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 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 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 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 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.