COMMUNITY FIRST BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan COMMUNITY FIRST BANK 401(K) PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2023 : COMMUNITY FIRST BANK 401(K) PROFIT SHARING PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $2,436,786 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $351,144 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $284,647 |
| Value of total corrective distributions | 2023-12-31 | $11,648 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $897,655 |
| Value of total assets at end of year | 2023-12-31 | $12,628,429 |
| Value of total assets at beginning of year | 2023-12-31 | $10,542,787 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $54,849 |
| Total interest from all sources | 2023-12-31 | $26,638 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $5,500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $579,643 |
| Participant contributions at end of year | 2023-12-31 | $59,199 |
| Participant contributions at beginning of year | 2023-12-31 | $39,087 |
| Participant contributions at end of year | 2023-12-31 | $18,983 |
| Participant contributions at beginning of year | 2023-12-31 | $21,408 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $167,497 |
| Total non interest bearing cash at end of year | 2023-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $2,085,642 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $12,628,429 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $10,542,787 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $54,849 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $11,874,270 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $10,402,780 |
| Interest on participant loans | 2023-12-31 | $3,730 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $8,709 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $5,999 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $661,937 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $67,818 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $67,818 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $22,908 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $1,512,493 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $150,515 |
| Employer contributions (assets) at end of year | 2023-12-31 | $5,331 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $5,695 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $284,647 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | MBE CPAS, LLP |
| Accountancy firm EIN | 2023-12-31 | 200794302 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $2,436,786 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $351,144 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $284,647 |
| Value of total corrective distributions | 2023-01-01 | $11,648 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $897,655 |
| Value of total assets at end of year | 2023-01-01 | $12,628,429 |
| Value of total assets at beginning of year | 2023-01-01 | $10,542,787 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $54,849 |
| Total interest from all sources | 2023-01-01 | $26,638 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $5,500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $579,643 |
| Participant contributions at end of year | 2023-01-01 | $59,199 |
| Participant contributions at beginning of year | 2023-01-01 | $39,087 |
| Participant contributions at end of year | 2023-01-01 | $18,983 |
| Participant contributions at beginning of year | 2023-01-01 | $21,408 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $167,497 |
| Total non interest bearing cash at end of year | 2023-01-01 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $2,085,642 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $12,628,429 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $10,542,787 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $54,849 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $11,874,270 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $10,402,780 |
| Interest on participant loans | 2023-01-01 | $3,730 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $8,709 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $5,999 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $661,937 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-01-01 | $22,908 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $1,512,493 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $150,515 |
| Employer contributions (assets) at end of year | 2023-01-01 | $5,331 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $5,695 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $284,647 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | MBE CPAS, LLP |
| Accountancy firm EIN | 2023-01-01 | 200794302 |
| 2022 : COMMUNITY FIRST BANK 401(K) PROFIT SHARING PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-1,057,133 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $204,026 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $143,961 |
| Value of total corrective distributions | 2022-12-31 | $9,551 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $703,425 |
| Value of total assets at end of year | 2022-12-31 | $10,542,787 |
| Value of total assets at beginning of year | 2022-12-31 | $11,803,946 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $50,514 |
| Total interest from all sources | 2022-12-31 | $3,334 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Administrative expenses professional fees incurred | 2022-12-31 | $50,514 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $5,500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $556,288 |
| Participant contributions at end of year | 2022-12-31 | $39,087 |
| Participant contributions at beginning of year | 2022-12-31 | $61,887 |
| Participant contributions at end of year | 2022-12-31 | $21,408 |
| Participant contributions at beginning of year | 2022-12-31 | $18,456 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $4,626 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-1,261,159 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $10,542,787 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $11,803,946 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $10,402,780 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $11,609,699 |
| Interest on participant loans | 2022-12-31 | $2,440 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $5,999 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $6,053 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $67,818 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $103,634 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $103,634 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $894 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,763,892 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $142,511 |
| Employer contributions (assets) at end of year | 2022-12-31 | $5,695 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $4,217 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $143,961 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | MBE CPAS, LLP |
