CBK News & Events

Commercial Bancgroup announced that the board of directors of Commercial declared its first quarterly cash dividend of 10c per share of Commercial common stock payable on March 31 to shareholders of record as of the close of business on March 15.

Total assets were $2.3 billion as of December 31, 2025, compared to $2.3 billion as of December 31, 2024. This was primarily due to a decrease in the loan portfolio during the first three quarters of the year offset by loan growth during the fourth quarter. Total net loans were $1.9 billion as of December 31, 2025, an increase of $66.9 million, or 3.7%, from December 31, 2024. While the Bank experienced some large loan payoffs from long-term borrowers selling businesses during the year, the Bank had strong loan growth during the fourth quarter. Total net loans increased by $106.5 million or 6.1% from $1.7 billion as of September 30, 2025.

Commercial Bank announced the promotion of Justin Payne to executive VP and chief information officer. As CIO, Payne will lead the overall vision, planning, and management of all technology initiatives and information management-related resources throughout the bank. Payne joined Commercial Bank on September 8, 2008 with the acquisition of the former Union National Bank.