Overview

* Commercial National Q3 net income rises to $1.79 mln, $0.45 per share

* Return on Equity for Q3 improves to 13.35% from 11.32% last year

* Net interest income for Q3 increased by 9.8% year-over-year

Outlook

* Company did not provide specific guidance

Result Drivers

* NET INTEREST INCOME - Increased by $460,000 or 9.8%

* LOAN DECREASE - Total loans decreased by $30 mln or 7.3% due to high-interest rate environment and early loan payoffs

* ASSET DECREASE - Total assets fell due to repayment of $24 mln in wholesale funding and trust preferred debt

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 EPS $0.45

Q3 Net 3.97%

Interest

Margin

Q3 ROE 13.35%

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)