocated to the volume
component.

<TABLE>
<CAPTION>
                                                          Year Ended                     Year Ended
                                                  December 31, 2005 vs. 2004     December 31, 2004 vs. 2003
                                                 ----------------------------   ----------------------------
                                                          Increase (Decrease)            Increase (Decrease)
                                                           Due to Changes In              Due to Changes In
                                                          -------------------            -------------------
                                                           Volume                          Volume
                                                  Total   and Both     Rate      Total    and Both    Rate
                                                 ------   --------   --------   ------    --------   -----
                                                                         (In thousands)
<S>                                              <C>      <C>        <C>        <C>       <C>        <C>
Earning Assets - Interest Income
   Loans                                         $3,622    $1,476    $2,146     $3,061     $3,416    $(355)
   Securities                                       785       636       149        229        (95)     324
   Federal funds sold                                98       (72)      170         15          1       14
                                                 ------    ------    ------     ------     ------    -----
      Total                                       4,505     2,040     2,465      3,305      3,322      (17)
                                                 ------    ------    ------     ------     ------    -----
Deposits and Borrowed Funds - Interest Expense
   NOW and money market accounts                    186       (29)      215        (10)        46      (56)
   Savings deposits                                 103        59        44        204        145       59
   Time deposits                                  2,008       405     1,603        622      1,083     (461)
   Other borrowings                               1,123       613       510         47        124      (77)
   Capitalized lease obligation and ESOP loan         1        (4)        5         (3)        (3)      --
   Subordinated debentures                          198        --       198         43         16       27
                                                 ------    ------    ------     ------     ------    -----
      Total                                       3,619     1,044     2,575        903      1,411     (508)
                                                 ------    ------    ------     ------     ------    -----
Net Interest Income                              $  886    $  996    $ (110)    $2,402     $1,911    $ 491
                                                 ======    ======    ======     ======     ======    =====
</TABLE>

Net interest income was $12.7 million for the year ended December 31, 2005, an
increase of $886,000 or 7.5% over the year ended December 31, 2004. Net interest
margin, as measured on a tax equivalent basis, was 3.23% for 2005 compared with
3.31% in 2004. Growth in earning assets was the primary reason for the increase
in net interest income for 2005, as net interest margin compressed slightly in
2005. Increases in interest income during 2005 were primarily driven by
increases in earning asset yields. The increase in interest income related to
the loan portfolios was largely driven by increases in the loan portfolio
sensitive to prime interest rate increases, which primarily occurred in the
commercial and home equity line portfolios. An increase in interest income from
the security portfolio was primarily due to increase in volume, as the majority
of the investment portfolio is fixed rate in nature. Increases in various
categories of interest expense were primarily driven by increases in interest
rates paid on deposits and other borrowings. The largest increase in interest
expense was associated with time deposits. Increases in interest expense on time
deposits contributed 62.3% of the overall increase in interest expense due to an
increase in rate. Conversely, the increase interest expense due to other
borrowings was primarily due to increases in volume and secondarily due to
increases in rates, as the duration of the FHLB advances is much longer than
other categories of deposits and borrowed funds.


                                       51

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

The average yield on earning assets for 2005 was 6.03% compared to 5.39% in
2004. The average yield on the total loan portfolio, which contains both loans
held for sale and investment for 2005 was 6.51% compared to 5.80% in 2004. In
2005, the Federal Open Market Committee of the Federal Reserve Bank increased
the overnight federal funds rate eight times. At the end of 2005, the Community
Central Bank prime rate stood at 7.25%. The commercial, commercial real estate
and home equity line loan portfolios that reprice with prime interest rate
changes totaled approximately $154 million and the primary driver for the
increase in total loan yield during 2005. The Corporation's security portfolio
had an average non-tax adjusted yield of 4.07% during 2005, although yield
climbed through 2005, with the ending weighted average taxable equivalent yield
to maturity at December 31, 2005 totaling 5.02%. At December 31, 2005, $12.6
million of the total investment portfolio was variable rate based in nature.

