Community First Bancshares, Inc. is a savings and loan holding company. The Company conducts its operations primarily through its wholly owned subsidiary, Newton Federal Bank (the Bank), a federally chartered savings bank. The Bank’s lending activities include origination of one-to four-family residential real estate loans, commercial real estate loans, commercial and industrial loans, construction loans, and consumer loans. The Bank also originates multi-family residential real estate loans and home equity loans and lines of credit. The Bank invests in short-term and other investments, including the United States government securities. The Bank offers a selection of deposit accounts, including savings accounts, checking accounts, certificates of deposit and individual retirement accounts. The Bank has total loans of approximately $252,090 thousand and a total deposit of approximately $238,181 thousand.