UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D/A

[Rule 13d-101]

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO §240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO §240.13d-2(a)

(Amendment No. 2)*

Community First, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

203663109

(CUSIP Number)

Ruskin Alexander Vest, 1101 Nashville Hwy Suite 3, Columbia, Tennessee 38401

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

June 30, 2016

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ¨

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See
§240.13d-7 for other parties to whom copies are to be sent.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

* The remainder of this cover page shall be filled out for the reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

CUSIP No. 203663109 Page 1 of 3 pages

1.	Names of Reporting Persons. Ruskin Alexander Vest
2.	Check the Appropriate Box if a Member of a Group (See Instructions) (a)          (b)
3.	SEC Use Only
4.	Source of Funds (See Instructions) PF, OO
5.	Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
6.	Citizenship or Place of Organization United States of America
Number of Shares Beneficially Owned by Each Reporting Person With		7.	Sole Voting Power 542,850
		8.	Shared Voting Power -
		9.	Sole Dispositive Power 542,850
		10.	Shared Dispositive Power -
11.	Aggregate Amount Beneficially Owned by Each Reporting Person 542,850
12.	Check if the Aggregate Amount in Row 11 Excludes Certain Shares (See Instructions)
13.	Percent of Class Represented by Amount in Row 11 11.02%
14.	Type of Reporting Person (See Instructions) IN

Page 2 of 3 pages

Explanatory Note

Mr. Vest is filing this Amendment No. 2 to Schedule 13D (this “Amendment No. 2”) to amend Item 3, Item 4, Item 5 and Item 6 of the Schedule 13D filed by Mr. Vest on August 25, 2015 (the “Original Schedule 13D”), as amended by the Amendment No. 1 to Schedule 13D filed by Mr. Vest on April 29, 2016 (the “Amendment No. 1”), for the purpose of reporting that he, pursuant to a Preferred Stock Conversion Agreement, dated April 26, 2016 (the “Conversion Agreement”), by and among each of the other holders of the Fixed Rate, Noncumulative Perpetual Preferred Stock, Series A (the “Series A Preferred Stock”) of Community First, Inc. (the “Issuer”) and the Issuer, exchanged all of his shares of Series A Preferred Stock for shares of the Issuer’s common stock, no par value per share (the “Common Stock”) on June 30, 2016. Except as specifically amended hereby, the Original Schedule 13D, as amended by the Amendment No. 1, remains in full force and effect.

Item 3. Source and Amount of Funds or Other Consideration:

Mr. Vest entered into the Conversion Agreement with the Issuer and the other holders of the Series A Preferred Stock pursuant to which each holder of the Issuer’s Series A Preferred Stock, including Mr. Vest, agreed to exchange such holder’s shares of Series A Preferred Stock for shares of the Issuer’s Common Stock. Pursuant to the terms of the Conversion Agreement, on June 30, 2016, Mr. Vest exchanged the 2,723 shares of Series A Preferred Stock he owned for 372,621 shares of Common Stock. The balance of the Common Stock reported as being beneficially owned by Mr. Vest in this Amendment No. 2 was acquired with personal funds of Mr. Vest for a total aggregate purchase price of approximately $48,961.

Item 4. Purpose of Transaction

Mr. Vest has acquired the shares of Common Stock for investment purposes and may acquire additional shares, or dispose of some or all of the shares of Common Stock, from time to time, depending upon price and market conditions, evaluation of the performance of the investment and other factors.

Mr. Vest has no plans or proposals which relate to or would result in:

(a) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;

(b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;

(c) A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;

(d) Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;

(e) Any material change in the present capitalization or dividend policy of the Issuer;

(f) Any other material change in the Issuer’s business or corporate structure including but not limited to, if the Issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by Section 13 of the Investment Company Act of 1940;

(g) Changes in the Issuer’s charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;

(h) Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;

Page 3 of 3 pages

(i) A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or

(j) Any action similar to any of those enumerated above.

Item 5. Interest in Securities of the Issuer

(a) As of June 30, 2016, Mr. Vest beneficially owned, for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, 542,850 shares of the Issuer’s Common Stock constituting approximately 11.02% of the outstanding shares of Common Stock of the Issuer as of June 30, 2016, based on the number of outstanding shares of the Issuer’s Common Stock as of May 10, 2016, as reported in the Issuer’s Pre-Effective Amendment No. 1 to Form S-1 filed with the Securities and Exchange Commission on June 2, 2016, and accounting for the subsequent exchange by the holders of the Issuer’s Series A Preferred Stock for shares of the Issuer’s Common Stock pursuant to the terms of the Conversion Agreement on June 30, 2016.

(b) Mr. Vest has sole voting and dispositive power for the shares beneficially owned.

(c) On June 30, 2016, Mr. Vest exchanged 2,723 shares of Series A Preferred Stock with the Issuer for 372,621 shares of Common Stock pursuant to the terms of the Conversion Agreement. Other than these shares, Mr. Vest has not acquired any shares of Common Stock during the preceding sixty (60) days.

(d) Mr. Vest confirms that no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of the Issuer’s Common Stock beneficially owned by him.

(e) Not Applicable.

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

None.

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date:   July 6, 2016

By:      /s/ Ruskin Alexander Vest