The average rate paid on interest bearing liabilities in 2005 was 3.24% compared
to 2.43% in 2004. The increase in the average rate was due to the overall rate
paid on interest bearing liabilities due to the increase in overall market
interest rates. The increase in the average yield for NOW and money market
accounts for 2005 was primarily attributable to the introduction of a premium
rate based NOW account, with the average yield to 1.50% in 2005 versus 1.00% in
2004. The average yield paid on savings also increased moving to 1.94% in 2005
from 1.64% in 2004, from the introduction of a high balance savings product. The
average yield on time deposits increased due to the increase in market rates and
the repricing characteristics of this deposit category. The yield on the total
time deposit portfolio increased to 3.31% in 2005 from 2.47% in 2004. The yield
on FHLB advances and repurchase agreements increased to 3.66% in 2005 from 2.91%
in 2004 due to new advances, repricing of variable advances and the increase in
the interest rate paid on repurchase agreements moving to 2.50% at the end of
2005 from 1.00% at the end of 2004. The average rate paid on the subordinated
debenture increased in 2005 to 7.24% from 5.32%, closely tracking the overall
increase in short-term market interest rates in 2005. This instrument is priced
quarterly based on the three month libor rate.


                                       52

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

The following table shows the Corporation's consolidated average balances of
assets, liabilities, and equity. The table also details the amount of interest
income or interest expense and the average yield or rate for each category of
interest earning asset or interest bearing liability, and the net interest
margin for the periods indicated. The average balance of securities represents
amortized cost. Nonaccruing loans are included in the average loans outstanding
with no yield associated with them.

<TABLE>
<CAPTION>
                                                                   Year Ended December 31,
                                ---------------------------------------------------------------------------------------------
                                             2005                            2004                            2003
                                -----------------------------   -----------------------------   -----------------------------
                                           Interest   Average              Interest   Average              Interest   Average
                                 Average    Income/    Yield/    Average    Income/    Yield/    Average    Income/    Yield/
                                 Balance    Expense     Rate     Balance    Expense     Rate     Balance    Expense     Rate
                                --------   --------   -------   --------   --------   -------   --------   --------   -------
                                                                        (In thousands)
<S>                             <C>        <C>        <C>       <C>        <C>        <C>       <C>        <C>        <C>
Assets
   Loans                        $324,290    $21,120    6.51%    $301,637    $17,498    5.80%    $242,742    $14,437    5.95%
   Securities                     71,472      2,907    4.07       55,825      2,122    3.80       58,330      1,893    3.25
   Federal funds sold              6,142        203    3.31        8,321        105    1.26        8,257         90    1.09
                                --------    -------             --------    -------             --------    -------
   Total Earning Assets/
      Total Interest Income/
         Average Yield           401,904     24,230    6.03      365,783     19,725    5.39%     309,329     16,420    5.31%
                                            -------                         -------                         -------
      Cash and due from banks      7,441                           7,313                           6,247
      All other assets            18,812                          14,204                           8,436
                                --------                        --------                        --------
      Total Assets              $428,157                        $387,300                        $324,012
                                ========                        ========                        ========
Liabilities and Equity
      NOW and money market
         accounts               $ 40,703        612    1.50     $ 42,633        426    1.00%    $ 38,007        436    1.15%
      Savings deposits            17,664        343    1.94       14,627        240    1.64        5,815         36    0.62
      Time deposits              203,170      6,733    3.31      190,957      4,725    2.47      147,199      4,103    2.79
      FHLB advances and
         repurchase
         Agreements               85,048      3,110    3.66       68,278      1,987    2.91       64,034      1,940    3.03
      ESOP loan                      179         11    6.15          237         10    4.22          297         13    4.38
   Subordinated debentures        10,310        746    7.24       10,310        548    5.32       10,000        505    5.05
                                --------    -------             --------    -------             --------    -------
      Total Interest Bearing
         Liabilities/ Total
         Interest
         Expense/Average
         Interest Rate Spread    357,074     11,555    3.24      327,042      7,936    2.43%     265,352      7,033    2.65%
                                            -------                         -------                         -------
      Noninterest bearing
         demand deposits          36,485                          34,567                          34,655
      All other liabilities        2,002                           1,124                           1,119
      Stockholders' equity        32,596                          24,567                          22,886
                                --------                        --------                        --------
      Total Liabilities and
         Stockholders' Equity   $428,157                        $387,300                        $324,012
                                ========                        ========                        ========
Net Interest Income                         $12,675                         $11,789                         $ 9,387
                                            =======                         =======                         =======
Net Interest Margin (Net
   Interest Income/Total
   Earning Assets)                                     3.15%                           3.22%                           3.03%
Taxable equivalent                                     3.23%                           3.31%                           3.10%
</TABLE>


