Community 1St Bk CA (CFBN) 4.2300 $CFBN
Community 1st Bank Earns $172,000 in First Quarter, an Increase of 65% from the Prior Year
BusinessWire - Fri May 06, 4:50PM CDT
Community 1st Bank (OTC Pink: CMYF) reported net income of $171,604 or $0.16 per share for the first quarter of 2016, up from $104,213 or $0.10 per common share for the same period during 2015. Total assets at March 31, 2016 were $102.4 million, an increase of $8.3 million or 8.84% from March 2015. Total loans increased $3.1 million to $60.7 million and total deposits increased $7.7 million to $90.4 million. As of March 31, 2016 there were no non-performing assets.
Community 1st Bancorp Reports Results for the Quarter Ended March 31, 2016
BusinessWire - Thu Apr 28, 4:00PM CDT
Community 1st Bancorp (OTCBB:CFBN), with $298.0 million in total assets, today reported net income of $245 thousand, or $0.04 per diluted share for the period ended March 31, 2016, compared to $229.3 million in total assets, and net income of $290 thousand, or $0.04 per diluted share, for the period ended March 31, 2015.
Community 1st Bank Demonstrates Strong Momentum with 2015 Fourth Quarter Earnings
BusinessWire - Tue Feb 02, 5:40PM CST
Community 1st Bank (OTC Pink: CMYF) reported net income of $577,475 for the year ending December 31, 2015, compared to $657,348 for the same period in the prior year. Pretax net income increased $346,929 in 2015 to $848,277 up from $501,348 in the prior year. Total assets at December 31, 2015 were $97.1 million, an increase of $3.1 million or 3.33% from the prior year end. Total loans increased $6.8 million to $64.9 million and total deposits increased $2.5 million to $85.4 million. There were no non-performing assets for the period, representing a decrease from 0.20% from the prior year.
Community 1st Bancorp Reports Results for the Quarter Ended and Year Ended December 31, 2015
BusinessWire - Thu Jan 28, 7:16PM CST
Community 1st Bancorp (OTCBB: CFBN), with $263.8 million in assets, today reported net income of $282 thousand for the quarter ended December 31, 2015, and net income of $1.22 million for the year ended December 31, 2015. Community 1st Bancorp (the "Company"
became the parent company for Community 1st Bank (the "Bank" on December 29, 2015.
Community 1st Bancorp declares reorganisation of its subsidiary bank and the company
M2 - Tue Jan 05, 6:13AM CST
Community 1st Bancorp (OTCBB:CFBN) revealed on Tuesday that it completed the reorganisation of the company and its wholly owned subsidiary Community 1st Bank, on 29 December 2015.
Community 1st Bancorp Announces Reorganization;Announces the Close of Sub-Debt Issuance
BusinessWire - Mon Jan 04, 6:16PM CST
Community 1st Bancorp (OTCBB:CFBN), announced that on December 29, 2015, it completed the reorganization of Community 1st Bank ("Bank" and Community 1st Bancorp ("Bancorp", a bank holding company for the Bank. The reorganization was executed through a share exchange in which the Bank's shareholders received one share of common stock of Bancorp in exchange for each share of the Bank's common stock. Bancorp's common stock is quoted upon the OTC Markets under the same symbol "CFBN." Bancorp is a new corporation which was organized for the sole purpose of forming a bank holding company, and its principal executive officers and directors will be the same as those of the Bank.
Community 1st Bank announces receipt of approval to form bank holding company and reports resignation of board director
M2 - Wed Dec 23, 3:39AM CST
Community 1st Bank (OTCBB:CFBN) declared on Wednesday that it has received all necessary regulatory approvals for the reorganisation of the bank and Community 1st Bancorp (bancorp), a bank holding company for the bank.
