FDIC Certificate #: 27393 Status: Active Federal Reserve ID: 1225033 Bank Holding Company (Regulatory Top Holder): Community First Bancorp, Inc. (RSSDID: 3468535, Location: Fairview Heights, IL) Date Established: November 30, 1988 WWW:http://www.cfbank1.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 15970 FDIC's unique #: 39836 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: November 30, 1988 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 4600 North Illinois, Fairview Heights, IL 62208 County: St. Clair Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Mount Vernon Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040) Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476) Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180) CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $190.9 mil Equity capital: $27.1 mil Deposits held in domestic offices: $161.6 mil Return on assets (ROA): 1.16% ($2.2 mil) Quarterly return on assets: 0.67% ($1.3 mil) Return on Equity (ROE): 9.66% ($2.6 mil) Quarterly return on equity: 4.70% ($1.3 mil) Net income: $2.2 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.17% ($2,233.8 mil) Quarterly Pretax return on assets: 0.68% ($1,298.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
28Total employees (full-time equivalent)
$190,923Total assets
$2,988Cash and due from depository institutions
$1,346Interest-bearing balances
$17,661Securities
$50Federal funds sold & reverse repurchase agreements
$161,353Net loans & leases
$2,580Loan loss allowance
$0Trading account assets
$2,095Bank premises and fixed assets
$638Other real estate owned
$0Goodwill and other intangibles
$190,923Life insurance assets
$6,138All other assets
$163,800Total liabilities and capital
$161,614Total liabilities
$147,844Total deposits
$161,614Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,000Trading liabilities
$0Other borrowed funds
$1,186Subordinated debt
$27,123All other liabilities
$27,123Total equity capital
$27,123Total bank equity capital
$0Perpetual preferred stock
$794Common stock
$20,481Surplus
$5,848Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,080Income earned, not collected on loans
$0Earning assets
$598Long-term assets (5+ years)
$180,410Average Assets, year-to-date
$6,672Average Assets, quarterly
$190,757Volatile liabilities
$191,656Insider loans
$157,973FHLB advances
$192,136Loans and leases held for sale
$3,613Unused loan commitments
$3,613Tier 1 (core) risk-based capital
$26,855Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$12,483Restructured Loans and leases
$265Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$9,358Total interest income
$2,464Total interest expense
$6,894Net interest income
$1,146Provision for loan and lease losses
$582Total noninterest income
$0Fiduciary activities
$181Service charges on deposit accounts
$0Trading account gains & fees
$401Additional noninterest income
$4,103Total noninterest expense
$2,613Salaries and employee benefits
$250Premises and equipment expense
$1,240Additional noninterest expense
$2,227Pre-tax net operating income
$0Securities gains (losses)
$21Applicable income taxes
$2,206Income before extraordinary items
$0Extraordinary gains - net
$2,206Net income attributable to bank
$0Net charge-offs
$2,206Cash dividends
$1,443Sale, conversion, retirement of capital stock, net
$964Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.15%Yield on earning assets
1.36%Cost of funding earning assets
3.80%Net interest margin
0.32%Noninterest income to earning assets
2.26%Noninterest expense to earning assets
1.16%Net operating income to assets
1.16%Return on assets (ROA)
1.17%Pretax return on assets
9.66%Return on equity (ROE)
5.44%Retained earnings to average equity (YTD only)
0.88%Net charge-offs to loans
79.42%Credit loss provision to net charge-offs
2.34%Efficiency ratio
54,882Assets per employee
6.82%Cash dividends to net income (YTD only)
Condition Ratios (%)
43.70%Loss allowance to loans
1.57%Loss allowance to noncurrent loans
124.04%Noncurrent assets plus other real estate owned to assets
1.42%Noncurrent loans to loans
1.27%Net loans and leases to deposits
99.84%Net loans and leases to core deposits
105.70%Equity capital to assets
14.21%Core capital (leverage) ratio
13.98%Tier 1 risk-based capital ratio
17.00%Total risk-based capital ratio
Memoranda
$18Average assets
$190,757Average earning assets
$22,829Average equity
$181,605Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
39836
Community First Bank
4600 North Illinois, Fairview Heights, IL 62208
November 30, 1988
Full Service Brick and Mortar
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