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Community Heritage Financial, Inc. (OTCPK: CMHF) is the parent company of Middletown Valley Bank and Millennium Financial Group, Inc. (Mlend). Company news releases describe Middletown Valley Bank as a full-service commercial and retail bank providing personal and business banking services, and Mlend as a full-service mortgage lender with offices in specified Maryland locations. The organization’s news flow offers insight into its banking, mortgage lending, and corporate activities.
On this page, readers can review news items that cover quarterly financial results, including net income, net interest income, net interest margin, noninterest income components, noninterest expenses, and asset quality measures such as non-performing assets and net charge-offs. Earnings releases also discuss loan portfolio composition, deposit trends, funding sources, and the impact of interest rate changes and programs such as the Bank Term Funding Program offered through the Federal Reserve Bank.
Community Heritage Financial, Inc. also issues dividend announcements detailing quarterly cash dividends on its common stock, including per-share amounts, record dates, and payment dates. Additional news includes governance and leadership updates, such as the appointment of independent directors to the boards of the Company and the Bank and executive leadership transitions involving roles like Chief Risk Officer and Chief Operating Officer.
Investors and observers can use this news feed to follow how the company reports on its financial performance, balance sheet trends, credit quality, dividend decisions, and board and management changes. Regularly reviewing these updates can help users understand how Community Heritage Financial, Inc. describes its operations, regional banking presence, and mortgage lending activities over time.
Community Heritage Financial (OTC PK: CMHF) reported record 2025 results with net income $8.7M and EPS $2.93, a 30.6% increase vs. 2024. Total assets reached $1.1B, up $108.7M year-over-year, funded by deposits up $76.8M and borrowings up $18.0M. Gross loans grew to $927.2M (+9.9%), led by construction, residential, and commercial loan growth. Net interest income rose to $36.0M with NIM improving to 3.42% and cost of funds down to 2.07%. The allowance for credit losses to loans was 1.06% after a $750k specific reserve related to a single commercial loan; provision increased to $1.5M. The Board declared a $0.08 per-share dividend payable Feb 6, 2026.
Community Heritage Financial (OTCPK: CMHF) announced a quarterly cash dividend of $0.08 per share for fourth quarter 2025. The Board declared the dividend payable on February 6, 2026 to shareholders of record on January 30, 2026. Community Heritage Financial is the parent company of Middletown Valley Bank (MVB), which provides personal and business banking and residential mortgage lending through MVB Home Loans. Founded in 1908, MVB serves customers in Frederick, Washington, and Garrett counties in Maryland and Franklin County, Pennsylvania.
Investor relations contact: Robert E. (BJ) Goetz, Jr., President & CEO.
Community Heritage Financial (OTCPK: CMHF) announced an executive leadership transition effective April 1, 2026. Michael Hill will retire and be succeeded as Executive Vice President, Chief Risk Officer by Brenda McComas, who brings extensive risk management and compliance experience. Cody Hill, currently Senior Vice President and Director of Retail Banking, will become Executive Vice President, Chief Operating Officer, succeeding McComas.
The company described the moves as part of a long-term strategy to align functions, streamline leadership roles, and maintain service to customers and communities. Contact and subsidiary information for Middletown Valley Bank and Millennium Financial Group is provided for investor inquiries.
Community Heritage Financial (OTC PK: CMHF) reported Q3 2025 net income $1.9M or $0.66 diluted, down 21.6% vs Q2 2025 and down 5.5% vs Q3 2024. YTD net income through Sept 30, 2025 was $6.3M or $2.13 per share, up 28.4% vs prior year. The Bank took a $750K specific reserve tied to a single commercial credit; Q3 provision for credit losses rose to $961K (YTD $1.4M).
Balance sheet: $1.092B assets, loans $899.8M (net $890.1M), loans +6.2% YoY, deposits +5.3% YoY. NIM improved to 3.40%. Board declared a $0.08 per-share dividend payable Nov 7, 2025.
Community Heritage Financial (OTCPK: CMHF) announced a quarterly cash dividend of $0.08 per share. The Board declared the dividend payable on November 7, 2025 to shareholders of record on October 31, 2025.
Community Heritage Financial is the parent company of Middletown Valley Bank, which offers personal and business banking and mortgage lending through its subsidiary Millennium Financial Services (Mlend). The bank operates in Frederick, Washington and Garrett counties in Maryland and Franklin County in Pennsylvania.
Community Heritage Financial (OTC PK: CMHF) reported record Q2 2025 earnings with net income of $2.5 million ($0.84 per diluted share), up 31.1% from Q1 2025 and 71.2% year-over-year. The company's total assets reached $1.1 billion as of June 30, 2025, with loan balances growing to $872.1 million, representing a 3.7% increase year-over-year.
The net interest margin improved significantly to 3.37% in Q2 2025, up from 2.83% in Q2 2024, benefiting from stabilized deposit rates and higher loan repricing. Asset quality remained strong with non-performing assets at just 0.13% of total assets. The Board declared a dividend of $0.08 per share, payable on August 8, 2025.
Community Heritage Financial (OTCPK: CMHF) has declared a quarterly cash dividend of $0.08 per share on its common stock. The dividend will be paid on August 8, 2025, to shareholders of record as of August 1, 2025.
The company operates through its subsidiary Middletown Valley Bank, which provides personal and business banking services, along with mortgage lending through Millennium Financial Services (Mlend). Founded in 1908 in Middletown, Maryland, the bank now serves multiple counties across Maryland and Pennsylvania.
Community Heritage Financial (CMHF) reported strong Q1 2025 financial results with net income of $1.9 million, or $0.64 per diluted share, marking a 33.9% increase from Q1 2024. The company's total assets reached $1.06 billion as of March 31, 2025.
Key highlights include loan balance growth to $863.4 million, representing a 3.9% increase year-over-year. Net interest income improved to $8.4 million, with net interest margin expanding to 3.36%. Asset quality remained robust with non-performing assets to total assets at 0.14%.
The Board declared a dividend of $0.08 per common share, payable on May 9, 2025. Growth was notably strong in non-owner occupied commercial real estate loans, residential loans, and owner-occupied commercial real estate loans, while construction and land development loans declined.
Community Heritage Financial (OTCPK: CMHF) has declared a quarterly cash dividend of $0.08 per share on its common stock, payable on May 9, 2025, to shareholders of record on May 2, 2025.
The company operates through its subsidiary Middletown Valley Bank, which was established in 1908 in Middletown, Maryland. The bank provides personal and business banking services, along with mortgage lending services through its wholly owned subsidiary, Millennium Financial Services (Mlend). The bank currently maintains operations across multiple counties including Frederick, Washington, Garrett in Maryland, and Franklin County in Pennsylvania.
Community Heritage Financial (CMHF) reported strong financial results for 2024, with net income reaching $6.6 million ($2.27 per diluted share), marking a 54.3% increase from $4.3 million in 2023. Fourth quarter 2024 net income was $1.7 million, down from Q3 but up from Q4 2023.
Total assets reached $1.02 billion as of December 31, 2024, showing a $31.7 million increase year-over-year. Loan balances grew to $847.6 million, up 4.3% from 2023. Net interest income improved to $30.7 million in 2024, with net interest margin increasing from 2.76% to 2.92%. Asset quality remained strong with non-performing assets at 0.15% of total assets.
The company declared a dividend of $0.08 per common share, payable on February 7, 2025.