News & Videos - COMMUNITIES FIRST FINANCIAL CFST

FRESNO, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- FFB Bancorp (the “Company”) (OTCQX: FFBB), the parent company of FFB Bank (the “Bank”), today announced that its Board of Directors (the “Board”) has authorized a plan to utilize up to $7.5 million of capital to repurchase shares of the Company’s common stock, which represents approximately 5.4% of total shareholders’ equity at March 31, 2024. Under the terms of the repurchase plan, the Company may repurchase shares of the...

FRESNO, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- FFB Bancorp (the “Company”) (OTCQX: FFBB), the parent company of FFB Bank (the “Bank”), today reported net income of $7.79 million, or $2.46 per diluted share, for the first quarter of 2024, compared to $7.70 million, or $2.42 per diluted share, for the first quarter of 2023, and increased 3% from $7.57 million, or $2.38 per diluted share for the fourth quarter of 2023. All results are unaudited. First Quarter 2024 Highlights: As of, or...

FRESNO, Calif., Jan. 24, 2024 (GLOBE NEWSWIRE) -- FFB Bancorp (the “Company”) (OTCQX: FFBB), the parent company of FFB Bank (the “Bank”), today reported net income of $7.57 million, or $2.38 per diluted share, for the fourth quarter of 2023, compared to $7.62 million, or $2.42 per diluted share, for the fourth quarter of 2022, and decreased 15% from $8.87 million, or $2.79 per diluted share for the third quarter of 2023. For the year ended December 31, 2023, net income increased 27% to...

FRESNO, Calif, Oct. 18, 2023 (GLOBE NEWSWIRE) -- FFB Bancorp (the “Company”) (OTCQX: FFBB), formerly Communities First Financial Corporation, the parent company of FFB Bank (the “Bank”), today reported net income increased 28% to $8.87 million, or $2.79 per diluted share, for the third quarter of 2023, compared to $6.91 million, or $2.20 per diluted share, for the third quarter of 2022, and declined 6% from $9.42 million, or $2.97 per diluted share for the second quarter of 2023. Third...

FRESNO, Calif., Sept. 25, 2023 (GLOBE NEWSWIRE) -- FFB Bancorp, formerly Communities First Financial Corporation (the “Company”) (OTCQX: FFBB), the parent company of FFB Bank (the “Bank”), announced today that Steve Miller, President and Chief Executive Officer, will be taking a temporary leave of absence to be with his spouse and family, effective September 25, 2023. His return to work will be determined at a later date. Bhavneet Gill, Executive Vice President and Chief Financial...

FRESNO, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) -- FFB Bancorp, formerly Communities First Financial Corporation (the “Company”) (OTCQX: FFBB), the parent company of FFB Bank (the “Bank”), announced today that it has received approval from FINRA to officially change its ticker symbol from “CFST” to “FFBB” effective at the market open on August 30, 2023. The Company’s common stock will continue to be traded on the OTCQX and the CUSIP number will not be changing. The decision to...

FRESNO, Calif., July 19, 2023 (GLOBE NEWSWIRE) -- FFB Bancorp, formerly Communities First Financial Corporation (the “Company”) (OTCQX: CFST), the parent company of FFB Bank (the “Bank”), today reported net income increased 52% to $9.42 million, or $2.97 per diluted share, for the second quarter of 2023, compared to $6.21 million, or $1.84 per diluted share, for the second quarter of 2022, and increased 22% compared to $7.70 million, or $1.98 per diluted share, for the first quarter of...

FRESNO, Calif., April 19, 2023 (GLOBE NEWSWIRE) -- Communities First Financial Corporation (the “Company”) (OTCQX: CFST), the parent company of FFB Bank (the “Bank”), today reported net income increased 33% to $7.70 million, or $2.43 per diluted share, for the first quarter of 2023, compared to $5.79 million, or $1.84 per diluted share, for the first quarter of 2022, and increased 1% compared to $7.62 million, or $2.42 per diluted share, for the fourth quarter of 2022. First quarter 2023...

FRESNO, Calif., March 13, 2023 (GLOBE NEWSWIRE) -- Communities First Financial Corporation (OCTQX: CFST), parent of Fresno First Bank, today announced that after seventeen years of being known as “Fresno First Bank,” the Fresno Community Bank will be changing its name to “FFB Bank” (the “Bank”). In light of recent events involving certain regional banks, the Bank also announced it continues to maintain strong capital levels and healthy reserves. “With the sudden failure of Silicon...

FRESNO, Calif., Jan. 19, 2023 (GLOBE NEWSWIRE) -- Communities First Financial Corporation (the “Company”) (OTCQX: CFST), the parent company of Fresno First Bank (the “Bank”), today reported net income increased 41% to $7.62 million, or $2.42 per diluted share, for the fourth quarter of 2022 compared to $5.41 million, or $1.74 per diluted share, for the fourth quarter of 2021, and increased 10% compared to $6.91 million, or $2.20 per diluted share, for the third quarter of 2022. For the...

