p11-0346sc13ga.htm
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
SCHEDULE 13G/A*
(Rule 13d-102)
 
(Amendment No. 4)
 
 
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
 
 
 
Community Central Bank Corporation
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
20363J107
(CUSIP Number)
 
December 31, 2010
(Date of event which requires filing of this statement)
 
 
Check the appropriate box to designate the rule pursuant to which this Schedule 13G/A is filed:
 
¨
Rule 13d-1(b)
x
Rule 13d-1(c)
¨
Rule 13d-1(d)
 
(Page 1 of 8 Pages)

______________________________
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 

 
 
 
CUSIP No.  20363J107
 
13G/A
Page 2 of 8 Pages



     
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tontine Financial Partners, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
(a) x
(b) ¨
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
-0-
6
SHARED VOTING POWER
-0-
7
SOLE DISPOSITIVE POWER
-0-
8
SHARED DISPOSITIVE POWER
-0-
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**
¨
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.00%
12
TYPE OF REPORTING PERSON**
PN

** SEE INSTRUCTIONS BEFORE FILLING OUT!
 


 
 
 
CUSIP No.  20363J107
 
13G/A
Page 3 of 8 Pages



     
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tontine Management, L.L.C.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
(a) x
(b) ¨
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
-0-
6
SHARED VOTING POWER
-0-
7
SOLE DISPOSITIVE POWER
-0-
8
SHARED DISPOSITIVE POWER
-0-
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**
¨
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.00%
12
TYPE OF REPORTING PERSON**
OO
 
** SEE INSTRUCTIONS BEFORE FILLING OUT!

 
 
 
CUSIP No.  20363J107
 
13G/A
Page 4 of 8 Pages



     
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Jeffrey L. Gendell
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
(a) x
(b) ¨
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
-0-
6
SHARED VOTING POWER
-0-
7
SOLE DISPOSITIVE POWER
-0-
8
SHARED DISPOSITIVE POWER
-0-
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES**
¨
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.00%
12
TYPE OF REPORTING PERSON**
IN
 
** SEE INSTRUCTIONS BEFORE FILLING OUT!

 


 
 
 
CUSIP No.  20363J107
 
13G/A
Page 5 of 8 Pages



The Schedule 13G/A filed on February 10, 2010 is hereby amended and restated by this Amendment No. 4 to the Schedule 13G.

Item 1 (a).
Name of Issuer:
   
 
The name of the issuer is Community Central Bank Corporation (the "Company").

Item 1(b).
Address of Issuer's Principal Executive Offices:
   
 
The Company's principal executive offices are located at 100 North Main Street, PO Box 7, Mount Clemens, MI 48046-0007

Item 2 (a).
Name of Person Filing:

   
This statement is filed by:
     
   
(i)
Tontine Financial Partners, L.P., a Delaware limited partnership ("TFP") with respect to the shares of Common Stock directly owned by it;
     
   
(ii)
Tontine Management, L.L.C., a limited liability company organized under the laws of the State of Delaware ("TM"), with respect to the shares of Common Stock directly owned by TFP; and
     
   
(iii)
Jeffrey L. Gendell, a United States citizen ("Mr. Gendell"), with respect to the shares of Common Stock owned directly by TFP.
     
   
The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons."  Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.

Item 2(b).
Address of Principal Business Office or, if None, Residence:

 
The address of the business office of each of the Reporting Persons is 55 Railroad Avenue, Greenwich, CT 06830.

Item 2(c).
Citizenship:
   
 
See Item 2(a) above.

Item 2(d).
Title of Class of Securities:
   
 
Common Stock, no par value (the "Common Stock")


 
 
 
CUSIP No.  20363J107
 
13G/A
Page 6 of 8 Pages



Item 2(e).
CUSIP Number:
   
 
20363J107

Item 3.
If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:

   
(a)
¨
Broker or dealer registered under Section 15 of the Act,
   
(b)
¨
Bank as defined in Section 3(a)(6) of the Act,
   
(c)
¨
Insurance Company as defined in Section 3(a)(19) of the Act,
   
(d)
¨
Investment Company registered under Section 8 of the Investment Company Act of 1940,
   
(e)
¨
Investment Adviser in accordance with Rule 13d-1 (b)(1)(ii)(E),
   
(f)
¨
Employee Benefit Plan or Endowment Fund in accordance with 13d-1 (b)(1)(ii)(F),
   
(g)
¨
Parent Holding Company or control person in accordance with Rule 13d-1 (b)(1)(ii)(G),
   
(h)
¨
Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act,
   
(i)
¨
Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940,
   
(j)
¨
Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

 
Not applicable.

Item 4.
Ownership.

 
A.
Tontine Financial Partners, L.P.
     
(a)
Amount beneficially owned:  -0-
     
(b)
Percent of class:  0.00%.  The percentages used herein and in the rest of Item 4 are calculated based upon the 3,739,881 shares of Common Stock issued and outstanding as of November 12, 2010, as set forth in the Company's Form 10-Q for the quarterly period ended September 30, 2010.
     
(c)
(i)
Sole power to vote or direct the vote:  -0-
       
(ii)
Shared power to vote or direct the vote:  -0-
       
(iii)
Sole power to dispose or direct the disposition:  -0-
       
(iv)
Shared power to dispose or direct the disposition:  -0-

 
B.
Tontine Management, L.L.C.
     
(a)
Amount beneficially owned:  -0-
     
(b)
Percent of class:  0.00%.

 
 
 
CUSIP No.  20363J107
 
13G/A
Page 7 of 8 Pages



     
(c)
(i)
Sole power to vote or direct the vote:  -0-
       
(ii)
Shared power to vote or direct the vote:  -0-
       
(iii)
Sole power to dispose or direct the disposition:  -0-
       
(iv)
Shared power to dispose or direct the disposition:  -0-

 
C.
Jeffrey L. Gendell
     
(a)
Amount beneficially owned:  -0-
     
(b)
Percent of class:  0.00%.
     
(c)
(i)
Sole power to vote or direct the vote:  -0-
       
(ii)
Shared power to vote or direct the vote:  -0-
       
(iii)
Sole power to dispose or direct the disposition:  -0-
       
(iv)
Shared power to dispose or direct the disposition:  -0-

Item 5.
Ownership of Five Percent or Less of a Class.
   
 
If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following x.

Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
   
 
Not applicable.

Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
   
 
Not applicable.

Item 8.
Identification and Classification of Members of the Group.
   
 
Not applicable.

Item 9.
Notice of Dissolution of Group.
   
 
Not applicable.


 
 
 
CUSIP No.  20363J107
 
13G/A
Page 8 of 8 Pages



Item 10.
Certification.

 
Each of the Reporting Persons hereby makes the following certification:
   
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURES
 
After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
 

DATED:
February 11, 2011
  
   
 
/s/ JEFFREY L. GENDELL
 
Jeffrey L. Gendell, individually, and as
managing member of
Tontine Management, L.L.C.,
and as general partner of
Tontine Financial Partners, L.P.