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Corporate Profile & Financial Highlights

CNB Financial Services, Inc. was organized under the laws of West Virginia in March 2000 at the direction of the Board of Directors of CNB Bank, Inc. (CNB) for the purpose of becoming a financial services holding company. CNB Financial Services primary function is to direct, plan and coordinate the business activities for CNB and its subsidiary. CNB is a full-service commercial bank conducting general banking and trust activities through eight full-service offices and eight automated teller machines located in Morgan and Berkeley Counties, West Virginia and Washington County, Maryland.

Financial Reports

You may obtain copies of our latest financial reports by contacting Shareholder Relations at 1-888-258-1520, by downloading the PDF Annual Report below, or by clicking the Flipbook link and viewing it online.

Press Releases:

For additional requests, please contact us.

 

Financial Highlights:

Selected Financial Data
 
 
Current EOP
3/31/2024

 

Previous YTD EOP
3/31/2023

 

Previous EOY
12/31/2023    
Total assets $622,508 $584,845 $611,870
Securities available for sale $109,770 $116,553 $115,750
Loans and lease, net of unearned income $459,252 $428,907 $456,521
Deposits $550,447 $522,225 $552,944
Shareholders' equity $37,432 $34,939 $37,485
Significant Ratios 3/31/2024 3/31/2024 12/31/2023
Net interest margin 2.96% 3.10% 3.08%
Return on average assets 0.68% 0.63% 0.58%
Return on average shareholders' equity 11.14% 11.35% 10.04%
Summary of Operations
QTD CY 
03/31/2024
QTD PY
03/31/2023
YTD CY
03/31/2024
YTD PY
03/31/2023
Interest income $6,966 $5,854 $6,966 $5,854
Interest expense $2,521 $1,534 $2,521 $1,534
Net interest income $4,445 $4,320 $4,445 $4,320
Provision for loan losses
$40
$122 $40 $122
Net interest income after provision for loan losses $4,405 $4,198 $4,405 $4,198
Non-interest income $1,138 $1,168 $1,138 $1,168
Non-interest expense $4,235 $4,211 $4,235 $4,211
Income before income taxes $1,308 $1,155 $1,308 $1,155
Income tax expense $260 $241 $260 $241
Net income $1,048 $914 $1,048 $914
Basic earnings per common share $2.68 $2.34 $2.68 $2.34
Basic earnings per class
A common share
$2.95 $2.57 2.95 $2.57
Period ended
(in thousands except per share data)

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Routing Number 052204359

NMLS #681652

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