A bank's profitability affects its long-term survivability. A bank can retain its earnings, expanding its capital cushion, or put them to work addressing problematic loans, potentially making the bank more resilient in times of trouble. Losses, on the other hand, lessen a bank's ability to do those things.
On Bankrate's test of earnings, COMMUNITY FIRST BANK OF THE HEARTLAND scored 26 out of a possible 30, beating the national average of 15.12.
One widely used way to measure a bank's earnings is return on equity, or net income (profit, essentially) divided by the total amount of equity. The most recent annualized quarterly return on equity for COMMUNITY FIRST BANK OF THE HEARTLAND was 17.78 percent, above the national average of 8.10 percent.
The bank reported net income of $2.8 million on total equity of $15.9 million for the twelve months ended December 31, 2017. The bank had an annualized return on average assets, or ROA, of 1.64 percent, above the 1 percent deemed satisfactory in accordance with industry standards, and above the average for U.S. banks of 1.00 percent.