| Accountancy firm EIN | 2022-12-31 | 200794302 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-1,057,133 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $204,026 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $143,961 |
| Value of total corrective distributions | 2022-01-01 | $9,551 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $703,425 |
| Value of total assets at end of year | 2022-01-01 | $10,542,787 |
| Value of total assets at beginning of year | 2022-01-01 | $11,803,946 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $50,514 |
| Total interest from all sources | 2022-01-01 | $3,334 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Administrative expenses professional fees incurred | 2022-01-01 | $50,514 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $5,500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $556,288 |
| Participant contributions at end of year | 2022-01-01 | $39,087 |
| Participant contributions at beginning of year | 2022-01-01 | $61,887 |
| Participant contributions at end of year | 2022-01-01 | $21,408 |
| Participant contributions at beginning of year | 2022-01-01 | $18,456 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $4,626 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-1,261,159 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $10,542,787 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $11,803,946 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $10,402,780 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $11,609,699 |
| Interest on participant loans | 2022-01-01 | $2,440 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $5,999 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $6,053 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $67,818 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $894 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-1,763,892 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $142,511 |
| Employer contributions (assets) at end of year | 2022-01-01 | $5,695 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $4,217 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $143,961 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | MBE CPAS, LLP |
| Accountancy firm EIN | 2022-01-01 | 200794302 |
| 2021 : COMMUNITY FIRST BANK 401(K) PROFIT SHARING PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $2,067,754 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $817,409 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $758,603 |
| Value of total corrective distributions | 2021-12-31 | $8,054 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $689,820 |
| Value of total assets at end of year | 2021-12-31 | $11,803,946 |
| Value of total assets at beginning of year | 2021-12-31 | $10,553,601 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $50,752 |
| Total interest from all sources | 2021-12-31 | $3,807 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Administrative expenses professional fees incurred | 2021-12-31 | $50,752 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $4,750,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $490,137 |
| Participant contributions at end of year | 2021-12-31 | $61,887 |
| Participant contributions at beginning of year | 2021-12-31 | $81,977 |
| Participant contributions at end of year | 2021-12-31 | $18,456 |
| Participant contributions at beginning of year | 2021-12-31 | $15,433 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $70,485 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $1,250,345 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $11,803,946 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $10,553,601 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $11,609,699 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $10,192,190 |
| Interest on participant loans | 2021-12-31 | $3,739 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $6,053 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $5,412 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $103,634 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $253,943 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $253,943 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $68 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,374,127 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $129,198 |
| Employer contributions (assets) at end of year | 2021-12-31 | $4,217 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $4,646 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $758,603 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Disclaimer |
| Accountancy firm name | 2021-12-31 | MBE CPAS, LLP |
| Accountancy firm EIN | 2021-12-31 | 200794302 |
| 2020 : COMMUNITY FIRST BANK 401(K) PROFIT SHARING PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $2,024,244 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $152,247 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $109,844 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $643,474 |
| Value of total assets at end of year | 2020-12-31 | $10,553,601 |
| Value of total assets at beginning of year | 2020-12-31 | $8,681,604 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $42,403 |
| Total interest from all sources | 2020-12-31 | $4,580 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Administrative expenses professional fees incurred | 2020-12-31 | $42,403 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $4,750,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $467,167 |
| Participant contributions at end of year | 2020-12-31 | $81,977 |
| Participant contributions at beginning of year | 2020-12-31 | $82,144 |
| Participant contributions at end of year | 2020-12-31 | $15,433 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $50,096 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $1,871,997 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $10,553,601 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $8,681,604 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $10,192,190 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $8,582,080 |
| Interest on participant loans | 2020-12-31 | $4,320 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $5,412 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $5,669 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $253,943 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $11,564 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $11,564 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $260 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,376,190 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $126,211 |
| Employer contributions (assets) at end of year | 2020-12-31 | $4,646 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $147 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $109,844 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | MBE CPAS, LLP |
