Communities First Financial Corporation reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net interest income was USD 14.31 million compared to USD 10.42 million a year ago. Net income was USD 7.62 million compared to USD 5.41 million a year ago. Basic earnings per share from continuing operations was USD 2.43 compared to USD 1.76 a year ago. Diluted earnings per share from continuing operations was USD 2.42 compared to USD 1.74 a year ago.
For the full year, net interest income was USD 48.09 million compared to USD 38.84 million a year ago. Net income was USD 26.52 million compared to USD 20.53 million a year ago. Basic earnings per share from continuing operations was USD 8.5 compared to USD 6.69 a year ago. Diluted earnings per share from continuing operations was USD 8.44 compared to USD 6.62 a year ago.