# COMMUNITY FIRST BANK INC
WALHALLA, SC · FDIC certificate 32838 · asset band $300M-1B · latest filing 2024-06 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $679.8M | |
| Deposits | $574.7M | |
| Loans and leases | $505.2M | |
| Total equity | $62.9M | |
| Loans / deposits | 86.92% (p63 of band) | 81.72% |
| Liquid assets / assets | 21.03% (p36 of band) | |
| Uninsured deposits / deposits | 12.14% (p9 of band) | 24.65% |
| Brokered deposits | 3.58% | |
| Wholesale funding | 8.95% (p63 of band) | |
| FHLB advances / assets | 5.37% | |
| Tier 1 leverage | 10.59% (p55 of band) | 10.35% |
| Unrealized securities loss / equity | -22.63% (p42 of band) | -17.47% |
| AOCI / equity | -0.69% (p35 of band) | |
| ROA (annualized) | 0.67% (p31 of band) | 0.93% |
| Net interest margin | 3.17% (p42 of band) | 3.35% |
| Efficiency ratio | 80.04% (p78 of band) | |
| Noncurrent loans | 0.09% (p30 of band) | 0.28% |
| Net charge-offs (annualized) | 0.00% (p42 of band) | |
| Reserve coverage of noncurrent | 1195.41% | |
| Real estate % of loans | 65% | |
| Construction % of loans | 52.22% (p51 of band) | |
| Auto loans | $3.1M (0.61% of loans; DQ 0.82%, NCO 0.00%) | |
| Loans to nondepository financials | $2.5M (4% of equity) (p93 of band) | |
| Deposits YoY | -3.4% | |
| Employees | 115 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 3 | losing money, charge-offs p90 |  |
| 2012-03 | 4 | capital falling, expense ratio p90 | charge-offs p90 |
| 2012-06 | 3 |  | capital falling |
| 2012-09 | 3 |  |  |
| 2012-12 | 6 | noncurrent p90, deposits shrinking, assets shrinking |  |
| 2013-03 | 9 | leverage <7%, capital falling, charge-offs p90 |  |
| 2013-06 | 7 |  | leverage <7%, capital falling |
| 2013-09 | 5 |  | expense ratio p90, charge-offs p90 |
| 2013-12 | 9 | AOCI drag >20% of equity, securities losses >30% of equity, expense ratio p90, construction >100% equity |  |
| 2014-03 | 8 | leverage <7%, capital falling, charge-offs p90 | losing money, AOCI drag >20% of equity, securities losses >30% of equity, expense ratio p90 |
| 2014-06 | 7 | losing money, expense ratio p90 | construction >100% equity, leverage <7%, capital falling |
| 2014-09 | 7 |  |  |
| 2014-12 | 3 |  | deposits shrinking, assets shrinking, losing money, expense ratio p90 |
| 2015-03 | 7 | expense ratio p90, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2015-06 | 6 |  | expense ratio p90 |
| 2015-09 | 3 | expense ratio p90 | charge-offs p90, deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2015-12 | 3 |  |  |
| 2016-03 | 7 | capital falling, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2016-06 | 5 |  | capital falling, assets shrinking |
| 2016-09 | 3 |  | reserve under noncurrent, noncurrent p90 |
| 2016-12 | 4 | assets shrinking |  |
| 2017-03 | 2 | capital falling | deposits shrinking, uninsured deposits leaving, assets shrinking |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 1 |  | capital falling |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | capital falling |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 1 |  | capital falling |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 0 |  | expense ratio p90 |
| 2022-06 | 0 |  |  |
| 2022-09 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-12 | 1 |  | securities losses >30% of equity |
| 2023-03 | 0 |  | AOCI drag >20% of equity |
| 2023-06 | 1 | uninsured deposits leaving |  |
| 2023-09 | 1 | securities losses >30% of equity | uninsured deposits leaving |
| 2023-12 | 1 | uninsured deposits leaving | securities losses >30% of equity |
| 2024-03 | 1 |  |  |
| 2024-06 | 0 |  | uninsured deposits leaving |

