Business
Commercial National Financial Corporation Reports 4th Quarter 2025 Results
ITHACA, Mich., Jan. 22, 2026 (GLOBE NEWSWIRE) -- Commercial National Financial Corporation (OTCID: CEFC) reported net income for the fourth quarter of 2025 of $1,784,000 or $0.45 per share compared to fourth quarter 2024 net income of $1,882,000 or $0.47 per share. Return on Equity was 12.64% for the fourth quarter of 2025 compared to 14.73% for the fourth quarter of 2024. Net interest income for the fourth quarter of 2025 increased by $320,000 or 6.5% compared to the respective 2024 period. Int
About this update from Commercial National Financial Corp (mi)
[{"type":"text","content":"ITHACA, Mich., Jan. 22, 2026 (GLOBE NEWSWIRE) -- Commercial National Financial Corporation (OTCID: CEFC) reported net income for the fourth quarter of 2025 of $1,784,000 or $0.45 per share compared to fourth quarter 2024 net income of $1,882,000 or $0.47 per share. Return on Equity was 12.64% for the fourth quarter of 2025 compared to 14.73% for the fourth quarter of 2024.","length":375,"tagName":"p"},{"type":"text","content":"Net interest income for the fourth quarter of 2025 increased by $320,000 or 6.5% compared to the respective 2024 period. Interest income decreased by $196,000, mainly due to a decrease in loans. Interest expense decreased by $516,000, mainly due to a decrease in funding costs. Non-interest income decreased by $218,000, while operating expenses increased by $150,000, which was mainly due to higher wages and benefits expense.","length":427,"tagName":"p"},{"type":"text","content":"Total assets were $554 million as of December 31, 2025 compared to $567 million as of December 31, 2024. Total deposits decreased by $27 million, which consisted of a decrease of $15 million in core deposits and $12 million in brokered deposits, which were replaced with borrowings from the Federal Home Loan Bank. While total loans decreased by $24 million or 6.1% due to the high interest rate environment and early loan payoffs, loan quality remained strong with a non-performing assets ratio of 0.17%. Additionally, CEFC’s wholly owned subsidiary, Commercial Bank, remains “well capitalized” for regulatory purposes.","length":620,"tagName":"p"},{"type":"text","content":"Visit www.commercial-bank.com to view the latest news releases and other information about CEFC and Commercial Bank.","length":116,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"16","style":"width:98.9787%;text-align:left;vertical-align:middle;","val":[{"type":"text","content":"Selected Financial Data (unaudited):","length":36,"tagName":"p","attribs":{}}]},{"style":"width:0.905687%;","val":[]}]},{"val":[{"style":"width:32.9929%;","val":[]},{"colspan":"7","style":"width:33.6398%;text-align:center;vertical-align:middle;","val":[{"type":"text","content":"Quarter Ended","length":13,"tagName":"p","attribs":{}}]},{"style":"width:1.03507%;","val":[]},{"colspan":"7","style":"width:31.3109%;text-align:center;vertical-align:middle;","val":[{"type":"t...