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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
3/31/2022

Previous YTD EOP
3/31/2021

Previous EOY
12/31/2021 
Total assets $539,137 $505,429 $538,082
Securities available for sale $113,145 $89,460 $103,403
Loans and lease, net of unearned income $372,174 $356,522 $368,517
Deposits $482,546 $448,542 $477,644
Shareholders' equity $36,645 $37,301 $40,522

Significant Ratios 3/31/2022 3/31/2021 12/31/2020
Net interest margin 3.10% 3.21% 3.35%
Return on average assets 0.75% 0.77% 0.66%
Return on average shareholders' equity 9.87% 9.89% 8.70%

Summary of Operations
QTD CY 
3/31/2022
QTD PY
3/31/2021
YTD CY
3/31/2022
YTD PY 3/31/2021
Interest income $4,345 $4,259 $4,345 $4,259
Interest expense $427 $520 $427 $520
Net interest income $3,918 $3,739 $3,918 $3,739
Provision for loan losses

$130

$130 $130 $130
Net interest income after provision for loan losses $3,788 $3,609 $3,788 $3,609
Non-interest income $1,223 $1,347 $1,223 $1,347
Non-interest expense $3,953 $3,767 $3,953 $3,767
Income before income taxes $1,058 $1,189 $1,058 $1,189
Income tax expense $51 $247 $51 $247
Net income $1,007 $942 $1,007 $942
Basic earnings per common share $2.57 $2.39 $2.57 $2.39
Basic earnings per class
A common share
$2.83 $2.63 $2.83 $2.63

Period ended
(in thousands except per share data)