Community 1st Bank Receives Approval to Form Bank Holding Company; Announces Change to Board of Directors
BusinessWire - Tue Dec 22, 4:46PM CST
Community 1st Bank (OTCBB:CFBN), announced that it has received all regulatory approvals necessary for the reorganization of the Bank and Community 1st Bancorp ("Bancorp", a bank holding company for the Bank. The proposed reorganization is expected to be completed on December 29, 2015, through a share exchange in which the Bank's shareholders will receive one share of common stock of Bancorp in exchange for each share of the Bank's common stock, including shares of Bank common stock issued upon the mandatory conversion of the Bank's Series C preferred stock. The Bank issued 1,018,141 shares of common stock in connection with the mandatory conversion of the Series C preferred stock. After December 29, 2015, Bancorp's common stock will be quoted upon the OTC Markets under the same symbol "CFBN". Bancorp is a new corporation which was organized for the sole purpose of forming a bank holding company, and its principal executive officers and directors will be the same as those of the Bank.
Community 1st Bank to Form Bank Holding Company
BusinessWire - Thu Nov 19, 1:03PM CST
Community 1st Bank (OTCBB: CFBN), announced that on November 16, 2015, the Bank's shareholders approved the formation of a bank holding company for the Bank. The proposed reorganization will be effected through a share exchange in which each of the Bank's shareholders will receive one share of common stock of Community 1st Bancorp ("Bancorp" in exchange for each share of the Bank's common stock, including shares of common stock to be issued upon the conversion of the Bank's Series C preferred stock. Bancorp is a new corporation that is being organized for the purpose of the reorganization, and its principal executive officers and directors will be the same as those of the Bank.
Community 1st Bank's Third Quarter of 2015 Reflects Continued Positive Growth
BusinessWire - Wed Nov 04, 4:14PM CST
Community 1st Bank (OTC Pink:CMYF) reported pretax net income of $593,869, compared to $373,418 in the prior year. Net income after taxes was $405,318 for the nine months ending September 30, 2015, compared to $490,418 for the same period in the prior year. The change in after tax earnings is due to a $259,000 net tax effect which is the cumulative effect of income tax expense of $155,000 recognized during 2015 year to date, as opposed to income tax benefit of $104,000 for the same period in the prior year. Total assets at September 30, 2015 were $98.4 million, an increase of $4.4 million or 4.68% from the prior year end. For the first nine months of 2015 total loans increased to $6.7 million and total deposits increased $3.7 million to $86.6 million. There are no non-performing assets for the period, representing a decrease from 0.20% as of September 30, 2015.
Community 1st Bank Reports Results for the Quarter Ended September 30, 2015
BusinessWire - Tue Oct 27, 7:44PM CDT
Community 1st Bank (OTCBB:CFBN), with $243.4 million in assets, today reported net income of $334 thousand for the quarter ended September 30, 2015.
Community 1st Bank's board approves formation of bank holding company
M2 - Fri Oct 09, 6:00AM CDT
The board of directors of Community 1st Bank (OTCBB:CFBN) authorised the formation of a bank holding company for the bank, it reported on Friday.
Bev Hoeft Joins Community 1st Bank
BusinessWire - Mon Sep 14, 8:00AM CDT
Community 1st Bank (OTCBB:CFBN), announced that Bev Hoeft has joined Community 1st Bank as Senior Vice President and Senior Relationship Manager. "We are delighted to welcome Bev to our team at Community 1st Bank," stated James J. Kim, President and Chief Executive Officer. "Bev is an experienced banker in the Sacramento marketplace with a reputation for excellent client service."
Kevin R. Watson Joins Community 1st Bank as Chief Financial Officer
BusinessWire - Thu Sep 03, 8:46PM CDT
Community 1st Bank (OTCBB:CFBN), announced that Kevin R. Watson has joined Community 1st Bank as Executive Vice President and Chief Financial Officer. "We are delighted to have Kevin join the leadership team at Community 1st Bank," stated James J. Kim, President and Chief Executive Officer. "Kevin is highly respected with a successful and tenured career in the banking industry. Kevin's track record of improving financial performance and strategic leadership will be a valuable addition to the Bank."
