CNB Community Bancorp Q3 2026 Net Income Falls 16% to $2.7 Million Year Over Year
Bitget2026/10/16 11:00- CNB Community Bancorp’s third-quarter 2026 net income fell 16% year over year to $2.7 million, primarily due to higher credit-loss provisions.
- Net interest income rose 7% year over year to $13.2 million.
- The provision for credit losses increased year over year to $2.2 million.
- Nonperforming loans climbed 46% year over year to $27.5 million at September 30, mainly due to two large commercial real estate credits.
- Management expects asset repricing to provide a tailwind for net interest margin entering the fourth quarter.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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