CNB COMMUNITY BANCORP, INC. REPORTS RECORD 2022 RESULTS

HILLSDALE, Mich., Jan. 13, 2023 /PRNewswire/ — 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, 2022. Earnings during the fourth quarter of 2022 totaled $3.1 million, an increase of $901,000 from the $2.2 million earned during the three months ended December 31, 2021. Basic earnings per share increased to $1.45 during the three months ended December 31, 2022, up $0.41 from $1.04 during the fourth quarter of 2021. For the year ended December 31, 2022, CNB Community Bancorp, Inc. (the “Company”) reported record net income of $12.2 million, an increase of $769,000, or 6.7%, from the $11.4 million earned during the year ended December 31, 2021. Basic earnings per share increased to $5.68 during the year ended December 31, 2022, up $0.32 from $5.36 during 2021.

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