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CNBZ (CNB MI) Altman Z-Score


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What is CNB MI Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


CNB MI Business Description

Traded in Other Exchanges
N/A
Address
303 North Main Street, Cheboygan, MI, USA, 49721
CNB Corp MI is a one-bank holding company, that conducts no direct business activities. All business activities are performed by Citizens National Bank. The Bank provides a full range of banking services to individuals, agricultural businesses, commercial businesses, and light industries located in its service area. It maintains a diversified loan portfolio, including loans to individuals for home mortgages, automobiles, personal expenditures, and loans to business enterprises for current operations and expansion. It is headquartered in Cheboygan with offices in Onaway, Pellston, Mackinaw City, Indian River, Alanson, and Petoskey.