                                       53
<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

PROVISION FOR CREDIT LOSSES

The provision for credit losses for the year ended December 31, 2005 was
$100,000, a decrease of $1.9 million from 2004. See Management's Discussion and
Analysis of Financial Condition and Results of Operations- Assets.

NONINTEREST INCOME

Noninterest income for 2005 of $4.8 million decreased $1.7 million or 26.5% from
2004, primarily from a decrease of $1.5 million in mortgage banking income. The
decrease in mortgage banking income was the result of lower gains on the sale of
residential mortgage loans due to lower origination of residential loans sold in
the secondary market. The slow down in refinance activity, coupled with a local
slow down in new home purchases, contributed to this decrease. Total fiduciary
income in 2005, from six months of trust department operations was $133,000.
This income is not reflective of the costs involved in the trust operations
which are part of other noninterest expense categories in the consolidated
statement of income. Starting on June 30, 2005 the Bank began offering full
trust services through the acquisition of River Place Financial Corporation. The
fee income recognized during the last six months of 2005 was related to total
fiduciary assets of $71.7 million. Total deposit service charges of $297,000 in
2005 remained unchanged from $298,000 recorded in 2004. The Corporation did not
increase service charge income in 2005 and total checking account recorded in
the category of noninterest bearing demand deposits remained relatively flat for
2005. Net realized security gains were $135,000 lower than the $191,000 recorded
in 2004 primarily from the result of changes in market interest rates and the
overall asset liability structuring needs of the Corporation. Other income was
$571,000 in 2005, which was a decrease of $230,000 from 2004. The decrease was
primarily attributable to a decrease in gains recorded on the sale of portfolio
loans, which was $53,000 in 2005 versus $255,000 in 2004, or a decrease of
$202,000.

NONINTEREST EXPENSE

Noninterest expense in 2005 was $13.1 million, a decrease of $214,000 from 2004,
or a decrease of 1.60%. Salary, benefits and payroll taxes for 2005 were $7.7
million, a decrease of $201,000, or 2.5% compared to 2004. Salaries, benefits
and payroll taxes related to the Mortgage Company decreased $1.0 million in 2005
compared to 2004. The decrease in salaries, benefits and payroll taxes from the
Mortgage Company, being primarily variable based commission expense was directly
related to the decrease in mortgage banking income noted above and detailed in
the Consolidated Statement of Income. Offsetting the decrease in salaries,
benefits and payroll taxes in the mortgage company was increases in salaries,
benefits and payroll taxes attributable to the staffing of trust operations,
which started in June 2005, the addition of two commercial lenders at the
Rochester Hills branch location, the general growth and needs of infrastructure
of the Corporation as well as merit increases, which averaged 3.0% through the
Corporation. Total net occupancy expense of $1.6 million, increased $137,000 or
9.1% with the increase attributable to higher utility costs, the increased
depreciation expense of the new headquarters and the general costs of expanded
operations of the Corporation and subsidiaries. Total other operating expense of
$3.8 million decreased $150,000 or 3.8% in 2005 over 2004, with the significant
changes highlighted below. The higher level of loan workouts in 2004 over 2005
was the primary reason for the $115,000, or 20.7%, decrease in legal fees. Total
advertising, business development and public relations expense of $672,000
decreased $70,000, or 9.4%, from 2004 due to an effort to reduce advertising
conducted by outside vendors and concentrate on in-house staff. Data processing
expense of $479,000 increased $38,000, or 8.6%, from continued emphasis on
compliance and general safeguarding of operations. Professional and regulatory
fees of $438,000 increased $130,000 or 42.2%, due to expenses associated with
the placement fees for new officers, coupled with consulting and other expenses
in the acquisition of River Place Financial Corporation. Telephone related costs
of $152,000 decreased $35,000 or 18.7%, due in part to the installation of a
voice over IP telephone system in April of 2005. Other categories of other
noninterest expense were relatively unchanged during 2005.


