Community First Bank
FDIC #11595
📍 Boscobel, Wisconsin
Community First Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in 01/01/1871. With assets of $575.97 Million, it operates 10 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: August 12, 2024
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
August 12, 2024
Satisfactory
August 2, 2021
Satisfactory
April 2, 2018
Satisfactory
💰 Financial Strength
Total Assets$575.97 Million
Total Deposits$505.14 Million
Equity Capital$39.55 Million
Net Income$3.12 Million
📈 Performance
ROA0.71%
ROE9.48%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established01/01/1871
FDIC Cert11595
Holding CoBoscobel Bcorp Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:00 AM - 4:00 PM
Tuesday8:00 AM - 4:00 PM
Wednesday8:00 AM - 4:00 PM
Thursday8:00 AM - 4:00 PM
Friday8:00 AM - 5:00 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2016
Merger / Acquisition
Acquired: Livingston State Bank
1996
Name Change
Name became: Changed Institution Name To Community First Bank.
1994
Relocation
Moved HQ to: 925 Wisconsin Avenue, Boscobel, WI 53805.