Community 1st Bank Demonstrates Strong Momentum with Second Quarter Earnings
BusinessWire - Wed Jul 29, 2:16PM CDT
Community 1st Bank (OTCPink: CMYF) reported pretax net income of $356,045 for the first half of 2015, compared to $300,051 for the same period in the prior year. Total assets at June 30, 2015 were $95.1 million, an increase of $6.7 million or 7.83% from the prior year. For the first six months of 2015, total loans increased to $62.5 million and total deposits increased slightly to $84.3 million. There are no non-performing assets for the period, representing a decrease from 0.26% as of June 30, 2014.
Community 1st Bank Reports Results for the Quarter Ended June 30, 2015
BusinessWire - Tue Jul 21, 4:00AM CDT
Community 1st Bank (OTCBB:CFBN), with $231.6 million in assets, today reported net income of $326 thousand for the quarter ended June 30, 2015.
Community 1st Bank Demonstrates Strong Momentum with First Quarter Earnings
BusinessWire - Mon May 11, 3:22PM CDT
Community 1st Bank (OTC Pink: CMYF) reported pretax net income for the first quarter of 2015 of $158,864 or $0.15 per share, a 122.8% increase, as compared to $71,290 or $0.07 per share for the first quarter of 2014. Total assets at March 31, 2015 were $94.1 million, a slight increase from $94.0 million at December 31, 2014.
Community 1st Bank Reports Results for the Quarter Ended March 31, 2015
BusinessWire - Tue Apr 28, 4:00PM CDT
Community 1st Bank (OTCBB: CFBN), with $229.3 million in assets, today reported net income of $290 thousand, which was net of the provision for income taxes of $196 thousand. The first quarter of 2015 marks the first period the Bank was fully taxable. Net income before taxes was $486 thousand for the quarter ended March 31, 2015, representing an increase of $375 thousand, or 338%, as compared to the prior year.
Community 1st Bank Earns $172,000 in First Quarter, an Increase of 65% from the Prior Year
BusinessWire - Fri May 06, 4:50PM CDT
Community 1st Bank (OTC Pink: CMYF) reported net income of $171,604 or $0.16 per share for the first quarter of 2016, up from $104,213 or $0.10 per common share for the same period during 2015. Total assets at March 31, 2016 were $102.4 million, an increase of $8.3 million or 8.84% from March 2015. Total loans increased $3.1 million to $60.7 million and total deposits increased $7.7 million to $90.4 million. As of March 31, 2016 there were no non-performing assets.
Community 1st Bancorp Reports Results for the Quarter Ended March 31, 2016
BusinessWire - Thu Apr 28, 4:00PM CDT
Community 1st Bancorp (OTCBB:CFBN), with $298.0 million in total assets, today reported net income of $245 thousand, or $0.04 per diluted share for the period ended March 31, 2016, compared to $229.3 million in total assets, and net income of $290 thousand, or $0.04 per diluted share, for the period ended March 31, 2015.
Community 1st Bank Demonstrates Strong Momentum with 2015 Fourth Quarter Earnings
BusinessWire - Tue Feb 02, 5:40PM CST
Community 1st Bank (OTC Pink: CMYF) reported net income of $577,475 for the year ending December 31, 2015, compared to $657,348 for the same period in the prior year. Pretax net income increased $346,929 in 2015 to $848,277 up from $501,348 in the prior year. Total assets at December 31, 2015 were $97.1 million, an increase of $3.1 million or 3.33% from the prior year end. Total loans increased $6.8 million to $64.9 million and total deposits increased $2.5 million to $85.4 million. There were no non-performing assets for the period, representing a decrease from 0.20% from the prior year.
