Community First Bank
Lynchburg, VA — Domestic Branch of a Domestic Bank
Acquired Apr 2006
Vitals
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Total Assets155.4M -2.3 %
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Total Deposits141.7M -2.1 %
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Total Net Loans135.7M 2.0 %
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Net Income
-
Book Value12.6M -8.8 %
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Book Value x225.2M -8.8 %
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Book Value x337.8M -8.8 %
Balance Sheet Highlights
| Financial Highlights | Community First Bank | All Insured Commercial Banks in Virginia |
| Balance Sheet $(000) | ||
| Total Assets | 155,386 | 323,702 |
| Total Net Loans | 135,678 | 231,390 |
| Total Deposits | 141,687 | 262,309 |
| Total Equity | 12,616 | 31,716 |
| Profitability | ||
| Net Income | — | 4,558 |
| Return on Average Assets | — | 1.118 |
| Return on Average Equity | — | 11.517 |
| Net Interest Margin | 4.201 | 4.196 |
| Efficiency Ratio | 259.13 | 66.465 |
| Noninterest Income/Revenue | 3.561 | 13.23 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 95.759 | 84.785 |
| Securities/Assets | .046 | .678 |
| Total Equity/Total Assets | .081 | .098 |
| Tangible Equity/Tangible Assets | .081 | -.267 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 12,717 | 29,779 |
| Tier 2 Capital | 1,588 | 2,748 |
| Total Capital | 14,305 | 32,832 |
| Total Risk Weighted Assets | 144,294 | 243,429 |
| Leverage Ratio | 8.13 | 10.082 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 8.81 | 13.555 |
| Total Capital Ratio | 9.91 | 14.752 |
Timeline for Community First Bank
American National Bank And Trust Company
Community First Bank was acquired by American National Bank And Trust Company 18 years
View Profile Apr 01 2006
Community First Financial Corporation
Community First Financial Corporation became a new parent organization for Community First Bank.
View Profile Jul 01 2002
Community First Bank
Community First Bank was established 24 years ago and is currently headquartered in Lynchburg, VA.
Oct 14 1999| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| American National Bank And Trust Company | Buyer | 1,611,624 | Acquisition | Discontinued | 4/1/2006 |
| Relationships | Role | Relationship Start | Relationship End |
| Community First Financial Corporation | Parent | 7/1/2002 | 3/31/2006 |
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