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The Community Financial Corporation Common Stock, also called Community Financial, is a holding company, which engages in the provision of financial products and services for businesses and retail customers through Community Bank. It operates through the following segments: Commercial Real Estate, Residential First Mortgages, Residential Rentals, Construction and Land Development, Home Equity and Second Mortgage, Commercial Loans, Consumer Loans, and Commercial Equipment. Read More The Commercial Real Estate segment include office buildings, retail locations, churches, other special purpose buildings and commercial construction. The Residential First Mortgages, Residential Rentals segment covers long-term loans, amortized on a monthly basis, with principal and interest due each month. The Residential Rentals segment involves in amortizing, with principal and interest due each month. The Construction and Land Development segment offers loans for construction of one-to-four family dwellings. Home Equity and Second Mortgage segment maintains a portfolio of home equity and second mortgage loans. The Commercial Loans segment delivers business customers a variety of commercial loan products including term loans and lines of credit. The Consumer Loans segment consist of loans secured by automobiles, boats, recreational vehicles, and trucks. The Commercial Equipment segments is comprised of fixed-rate, short-term loans collateralized by a commercial customer's equipment or secured by real property, accounts receivable, or other security. The company was founded in 1989 and is headquartered in Waldorf, MD.
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Expected Apr 21, Pre-Market