Community 1st Bancorp Reports Results for the Quarter Ended and Year Ended December 31, 2015
BusinessWire - Thu Jan 28, 7:16PM CST
Community 1st Bancorp (OTCBB: CFBN), with $263.8 million in assets, today reported net income of $282 thousand for the quarter ended December 31, 2015, and net income of $1.22 million for the year ended December 31, 2015. Community 1st Bancorp (the "Company"
became the parent company for Community 1st Bank (the "Bank" on December 29, 2015. Community 1st Bancorp declares reorganisation of its subsidiary bank and the company
M2 - Tue Jan 05, 6:13AM CST
Community 1st Bancorp (OTCBB:CFBN) revealed on Tuesday that it completed the reorganisation of the company and its wholly owned subsidiary Community 1st Bank, on 29 December 2015.
Community 1st Bancorp Announces Reorganization;Announces the Close of Sub-Debt Issuance
BusinessWire - Mon Jan 04, 6:16PM CST
Community 1st Bancorp (OTCBB:CFBN), announced that on December 29, 2015, it completed the reorganization of Community 1st Bank ("Bank"
and Community 1st Bancorp ("Bancorp", a bank holding company for the Bank. The reorganization was executed through a share exchange in which the Bank's shareholders received one share of common stock of Bancorp in exchange for each share of the Bank's common stock. Bancorp's common stock is quoted upon the OTC Markets under the same symbol "CFBN." Bancorp is a new corporation which was organized for the sole purpose of forming a bank holding company, and its principal executive officers and directors will be the same as those of the Bank. Community 1st Bank announces receipt of approval to form bank holding company and reports resignation of board director
M2 - Wed Dec 23, 3:39AM CST
Community 1st Bank (OTCBB:CFBN) declared on Wednesday that it has received all necessary regulatory approvals for the reorganisation of the bank and Community 1st Bancorp (bancorp), a bank holding company for the bank.
Community 1st Bank Receives Approval to Form Bank Holding Company; Announces Change to Board of Directors
BusinessWire - Tue Dec 22, 4:46PM CST
Community 1st Bank (OTCBB:CFBN), announced that it has received all regulatory approvals necessary for the reorganization of the Bank and Community 1st Bancorp ("Bancorp"
, a bank holding company for the Bank. The proposed reorganization is expected to be completed on December 29, 2015, through a share exchange in which the Bank's shareholders will receive one share of common stock of Bancorp in exchange for each share of the Bank's common stock, including shares of Bank common stock issued upon the mandatory conversion of the Bank's Series C preferred stock. The Bank issued 1,018,141 shares of common stock in connection with the mandatory conversion of the Series C preferred stock. After December 29, 2015, Bancorp's common stock will be quoted upon the OTC Markets under the same symbol "CFBN". Bancorp is a new corporation which was organized for the sole purpose of forming a bank holding company, and its principal executive officers and directors will be the same as those of the Bank. Community 1st Bank to Form Bank Holding Company
BusinessWire - Thu Nov 19, 1:03PM CST
Community 1st Bank (OTCBB: CFBN), announced that on November 16, 2015, the Bank's shareholders approved the formation of a bank holding company for the Bank. The proposed reorganization will be effected through a share exchange in which each of the Bank's shareholders will receive one share of common stock of Community 1st Bancorp ("Bancorp"
in exchange for each share of the Bank's common stock, including shares of common stock to be issued upon the conversion of the Bank's Series C preferred stock. Bancorp is a new corporation that is being organized for the purpose of the reorganization, and its principal executive officers and directors will be the same as those of the Bank. Community 1st Bank's Third Quarter of 2015 Reflects Continued Positive Growth
BusinessWire - Wed Nov 04, 4:14PM CST
Community 1st Bank (OTC Pink:CMYF) reported pretax net income of $593,869, compared to $373,418 in the prior year. Net income after taxes was $405,318 for the nine months ending September 30, 2015, compared to $490,418 for the same period in the prior year. The change in after tax earnings is due to a $259,000 net tax effect which is the cumulative effect of income tax expense of $155,000 recognized during 2015 year to date, as opposed to income tax benefit of $104,000 for the same period in the prior year. Total assets at September 30, 2015 were $98.4 million, an increase of $4.4 million or 4.68% from the prior year end. For the first nine months of 2015 total loans increased to $6.7 million and total deposits increased $3.7 million to $86.6 million. There are no non-performing assets for the period, representing a decrease from 0.20% as of September 30, 2015.
