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Communities First Financial Corp (CFST)

Communities First Financial Corp (CFST)
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Communities First Financial Corp, formerly Fresno First Bank was incorporated in the State of California and organized as a single operating segment that operates one full-service office in Fresno, California. The Bank's primary source of revenue is providing loans to customers, who are predominately small and middle-market businesses and individuals. Fresno First Bank is dedicated to the banking needs of businesses, professionals and successful individuals in the Greater Fresno area. The Bank's loan portfolio consists mainly of loans to borrowers within Fresno County, California. Although the Bank seeks to avoid concentrations of loans to a single industry or based upon a single class of collateral, real estate and real estate associated businesses are among the main industries in the Bank's market area and, as a result, the Bank's loan and collateral portfolios are, to some degree, concentrated in those industries.
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