Community First Bankshares of Fargo, N.D., said it would take a $3.1 million charge against second-quarter earnings related to the planned sale of its subprime automobile and home equity lending operations.

FirstPlus Financial Group, Dallas, plans to buy most of Community First's home equity lending business.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.