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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 844-832-2591 or 1-888-258-1520 or 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
9/30/2021

Previous YTD EOP
9/30/2020

Previous EOY
12/31/2020 
Total assets $530,115 $472,408 $481,416
Securities available for sale $101,553 $61,409 $81,792
Loans and lease, net of unearned income $372,285 $343,448 $346,740
Deposits $469,869 $413,325 $421,489
Shareholders' equity $39,336 $38,426 $38,279

Significant Ratios 9/30/2021 9/30/2020 12/31/2020
Net interest margin 3.37% 3.20% 3.29%
Return on average assets 0.75% 0.69% 0.70%
Return on average shareholders' equity 9.98% 8.32% 8.45%

Summary of Operations
QTD CY 
9/30/2021
QTD PY
9/30/2020
YTD CY
9/30/2021
YTD PY 9/30/2020
Interest income $4,959 $4,078 $13,618 $12,276
Interest expense $474 $621 $1,491 $2,205
Net interest income $4,485 $3,457 $12,127 $10,071
Provision for loan losses $170 $275 $470 $950
Net interest income after provision for loan losses $4,315 $3,182 $11,657 $9,121
Non-interest income $1,323 $1,209 $3,900 $3,818
Non-interest expense $4,326 $3,294 $11,908 $10,164
Income before income taxes $1,312 $1,097 $3,649 $2,775
Income tax expense $284 $188 $784 $474
Net income $1,028 $909 $2,865 $2,301
Basic earnings per common share $2.62 $2.24 $7.30 $5.66
Basic earnings per class
A common share
$2.88 $2.46 $8.03 $6.22

Period ended
(in thousands except per share data)