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CNBB (CNB Community Bancorp) Tax Rate % : 19.88% (As of Sep. 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 Sep. 2024 was $0.86 Mil. CNB Community Bancorp's Pre-Tax Income for the three months ended in Sep. 2024 was $4.31 Mil. Therefore, CNB Community Bancorp's Tax Rate % for the quarter that ended in Sep. 2024 was 19.88%.


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 %
Get a 7-Day Free Trial 21.09 20.31 20.41 19.90 19.79

CNB Community Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.49 20.79 19.39 19.58 19.88

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 Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=0.857/4.31
=19.88 %

* 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.


CNB Community Bancorp Tax Rate % Related Terms

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CNB Community Bancorp Business Description

Traded in Other Exchanges
N/A
Address
1 South Howell Street, Hillsdale, MI, USA, 49242
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.