Community First Bancorporation, Inc. Announces 2019 Second Quarter Earnings
(Seneca, SC)—Community First Bancorporation, Inc., parent company of Community First Bank, Inc., reported total consolidated earnings of $268,000 for the second quarter of 2019, compared to earnings of $454,000 for the second quarter of 2018.
Earnings for the first six months of 2019 were $585,000 compared to $794,000 for the first six months of 2018.
According to the press release that was issued, one of the primary differences between the 2019 period and the 2018 period is the recognition of income tax expense.
Total assets, according to the press release, as of June 30th of this year is $405,670,000 compared to total assets of $376,638,000 as of June 30th, 2018.