Cnb Community Bancorp, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 28, 2020 at 06:09 pm
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CNB Community Bancorp, Inc. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net interest income was USD 7.155 million compared to USD 6.957 million a year ago. Net income was USD 2.047 million compared to USD 1.997 million a year ago. Basic earnings per share was USD 0.98 compared to USD 0.95 a year ago. For the full year, net interest income was USD 28.223 million compared to USD 25.995 million a year ago. Net income was USD 9.168 million compared to USD 8.473 million a year ago. Basic earnings per share was USD 4.37 compared to USD 4.06 a year ago.
CNB Community Bancorp, Inc. is a bank holding company for County National Bank (the Bank). The Bank is a nationally chartered full-service bank that offers banking products along with investment management and trust services to communities located throughout South Central Michigan. The Bankâs personal and business banking services include checking accounts, savings accounts, online and mobile banking, loans, mortgages, telephonic banking, health savings account, treasury management, retirement planning, and others. The Bankâs wealth management services include investment management, trust and estate settlement, private banking, financial planning, and others. The Bank operates about 13 full-service offices, a loan production office, a mortgage lending office, and 19 automated teller machines (ATMs) in four counties: Calhoun, Hillsdale, Jackson, and Lenawee.