Community First Bancshares, Inc. is formed to serve as the mid-tier holding company for Newton Federal Bank (the Bank). Newton Federal Bank is a federally chartered savings association. The Bank operates through two branch offices and a loan production office. The Bankâ€™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. At September 30, 2016, the Bank had total loans of 189,578 thousand and a total deposit of 181,699 thousand dollars.