Commercial Bancgroup, Inc. (NASDAQ:CBK), a Tennessee-based bank holding company, filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission on August 12, 2026, covering the period ended June 30, 2026.

Key Highlights

  • Share count: As of August 12, 2026, the company had 13,701,269.5 shares of common stock, $0.01 par value per share, outstanding.
  • Filer classification: The company identified itself as a non-accelerated filer, smaller reporting company, and emerging growth company.
  • Shell company status: The registrant indicated it is not a shell company as defined in Rule 12b-2 of the Exchange Act.
  • Geographic focus: According to the filing, the company's operations are concentrated in Kentucky, North Carolina, and Tennessee.
  • Loan portfolio concentration: The filing discloses concentration in real estate loans, including commercial real estate, commercial, and construction and land development loan portfolios.
  • Reporting compliance: The registrant confirmed it has filed all required reports during the preceding 12 months and has been subject to filing requirements for the past 90 days.

Commercial Bancgroup's Second-Quarter 2026 Filing: Company Profile and Disclosed Risk Factors

Commercial Bancgroup, Inc., incorporated in Tennessee and headquartered at 6710 Cumberland Gap Parkway, Harrogate, Tennessee 37752, filed its Form 10-Q for the quarterly period ended June 30, 2026. The filing covers consolidated financial statements including balance sheets as of June 30, 2026 (unaudited) and December 31, 2025, as well as statements of income, comprehensive income, changes in shareholders' equity, and cash flows for the three- and six-month periods ended June 30, 2026 and 2025, according to the document.

The company, which operates primarily in Kentucky, North Carolina, and Tennessee, disclosed a range of risk factors specific to its community banking model. Per the filing, these include concentration of the loan portfolio in real estate loans, lending to small and mid-sized businesses, and dependence on maintaining stable, low-cost deposits. The registrant also cited risks related to interest rate fluctuations and their effect on earnings and the market value of investment and loan portfolios.

Additional risks noted in the filing include the ability to execute on its growth strategy, potential acquisition-related integration challenges, cybersecurity threats, and competition from local, regional, national, and financial technology providers. The company also flagged risks around maintaining a "satisfactory" rating under the Community Reinvestment Act and the ability to attract and retain key personnel. The filing notes that forward-looking statements contained in the report are subject to significant risks and uncertainties, and the company cautions that "actual results may prove to be materially different from the results expressed or implied by the forward-looking statements."

What Was Disclosed

Commercial Bancgroup submitted its quarterly report for the period ended June 30, 2026, disclosing its share count of 13,701,269.5 shares outstanding as of August 12, 2026, its filer status classifications, its geographic operating footprint in three states, and a detailed set of company-specific risk factors.