                                       54

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

INCOME TAXES

The provision for federal income taxes of $1,179,000 for 2005 increased $397,000
or 50.8%, from the federal income tax provision in 2004. The increase was
primarily attributable to a higher level of pretax income in 2005 over 2004,
coupled with a slightly higher effective tax rate. The effective tax rate for
2005 and 2004 was 27.7%and 26.2%, respectively. The statutory tax rate for the
Corporation is 34%. The lower effective tax rate is primarily due to investments
in bank qualified tax-exempt securities and the Bank's ownership in bank owned
life insurance (BOLI). The increase in cash surrender value of BOLI is exempt
from federal income tax.

LIQUIDITY AND CAPITAL RESOURCES; ASSET/LIABILITY MANAGEMENT

The liquidity of a bank allows it to provide funds to meet loan requests, to
accommodate possible outflows of deposits, and to take advantage of other
investment opportunities. Funding of loan requests providing for liability
outflows and managing interest rate margins require continuous analysis to
attempt to match the maturities and repricing of specific categories of loans
and investments with specific types of deposits and borrowings. Bank liquidity
depends upon the mix of the banking institution's potential sources and uses of
funds. The major sources of liquidity for the Bank have been deposit growth,
federal funds sold, loans and securities which mature within one year, and sales
of residential mortgage loans. Additional liquidity is provided by $27.5 million
in available unsecured federal funds borrowing facilities and a $100.0 million
secured line of credit with the FHLB. Large deposit balances which might
fluctuate in response to interest rate changes are closely monitored. These
deposits consist mainly of jumbo certificates of deposit. We anticipate that we
will have sufficient funds available to meet our future commitments. As of
December 31, 2005, unused commitments comprised $78.2 million. The Bank has
$173.5 million in time deposits coming due within the next twelve months from
December 31, 2005. At December 31, 2005, the Bank had $99.0 million in brokered
certificates of deposit, of which $74.4 million is due within one year or less.
The Bank will continue to use brokered certificates and other wholesale funding
sources for replacement sources of matured funds. Additionally, at December 31,
2005, municipal time deposits and internet time deposits were $30.1 million and
$16.7 million, respectively. Municipal time deposits typically have maturities
less than three months. $12.9 million of internet certificates of deposit mature
in one year or less. On November 15, 2005, the Corporation's Board of Directors
declared the Corporation's fifteenth consecutive quarterly cash dividend of
$0.06 per common share, payable January 2, 2006, to shareholders of record
December 1, 2005.

The largest uses and sources of cash and cash equivalents for the Corporation
for the year ended December 31, 2005, as noted in the Consolidated Statement of
Cash Flow, were centered primarily on the uses of cash in investing activities
and the net cash provided by financing activities. The uses of cash in investing
activities were largely due to the increase in loans of $28.7 million and the
purchase of securities of $55.2 million, offset by maturities, calls and sales
of securities totaling $23.4 million. The purchase of property and equipment for
$2.4 million was primarily due to the completion of the construction of the new
administration building for the Corporation and Bank. Offsetting the uses of
cash in investing activities, was the area of cash provided from financing
activities which included net increases in time deposits, short term borrowings
and FHLB advances, net of repayment of $42.6 million, $1.7 million and $23.2
million, respectively. Partially offsetting these increases in cash from
financing were decreases in demand and savings accounts of $7.1 million.
Additionally, cash was provided from financing activities through the rights
offering completed in February 2005, which totaled $5.4 million. The net cash
provided in operating activities was $4.8 million, which was largely
attributable to net income of $3.1 million and supplemented by the cash proceeds
from the net decrease in the loans held for sale. Total cash and cash
equivalents at the end of December 31, 2005 was $11.0 million, which was an
increase of $3.8 million from December 31, 2004.


