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STOCK ISSUANCE ANNOUNCED

 STOCK ISSUANCE ANNOUNCED
 ARLINGTON, Va., Jan. 6 /PRNewswire/ -- Columbia First Bank, a


Federal Savings Bank (NASDAQ-NMS: CFFS), reported that, pursuant to the Stock Purchase Agreement between Columbia First Bank, a Federal Savings Bank, and CF Financial Associates L.P. ("CF Financial"), dated Nov. 28, 1988, and amended on Jan. 23, 1989, and June 29, 1989, CF Financial purchased 113,637 shares of common stock on Dec. 31, 1991. The newly issued stock was purchased by CF Financial at $22 per share, resulting in an addition to Columbia First's capital of $2.5 million. Columbia First continues to exceed all federal capital requirements.
 Columbia First has total assets of $2.1 billion and operates 29 branches and three loan origination offices throughout Virginia, Maryland and the District of Columbia. Deposits in Columbia First are insured to $100,000 by FDIC.
 -0- 1/6/92
 /CONTACT: Robert J. Creighton, senior vice president, chief financial officer, Columbia First Bank, 703-247-5090/
 (CFFS) CO: Columbia First Bank, a Federal Savings Bank; CF Financial
 Associates L.P. ST: Virginia IN: FIN SU:


TW -- DC004 -- 6744 01/06/92 08:54 EST
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Publication:PR Newswire
Date:Jan 6, 1992
Words:185
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