Cnb Community Bancorp, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
October 11, 2019 at 07:57 pm
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CNB Community Bancorp, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced net interest income was USD 7.065 million compared to USD 6.712 million a year ago. Net income was USD 2.484 million compared to USD 2.301 million a year ago. Basic earnings per share was USD 1.18 compared to USD 1.1 a year ago. For the nine months, net interest income was USD 21.068 million compared to USD 19.038 million a year ago. Net income was USD 7.121 million compared to USD 6.476 million a year ago. Basic earnings per share was USD 3.4 compared to USD 3.11 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.