Online Banking Access
  • Personal
  • IB Plus+

Apply for a mortgage

Community Bank Business Advantage

Community Bank Royalty Services

Open a new account

Order deluxe checks and forms

Financial Highlights and Press Releases

Consolidated Financial Highlights as of December 31, 2013  


Assets.....................................$546,486,000
Net Loans................................$373,764,000
Deposits..................................$480,335,000
Net Income.................................$4,256,000
Earnings per Share
        Basic…………………………..$1.73
        Diluted……………………....…$1.72
Book Value per Share……….……..$18.24


CB Financial Services, Inc stock trades under the symbol "CBFV"

Main Office located in Carmichaels, Pennsylvania and the Executive Office located in Washington, Pennsylvania.

Community Bank is a wholly owned subsidiary of CB Financial Services, Inc.

 


Community Bank Reports Higher Earnings for Third Quarter

Community Bank today announced third quarter financial results.  For the third quarter of 2013, Community Bank earned $1,134,000.  This is an increase of 6.1% over the earnings of the Bank in the third quarter of 2012.  Third quarter earnings equated to $.46 per share, a Return on Equity of 10.44% and a Return on Average Assets of .83%.  Year to date earnings are $3,029,000.  This compares to YTD earnings through three quarters in 2012 of $3,280,000.

Pat McCune, President & CEO of Community Bank, explained that “Community Bank has had an excellent year in loan production.  This has enabled us to increase earnings despite historically low interest rates on our loans and securities.  The Bank is doing well and we look forward to the future with confidence.”

Community Bank had average assets of $540,285,000 during the third quarter, as compared to average assets of $538,348,000 during the third quarter last year.  Community Bank is a full service commercial bank now in its 112th year.  The Bank operates eleven offices in Southwestern Pennsylvania.  Visit www.communitybank.tv.

 


American Banker Magazine Ranking

Dear Valued Shareholder:

We wanted to share with you a recent article in American Banker magazine, a copy of which is enclosed. American Banker magazine ranked banks and thrifts under $2,000,000,000 in assets in terms of average Return On Equity over the last three years. Out of the banks which met the ranking criteria, Community Bank ranked sixty sixth (66th) in the nation. There are approximately 850 banks and thrifts which are under $2 Billion in assets, so it is gratifying to be ranked in the top ten percent of this elite group.


The Bank is busy and healthy and we are looking forward to another good year. As always, we very much appreciate your confidence and support.

Sincerely,

Ralph J. Sommers, Jr., Chairman 

 Barron P. McCune, Jr., President & CEO

American Banker Magazine Top 200 Banks 2013


COMMUNITY BANK ANNOUNCES SHAREHOLDER DIVIDEND

Carmichaels, Pennsylvania – May, 22, 2013—Barron P. McCune, Jr., President & CEO of CB Financial Services, Inc. (the holding company for Community Bank), announced the following:

The Directors of CB Financial Services, Inc. declared a quarterly dividend payment of $0.21 per share for shareholders of record as of June 7, 2013, payable on June 17, 2013.  This represents the same amount of a dividend paid in March, 2013.

With assets in excess of $530,000,000, Community Bank has 11 branch locations in Allegheny, Greene, and Washington Counties. The stock of CB Financial Services, Inc. is traded under the symbol CBFV.   Visit Community Bank at www.communitybank.tv or call 1-888-223-8099.


Financial Highlights as of December 31, 2012           

  • Assets.....................................$546,458,000
  • Net Loans.................................$342,226,000
  • Deposits...................................$471,273,000
  • Net Income...................................$3,217,000
  • Earnings per Share................................$1.73*

Community Bank is a wholly owned subsidiary of CB Financial Services, Inc.

Main Office located in Carmichaels, Pennsylvania and the Executive Office located in Washington, Pennsylvania 

CB Financial Services, Inc stock trades under the symbol "CBFV" 

Book Value of CB Financial Services, Inc Stock per share, $18.19* 

   *As of December 31, 2012 (audited)    Fully diluted EPS - $1.70

2012  Year End Press Release

January 31, 2013, Carmichaels, PA

Community Bank announced today that it set new records for assets, deposits, dividends, book value, and a number of volume and activity benchmarks.  The Bank earned $4,217,000 for 2012, representing a Return on Equity of 9.81% and a Return on Assets of 0.78%.  Earnings per share were $1.71, a decline of $0.11 or 6% as compared to 2011.  Book value reached $17.73 at the end of 2012, as compared to $17.11 for year end 2011, an increase of 3.6%.  Average assets during 2012 were $539,000,000, compared to average assets of 2011 of $497,000,000.  The Bank added average deposits of over $47,000,000 during 2012, an increase of 11.6% over 2011.  Dividends paid in 2012 were $2,052,000, an increase over 2011, when the Bank paid $2,004,000 in dividends.