                                       55

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK

Managing rates on earning assets and interest bearing liabilities focuses on
maintaining stability in the net interest margin, an important factor in
earnings growth and stability. Emphasis is placed on maintaining a controlled
rate sensitivity position to avoid wide swings in margins and to manage risk due
to changes in interest rates.

The Corporation's Asset Liability Committee ("ALCO") meets periodically. Some of
the major areas of focus of the ALCO incorporate the following overview
functions: review the interest rate risk sensitivity of the Bank to measure the
impact of changing interest rates on the Bank's net interest income, review the
liquidity position through various measurements, review current and projected
economic conditions and the corresponding impact on the Bank, ensure that
capital and adequacy of the allowance for loan losses are maintained at proper
levels to sustain growth, monitor the investment portfolio, recommend policies
and strategies to the Board that incorporate a better balance of our interest
rate risk, liquidity, balance sheet mix and yield management, and review the
current balance sheet mix and proactively determine the future product mix.

The Corporation currently utilizes two quantitative tools to measure and monitor
interest rate risk: static gap analysis and net interest income simulation
modeling. Each of these interest rate risk measurements has limitations, but
management believes when these tools are evaluated together, they provide a
balanced view of the exposure the Corporation has to interest rate risk.

Interest sensitivity gap analysis measures the difference between the assets and
liabilities repricing or maturing within specific time periods. An
asset-sensitive position indicates that there are more rate-sensitive assets
than rate-sensitive liabilities repricing or maturing within specific time
periods, which would generally imply a favorable impact on net interest income
in periods of rising interest rates and a negative impact in periods of falling
rates. A liability-sensitive position would generally imply a negative impact on
net interest income in periods of rising rates and a positive impact in periods
of falling rates.

Gap analysis has limitations because it cannot measure precisely the effect of
interest rate movements and competitive pressures on the repricing and maturity
characteristics of interest-earning assets and interest-bearing liabilities. In
addition, a significant portion of our adjustable-rate assets have limits on
their minimum and maximum yield, whereas most of our interest-bearing
liabilities are not subject to these limitations. As a result, certain assets
and liabilities indicated as repricing within a stated period may in fact
reprice at different times and at different volumes, and certain adjustable-rate
assets may reach their yield limits and not reprice.


                                       56

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

The following table presents an analysis of our interest-sensitivity gap
position at December 31, 2005. All interest-earning assets and interest-bearing
liabilities are shown based on the earlier of their contractual maturity or
repricing date adjusted by forecasted prepayment and decay rates, our historical
experience, and the repricing and prepayment characteristics of portfolios
acquired through acquisition.

<TABLE>
<CAPTION>
                                                   After Three    After One
                                         Within     Months But    Year But     After
                                          Three       Within       Within       Five
                                         Months      One Year    Five Years    Years      Total
                                        --------   -----------   ----------   -------   --------
                                                             (In thousands)
<S>                                     <C>        <C>           <C>          <C>       <C>
Interest earning assets
   Federal funds sold                   $  4,990    $      --    $       --   $    --   $  4,990
   Securities, at amortized cost           7,775       14,321        26,407    37,868     86,371
   FHLB stock                                 --           --            --     4,331      4,331
   Loans (including held for sale)       154,556       53,252        97,321    34,108    339,237
                                        --------    ---------    ----------   -------   --------
      Total                              167,321       67,573       123,728    76,307   $434,929
                                                                                        ========
Interest bearing liabilities
   NOW and money market accounts           3,535       15,236        22,396        --     41,167
   Savings deposits                        1,283        3,721         7,828        --     12,832
   Jumbo time deposits                    67,051       76,367        30,124        --    173,542
   Time deposits < $100,000               10,904       30,818        13,131        --     54,853
   Repurchase agreements                  13,184           --            --        --     13,184
   FHLB                                   18,700       13,000        36,845    18,000     86,545
   Capitalized lease obligation and
      ESOP loan                              148           --            --        --        148
   Subordinated debentures                10,310           --            --        --     10,310
                                        --------    ---------    ----------   -------   --------
      Total                              125,115      139,142       110,324    18,000   $392,581
                                        --------    ---------    ----------   -------   ========
Rate sensitivity gap                    $ 42,206     ($71,569)   $   13,404   $58,307
                                        ========    =========    ==========   =======
Cumulative rate sensitivity gap                      ($29,363)    ($ 15,959)  $42,348
                                                    =========    ==========   =======
Rate sensitivity gap ratio                 1.34x        0.49x         1.12x     4.24x

