2010 Third Quarter Dividend
Ithaca, Michigan, August 26, 2010—
Jeffrey S. Barker, President and CEO of Commercial Bank and its holding company, Commercial National Financial Corporation, announced that on August 18, 2010, the corporation’s Board of Directors declared a cash dividend of 13 cents per share. The dividend will be paid on October 1, 2010, to shareholders of record as of September 10, 2010. This dividend represents an annualized yield of 6.5% based upon the recently reported $8.00 per share stock price.
Commercial Bank operates full service banking offices in Alma, Greenville, Hastings, Ithaca, Lake Odessa, Middleton, Mt. Pleasant, and St. Louis.
Daniel E. Raleigh
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