Commercial National Financial Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported, interest income of $4,736,212 against $4,560,656 a year ago. Net interest income of $3,616,522 against $3,600,822 a year ago. Income before taxes of $1,299,611 against loss of $383,995 a year ago. Net income of $1,063,611 against loss of $205,995 a year ago. Diluted net earnings per share was $0.27 against loss of $0.05 a year ago. Book value per share was $8.37 against $7.99 a year ago. Return on equity (ROE) was 13.01 % against negative of 2.61% a year ago. Return on assets was 0.83 % against negative of 0.16% a year ago. Net interest income increased $16,000, or 0.4%. Increases in interest income from the higher interest rate environment were mostly offset by a higher cost of funds. Non-interest income of $408,066 against $420,523 a year ago.