CNB Community Bancorp (CNB Community Bancorp) Tax Rate % : 19.39% (As of Mar. 2024)

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What is CNB Community Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CNB Community Bancorp's Tax Expense for the three months ended in Mar. 2024 was $0.66 Mil. CNB Community Bancorp's Pre-Tax Income for the three months ended in Mar. 2024 was $3.40 Mil. Therefore, CNB Community Bancorp's Tax Rate % for the quarter that ended in Mar. 2024 was 19.39%.

CNB Community Bancorp Tax Rate % Historical Data

The historical data trend for CNB Community Bancorp's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CNB Community Bancorp Tax Rate % Chart

CNB Community Bancorp Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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21.09

20.31

20.41

19.90

19.79

CNB Community Bancorp Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															20.00	19.87	18.49	20.79	19.39

CNB Community Bancorp Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

CNB Community Bancorp's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	2.618	/	13.231
	=	19.79 %

CNB Community Bancorp's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	0.66	/	3.404
	=	19.39 %

CNB Community Bancorp Tax Rate % Related Terms

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CNB Community Bancorp (CNB Community Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CNB Community Bancorp Inc (OTCPK:CNBB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 South Howell Street, Hillsdale, MI, USA, 49242

Website

https://www.countynationalbank.com

CNB Community Bancorp Inc is a United States based bank holding company of County National Bank. The bank engaged in offering personal banking and business banking services. It provides checking accounts services, savings accounts services, loans, mortgages, Certificate of deposit, debit card and credit cards, among other services. In addition, the bank is also involved in the trust and investment activities. The company offers banking products and services to the local communities it serves in Hillsdale, Jackson, Calhoun, and Lenawee counties in Michigan, US.