“Community Bank had another excellent year”, said President & CEO Barron P. McCune, Jr.  “We reached new records in volume and activity in nearly every category.  Earnings were down slightly due to low interest rates, but the Bank remains strong.  We were especially pleased this year to win the “Best Place To Work” in Washington County in the mid-sized category for the third straight year.  We are very proud of our people and our outstanding independent Bank”.

Community Bank is the wholly owned subsidiary of CB Financial Services, Inc., which trades under the symbol CBFV.  Community Bank is a full-service, independent bank serving Southwestern Pennsylvania through 11 offices.  Visit the Bank at www.communitybank.tv or call 1-888-223-8099.


2011 Year End Press Release

January 30, 2012, Carmichaels, Pa.

Community Bank reported today that 2011 was its best year ever.  Net income grew 5.3% to $4,396,675.  For the first time, the Banks’ footings exceeded half a billion dollars.  Community Bank ended the year with $533,540,164 in assets, an increase of 7.32% over December 2010.

During 2011, Community Bank also received the Pennsylvania Association of Community Bankers’ highest award for “Community Service”, while being named for the second time as the “Best Place to Work” in Washington County in the mid-sized business category.  The Bank continued its efforts to help our local people benefit from the Marcellus Shale activity, working with other community leaders to hold several public events designed to introduce local businesses to the energy industry, find people jobs, and educate our workforce, landowners, and public leaders.

Nearly all major categories of activity at Community Bank set new records, including deposits, loans, assets, net income, earnings per share, dividends, book value, and average stock price.  

President & CEO Pat McCune said that “Community Bank is grateful for the support of our friends and neighbors.  At Community Bank, we have an obligation to make sure that our customers and friends get outstanding service and honest advice.  We will continue to work to improve the lives of the people of Southwestern Pennsylvania.”

Community Bank is a subsidiary of CB Financial Services, Inc.  The Bank operates eleven branch offices in Southwestern Pennsylvania.  The stock of the holding company trades under the symbol “CBFV”.  Visit Community Bank at www.communitybank.tv or call 1-888-223-8099.


Community Bank Maintains Solid Earnings, Tops Half Billion in Assets, and Again Wins “Best Place To Work” Award

Carmichaels, Pennsylvaina - October 31, 2011-  Community Bank, the wholly owned subsidiary of CB Financial Services, Inc., reported its third quarter results today.  Through September 30, 2011, the Bank earned $3,290,430.  This represents a Return on Equity YTD of 11.08% and a Return on Average Assets of 0.90%.  Earnings through the third quarter of 2010 were $3,418,526.  Earnings per share outstanding YTD in 2011 are $1.36 as compared to $1.43 last year.  Book value per share grew from $16.70 last September 30 to $16.96 this year.

Community Bank’s total assets ended the third quarter at $509,679,000 exceeding the $500,000,000 mark for the first time at a quarter end.

On another front, on October 14, 2011, Community Bank was again selected as the “Best Place To Work” in Washington County in the mid-sized business category.  The competition is sponsored by the Washington Greene County Job Training Agency, Inc. and the Washington County Chamber of Commerce.  Participants submitted information to an independent consultant regarding matters such as turnover, training, promotion, and benefits.  Community Bank won the same award in the 2010 competition.


Community Bank Receives State Association’s Highest Award

Carmichaels, Pennsylvania - September 1, 2011 -  The Pennsylvania Association of Community Bankers (“PACB”) has awarded Community Bank its “Overall Community Service Award” for 2011.  Community Bank accepted the award at the PACB annual membership meeting in Lake Tahoe, Nevada.  Nick DiFrancesco, CEO of PACB, explained that PACB recognizes local banks that make extraordinary contributions to their community.  This year, nine banks throughout Pennsylvania were honored, with Community Bank receiving the highest honor. 

