HILLSDALE, Mich., April 12, 2024 /PRNewswire/ -- CNB Community Bancorp, Inc. (OTCQX:CNBB), the parent company of County National Bank (the "Bank"), today announced earnings for the three months ended March 31, 2024. Earnings during the first quarter of 2024 totaled $2.7 million, a decrease of $156,000 from the $2.9 million earned during the three months ended March 31, 2023.  Basic earnings per share for CNB Community Bancorp, Inc. (the "Company") decreased to $1.26 during the three months ended March 31, 2024, down $0.08 from $1.34 during the first quarter of 2023. The annualized return on average assets ("ROA") decreased to 0.88% for the three months ended March 31, 2024, down 12 basis points or 12.0% from 1.00% for the three months ended March 31, 2023. The annualized return on average equity ("ROE") decreased to 11.43% for the current quarter, down from 13.20%  for the first quarter of 2023. Book value per share increased to $45.05 at March 31, 2024, up $3.06, or 7.3%, from $41.99 at March 31, 2023. Joseph R. Williams, President and Chief Executive Officer of CNB Community Bancorp, Inc. and County National Bank, stated, "I have noted that since the turmoil of Spring of 2023 that included the failure of multiple banks, our industry has done a remarkable job in recovering from the stigma of those times.  Because CNB has a different client base and strategy that focuses on our communities and keeping our deposits working in those communities, we have continued to ...