FRESNO, Calif., Sept. 14, 2022 (GLOBE NEWSWIRE) -- Communities First Financial Corporation (the “Company”) (OTCQX: CFST), the holding company of Fresno First Bank (the “Bank”), today announced the appointment of Heather Schwarm to the Board of Directors of Communities First Financial Corporation, expanding the Company’s Board to 10 directors from 9. Ms. Schwarm was also appointed to the Fresno First Bank Board of Directors. Schwarm is an executive-level business professional with 27+...

FRESNO, Calif., July 19, 2022 (GLOBE NEWSWIRE) -- Communities First Financial Corporation (the “Company”) (OTCQX: CFST), the parent company of Fresno First Bank (the “Bank”), today reported a record net income of $6.21 million, or $1.98 per diluted share for the second quarter of 2022, up 9% compared to $5.71 million, or $1.84 per diluted share, for the second quarter of 2021, and up 7% from $5.79 million, or $1.84 per diluted share, for the first quarter of 2022. For the first six...

FRESNO, Calif., May 19, 2022 (GLOBE NEWSWIRE) -- Communities First Financial Corporation (the “Company”) (OTCQX: CFST), the parent company of Fresno First Bank (the “Bank”), today announced that it has been named to American Banker’s Top 200 Publicly Traded Community Banks list. In its May 2022 issue, American Banker ranked Communities First sixth (#6) on the list of 200 top-performing publicly traded community banks with less than $2 billion of assets, and based on 3-year average...

FRESNO, Calif., April 26, 2022 (GLOBE NEWSWIRE) -- Communities First Financial Corporation (the “Company”) (OTCQX: CFST), the parent company of Fresno First Bank (the “Bank”), today announced that Steve Canfield will retire from his position as Executive Vice President and Chief Financial Officer, effective January 3, 2023. The Board of Directors has retained executive search firm Chrisman and Company to assist in the process of identifying his successor. Canfield will participate in the...

FRESNO, Calif., Jan. 19, 2022 (GLOBE NEWSWIRE) -- Communities First Financial Corporation (the “Company”) (OTCQX: CFST), the parent company of Fresno First Bank (the “Bank”), today reported net income increased 66% to $5.41 million, or $1.74 per diluted share for the fourth quarter of 2021 (4Q-2021), compared to $3.25 million, or $1.07 per diluted share for the fourth quarter of 2020 (4Q-2020), and increased 4% from $5.22 million, or $1.68 per diluted share for the third quarter of 2021...

FRESNO, Calif., Dec. 20, 2021 (GLOBE NEWSWIRE) -- Communities First Financial Corporation (the “Company”) (OTCQX: CFST), the parent company of Fresno First Bank (the “Bank”), today announced that it ranked third amongst the Best Community Banks and for their Best Growth Strategy by Bank Director, boasting a strong total shareholder return (“TSR”) from 2015 through 2020 at 205%, and a return of average assets (“ROAA”) of 1.60%, at the end of 2020. Bank Director is the leading...

FRESNO, Calif., July 20, 2021 (GLOBE NEWSWIRE) -- Communities First Financial Corporation (the “Company”) (OTCQX: CFST), the parent company of Fresno First Bank (the “Bank”), today reported net income increased 92% to $5.71 million, or $1.84 per diluted share for the second quarter of 2021 (2Q-2021), compared to $2.98 million, or $0.98 per diluted share for the second quarter of 2020 (2Q-2020), and grew 36% from $4.20 million, or $1.35 per diluted share for the first quarter of 2021...

FRESNO, Calif., May 05, 2021 (GLOBE NEWSWIRE) -- Communities First Financial Corporation (the “Company”) (OTCQX: CFST), the parent company of Fresno First Bank (“FFB” or “the Bank”), today announced that the Bank has received the highest rating, “Outstanding,” for its recent Community Reinvestment Act (CRA) examination from the Federal Deposit Insurance Corporation (FDIC), San Francisco Regional Office. The examination period includes the years: 2018, 2019 and 2020. “We are...

FRESNO, Calif., April 20, 2021 (GLOBE NEWSWIRE) -- Communities First Financial Corporation (the “Company”) (OTCQX: CFST), the parent company of Fresno First Bank (the “Bank”), today reported net income increased 86% to $4.20 million, or $1.37 per diluted share for the first quarter of 2021 (1Q-2021), compared to $2.26 million, or $0.75 per diluted share, for the first quarter of 2020 (1Q-2020), and grew 29% compared to $3.25 million, or $1.07 per diluted share, for the fourth quarter of...

FRESNO, Calif., Jan. 20, 2021 (GLOBE NEWSWIRE) -- Communities First Financial Corporation (the “Company”) (OTCQX: CFST), the parent company of Fresno First Bank (the “Bank”), today reported net income increased 27% to $3.25 million, or $1.07 per diluted share for the fourth quarter of 2020 (4Q-2020), compared to $2.98 million, or $0.86 per diluted share, for the fourth quarter of 2019 (4Q-2019), and grew 8% from $3.02 million, or $1.00 per diluted share, for the third quarter of 2020...