Community National Reports 1Q Profit

  • Click on individual bank names in the table below to access American Banker's coverage of each company's earnings report. Links to relevant coverage, filings, releases, and bank benchmark profile data can be found in the Related Links area of each article.

    April 29

Community National Bank in Great Neck, N.Y., said improved net interest income was instrumental in its posting a first-quarter profit of $623,000, compared with a $134,000 profit a year earlier.

Net interest income rose 7% from a year earlier, to $3.9 million.

The $475.9 million-asset bank, which reported its results Friday, also recorded $1.3 million in gains from selling Small Business Administration loans.

The loan-loss provision more than doubled from a year earlier, to $760,000.

For reprint and licensing requests for this article, click here.
Community banking New York New York
MORE FROM AMERICAN BANKER