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CNB COMMUNITY BANCORP, INC REPORTS SECOND QUARTER 2024 RESULTS

CNB Community Bancorp, Inc. (OTCQX: CNBB), the parent company of County National Bank, today announced earnings for the three and six months ended June 30, 2024. Earnings during the second quarter of 2024 totaled $2.9 million, an increase of $395,000 or 15.5% compared to the $2.5 million earned during the three months ended June 30, 2023, predominately as a result of an increase in net interest income somewhat offset by an increase in noninterest expense associated with compensation and benefits, data communications, and fixed asset costs. Basic earnings per share for CNB Community Bancorp, Inc. (the “Company”) increased to $1.35 during the three months ended June 30, 2024, up $0.17 from $1.18 for the second quarter of 2023. For the six months ended June 30, 2024, the Company reported net income of $5.7 million, an increase of $239,000, or 4.4%, from the $5.4 million earned during the six months ended June 30, 2023, predominately resultant from an increase in net interest income and a decrease in the provision for credit loss partially offset by increases in employee, data communications, and fixed asset costs. Basic earnings per share increased to $2.61 during the six months ended June 30, 2024, up $0.09 from $2.52 for the first six months of 2023.

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County National Bank Welcomes Teffany Dickey as AVP - Retail Lending Officer

Joseph R. Williams, President and CEO of County National Bank (“CNB”), is pleased to announce the hiring of Teffany Dickey as Assistant Vice President – Retail Lending Officer. “We are very excited to add someone with Teffany’s experience and background to lead our Retail Lending Team. Teffany understands what it means to be a community banker, and she will help us continue to build relationships and grow our retail lending portfolio,” stated Chris J. Clarke, Senior Vice President – Senior Loan Officer.

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The Enterprise Group Welcomes Two New Additions to Its Team

Jackson, MI —The Enterprise Group is thrilled to announce the addition of two new members to our economic and community development team. Emily Weaver joins as our Project Manager - Economic Development, bringing her extensive experience in the automotive manufacturing industry while Sara Owen assumes the role of Executive Assistant, bringing her organizational skills from a variety of industries.

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Historian to Present on Jackson’s Profound Automotive History Wednesday

JACKSON COUNTY (June 10, 2024) – In the early 20th century Jackson was an automobile boom town! There were 24 companies that built cars in Jackson over the years. At one time, this industry was the largest employer in the city. At this free presentation, members of the public are invited to learn from local automotive historian Lloyd Ganton about this fascinating aspect of Jackson history. Following the presentation, a tour of the Museum, which includes 20 Jackson-made automobiles, will take place. The event is set to take place at the Ye Ole Carriage Shop Museum in Spring Arbor on Wednesday, June 12th, 2024, at 6 pm.

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