CB Financial Services Inc
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
CBFV$40.34-2.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Financial Condition
| (Unaudited) September 30,2024 | December 31,2023 | |
|---|---|---|
| (Dollars in thousands, except per share and share data) | ||
| ASSETS | ||
| Cash and Due From Banks: | ||
| Interest-Earning | $138,570 | $62,442 |
| Noninterest-Earning | 8,755 | 5,781 |
| Total Cash and Due From Banks | 147,325 | 68,223 |
| Securities: | ||
| Available-for-Sale Debt Securities, at Fair Value | 268,245 | 204,507 |
| Equity Securities, at Fair Value | 2,636 | 2,588 |
| Total Securities | 270,881 | 207,095 |
| Loans Held for Sale | 428 | — |
| Loans, Net of Allowance for Credit Losses of $9,479 and $9,707 at September 30, 2024 and December 31, 2023, Respectively | 1,056,276 | 1,100,689 |
| Premises and Equipment, Net | 20,838 | 19,704 |
| Bank-Owned Life Insurance | 24,057 | 25,378 |
| Goodwill | 9,732 | 9,732 |
| Intangible Assets, Net | 88 | 958 |
| Accrued Interest Receivable and Other Assets | 32,116 | 24,312 |
| TOTAL ASSETS | $1,561,741 | $1,456,091 |
| LIABILITIES | ||
| Deposits: | ||
| Noninterest-Bearing Demand Accounts | $267,022 | $277,747 |
| Interest-Bearing Demand Accounts | 326,505 | 362,994 |
| Money Market Accounts | 220,789 | 201,074 |
| Savings Accounts | 172,354 | 194,703 |
| Time Deposits | 367,150 | 230,641 |
| Total Deposits | 1,353,820 | 1,267,159 |
| Other Borrowings | 34,708 | 34,678 |
| Accrued Interest Payable and Other Liabilities | 24,073 | 14,420 |
| TOTAL LIABILITIES | 1,412,601 | 1,316,257 |
| STOCKHOLDERS' EQUITY | ||
| Preferred Stock, No Par Value; 5,000,000 Shares Authorized | — | — |
| Common Stock, $0.4167 Par Value; 35,000,000 Shares Authorized, 5,789,438 Shares Issued and 5,129,921 Shares Outstanding at September 30, 2024, with 5,759,378 and 5,118,713 Shares Issued and Outstanding at December 31, 2023. | 2,413 | 2,400 |
| Capital Surplus | 86,072 | 85,334 |
| Retained Earnings | 89,607 | 83,392 |
| Treasury Stock, at Cost (659,517 and 640,665 Shares at September 30, 2024 and December 31, 2023, Respectively) | (15,042) | (14,545) |
| Accumulated Other Comprehensive Loss | (13,910) | (16,747) |
| TOTAL STOCKHOLDERS' EQUITY | 149,140 | 139,834 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $1,561,741 | $1,456,091 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.