Commercial National Financial Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended November 01, 2021
November 01, 2021 at 07:13 am
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Commercial National Financial Corporation reported earnings results for the third quarter and nine months ended November 01, 2021. For the third quarter, the company reported net interest income was USD 3.53 million compared to USD 3.95 million a year ago. Net income was USD 0.909 million compared to net loss of USD 0.067 million a year ago. Basic earnings per share from continuing operations was USD 0.32 compared to basic loss per share from continuing operations of USD 0.02 a year ago.
For the nine months, net interest income was USD 10.8 million compared to USD 11.73 million a year ago. Net income was USD 2.98 million compared to USD 3.2 million a year ago. Basic earnings per share from continuing operations was USD 1.04 compared to USD 1.12 a year ago.
Commercial National Financial Corporation is a bank holding company for Commercial Bank & Trust of PA. The Bank offers a full range of banking services including extending credit, providing deposit services, marketing non-deposit investments and offering financial counseling. The asset management and trust division located in Greensburg, Pennsylvania offers a variety of financial services and products. The Bank has seven banking offices located in Latrobe, Unity Township, Ligonier, West Newton, and Hempfield Township. Its personal banking services include checking account, saving account loan products and other services. Its business banking services include checking and saving account, and other services.