Community First Bank & Trust

Headquarters

501 South James M. Campbell Boulevard
Columbia, TN 38401
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Community First Bank & Trust is an FDIC insured institution located in Columbia, TN. It was founded in 1999 and has approximately $0.48 billion in assets.

FDIC Insured Yes
FDIC Certificate # 35165
Date Established 1999
Assets $ 476.06 million
Loans $ 317.10 million
Deposits $ 433.31 million
Capital $ 40.14 million
 

For a more detailed analysis of Community First Bank & Trust's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Community First Bank & Trust

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,128 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Community First Bank & Trust
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Branches

Community First Bank & Trust branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Community First Bank & Trust Locations


Financial Details

Community First Bank & Trust Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Community First Bank & Trust. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Community First Bank & Trust U.S. Bank Average
12.21% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Community First Bank & Trust had $2,989,000 in non-current loans and $2,386,000 in owned real estate. To cover these potential losses it had $40,139,000 in equity and $3,894,000 in loans loss reserves. That gives it a Texas Ratio of 12.21%.

Return on Equity
Community First Bank & Trust U.S. Bank Average
6.99% 7.80%

Community First Bank & Trust has a Return on Equity of 6.99% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Community First Bank & Trust U.S. Bank Average
8.43% 12.68%

Community First Bank & Trust has a Capitalization of 8.43% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Community First Bank & Trust Balance Sheet Analysis

As of December 31, 2017, Community First Bank & Trust had assets of $476,513,000, loans of $317,100,000, and deposits of $433,312,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 56.44 million
Interest-bearing balances $ 52.36 million
Total securities $ 69.08 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 317.10 million
Loan loss allowance $ 3.89 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.39 million
Goodwill and other intangibles $ 0.67 million
All other assets $ 20.50 million
     Total Assets $ 436.37 million
LIABILITIES
Total deposits $ 433.31 million
      Interest-bearing deposits $ 352.02 million
      Deposits held in domestic offices $ 433.31 million
      % insured (estimated) 69.78%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 3.06 million
      Total Liabilities $ 436.37 million
      Shareholders’ Equity $ 39.68 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 17.84 million
Total Interest Expense $ 2.12 million
Net interest income $ 15.72 million
Provision for loan and lease losses $ 0.06 million
Total non interest income $ 1.96 million
Total non interest expense $ 13.31 million
Pre-tax Net Operating Income $ 4.31 million

Bank Loan Profile?

The top three loan types in Community First Bank & Trust’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Tennessee, Community First Bank & Trust has a significantly higher percent of Small Business Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 37.83
Multifamily
Mortgages
2.54
Credit Card Loans 0.00
Consumer Auto Loans 0.67
Small Business Loans 17.32
Construction and Development Loans 7.39
Commercial Real Estate 43.65
Commercial and Industrial Loans 5.26
Farm Loans 0.49

Frequently Asked Questions About Community First Bank & Trust

Branches and Savings

Is Community First Bank & Trust FDIC insured?

Yes. It is covered under FDIC Certificate #35165.

Why does Community First Bank & Trust pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Community First Bank & Trust CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Community First Bank & Trust a commercial bank?

Yes

Where are Community First Bank & Trust locations?

See branch locations nearby.

Is Community First Bank & Trust open on Saturdays?

Is Community First Bank & Trust open on Sundays?

What time does Community First Bank & Trust open?

What time does Community First Bank & Trust close?

Are Community First Bank & Trust ATMs Open 24/7?

Do Community First Bank & Trust ATMs accept cash deposits?

Can Community First Bank & Trust customers use other ATMs?

Do Community First Bank & Trust branches have notaries?

Will Community First Bank & Trust notarize my document?

What address for Community First Bank & Trust should I put for incoming ACH transfers?

Will the Community First Bank & Trust branch print checks?

Do Community First Bank & Trust checks expire?

Does Community First Bank & Trust require US citizenship to open account?

Can Community First Bank & Trust close my account?

Does Community First Bank & Trust Report to credit bureaus?

Does Community First Bank & Trust Use Equifax?

What is Community First Bank & Trust's ACH Routing Number?

What is Community First Bank & Trust's SWIFT code?

Products

Does Community First Bank & Trust offer mortgages?

Compare mortgage rates here.

Does Community First Bank & Trust offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Community First Bank & Trust offer personal loans?

Compare personal loan rates here.

Does Community First Bank & Trust offer student loans?

Will Community First Bank & Trust cash a check?

Will Community First Bank & Trust redeem a savings bond?

Does Community First Bank & Trust cash savings bonds?

Will Community First Bank & Trust cash money orders?

Can Community First Bank & Trust issue a money order?

Does Community First Bank & Trust do currency exchange?

Background on The Bank

Who owns Community First Bank & Trust?

How long has Community First Bank & Trust been around?

Can Community First Bank & Trust transfer to other banks?

Does Community First Bank & Trust have quick pay?

Does Community First Bank & Trust accept rolled coins?

Will Community First Bank & Trust accept loose change?

Where is Community First Bank & Trust headquarters?

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