Cumulative rate sensitivity gap ratio                   0.89x         0.96x     1.11x
</TABLE>


                                       57

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS

The Bank also evaluates interest rate risk using a simulation model. The use of
simulation models to assess interest rate risk is an accepted industry practice,
and the results of the analysis are useful in assessing the vulnerability of the
Bank's net interest income to changes in interest rates. However, the
assumptions used in the model are oversimplifications and not necessarily
representative of the actual impact of interest rate changes. The simulation
model assesses the direction and magnitude of variations in net interest income
resulting from potential changes in market interest rates. Key assumptions in
the model include prepayment speeds of various loan and investment assets; cash
flows and maturities of interest-sensitive assets and liabilities, and changes
in market conditions impacting loan and deposit volumes and pricing. These
assumptions are inherently uncertain, and subject to fluctuation and revision in
a dynamic environment. Therefore, the model cannot precisely estimate future net
interest income or exactly predict the impact of higher or lower interest rates.
Actual results may differ from simulated results due to, among other factors,
the timing, magnitude and frequency of interest rate changes, changes in market
conditions and management's pricing decisions and customer reactions to those
decisions.

On a quarterly basis, the net interest income simulation model is used to
quantify the effects of hypothetical changes in interest rates on the Bank's net
interest income over a projected twelve-month period. The model permits
management to evaluate the effects of shifts in the Treasury yield curve, upward
and downward, on net interest income expected in a stable interest rate
environment.

As of December 31, 2005, the table below reflects the impact the various
instantaneous parallel shifts in the yield curve would have on net interest
income over a twelve month period of time from the base forecast.

<TABLE>
<CAPTION>
                                          Percentage Change
       Interest Rate Scenario          In Net Interest Income
       ----------------------          ----------------------
<S>                                    <C>
Interest rates up 300 basis points              0.86%
Interest rates up 200 basis points              1.14%
Interest rates up 100 basis points              0.90%
Base Case                                         --
Interest rates down 100 basis points           (1.38%)
Interest rates down 200 basis points           (2.55%)
Interest rates down 300 basis points           (4.69%)
</TABLE>

APPLICATION OF CRITICAL ACCOUNTING POLICIES

ALLOWANCE FOR CREDIT LOSSES: The Corporation performs a detailed quarterly
review of the allowance for credit losses. The Corporation evaluates those loans
classified as substandard, under its internal risk rating system, on an
individual basis for impairment under SFAS 114. The level and allocation of the
allowance is determined primarily on management's evaluation of collateral
value, less the cost of disposal, for loans reviewed in this category. The
remainder of the total loan portfolio is segmented into homogeneous loan pools
with similar risk characteristics for evaluation under SFAS 5. The Corporation
uses factors such as, historical portfolio losses, national and local economic
trends and levels of delinquency to determine the appropriate level and
allocation of the allowance for loans in this grouping. The Corporation's policy
dictates that specifically identified credit losses be recognized immediately by
a charge to the allowance for credit losses.

Inherent risks and uncertainties related to determination of adequacy of the
allowance for credit losses require management to depend on estimates,
appraisals and evaluations of loans to prepare the analysis. Changes in economic
conditions and the financial prospects of borrowers may result in changes to the
estimates, appraisals and evaluations used. In addition, if circumstances and
losses differ substantially from management's assumptions and estimates, the
allowance for credit losses may not be sufficient to absorb all future losses
and net income could be significantly impacted.


