CNB Community Bancorp

CNB Community Bancorp reported Q3 2026 net income of $2.7 million, down 15.5% from $3.2 million a year earlier, with EPS falling to $1.35 from $1.55. The drop was driven by a $2.2 million provision for credit losses, up sharply from $245,000 in Q3 2025, and $1.9 million in net charge-offs tied to commercial real estate credits. Nonperforming assets jumped to $27.8 million (2.05% of total assets) from $16.8 million at year-end, with two large CRE credits totaling roughly $10 million now in workout. The bank's core lending engine remains solid — net interest margin expanded to 4.09% from 3.96% and net interest income rose 6.5% to $13.2 million — but the credit deterioration is the headline risk for a small-cap bank trading near its 52-week high. Book value per share rose to $56.25, and the company continues its buyback, repurchasing 29,282 shares in 2026 at an average of $45.39.