Commercial National Reports 55.2% Third Quarter Earnings Increase

LATROBE, PA / ACCESS Newswire / October 22, 2026 / Commercial National Financial Corporation (OTCQX:CNAF)(Company), parent Company of Commercial Bank & Trust of PA, has reported results for the quarter ended September 30, 2026. The Company earned $692,000 (or $0.24 per average share outstanding) in the third quarter 2026 compared to $446,000 (or $0.16 per average share outstanding) in the third quarter of 2025. The Company earned $1,693,000 (or $0.60 per average share outstanding) for the nine-month period ended September 30, 2026 and $1,328,000 (or $0.46 per average share outstanding) for the nine-month period ended September 30, 2025.

The Company's third-quarter earnings increased 55.2% while nine-month earnings increased 27.5%. Third quarter-end 2026 tax equivalent net interest margin improved to 4.00%. Fully insured well diversified core deposits comprised 83.50% of total deposits which favorably compares to national banking industry metrics. Federal Home Loan Bank member advances were utilized during late September in facilitating the acquisition of amortizing GNMA mortgage backed pass-through securities to capitalize on the opportunity presented by a multi-decade spike in market yields. Asset quality remained attractive. Capital adequacy and strength greatly exceeded major banking industry benchmarks. Tier one risk-based, total risk-based, leverage and common equity tier one capital ratios at September 30, 2026 were 26.67%, 26.99%, 14.87% and 26.67% respectively. Tier one capital was $57,108,000 and total risk-based capital was $57,792,000 while book capital reflected a temporary after-tax accumulated other comprehensive loss stemming from net unrealized securities available-for-sale market value depreciation. As with many other insured depository institutions nationwide, the Company's securities portfolio remains impacted by generationally elevated trade, fiscal and monetary macro policy volatility.