Community First Bank in Reynoldsville, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Community First Bank in Reynoldsville, Pennsylvania (PA)
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Community First Bank - Overview

  • General
  • FDIC Certificate #: 7953
    Status: Active
    Federal Reserve ID: 188926
    Bank Holding Company (Regulatory Top Holder): Community First Bancorp, Inc. (RSSDID: 2376950, Location: Reynoldsville, PA)
    Date Established: April 20, 1893
    WWW: http://www.cf-bank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 12690
    FDIC's unique #: 5083
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 01, 2006
    Last Structure Change Process Date: June 14, 2006
    Last Data Update: June 14, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 444 Main Street, Reynoldsville, PA 15851
    County: Jefferson
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Wexford
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
  • History of Changes
  • Corrections
    Change in Primary Regulatory Agency
    Change in Supervisory Agency
  • Financial Summary
  • Total assets: $87.7 mil
    Equity capital: $7.8 mil
    Deposits held in domestic offices: $73.8 mil
    Return on assets (ROA): 0.54% ($0.5 mil)
    Quarterly return on assets: 0.16% ($0.1 mil)
    Return on Equity (ROE): 6.53% ($0.5 mil)
    Quarterly return on equity: 1.72% ($0.1 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.62% ($543.7 mil)
    Quarterly Pretax return on assets: 0.49% ($429.7 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
  • 38Total employees (full-time equivalent)
  • $87,691Total assets
  • $2,287Cash and due from depository institutions
  • $1,155Interest-bearing balances
  • $6,424Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $73,012Net loans & leases
  • $770Loan loss allowance
  • $0Trading account assets
  • $1,771Bank premises and fixed assets
  • $324Other real estate owned
  • $0Goodwill and other intangibles
  • $87,691Life insurance assets
  • $3,873All other assets
  • $79,858Total liabilities and capital
  • $73,775Total liabilities
  • $64,144Total deposits
  • $73,775Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 896.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $187Subordinated debt
  • $7,833All other liabilities
  • $7,833Total equity capital
  • $7,833Total bank equity capital
  • $1,213Perpetual preferred stock
  • $150Common stock
  • $370Surplus
  • $6,100Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,283Income earned, not collected on loans
  • $0Earning assets
  • $349Long-term assets (5+ years)
  • $80,591Average Assets, year-to-date
  • $44,262Average Assets, quarterly
  • $87,247Volatile liabilities
  • $87,296Insider loans
  • $67,366FHLB advances
  • $87,228Loans and leases held for sale
  • $2,360Unused loan commitments
  • $2,360Tier 1 (core) risk-based capital
  • $7,680Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,213Restructured Loans and leases
  • $1,390Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,103Total interest income
  • $1,176Total interest expense
  • $2,927Net interest income
  • $142Provision for loan and lease losses
  • $418Total noninterest income
  • $0Fiduciary activities
  • $241Service charges on deposit accounts
  • $0Trading account gains & fees
  • $177Additional noninterest income
  • $2,788Total noninterest expense
  • $1,475Salaries and employee benefits
  • $360Premises and equipment expense
  • $953Additional noninterest expense
  • $415Pre-tax net operating income
  • $128Securities gains (losses)
  • $72Applicable income taxes
  • $471Income before extraordinary items
  • $0Extraordinary gains - net
  • $471Net income attributable to bank
  • $0Net charge-offs
  • $471Cash dividends
  • $88Sale, conversion, retirement of capital stock, net
  • $243Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.11%Yield on earning assets
  • 1.47%Cost of funding earning assets
  • 3.65%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 3.47%Noninterest expense to earning assets
  • 0.41%Net operating income to assets
  • 0.54%Return on assets (ROA)
  • 0.62%Pretax return on assets
  • 6.53%Return on equity (ROE)
  • 3.16%Retained earnings to average equity (YTD only)
  • 0.13%Net charge-offs to loans
  • 161.36%Credit loss provision to net charge-offs
  • 6.33%Efficiency ratio
  • 83,348Assets per employee
  • 2.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.59%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 60.02%Noncurrent assets plus other real estate owned to assets
  • 1.83%Noncurrent loans to loans
  • 1.74%Net loans and leases to deposits
  • 98.97%Net loans and leases to core deposits
  • 109.19%Equity capital to assets
  • 8.93%Core capital (leverage) ratio
  • 8.80%Tier 1 risk-based capital ratio
  • 11.40%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $87,247Average earning assets
  • $7,210Average equity
  • $80,236Average loans

List of branches

  • 4 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05083Community First Bank444 Main Street, Reynoldsville, PA 15851April 20, 1893Full Service Brick and Mortar
    1217578Sykesville Branch101 Sykes Street, Sykesville, PA 15865December 09, 1997Full Service Brick and Mortar
    2455810Punxsutawney102 Indiana Street, Punxsutawney, PA 15767August 28, 2006Full Service Brick and Mortar
    3515966Clarion Branch601 Main Street, Clarion, PA 16214November 08, 2010Full Service Brick and Mortar

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