CB Financial Services Inc
For the period ended Dec 31, 2023. Filed Mar 13, 2024.
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FY2023 · Filed Mar 13, 2024
CBFV$41.10+0.7%Stored close · as of Nov 12, 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 at and
Checking your notes…
| December 31, | 2023 | 2022 |
|---|---|---|
| (Dollars in Thousands, Except Per Share and Share Data) | ||
| ASSETS | ||
| Cash and Due From Banks: | ||
| Interest-Earning | $62,442 | $82,957 |
| Noninterest-Earning | 5,781 | 20,743 |
| Total Cash and Due From Banks | 68,223 | 103,700 |
| Securities: | ||
| Available-for-Sale Debt Securities, at Fair Value | 204,507 | 187,360 |
| Equity Securities, at Fair Value | 2,588 | 2,698 |
| Total Securities | 207,095 | 190,058 |
| Loans (Net of Allowance for Credit Losses of $9,707 and $12,819 at December 31, 2023 and 2022, Respectively) | 1,100,689 | 1,037,054 |
| Premises and Equipment, Net | 19,704 | 17,844 |
| Bank-Owned Life Insurance | 25,378 | 25,893 |
| Goodwill | 9,732 | 9,732 |
| Intangible Assets, Net | 958 | 3,513 |
| Accrued Interest Receivable and Other Assets | 24,312 | 21,144 |
| TOTAL ASSETS | $1,456,091 | $1,408,938 |
| LIABILITIES | ||
| Deposits: | ||
| Noninterest-Bearing Demand Accounts | $277,747 | $390,405 |
| Interest-Bearing Demand Accounts | 362,994 | 311,825 |
| Money Market Accounts | 201,074 | 209,125 |
| Savings Accounts | 194,703 | 248,022 |
| Time Deposits | 230,641 | 109,126 |
| Total Deposits | 1,267,159 | 1,268,503 |
| Short-Term Borrowings | — | 8,060 |
| Other Borrowed Funds | 34,678 | 14,638 |
| Accrued Interest Payable and Other Liabilities | 14,420 | 7,582 |
| TOTAL LIABILITIES | 1,316,257 | 1,298,783 |
| STOCKHOLDERS' EQUITY | ||
| Preferred Stock, No Par Value; 5,000,000 Shares Authorized | — | — |
| Common Stock, $0.4167 Par Value; 35,000,000 Shares Authorized, 5,759,378 and 5,708,433 Shares Issued and 5,119,543 and 5,100,189 Shares Outstanding, Respectively | 2,400 | 2,379 |
| Capital Surplus | 85,334 | 83,953 |
| Retained Earnings | 83,392 | 63,861 |
| Treasury Stock, at Cost (639,835 and 608,244 Shares, Respectively) | (14,545) | (13,797) |
| Accumulated Other Comprehensive Loss | (16,747) | (26,241) |
| TOTAL STOCKHOLDERS' EQUITY | 139,834 | 110,155 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $1,456,091 | $1,408,938 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.