Commercial National Financial Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the second quarter of 2018, net income was $1,185,211, or $0.30 per diluted share compared to second quarter 2017 net income of $1,042,904, or $0.26 per diluted share. For the quarter ended June 30, 2018, net interest income decreased $60,000, or 1.7%. The increase in interest income from the higher interest rate environment was more than offset by a higher cost of funds. Net interest income was $3,576,118 against $3,635,672 for the same period a year ago. Income before taxes was $1,435,211 against $1,506,904 for the same period a year ago. Interest income was $4,777,678 against $4,679,237 for the same period a year ago. Return on equity was 14.17% against 13.08% for the same period a year ago. Return on assets was 0.91% against 0.79% for the same period a year ago. For the six months, interest income was $9,513,890 against $9,239,893 for the same period a year ago. Net interest income was $7,192,640 against $7,236,494 for the same period a year ago. Income before taxes was $2,734,822 against $1,122,909 for the same period a year ago. Net income was $2,248,822 or $0.57 per diluted share against $836,909 or $0.21 per diluted share for the same period a year ago. Return on equity was 13.60% against 5.21% for the same period a year ago. Return on assets was 0.87% against 0.32% for the same period a year ago. Book value per share was $8.52 as at June 30, 2018 against $8.13 as at June 30, 2017.