Community First Bank in Prineville, Oregon (OR)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 07, 2009

  • Community First Bank in Prineville, Oregon (OR)
  • Show street view No street view available for this location

Community First Bank - Overview

  • General
  • FDIC Certificate #: 23268
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Home Federal Bank (#28258)
    Federal Reserve ID: 843270
    Date Established: December 05, 1980
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 8 (Interstate: No)
    OTS Docket #: 9442
    FDIC's unique #: 16305
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 05, 1980
    Last Structure Change Effective Date: August 07, 2009
    Last Structure Change Process Date: August 10, 2009
    Last Data Update: August 10, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 555 West 3rd Street, Prineville, OR 97754
    County: Crook
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Portland
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Combined Statistical Area (CSA): Bend-Prineville, OR (#140)
    Core Based Statistical Area (CBSA): Prineville, OR (#39260)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $199.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2008)

  • Dollar figures in thousands
  • 94Total employees (full-time equivalent)
  • $211,581Total assets
  • $4,769Cash and due from depository institutions
  • $101Interest-bearing balances
  • $24,041Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $150,039Net loans & leases
  • $3,569Loan loss allowance
  • $0Trading account assets
  • $8,920Bank premises and fixed assets
  • $11,714Other real estate owned
  • $0Goodwill and other intangibles
  • $1,195Life insurance assets
  • $12,098All other assets
  • $211,581Total liabilities and capital
  • $197,220Total liabilities
  • $174,722Total deposits
  • $146,590Interest-bearing deposits
  • $174,722Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $3,247Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $18,000Other borrowed funds
  • $0Subordinated debt
  • $1,251All other liabilities
  • $14,361Total equity capital
  • $14,361Total bank equity capital
  • $14,361Perpetual preferred stock
  • $0Common stock
  • $775Surplus
  • $12,408Undivided profits
  • Memoranda
  • $1,178Noncurrent loans and leases
  • $14,133Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $7,479Earning assets
  • $0Long-term assets (5+ years)
  • $971Average Assets, year-to-date
  • $174,181Average Assets, quarterly
  • $59,760Volatile liabilities
  • $211,913Insider loans
  • $212,295FHLB advances
  • $36,615Loans and leases held for sale
  • $2,859Unused loan commitments
  • $18,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $14,133Total unused commitments
  • $4,933Restructured Loans and leases
  • $2,198Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $12,470Total interest income
  • $5,633Total interest expense
  • $6,837Net interest income
  • $9,846Provision for loan and lease losses
  • $2,125Total noninterest income
  • $0Fiduciary activities
  • $1,031Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,094Additional noninterest income
  • $9,655Total noninterest expense
  • $5,102Salaries and employee benefits
  • $1,447Premises and equipment expense
  • $3,106Additional noninterest expense
  • -$10,539Pre-tax net operating income
  • $23Securities gains (losses)
  • -$4,184Applicable income taxes
  • -$6,332Income before extraordinary items
  • $0Extraordinary gains - net
  • -$6,332Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $8,285Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.76%Yield on earning assets
  • 3.05%Cost of funding earning assets
  • 3.71%Net interest margin
  • 1.15%Noninterest income to earning assets
  • 5.24%Noninterest expense to earning assets
  • -2.99%Net operating income to assets
  • -2.99%Return on assets (ROA)
  • -4.96%Pretax return on assets
  • -37.18%Return on equity (ROE)
  • -37.18%Retained earnings to average equity (YTD only)
  • 5.06%Net charge-offs to loans
  • 118.84%Credit loss provision to net charge-offs
  • -0.08%Efficiency ratio
  • 107,733Assets per employee
  • 2.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.32%Loss allowance to noncurrent loans
  • 47.72%Noncurrent assets plus other real estate owned to assets
  • 9.07%Noncurrent loans to loans
  • 4.87%Net loans and leases to deposits
  • 85.87%Net loans and leases to core deposits
  • 106.14%Equity capital to assets
  • 6.79%Core capital (leverage) ratio
  • 6.68%Tier 1 risk-based capital ratio
  • 8.16%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $211,913Average earning assets
  • $17,033Average equity
  • $184,390Average loans

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