Commonwealth Bank has released its earnings report for the nine months ended September 2012. While the report shows strong core performance with total revenues up 4% over 2011 and general and administrative costs contained to less than a 2% growth, the ongoing high levels of unemployment and non performing loans resulted in the Bank’s reported net income for the 9 months ended September 30, 2012 totaling $29.2 million. Net income for the same period in 2011 was $38.7 million.