Wednesday, October 19, 2011

Community National Bank Announces Third Quarter Earnings

Community National Bank (OTCBB: CBNY) today announced third quarter results for 2011. Highlights for the quarter include: Net income of $611 thousand for the third quarter of 2011 compared to net income of $404 thousand for the same quarter in 2010. Net interest income grew $791 thousand or 22% over 2010 to $4.3 million for the quarter. The net interest margin increased to 3.61%. Commercial loans increased 21% or $38.7 million to $223.4 million at September 30, 2011 compared to $184.7 mill...continued
     

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