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Community First Bancorp (Community First Bancorp) Net Interest Margin (Bank Only) % : 3,258.81% (As of Mar. 2024)


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What is Community First Bancorp Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Community First Bancorp's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was $19,654 Mil. Community First Bancorp's average earning assets for the quarter that ended in Mar. 2024 was $603 Mil. Therefore, Community First Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 3,258.81%.


Community First Bancorp Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Community First Bancorp's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Community First Bancorp Net Interest Margin (Bank Only) % Chart

Community First Bancorp Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.57 4.57 3.40 4.00 3.76

Community First Bancorp Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.26 4.60 - 3.55 3,258.81

Competitive Comparison of Community First Bancorp's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Community First Bancorp's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Community First Bancorp's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Community First Bancorp's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Community First Bancorp's Net Interest Margin (Bank Only) % falls into.



Community First Bancorp Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Community First Bancorp's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=22.252/( (581.696 + 603.115)/ 2 )
=22.252/592.4055
=3.76 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=5.609 + 479.082 + 97.005
=581.696

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=3.682 + 504.926 + 94.507
=603.115

Community First Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2023 ) + Earning Assets (Q: Mar. 2024 ))/ count )
=19654.38/( (603.115 + 0)/ 1 )
=19654.38/603.115
=3,258.81 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=3.682 + 504.926 + 94.507
=603.115

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Mar. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Community First Bancorp  (OTCPK:CFOK) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Community First Bancorp Net Interest Margin (Bank Only) % Related Terms

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Community First Bancorp (Community First Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
449 Highway 123 Bypass, Seneca, SC, USA, 29678
Community First Bancorp operates as a bank holding company that engages in the provision of domestic commercial banking services. It offers various deposit products, including regular savings accounts, money market accounts, and term certificate accounts. Its services include cashier's checks, direct deposit, wire transfers, notary services, night depository, and bank by mail.
Executives
Robert H Edwards director 449 HIGHWAY 123 BYPASS, SENECA SC 29678
Frederick D Shepherd director, officer: President PO BOX 1097, WALHALLA SC 29691
James E Mccoy director PO BOX 100, WALHALLA SC 29691
Gary V Thrift director PO BOX 2125, SENECA SC 29679
Charles Winchester director PO BOX 456, SALEM SC 29676
William Brown director PO BOX 794, SENECA SC 29679-0794
Larry Bowman director 10630 CLEMSON BLVD, STE 100, SENECA SC 29678
John R Hamrick director 896 N WALNUT STREET, SENECA SC 29678
James Edward Turner director 449 HIGHWAY 123 BYPASS, SENECA SC 29678
Blake Griffith director PO BOX 1628, WEST UNION SC 29696

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