How profitable a bank is affects its long-term survivability. Earnings can be retained by the bank, giving a boost to its capital buffer, or be used to deal with problematic loans, likely making the bank better able to withstand economic shocks. Losses, on the other hand, reduce a bank's ability to do those things.
On Bankrate's earnings test, Community First Bank & Trust scored 8 out of a possible 30, coming in below the national average of 15.12.
One important way to measure a bank's earnings is return on equity, or net income (essentially profit) divided by the total amount of equity. Community First Bank & Trust's most recent annualized quarterly return on equity was 3.18 percent, below the national average of 8.10 percent.
The bank reported net income of $1.4 million on total equity of $40.1 million for the twelve months ended December 31, 2017. The bank had an annualized return on average assets, or ROA, of 0.30 percent, below the 1 percent deemed satisfactory in accordance with industry standards and below the average for U.S. banks of 1.00 percent.