                                       58

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
STOCKHOLDER INFORMATION

SEC FORM 10-KSB

Copies of the Corporation's annual report on Form 10-KSB, as filed with the
Securities and Exchange Commission are available to stockholders without charge,
upon written request. Please mail your request to Ray T. Colonius; Corporate
Treasurer, Community Central Bank Corporation, 120 North Main Street, Mount
Clemens, MI 48043.

STOCK INFORMATION

The common stock of Community Central Bank Corporation trades on The NASDAQ
National Market under the ticker symbol "CCBD." At December 31, 2005, there were
3,648,885 shares of Community Central Bank Corporation common stock issued and
outstanding and approximately 460 shareholders of record.

The following table presents the quarterly range of high and low sales prices of
Community Central Bank Corporation for 2004 and 2005, as well as the dividends
declared during the stated periods. The price information set forth in the table
was reported by The NASDAQ National Market. Our cash dividend payout policy is
continually reviewed by management and the Board of Directors. Dividend payment
decisions are made after considering a variety of factors, including earnings,
financial condition, market considerations and regulatory restrictions. The
Corporation relies significantly upon dividends originating from the Bank to
accumulate cash for payment of dividends to our stockholders. Restrictions of
dividend payments from the Bank are described in Note 19 of the Notes to
Consolidated Statements included in this Annual Report.

<TABLE>
<CAPTION>
                2005           Cash
          ---------------   Dividends
Quarter    High      Low     Declared
-------   ------   ------   ---------
<S>       <C>      <C>      <C>
Fourth    $14.50   $12.54      $.06
Third      15.39    13.58       .05
Second     15.88    13.79       .05
First      17.45    12.92       .05
</TABLE>

<TABLE>
<CAPTION>
                2004           Cash
          ---------------   Dividends
Quarter    High      Low     Declared
-------   ------   ------   ---------
<S>       <C>      <C>      <C>
Fourth    $13.52   $10.82      $.05
Third      13.14    10.29       .05
Second     12.86    12.01       .05
First      13.15    11.34       .05
</TABLE>

Price information has been retroactively adjusted to reflect the issuance of
stock dividends


                                       59

<PAGE>

COMMUNITY CENTRAL BANK CORPORATION
STOCKHOLDER INFORMATION

PRIMARY MARKET MAKERS

Raymond James & Associates, Inc.
880 Carillon Park
St. Petersburg, FL 33716

McConnell Budd & Romano, Inc.
365 South Street
Morristown, NJ 07960

Hill, Thompson, Magid & Co., Inc.
15 Exchange Place
Jersey City, NJ 07302-3912

Wedbush Morgan Securities, Inc.
1000 Wilshire Blvd., 9th Floor
Los Angeles, CA 90017

Howe Barnes Investment, Inc.
222 South Riverside Plaza, 7th Floor
Chicago, IL 60606

Knight Securities, L.P.
525 Washington Blvd.
Jersey City, NJ 07310

Susquehanna Capital Group
401 City Avenue
Balacynwd, PA 19003

UBS Capital Markets, L.P.
111 Pavosia Avenue East
Jersey City, NJ 07310

STOCK REGISTRAR AND TRANSFER AGENT

Computershare Trust Company, N.A.
PO Box 43010
Providence, RI 02940-3010
Shareholder Inquiries 1-800-426-5523
www.computershare.com

INDEPENDENT AUDITOR

Plante & Moran, PLLC
2601 Cambridge Ct., Suite 500
Auburn Hills, MI 48326

LEGAL COUNSEL

Silver, Freedman & Taff, LLP
1700 Wisconsin Avenue, N.W.
Washington D.C. 20007

INFORMATION

News media representatives and those seeking additional information about the
Corporation should contact Ray T. Colonius, Corporate Treasurer, at (586)
783-4500, or by writing him at 120 North Main Street, Mount Clemens, MI 48043.

ANNUAL MEETING

This year's annual meeting of stockholders will be held at 9:00 a.m., on
Tuesday, April 18, 2006, at Best Western Concorde Inn, 44315 Gratiot Avenue,
Clinton Township, MI 48036.


                                       60