## In the news (Google News, unfiltered, newest first; check the city)

- 2024-04-26 [COMMUNITY FIRST BANCORPORATION ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS - PR Newswire](https://news.google.com/rss/articles/CBMizwFBVV95cUxQa2dXRlQ2ZHZTVHE2cjJYVHFRUnVzX0I4VnV0WFZMdUlnQ2tzZ0N0OGIwcDhwMTVoOHNxM0k1YXp2NWtWdFBYX3VDZ2s4b3pCRkQ5UkIxV3BjZFNwOGVuM25OM05yWFJIRzJLcXhjT2tWOFQtUU5pcFZfSnd5dzlWWExIZnZNZkhlQ1BGd051bFRYbmdlMG1ITGtQYmt4SzhFbTF3QWV3VTZUZmZMdl9uZXJ3NmZVRUxVWHVxd1ZTaG9XQUdON1Q4azRLc1JGenM?oc=5) · PR Newswire
- 2024-08-02 [Dogwood State Bank reports higher Second Quarter 2024 earnings; Community First acquisition complete as of Aug. 1 - Greater Fayetteville Business Journal](https://news.google.com/rss/articles/CBMi_gFBVV95cUxQN1F2WS1zZ2NCV3hsUnZDZWU5aXdlbjBBQWx1aHIyd3o5WU5Fc2ZzaXdMdVNCcUdyRGF5RWx1LVQzMEw1b2phTUZlYlZyaG1VaWl6TGs1TGFKOVVpYjFVRmVxRUVwMDliRHZuWmtWeDhkc0dVOV9MOTFJOHBLdGZrUVNpWFIzdVhKLVRpOFRMOGJFeEsyR0JCRFUyNnBBUU9pT08tN2dwRTJNVWdDQ0lwbVdGT1hDUzR2LWtTVHFpRXdhN1hRSVVZbVQ2dHBrcjBJQWZ4cnNzRXZXTThsY1JLVXRBUnJpSHl2UHdCRWRBc1ZrSE14TDBKQkV2bTROQQ?oc=5) · Greater Fayetteville Business Journal
- 2021-03-19 [Community First Bancorporation Announces Completion of Merger With SFB Bancorp, Inc. - newswire.com](https://news.google.com/rss/articles/CBMirgFBVV95cUxOTGlpSVRFemQzYWhJRndTbTBtOUEwQXhXMXgxcjZfa042MGY1ZjJOUjM0ZlVnLUJzdDJENXM4bERWaUN1MEtsaURoeDZIX1htSkhnWnpsal96ekFMYU5SVHdub1d1ZXhWbnowOVI4c2VSaURfTnlKV2t4OFpTTnBzR19fR041T0JUdDBhMGtJaEcwYUxNSDB5WndSUmRpS0hhbm5SdlNZc0VNSXZQNWc?oc=5) · newswire.com
- 2022-04-28 [COMMUNITY FIRST ANNOUNCES AGREEMENT TO SELL SEATRUST MORTGAGE COMPANY - PR Newswire](https://news.google.com/rss/articles/CBMiwwFBVV95cUxPMTlLM3JIWjhVaHh6YzJmNmZIODNCdGpmVWVDZXBGNkFDb1NhXzJtbXFzd0dwdERTV3lEWW5QN29aMEw4MThmUEw0Ql9ET0twMHNzWHItaGxmWWZJb0tGY1Rjc18tczBoNUE4TURhMEI1ajVwY1dXWmRFZGhKcXVfWS1NUVJrV2dzbkEtM2VQTXVpbXFwWXdNZTJlUHlXZmMyaW5JVXpUMkhDNDJuQ0hwRUhyN0lBRGd2NjJVdlBOcVVHQVk?oc=5) · PR Newswire

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=32838 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/6.json (key "32838", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide