{"id":34166,"date":"2026-07-10T16:00:00","date_gmt":"2026-07-10T14:00:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=a7cee458235775ce303ed87239e632d5"},"modified":"2026-07-10T16:00:00","modified_gmt":"2026-07-10T14:00:00","slug":"cnb-community-bancorp-inc-reports-second-quarter-2026-results","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=34166","title":{"rendered":"CNB Community Bancorp, Inc. Reports Second Quarter 2026 Results"},"content":{"rendered":"

HILLSDALE, Mich.--(BUSINESS WIRE)--CNB Community Bancorp, Inc. (OTCQX: CNBB), the parent company of County National Bank (the \u201cBank\u201d \u201cCNB\u201d), today announced earnings for the three and six months ended June 30, 2026. Earnings during the second quarter of 2026 totaled $3.2 million, an increase of $166,000, or 5.5%, compared to the $3.0 million earned during the three months ended June 30, 2025. The increase in net income was predominately the result of an increase in net interest income of $1.0 million partially offset by an increase in the provision for credit losses of $584,000. Basic earnings per share for CNB Community Bancorp, Inc. (the \u201cCompany\u201d) increased to $1.61 during the three months ended June 30, 2026, up $0.13 from $1.48 during the second quarter of 2025. For the six months ended June 30, 2026, the Company reported net income of $6.1 million, which was an increase of $461,000, or 8.1%, from the $5.7 million earned during the six months ended June 30, 2025, predominately resultant from an increase in net interest income somewhat offset by increases in noninterest expense. Basic earnings per share increased to $3.10 during the six months ended June 30, 2026, up $0.32 from $2.78 for the first six months of 2025.<\/p><\/a><\/a>

\nThe annualized return on average assets (\u201cROA\u201d) decreased to 0.94% for the three months ended June 30, 2026, down a single basis point, or 1.1%, from 0.95% for the three months ended June 30, 2025. The annualized return on average equity (\u201cROE\u201d) decreased to 11.65% for the current quarter, down from 11.71% for the second quarter of 2025. ROA increased to 0.92% for the six months ended June 30, 2026, up three basis points from the 0.89% during the first six months of 2025. ROE was 11.41% during the first half of 2026, up from 11.27% during the six-month period ended June 30, 2025. Book value per share increased to $56.10 at June 30, 2026, up $4.95 from $51.15 at June 30, 2025.<\/p>

\nJoseph R. Williams, President and Chief Executive Officer of CNB Community Bancorp, Inc. and County National Bank, stated, \u201cThe results for the first half of 2026 continued an upward trend in earnings, and was only the second time that CNB exceeded $6.0 million in earnings in the first half of the year with the first time being in 2021. We have positioned ourselves to perform similarly whether in a falling or rising rate environment and, as such, have not seen material impact from our current rate environment. Our associates continue enhancing existing relationships and expanding new relationships in all of our communities.<\/p>

\nHowever, growth is not the sole focus as we continue to work on improving our processes across all areas including operations and credit. Our credit team has been working through our nonperforming credits. Even though we have added over $13 million in nonperforming credits since the end of last year, we believe that we have made significant progress in not only collecting on these credits but moving some back to performing status. Finally, my focus is on our three pillars: Our shareholders have seen continued improvements in book value, earnings per share, and market value; our communities have seen CNB contribute over $280,000 to local charitable organizations in the last twelve months; and our associates have not only seen multiple promotions but have increased to 241.\u201d<\/p>

\nFinancial Highlights<\/b><\/p>