Press Releases
<BERKELEY SPRINGS, WV MARCH 3, 2023> Press Release YTD 2022
<BERKELEY SPRINGS, WV FEBRUARY 21, 2023> Becky Stotler Celebrates 40 Years with CNB Bank
<BERKELEY SPRINGS, WV JANUARY 27, 2023> Greg L. Forney Named Commercial Banker
<BERKELEY SPRINGS, WV JANUARY 13, 2023> CNB Bank Donates $50,000 to Hagerstown Community College Students
<BERKELEY SPRINGS, WV DECEMBER 6, 2022> CNB Receives Multiple Accolades
<BERKELEY SPRINGS, WV DECEMBER 2, 2022> CNB Bank Named Best Community Bank to Work For by Independent Banker Magazine
<BERKELEY SPRINGS, WV NOVEMBER 14, 2022> CNB Bank is recognized as Best in Banking in Forbes Magazine
<HAGERSTOWN, MD SEPTEMBER 1, 2022> CNB Bank holds Non-Profit Event
<MARTINSBURG, WV APRIL 1, 2022> Tiffany Bond is Named Loan Operations Manager
<MARTINSBURG, WV MARCH 30, 2022> Danielle Johnson is Named Branch Manager
<HANCOCK, MD MARCH 28, 2022> Joe Anderton is Named Vice President/Commercial Banker
<BERKELEY SPRINGS, WV MARCH 21, 2022> Greg Forney is Named Portfolio Manager
<BERKELEY SPRINGS, WV MARCH 17, 2022> Jamie Shaffer is Named Employee of the Year
<BERKELEY SPRINGS, WV FEBRUARY 28, 2022> CNB Bank Announces Results for the Year
<HAGERSTOWN, MD FEBRUARY 25, 2022> Dwayne Shrader is Named Senior Vice President
Announcements
CNB FINANCIAL SERVICES, INC. ANNOUNCES RESULTS FOR THE YEAR
Mark D. Harrell, President/CEO of CNB Financial Services, Inc. (CNB), the parent company of CNB Bank, Inc. announced that CNB had consolidated net income for the year ended December 31, 2022 of $3.8 million, or $9.59 per common share and $10.55 per Class A common share compared to consolidated net income for the year ended December 31, 2021 of $3.4 million, or $8.66 per common share and $9.53 per Class A common share.
Capital is a key measure of a bank’s financial health and CNB continues to be rated a well capitalized financial institution by regulatory authorities. CNB’s capital totaled $31.9 million or 5.5% of total assets as of December 31, 2022.
CNB, with total assets at December 31, 2022 of $582.7 million, has two full-service offices and ATMs in Berkeley Springs, West Virginia. The Bank has three full-service branch offices and ATMs in Berkeley County, West Virginia. Our Berkeley County office locations are in Hedgesville, south Martinsburg, and Falling Waters, West Virginia. The Bank has three full-service branch offices and ATMs in Washington County, Maryland. Our Washington County office locations are in Hancock with our Hagerstown offices located at 1591 Potomac Avenue and 1625 Dual Highway.