**EXHIBIT 21.1**

 

**COMMUNITY FIRST BANKSHARES, INC.**

**SUBSIDIARIES**

 
| **Subsidiary Bank:**                             |   | **Location**                        |   | **Ownership  Percentage**                              |   |
|--------------------------------------------------|--------|-------------------------------------|--------|--------------------------------------------------------|--------|
|                                             |   |                                |   |                                                   |   |
| Community First National Bank                    |   | Fargo, ND                           |   | 100.00                                                 | %      |
|                                             |   |                                |   |                                                   |   |
| **Nonbank Subsidiaries:**                        |   |                                |   |                                                   |   |
|                                             |   |                                |   |                                                   |   |
| Community First Financial, Inc.                  |   | Fargo, ND                           |   | 100.00                                                 | %      |
| Community First Technologies, Inc.               |   | Fargo, ND                           |   | 100.00                                                 | %      |
| CFB Capital III                                  |   | Fargo, ND                           |   | 100.00                                                 | %      |
| CFB Capital IV                                   |   | Fargo, ND                           |   | 100.00                                                 | %      |
| HBC Aviation, LLP                                |   | Fargo, ND                           |   | 37.50                                                  | %      |
|                                             |   |                                |   |                                                   |   |
| **Subsidiaries of Subsidiaries (100% Owned):**   |   |                                |   |                                                   |   |
|                                             |   |                                |   |                                                   |   |
| Community First Insurance, Inc.                  |   | Fargo, ND                           |   | Subsidiary of Community  First National Bank           |   |
|                                             |   |                                |   |                                                   |   |
| CFB Community Development Corporation            |   | Fargo, ND                           |   | Subsidiary of Community  First National Bank           |   |
|                                             |   |                                |   |                                                   |   |
| Equity Lending, Inc.                             |   | Fargo, ND                           |   | Subsidiary of Community  First National Bank           |   |
|                                             |   |                                |   |                                                   |   |
| Community First Holdings, Inc.                   |   | Georgetown, British Cayman  Islands |   | Subsidiary of Community  First National Bank           |   |
|                                             |   |                                |   |                                                   |   |
| Community First Home Mortgage, Inc.              |   | Fargo, ND                           |   | Subsidiary of Community  First National Bank           |   |
|                                             |   |                                |   |                                                   |   |
| **Subsidiaries of Subsidiaries of Subsidiaries** |   |                                |   |                                                   |   |
|                                             |   |                                |   |                                                   |   |
| Community First Insurance, Inc. Wyoming          |   | Cheyenne, WY                        |   | 100% Subsidiary of  Community First Insurance, Inc.    |   |
|                                             |   |                                |   |                                                   |   |
| CFIRE, Inc.                                      |   | Fargo, ND                           |   | 100% Subsidiary of  Community First Holdings, Inc.     |   |
|                                             |   |                                |   |                                                   |   |
| Community First Mortgage, LLC                    |   | Fargo, ND                           |   | 50% Subsidiary of  Community First Home Mortgage, Inc. |   |

 

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