OTCPK:CFOK

Stock Analysis Report

Community First Bancorporation

Executive Summary

Community First Bancorporation operates as the bank holding company for Community First Bank that provides commercial banking products and services to personal and business customers in the United States.

Snowflake

Fundamentals

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

How has Community First Bancorporation's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.3%

CFOK

1.4%

US Banks

1.0%

US Market


1 Year Return

-18.8%

CFOK

0.2%

US Banks

6.7%

US Market

Return vs Industry: CFOK underperformed the US Banks industry which returned 0.2% over the past year.

Return vs Market: CFOK underperformed the US Market which returned 6.7% over the past year.


Shareholder returns

CFOKIndustryMarket
7 Day-1.3%1.4%1.0%
30 Day-1.1%-2.6%-1.8%
90 Day-4.1%0.8%-1.8%
1 Year-18.8%-18.8%3.1%0.2%9.1%6.7%
3 Year9.2%9.2%52.0%41.5%46.1%36.6%
5 Year117.8%117.8%69.7%51.2%66.9%48.6%

Price Volatility Vs. Market

How volatile is Community First Bancorporation's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Community First Bancorporation undervalued compared to its fair value and its price relative to the market?

7.33x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: CFOK ($7.1) is trading above our estimate of fair value ($0.29)

Significantly Undervalued: CFOK is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CFOK is good value based on its PE Ratio (7.3x) compared to the Banks industry average (12.5x).

PE vs Market: CFOK is good value based on its PE Ratio (7.3x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate CFOK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CFOK is good value based on its PB Ratio (0.9x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is Community First Bancorporation forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CFOK's forecast earnings growth (8% per year) is above the savings rate (2.7%).

Earnings vs Market: CFOK's earnings (8% per year) are forecast to grow slower than the US market (14.5% per year).

High Growth Earnings: CFOK's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if CFOK's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if CFOK's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if CFOK's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Community First Bancorporation performed over the past 5 years?

83.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CFOK has become profitable over the past 5 years, growing earnings by 83.2% per year.

Accelerating Growth: CFOK's earnings growth over the past year (255%) exceeds its 5-year average (83.2% per year).

Earnings vs Industry: CFOK earnings growth over the past year (255%) exceeded the Banks industry 31.8%.


Return on Equity

High ROE: CFOK's Return on Equity (11.4%) is considered low.


Return on Assets

ROA vs Industry: CFOK's Return on Assets is below or equal to the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate CFOK's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Community First Bancorporation's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: CFOK has a low level of unsold assets or inventory.

Debt Coverage by Assets: CFOK's debt is covered by short term assets (assets are 3.079700x debt).


Financial Institutions Analysis

Asset Level: CFOK's level of assets compared to its equity is moderate.

Allowance for Bad Loans: CFOK has a sufficient allowance for bad loans.

Low Risk Liabilities: CFOK's liabilities are made up of primarily low risk sources of funding.

Loan Level: CFOK has an acceptable proportion of non-loan assets held.

Low Risk Deposits: CFOK's loans are broadly funded by customer deposits.

Level of Bad Loans: CFOK has an appropriate level of bad loans (0.2%)


Next Steps

Dividend

What is Community First Bancorporation's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate CFOK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CFOK's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if CFOK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CFOK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CFOK's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Community First Bancorporation's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average management tenure


CEO

Richard Burleson (47yo)

4.8yrs

Tenure

US$415,992

Compensation

Mr. Richard D. Burleson Jr., has been President and Chief Executive Officer of Community First Bancorporation and Community First Bank, Inc. since April 2, 2015. Mr. Burleson was Acting President and Chief ...


CEO Compensation Analysis

Compensation vs. Market: Richard's total compensation ($USD0.00) is too low to compare against companies of similar size in the US market ($USD495.80K).

Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.


Management Age and Tenure

1.8yrs

Average Tenure

66yo

Average Age

Experienced Management: CFOK's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Age and Tenure

13.8yrs

Average Tenure

58yo

Average Age

Experienced Board: CFOK's board of directors are seasoned and experienced ( 13.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • William Brown (72yo)

    Secretary & Director

    • Tenure: 22.8yrs
    • Compensation: US$20.60k
  • Jeffery Griffith

    • Tenure: 0yrs
  • Sandra Gravley

    • Tenure: 0yrs
  • Carol Wilson

    • Tenure: 0yrs
  • Richard Burleson (47yo)

    President

    • Tenure: 4.8yrs
    • Compensation: US$415.99k
  • Alisa Suddeth

    • Tenure: 0yrs
  • Trisha Warwick

    • Tenure: 0yrs
  • William Lackey

    Executive Vice President

    • Tenure: 1.8yrs
  • Patti Jensen (66yo)

    VP, Accounting

    • Tenure: 0yrs
  • Jennifer Champagne

    Executive VP

    • Tenure: 1.8yrs

Board Members

  • Charles Winchester (78yo)

    Director

    • Tenure: 22.8yrs
    • Compensation: US$20.60k
  • Gary Thrift (58yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: US$20.60k
  • John Hamrick (71yo)

    Director

    • Tenure: 22.8yrs
    • Compensation: US$20.60k
  • Larry Bowman (70yo)

    Vice Chairman of the Board

    • Tenure: 22.8yrs
    • Compensation: US$20.60k
  • William Brown (72yo)

    Secretary & Director

    • Tenure: 22.8yrs
    • Compensation: US$20.60k
  • Joel Davis (39yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$20.60k
  • Amber Glidewell (38yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$20.60k
  • Richard Burleson (47yo)

    President

    • Tenure: 4.8yrs
    • Compensation: US$415.99k
  • Joe Jackson (52yo)

    Director

    • Tenure: 2.8yrs

Company Information

Community First Bancorporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Community First Bancorporation
  • Ticker: CFOK
  • Exchange: OTCPK
  • Founded: 1988
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$39.012m
  • Shares outstanding: 5.49m
  • Website: https://www.c1stbank.com

Location

  • Community First Bancorporation
  • 3685 Blue Ridge Boulevard
  • Walhalla
  • South Carolina
  • 29691
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CFOKOTCPK (Pink Sheets LLC)YesCommon StockUSUSDApr 1998

Biography

Community First Bancorporation operates as the bank holding company for Community First Bank that provides commercial banking products and services to personal and business customers in the United States.  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:32
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.