Struggling Kentucky Thrift Could Be Up for Sale

Community First Bancorp Inc. of Madisonville, Ky., announced late Wednesday that it is considering selling itself.

Processing Content

The $79 million-asset Community said in a press release that it has engaged investment bank Keefe, Bruyette & Woods, Inc, "to help it assess its strategic options, including a possible sale of the Company."

Community is the parent of Community First Bank, a one-branch thrift. It lost $108,000 in the first quarter, after losing $80,000 in the same period a year ago.


For reprint and licensing requests for this article, click here.
Community banking
MORE FROM AMERICAN BANKER
Load More