| Accountancy firm EIN | 2020-12-31 | 200794302 |
| 2019 : COMMUNITY FIRST BANK 401(K) PROFIT SHARING PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $1,944,084 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $300,813 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $260,718 |
| Value of total corrective distributions | 2019-12-31 | $711 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $511,075 |
| Value of total assets at end of year | 2019-12-31 | $8,681,604 |
| Value of total assets at beginning of year | 2019-12-31 | $7,038,333 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $39,384 |
| Total interest from all sources | 2019-12-31 | $5,379 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Administrative expenses professional fees incurred | 2019-12-31 | $39,384 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $4,250,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $381,259 |
| Participant contributions at end of year | 2019-12-31 | $82,144 |
| Participant contributions at beginning of year | 2019-12-31 | $103,202 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $16,311 |
| Total non interest bearing cash at end of year | 2019-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $21 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $1,643,271 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $8,681,604 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $7,038,333 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $8,582,080 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $6,925,718 |
| Interest on participant loans | 2019-12-31 | $5,185 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $5,669 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $5,305 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $11,564 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $4,087 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $4,087 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $194 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,427,630 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $113,505 |
| Employer contributions (assets) at end of year | 2019-12-31 | $147 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $260,718 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | MBE CPAS, LLP |
| Accountancy firm EIN | 2019-12-31 | 200794302 |
| 2018 : COMMUNITY FIRST BANK 401(K) PROFIT SHARING PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $-120,930 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $756,407 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $712,500 |
| Value of total corrective distributions | 2018-12-31 | $4,005 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $457,906 |
| Value of total assets at end of year | 2018-12-31 | $7,038,333 |
| Value of total assets at beginning of year | 2018-12-31 | $7,915,670 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $39,902 |
| Total interest from all sources | 2018-12-31 | $4,953 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Administrative expenses professional fees incurred | 2018-12-31 | $39,902 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $4,250,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $345,546 |
| Participant contributions at end of year | 2018-12-31 | $103,202 |
| Participant contributions at beginning of year | 2018-12-31 | $110,221 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $1,689 |
| Total non interest bearing cash at end of year | 2018-12-31 | $21 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $14,902 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-877,337 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $7,038,333 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $7,915,670 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $6,925,718 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $7,778,994 |
| Interest on participant loans | 2018-12-31 | $4,883 |
| Value of interest in common/collective trusts at end of year | 2018-12-31 | $5,305 |
| Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $7,539 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $4,087 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $3,492 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $3,492 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $70 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-583,789 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $110,671 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $522 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $712,500 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | MBE CPAS, LLP |
| Accountancy firm EIN | 2018-12-31 | 200794302 |
| 2017 : COMMUNITY FIRST BANK 401(K) PROFIT SHARING PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total income from all sources (including contributions) | 2017-12-31 | $1,656,500 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $335,138 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $298,794 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $467,109 |
| Value of total assets at end of year | 2017-12-31 | $7,915,670 |
| Value of total assets at beginning of year | 2017-12-31 | $6,594,308 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $36,344 |
| Total interest from all sources | 2017-12-31 | $5,103 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Administrative expenses professional fees incurred | 2017-12-31 | $36,344 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $4,250,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $329,198 |
| Participant contributions at end of year | 2017-12-31 | $110,221 |
| Participant contributions at beginning of year | 2017-12-31 | $99,814 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $30,188 |
| Total non interest bearing cash at end of year | 2017-12-31 | $14,902 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $16,902 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $1,321,362 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $7,915,670 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $6,594,308 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $7,778,994 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $6,468,021 |
| Interest on participant loans | 2017-12-31 | $5,067 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $7,539 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $6,642 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $3,492 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $2,929 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $2,929 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $36 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $1,184,288 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $107,723 |
| Employer contributions (assets) at end of year | 2017-12-31 | $522 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $298,794 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | MBE CPAS, LLP |
| Accountancy firm EIN | 2017-12-31 | 200794302 |
