CNB COMMUNITY BANCORP, INC. REPORTS 2024 RESULTS
CNB Community Bancorp, Inc. (OTCQX: CNBB), the parent company of County National Bank, today announced earnings for the three months and twelve months ended December 31, 2024. Earnings during the fourth quarter of 2024 totaled $2.4 million, a decrease of $72,000 from the $2.5 million earned during the three months ended December 31, 2023. Due to the previously reported buyback of shares completed in September of this year, the basic earnings per share increased to $1.20 during the three months ended December 31, 2024, up $0.03 from $1.17 during the fourth quarter of 2023. For the year ended December 31, 2024, CNB Community Bancorp, Inc. (the “Company”) reported net income of $11.6 million, an increase of $971,000, or 9.1%, from the $10.6 million earned during the year ended December 31, 2023. Basic earnings per share increased to $5.42 during the year ended December 31, 2024, up $0.51 from $4.91 during 2023.
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