Mr. DiFrancesco said that “Community Bank has led the charge to educate the public about the Marcellus Gas boom in southwestern Pennsylvania.  The Bank has initiated numerous public events designed to find jobs for local people and introduce the local business community to the gas industry.  This is a textbook example of the type of positive influence local banks can have in their communities.  With the help of local banks like Community Bank, Pennsylvanians can lead better lives right here in Pennsylvania.”

Pat McCune, President & CEO of Community Bank, and Ralph Sommers, Chairman, accepted the award.  Mr. McCune commented that “Community Bank is proud to help our customers and friends understand the great opportunities and challenges presented by the Marcellus.  We will continue to do all we can to make sure local people find jobs and business, while helping to advance public education on the Marcellus and larger energy issues.”


CB Financial Services, Inc. June 2011 Dividend

The Board of Directors of CB Financial Services, Inc. approved a dividend payment of $0.41 per share.  This compares with a dividend of $0.40 last June and $0.41 in December 2010.  The June dividend will be paid on or about June 20, 2011 based on a record date of June 10, 2011.

The Bank is doing well and we are pleased to be able to increase your June dividend payment.  With all the turmoil in our economy, Community Bank continues to be a safe and reliable investment. 

Thank you for your continued support. 


COMMUNITY BANK ANNOUNCES SHAREHOLDER DIVIDEND

Carmichaels, Pennsylvania – May 18, 2011—Barron P. McCune, Jr., President & CEO of CB Financial Services, Inc. (the holding company for Community Bank), announced the following:

The Directors of CB Financial Services, Inc. declared a June dividend payment of $0.41 per share for shareholders of record as of June 10, 2011, payable on June 20, 2011.  This represents a 2.50% increase over the June 2010 dividend.

With assets in excess of $480,000,000, Community Bank has 11 branch locations in Allegheny, Greene, and Washington Counties. The stock of CB Financial Services, Inc. is traded under the symbol CBFV.   Visit Community Bank at www.communitybank.tv or call 1-888-223-8099. 


Community Bank Grows Earnings 30%
Named “Best Place To Work”
Named Top 100 Bank Nationwide
Named Top 20 Bank in Pennsylvania

Through the first three quarters of 2010, Community Bank earned $3,418,526.  This represents a 31% increase over earnings through September of 2009.  The Bank ended September at $487,261,100 in assets, an increase of 7.2% over last September.

 Recently, the Bank was recognized for its consistent earnings in a national ranking by U.S. Banker magazine, where it was rated one of the top 100 banks (with assets under two billion dollars) over the last three years.  Soon thereafter, an independent company ranked Community Bank in the top 20 of all Pennsylvania banks based on credit quality, operating efficiency, and earnings.  Also, Community Bank was recognized as the “Best Place To Work” by the Washington Greene County Job Training Agency, Inc. in the Mid-Sized Business category.

 Pat McCune, President & CEO, commented that “We are proud to be able to continue to serve our communities and customers, perform for our shareholders, and take care of our employees.  Community Bank has a lot of momentum and we look forward to the future in Southwestern Pennsylvania. 

 Community Bank is an independent, locally-owned commercial bank, now 109 years old.  The stock of its holding company, CB Financial Services, Inc., trades under the symbol CBFV.  Visit Community Bank at www.communitybank.tv or call 1-888-223-8099.


 Community Bank Grows Earnings 20%

Community Bank, the subsidiary of CB Financial Services, Inc., announced its mid-year earnings. The Bank made $2,137,369 through June 30, 2010, an increase of 20% as compared to this time last year. This represents a Return on Equity of 11.37% and a Return on Assets of 0.93%.

Pat McCune, President & CEO, commented that “Community Bank is strong, safe, and secure. We are fortunate to have good solid loans and investments. This has allowed us to continue to lend, serve our customers, and grow the Bank. We are determined to support our communities when the going is tough.”

Community Bank is a full service independent Bank with assets of $470,000,000 serving Southwest Pennsylvania. Its stock trades under the symbol CBFV. Visit the Bank at www.communitybank.tv or call 1-888-223-8099.                                                                                           

 

Community Bank Ranked in Top 100 Nationally


 

Financials

Investor Relations

Message from the President

History & Mission

Locations & Hours

Career Opportunities

Community Bank is an independent, full service commercial bank serving Southwest Pennsylvania in Greene, Washington, Allegheny and Fayette counties.