Community 1st Bank Reports Results for the Quarter Ended September 30, 2015
BusinessWire - Tue Oct 27, 7:44PM CDT
Community 1st Bank (OTCBB:CFBN), with $243.4 million in assets, today reported net income of $334 thousand for the quarter ended September 30, 2015.
Community 1st Bank's board approves formation of bank holding company
M2 - Fri Oct 09, 6:00AM CDT
The board of directors of Community 1st Bank (OTCBB:CFBN) authorised the formation of a bank holding company for the bank, it reported on Friday.
Bev Hoeft Joins Community 1st Bank
BusinessWire - Mon Sep 14, 8:00AM CDT
Community 1st Bank (OTCBB:CFBN), announced that Bev Hoeft has joined Community 1st Bank as Senior Vice President and Senior Relationship Manager. "We are delighted to welcome Bev to our team at Community 1st Bank," stated James J. Kim, President and Chief Executive Officer. "Bev is an experienced banker in the Sacramento marketplace with a reputation for excellent client service."
Kevin R. Watson Joins Community 1st Bank as Chief Financial Officer
BusinessWire - Thu Sep 03, 8:46PM CDT
Community 1st Bank (OTCBB:CFBN), announced that Kevin R. Watson has joined Community 1st Bank as Executive Vice President and Chief Financial Officer. "We are delighted to have Kevin join the leadership team at Community 1st Bank," stated James J. Kim, President and Chief Executive Officer. "Kevin is highly respected with a successful and tenured career in the banking industry. Kevin's track record of improving financial performance and strategic leadership will be a valuable addition to the Bank."
Community 1st Bank Demonstrates Strong Momentum with Second Quarter Earnings
BusinessWire - Wed Jul 29, 2:16PM CDT
Community 1st Bank (OTCPink: CMYF) reported pretax net income of $356,045 for the first half of 2015, compared to $300,051 for the same period in the prior year. Total assets at June 30, 2015 were $95.1 million, an increase of $6.7 million or 7.83% from the prior year. For the first six months of 2015, total loans increased to $62.5 million and total deposits increased slightly to $84.3 million. There are no non-performing assets for the period, representing a decrease from 0.26% as of June 30, 2014.
Community 1st Bank Reports Results for the Quarter Ended June 30, 2015
BusinessWire - Tue Jul 21, 4:00AM CDT
Community 1st Bank (OTCBB:CFBN), with $231.6 million in assets, today reported net income of $326 thousand for the quarter ended June 30, 2015.
Community 1st Bank Demonstrates Strong Momentum with First Quarter Earnings
BusinessWire - Mon May 11, 3:22PM CDT
Community 1st Bank (OTC Pink: CMYF) reported pretax net income for the first quarter of 2015 of $158,864 or $0.15 per share, a 122.8% increase, as compared to $71,290 or $0.07 per share for the first quarter of 2014. Total assets at March 31, 2015 were $94.1 million, a slight increase from $94.0 million at December 31, 2014.
Community 1st Bank Reports Results for the Quarter Ended March 31, 2015
BusinessWire - Tue Apr 28, 4:00PM CDT
Community 1st Bank (OTCBB: CFBN), with $229.3 million in assets, today reported net income of $290 thousand, which was net of the provision for income taxes of $196 thousand. The first quarter of 2015 marks the first period the Bank was fully taxable. Net income before taxes was $486 thousand for the quarter ended March 31, 2015, representing an increase of $375 thousand, or 338%, as compared to the prior year.
