~~United~~UNITED ~~States~~STATES

SECURITIES AND EXCHANGE COMMISSION

~~WASHINGTON~~Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (~~date~~Date of earliest event reported): ~~March~~May 2119, 2017 (May 16, 2017)

~~Community~~COMMUNITY ~~First~~FIRST, ~~Inc~~INC.

(Exact name of registrant as specified in ~~its~~ charter)

Tennessee		~~000~~0-49966		04-3687717
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

501 S. James Campbell Blvd.


501 South James M. Campbell Blvd. Columbia, TN		38401
(Address of principal executive offices)		(Zip Code)

~~Columbia~~Registrant’s telephone number, TNincluding ~~38401~~area code: (931) 380-2265

~~(Address~~N/A ~~of principal executive offices)~~

(931) 380-2265

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~Item~~Indicate ~~5.02~~by ~~Departure~~check mark whether the registrant is an emerging growth company as defined in Rule 405 of ~~Directors~~the orSecurities ~~Certain~~Act ~~Officers;~~of ~~Election~~1933 (§230.405 of ~~Directors;~~this ~~Appointment~~chapter) or Rule 12b-2 of ~~Certain~~the ~~Officers;~~Securities ~~Compensatory~~Exchange ~~Arrangements~~Act of ~~Certain~~1934 ~~Officers~~(§240.12b-2 of this chapter).

~~(e)~~Emerging growth company ☐

OnIf March 21, 2017, the Compensation Committee (the “Committee”) of the Board of Directors of Community First, Inc., a Tennessee corporation (the “Company”), approved the Community First, Inc. and Community First Bank & Trust 2017 Annual Incentive Plan (the “Plan”). Pursuant to the Plan, the senior management of the Company and Community First Bank & Trust, the Company’s bank subsidiary, including the Company’s employees that are expected to be identified as the Company’s “named executive officers” in its proxy statement for its 2017 annual meeting of shareholders, are eligible to earn an ~~incentive~~emerging ~~payment upon the achievement of five equally weighted performance metrics tied to return on assets (based on core earnings calculated pre-tax), loan~~ growth, ~~delinquencies and non-accruals~~company, ~~core~~indicate ~~earnings~~by ~~(pre-tax)~~check ~~and~~mark ~~efficiency~~if ~~ratio.~~the ~~Each~~registrant ~~performance~~has ~~metric~~elected isnot ~~assigned a weight ranging from 0%~~ to ause ~~maximum of 20% based on~~ the ~~level~~extended oftransition ~~achievement~~period ~~of the performance metric. Participants in the Plan may earn a maximum award of up to 27% of their base salary~~ for ~~2017, except for Louis E. Holloway, the Company’s Chief Executive Officer, who may earn a maximum~~complying ~~award~~with ofany upnew toor ~~37%~~revised offinancial ~~his~~accounting ~~base~~standards ~~salary~~provided ~~for~~pursuant ~~2017. The actual award paid, if any, will be equal~~ to ~~the~~Section ~~product of the~~ 13(xa) ~~sum~~ of the ~~weighted~~Exchange ~~performance metrics, as achieved, and (y) the potential maximum award amount, or 27% or 37%, as applicable~~Act. ☐

~~Awards~~Item ~~under~~5.07. ~~the~~Submission ~~Plan, if any, are payable in cash, shares~~ of ~~the~~Matters ~~Company’s~~to ~~common stock, no par value (“Common Stock”), or~~ a ~~combination~~Vote of ~~cash~~Security ~~and Common Stock, provided that 50% of the award must be paid in shares of Common Stock~~Holders. ~~Participants in the Plan have the right to elect to receive 100% of the award, if any, in shares of Common Stock.~~

~~The~~On ~~foregoing~~May 16, ~~summary~~2017, isCommunity First, ~~qualified~~Inc., ina Tennessee corporation (the “Company”), the Company held its ~~entirety~~Annual byMeeting ~~reference~~of toShareholders (the ~~Plan~~“Shareholders Meeting”), for which the Company’s board of directors solicited proxies, at 4:00 p.m. local time, at the Operations building of Community First Bank & Trust, a ~~copy~~wholly-owned bank subsidiary of ~~which~~the isCompany, ~~filed~~located ~~herewith~~at 501 South James M. Campbell Boulevard, Columbia, Tennessee 38401. At the Shareholders Meeting, the Company’s shareholders voted on the following proposals as ~~Exhibit~~described 10in detail in the Company’s Proxy Statement dated April 3, 2017 (the “Proxy Statement”).1 The proposals voted on and isapproved by the shareholders at the Shareholders ~~incorporated~~Meeting ~~herein~~were byas ~~reference.~~follows:

~~Item~~Proposal ~~9.01~~1: ~~Financial~~Election ~~Statements~~of ~~and~~Directors ~~Exhibits.~~

~~(d) Exhibits~~The election of four Class III directors, named in the Proxy Statement, to serve as members of the Company’s board of directors until the Company’s Annual Meeting of Shareholders in 2020. The following is a list of the directors elected at the Shareholders Meeting with the number of votes “For” and “Withheld,” as well as the number of “Broker Non-Votes”:

ExhibitNo.	Description
Class III Nominees	For		Withheld		Broker Non-Votes
10.1	Community First, Inc. and Community First Bank & Trust 2017 Annual Incentive Plan.
Eslick E. Daniel, M.D.		2,841,360		20,680		—
Vasant G. Hari		2,819,965		42,075		—
Martin Maguire		2,821,314		40,726		—
Ruskin A. Vest, Jr.		2,839,901		22,139		—

Proposal 2: Executive Compensation

The non-binding, advisory vote on the compensation of the Company’s named executive officers as described in the Proxy Statement was approved by the following tabulation:


For	Against		Abstentions		Broker Non-Votes
2,795,678		42,297		24,065		—

Proposal 3: Ratification of Appointment of Independent Registered Public Accounting Firm

The ratification of the appointment of HORNE LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2017 was approved by the following tabulation:


For	Against		Abstentions		Broker Non-Votes
2,848,587		11,937		1,516		—

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, ~~as amended,~~ the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

COMMUNITY FIRST, INC. By: /s/ ~~Jon~~Louis ~~Thompson~~E. Holloway Name: ~~Jon~~Louis ~~Thompson~~E. Holloway Title: ~~President and~~ Chief ~~Financial~~Executive Officer

Date: ~~March 27~~May 19, 2017

EXHIBIT INDEX

ExhibitNo.		Description
10.1		Community First, Inc. and Community First Bank & Trust 2017 Annual Incentive Plan.

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