Community First Bank & Trust in Columbia, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Community First Bank & Trust - Overview

  • General
  • FDIC Certificate #: 35165
    Status: Active
    Federal Reserve ID: 2810007
    Bank Holding Company (Regulatory Top Holder): Community First, Inc. (RSSDID: 3108194, Location: Columbia, TN)
    Date Established: May 18, 1999
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 11 (Domestic: 11, Interstate: No)
    FDIC's unique #: 75637
    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: May 18, 1999
    Last Structure Change Effective Date: July 12, 2011
    Last Structure Change Process Date: July 18, 2011
    Last Data Update: July 18, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 501 South James M. Campbell Boulevard, Columbia, TN 38401
    County: Maury
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Nashville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Nashville-Davidson-Murfreesboro-Columbia, TN (#400)
    Core Based Statistical Area (CBSA): Columbia, TN (#17940)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $617.2 mil
    Equity capital: $34.6 mil
    Deposits held in domestic offices: $556.3 mil
    Return on assets (ROA): -1.83% (-$11.3 mil)
    Quarterly return on assets: -2.91% (-$18.0 mil)
    Return on Equity (ROE): -29.05% (-$10.2 mil)
    Quarterly return on equity: -49.51% (-$17.3 mil)
    Net income: -$11.8 mil
    Quarterly Net income: -$4.6 mil
    Pretax return on assets: -2.07% (-$12,775.5 mil)
    Quarterly Pretax return on assets: -2.89% (-$17,836.3 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
  • 137Total employees (full-time equivalent)
  • $617,172Total assets
  • $72,873Cash and due from depository institutions
  • $68,513Interest-bearing balances
  • $63,660Securities
  • $3,034Federal funds sold & reverse repurchase agreements
  • $421,497Net loans & leases
  • $20,397Loan loss allowance
  • $0Trading account assets
  • $14,259Bank premises and fixed assets
  • $22,055Other real estate owned
  • $1,551Goodwill and other intangibles
  • $617,172Life insurance assets
  • $18,243All other assets
  • $582,489Total liabilities and capital
  • $556,285Total liabilities
  • $503,160Total deposits
  • $556,285Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 7000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $16,000Trading liabilities
  • $0Other borrowed funds
  • $3,204Subordinated debt
  • $34,683All other liabilities
  • $34,595Total equity capital
  • $34,595Total bank equity capital
  • $0Perpetual preferred stock
  • $6,228Common stock
  • $44,271Surplus
  • $-15,904Undivided profits
  • Memoranda
  • $88Noncurrent loans and leases
  • $58,568Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $37,105Income earned, not collected on loans
  • $0Earning assets
  • $2,126Long-term assets (5+ years)
  • $556,704Average Assets, year-to-date
  • $92,860Average Assets, quarterly
  • $643,441Volatile liabilities
  • $626,320Insider loans
  • $427,942FHLB advances
  • $625,263Loans and leases held for sale
  • $9,040Unused loan commitments
  • $9,040Tier 1 (core) risk-based capital
  • $32,213Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $29,002Restructured Loans and leases
  • $10,797Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $28,702Total interest income
  • $7,688Total interest expense
  • $21,014Net interest income
  • $12,606Provision for loan and lease losses
  • $1,387Total noninterest income
  • $0Fiduciary activities
  • $1,809Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$422Additional noninterest income
  • $18,105Total noninterest expense
  • $8,285Salaries and employee benefits
  • $2,280Premises and equipment expense
  • $7,540Additional noninterest expense
  • -$8,310Pre-tax net operating income
  • -$5,000Securities gains (losses)
  • -$1,555Applicable income taxes
  • -$11,755Income before extraordinary items
  • $0Extraordinary gains - net
  • -$11,771Net income attributable to bank
  • $16Net charge-offs
  • -$11,755Cash dividends
  • $10,376Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.98%Yield on earning assets
  • 1.33%Cost of funding earning assets
  • 3.64%Net interest margin
  • 0.24%Noninterest income to earning assets
  • 3.14%Noninterest expense to earning assets
  • -1.14%Net operating income to assets
  • -1.83%Return on assets (ROA)
  • -2.07%Pretax return on assets
  • -29.05%Return on equity (ROE)
  • -29.05%Retained earnings to average equity (YTD only)
  • 2.15%Net charge-offs to loans
  • 121.49%Credit loss provision to net charge-offs
  • 0.41%Efficiency ratio
  • 79,733Assets per employee
  • 4.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.62%Loss allowance to noncurrent loans
  • 54.97%Noncurrent assets plus other real estate owned to assets
  • 9.59%Noncurrent loans to loans
  • 8.40%Net loans and leases to deposits
  • 75.77%Net loans and leases to core deposits
  • 83.97%Equity capital to assets
  • 5.61%Core capital (leverage) ratio
  • 5.15%Tier 1 risk-based capital ratio
  • 7.53%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $643,441Average earning assets
  • $40,526Average equity
  • $576,772Average loans

List of branches

  • 11 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    075637Community First Bank & Trust501 South James M. Campbell Boulevard, Columbia, TN 38401May 18, 1999Full Service Brick and Mortar
    1290901Public Square Branch106 Public Square, Mount Pleasant, TN 38474September 22, 1999Full Service Brick and Mortar
    3363310Wal-Mart Supercenter Branch2200 Brookmeade Drive, Columbia, TN 38401March 20, 2002Full Service Retail
    6455831Old Fort Parkway Branch1950 Old Fort Parkway, Murfreesboro, TN 37129October 23, 2006Full Service Brick and Mortar
    7457258Franklin Branch9045 Carothers Parkway, Franklin, TN 37067December 18, 2006Full Service Brick and Mortar
    8458273Neely's Mill Branch1412 Trotwood Avenue, Columbia, TN 38401January 22, 2007Full Service Brick and Mortar
    9466778Downtown Branch601 North Garden Street, Columbia, TN 38401August 06, 2007Full Service Brick and Mortar
    103265First National Bank Centerville Bran314 North Public Square, Centerville, TN 37033January 01, 1885Full Service Brick and Mortar
    11205537East BranchHighway 100 North, Lyles, TN 37098May 05, 1982Full Service Brick and Mortar
    12473720Thompson Station Lpo3011 Harrah Drive, Spring Hill, TN 37174April 01, 2008Limited Service Loan Production
    13482363Thompson Station Office4809 Columbia Pike, Thompsons Station, TN 37179November 06, 2008Full Service Brick and Mortar

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