# COMMUNITY FIRST BANK
SOMERSET, NJ · FDIC certificate 58782 · asset band <$300M · latest filing 2016-03 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 8 (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 | $87.6M | |
| Deposits | $79.1M | |
| Loans and leases | $80.1M | |
| Total equity | $8.2M | |
| Loans / deposits | 99.86% (p92 of band) | 72.92% |
| Liquid assets / assets | 8.59% (p3 of band) | |
| Uninsured deposits / deposits | 19.08% (p71 of band) | 13.88% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.14% (p21 of band) | 10.70% |
| Unrealized securities loss / equity | 0.66% (p39 of band) | 1.19% |
| AOCI / equity | 0.70% (p57 of band) | |
| ROA (annualized) | -1.18% (p2 of band) | 0.83% |
| Net interest margin | 3.73% (p56 of band) | 3.64% |
| Efficiency ratio | 127.98% (p98 of band) | |
| Noncurrent loans | 4.57% (p96 of band) | 0.70% |
| Net charge-offs (annualized) | 0.00% (p60 of band) | |
| Reserve coverage of noncurrent | 32.04% | |
| Real estate % of loans | 90% | |
| Construction % of loans | 81.31% (p92 of band) | |
| Auto loans | $114,000 (0.14% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -12.3% | |
| Employees | 22 | |

## Flags firing in the latest filing

- **liquid assets <10%** (`liq_thin`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | losing money, expense ratio p90 |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 3 | capital falling |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 3 |  |  |
| 2012-06 | 3 |  |  |
| 2012-09 | 3 |  |  |
| 2012-12 | 1 |  | losing money, expense ratio p90 |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 2 | reserve under noncurrent |  |
| 2013-12 | 2 | construction >100% equity | reserve under noncurrent |
| 2014-03 | 1 |  | capital falling |
| 2014-06 | 2 | reserve under noncurrent |  |
| 2014-09 | 2 | capital falling | construction >100% equity |
| 2014-12 | 2 |  |  |
| 2015-03 | 1 |  | capital falling |
| 2015-06 | 3 | losing money, noncurrent p90 |  |
| 2015-09 | 4 | expense ratio p90 |  |
| 2015-12 | 4 |  |  |
| 2016-03 | 8 | liquid assets <10%, deposits shrinking, assets shrinking, uninsured deposits leaving |  |

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

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2023-03-30 [First Bank - Real Estate NJ](https://news.google.com/rss/articles/CBMiQ0FVX3lxTE5XM1N2aVFyUlV3and6QU02bUNvU3FUbHQ3NTJlZjNHWjVjMHFiZFRxZHRCZjJ2blVMeEJqQ2JldjJYcms?oc=5) · Real Estate NJ
- 2024-06-24 [Credit unions have been buying up banks. Here’s a running list from 2024. - Banking Dive](https://news.google.com/rss/articles/CBMie0FVX3lxTFBOREJfRnRFejN3SWJuYmNiR0NuUUpINThmcE5BbFcxX0xUZnNLRm9ieEw1Uldjb1o3em9FLU4tUjhNV2V6Rm5aZHl6ZFVXZ050dFFOWFV3YjVLX3lBbGxMZFZTX25YSXMwNFMtVDhJZjJqM2NYem9yTGhTMA?oc=5) · Banking Dive
- 2026-06-12 [Unity Bank appoints Sooy and Gaburo to its board of directors - ROI-NJ](https://news.google.com/rss/articles/CBMipwFBVV95cUxOZ2h4c2prOExNeml0alZ4MnpkVnRBM3A5d0tiZHpqS1FPOHdGLU5qNXFQbEJRbWR2eGpOaXp0MDV0c3pGSDdrbzVxMTIwMVdOVTRodmxFUFpGWHFyenA2ZlF6MW9FNDlldVRSaXRmTjVtTGJlS1V5aFZ4YW1nN3ZZZUhBS0ppYlR5UzQ4d2tKWC16YUtYeGh4UTVZRFVVVDhpLWJWenVocw?oc=5) · ROI-NJ
- 2026-06-11 [Unity Bank Adds Sara Sooy and Alfred Gaburo to Board of Directors - citybiz.co](https://news.google.com/rss/articles/CBMipwFBVV95cUxOMFM5Z3pQOTIyVXRGcHAtLUIyR21pYklIRzFzRGRuVjBHTjROYno5OTZnU1AzYU5ILXlsUDlIWU9EbnJOV1NtR0tFNGFDY2VTSzBzWnJPeldNR2VhTWJ3MGo0N3k3c3NmdUczWDhzZE5WOU96Tml3cktfcUhqclJVanhLaDVhZGZiV2EtN0o3REJOc0JhSFRZdG1RX19LQWtmU2t1cmVCTQ?oc=5) · citybiz.co
- 2026-08-24 [Failed Banks In The US: An Analysis By Year, Size And More - Forbes](https://news.google.com/rss/articles/CBMibEFVX3lxTE9SRkVrQmdfS2FWVWlBdzNCcy1OTlAyNlVSUEpoMG5WVllXR0V1dW5NSFBRSW91OUFjZ055S3dyS3RaaVg3dVc3UU12XzhENE5nanJFeEExR016RTR4Y1BERHVJSHlzSDNqS3pUWQ?oc=5) · Forbes
- 2024-12-04 [List of Recent Failed Banks in the United States (2023-2024) - Norada Real Estate Investments](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zaWFvQzhqc24zdE1QZ1haYnk2b1NsLWxONmNTTV9jVldzbjZqLUM1NV85U3dyaENaUGhWVm0wdllpUlNMZlIteHExdVUzS0JTdXlRWTJiUGJfaEtZSk5wcWhNNG1ZS0U5Y0Vz?oc=5) · Norada Real Estate Investments
- 2026-06-12 [Unity Bank Appoints Sara M. Sooy and Alfred J. Gaburo to Board of Directors - Parsippany Focus](https://news.google.com/rss/articles/CBMipAFBVV95cUxOMVhzNkRuemhLOEhReXNfTktHSG11a0NNMjF5Vk01bFNZMmFpQWtySVhkTmdOSnhkN1ZFU25MaTBLNzMzVU5NVkkydVlCVUF6d3NiTUVsM2F3c3lIaUNGRjhadDMzdE50UlJfY3Bkb01XWGRERjdyV21BYnREaEozTmpEb2txWElEblZVR0tEMzBfVkxGZ3pSbGdaZUVQMU5OTjU3Qw?oc=5) · Parsippany Focus

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58782 (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/30.json (key "58782", 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