Call reports 2024
COMMUNITY FIRST BANK INC. — 2024
What COMMUNITY FIRST BANK INC. reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 |
|---|---|---|
| Total assets | 684,002,000 | 679,834,000 |
| Total loans | 508,679,000 | 505,216,000 |
| Allowance for loan losses | 6,080,000 | 5,726,000 |
| Securities available for sale | 92,411,000 | 91,087,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 579,516,000 | 574,660,000 |
| Interest-bearing deposits | 432,940,000 | 432,123,000 |
| Noninterest-bearing deposits | 146,576,000 | 142,537,000 |
| Equity capital | 61,654,000 | 62,929,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 |
|---|---|---|
| Interest income | 8,375,000 | 16,909,000 |
| Interest expense | 3,324,000 | 6,772,000 |
| Net interest income | 5,051,000 | 10,137,000 |
| Noninterest income | 892,000 | 1,993,000 |
| Noninterest expense | 5,013,000 | 9,766,000 |
| Provision for loan losses | 0 | -346,000 |
| Pretax income | 957,000 | 2,747,000 |
| Income tax | -62,000 | 455,000 |
| Net income | 1,019,000 | 2,292,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 |
|---|---|---|
| Tier 1 capital | 72,018,000 | 73,287,000 |