CNB Bank in Clearfield, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

CNB Bank - Overview

  • General
  • FDIC Certificate #: 13876
    Status: Active
    Federal Reserve ID: 399517
    Bank Holding Company (Regulatory Top Holder): Cnb Financial Corporation (RSSDID: 1118340, Location: Clearfield, PA)
    Date Established: January 27, 1934
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 27 (Domestic: 27, Interstate: No)
    OTS Docket #: 11178
    FDIC's unique #: 8676
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 09, 1934
    Last Structure Change Effective Date: August 05, 2009
    Last Structure Change Process Date: August 05, 2009
    Last Data Update: August 05, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: One South Second Street, Clearfield, PA 16830
    County: Clearfield
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Wexford
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Core Based Statistical Area (CBSA): DuBois, PA (#20180)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $1,579.5 mil
    Equity capital: $126.2 mil
    Deposits held in domestic offices: $1,354.4 mil
    Return on assets (ROA): 0.99% ($15.6 mil)
    Quarterly return on assets: 0.94% ($14.9 mil)
    Return on Equity (ROE): 12.66% ($16.0 mil)
    Quarterly return on equity: 11.62% ($14.6 mil)
    Net income: $14.8 mil
    Quarterly Net income: $3.7 mil
    Pretax return on assets: 1.34% ($21,165.8 mil)
    Quarterly Pretax return on assets: 1.25% ($19,744.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 281Total employees (full-time equivalent)
  • $1,579,541Total assets
  • $37,429Cash and due from depository institutions
  • $13,356Interest-bearing balances
  • $632,125Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $831,084Net loans & leases
  • $11,715Loan loss allowance
  • $1,150Trading account assets
  • $22,677Bank premises and fixed assets
  • $505Other real estate owned
  • $11,727Goodwill and other intangibles
  • $1,579,541Life insurance assets
  • $42,844All other assets
  • $1,445,920Total liabilities and capital
  • $1,354,358Total liabilities
  • $1,201,155Total deposits
  • $1,354,358Interest-bearing deposits
  • $66Deposits held in domestic offices
  • 10000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $64,456Trading liabilities
  • $0Other borrowed funds
  • $17,106Subordinated debt
  • $133,621All other liabilities
  • $126,242Total equity capital
  • $126,242Total bank equity capital
  • $0Perpetual preferred stock
  • $2,300Common stock
  • $45,772Surplus
  • $78,170Undivided profits
  • Memoranda
  • $7,379Noncurrent loans and leases
  • $1,594Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $16,890Income earned, not collected on loans
  • $0Earning assets
  • $6,516Long-term assets (5+ years)
  • $1,477,715Average Assets, year-to-date
  • $659,630Average Assets, quarterly
  • $1,485,396Volatile liabilities
  • $1,550,476Insider loans
  • $913,762FHLB advances
  • $1,542,110Loans and leases held for sale
  • $25,672Unused loan commitments
  • $14,138Tier 1 (core) risk-based capital
  • $110,232Tier 2 risk-based capital
  • $3,874Total risk weighted assets
  • $7,660Total unused commitments
  • $233,243Restructured Loans and leases
  • $12,272Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $62,816Total interest income
  • $16,710Total interest expense
  • $46,106Net interest income
  • $4,300Provision for loan and lease losses
  • $9,493Total noninterest income
  • $1,182Fiduciary activities
  • $4,234Service charges on deposit accounts
  • -$19Trading account gains & fees
  • $4,096Additional noninterest income
  • $31,542Total noninterest expense
  • $16,772Salaries and employee benefits
  • $4,406Premises and equipment expense
  • $10,364Additional noninterest expense
  • $19,757Pre-tax net operating income
  • $204Securities gains (losses)
  • $5,199Applicable income taxes
  • $14,762Income before extraordinary items
  • $0Extraordinary gains - net
  • $14,762Net income attributable to bank
  • $0Net charge-offs
  • $14,762Cash dividends
  • $2,414Sale, conversion, retirement of capital stock, net
  • $7,600Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.53%Yield on earning assets
  • 1.21%Cost of funding earning assets
  • 3.33%Net interest margin
  • 0.69%Noninterest income to earning assets
  • 2.28%Noninterest expense to earning assets
  • 0.98%Net operating income to assets
  • 0.99%Return on assets (ROA)
  • 1.34%Pretax return on assets
  • 12.66%Return on equity (ROE)
  • 6.14%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 178.13%Credit loss provision to net charge-offs
  • 9.97%Efficiency ratio
  • 56,731Assets per employee
  • 5.62%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.48%Loss allowance to loans
  • 1.39%Loss allowance to noncurrent loans
  • 69.36%Noncurrent assets plus other real estate owned to assets
  • 1.10%Noncurrent loans to loans
  • 2.00%Net loans and leases to deposits
  • 61.36%Net loans and leases to core deposits
  • 64.33%Equity capital to assets
  • 7.99%Core capital (leverage) ratio
  • 7.15%Tier 1 risk-based capital ratio
  • 12.06%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $1,485,396Average earning assets
  • $116,588Average equity
  • $1,385,194Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $195,928Managed Assets
  • 1Number of Accounts
  • $160,346Personal trust and agency accounts
  • $71,690Employee benefit-defined contribution accounts
  • $9,029Employee benefit-defined benefit accounts
  • $3,206Other retirement accounts
  • $17,024Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $29,122Other fiduciary accounts
  • $30,275Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 528Number of Accounts
  • $0Personal trust and agency accounts
  • $15,658Employee benefit-defined contribution accounts
  • $788Employee benefit-defined benefit accounts
  • $35,582Other retirement accounts
  • $2,492Corporate trust and agency accounts
  • $8,463Other fiduciary accounts
  • $567Fiduciary accounts held in foreign offices

List of branches

  • 27 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08676Cnb BankOne South Second Street, Clearfield, PA 16830January 27, 1934Full Service Brick and Mortar
    1230562Old Town Road Branch1231 Old Town Rd, Clearfield, PA 16830October 01, 1986Full Service Brick and Mortar
    2230563Karthaus Branch3602 Main Street, Karthaus, PA 16845August 26, 1957Full Service Brick and Mortar
    3230564Madera Branch3046 Main Street, Madera, PA 16661Febuary 13, 1952Full Service Brick and Mortar
    4230565Osceola Mills Branch611 Lingle Street, Osceola Mills, PA 16666October 01, 1951Full Service Brick and Mortar
    5230566Philipsburg Branch117 East Presqueisle Street, Philipsburg, PA 16866Febuary 21, 1966Full Service Brick and Mortar
    7230568St. Marys Branch133 Washington Street, St. Marys, PA 15857November 19, 1992Full Service Brick and Mortar
    8230569Philipsburg Plaza Branch25 Irwin Drive, Philipsburg, PA 16866September 14, 1993Full Service Brick and Mortar
    9230570St. Marys Fox Township1104 Million Dollar Highway, Kersey, PA 15846August 13, 1994Full Service Brick and Mortar
    10230571Bradford West Washington Branch1001 East Main Street, Bradford, PA 16701November 15, 1995Full Service Brick and Mortar
    11230572Houtzdale Branch485 Spring Street, Houtzdale, PA 16651January 10, 1996Full Service Brick and Mortar
    15230576Dubois Branch1574 Beeline Highway, Du Bois, PA 15801December 16, 1996Full Service Brick and Mortar
    16230577Industrial Park Road Branch101 Industrial Park Road, Clearfield, PA 16830Febuary 03, 1997Full Service Brick and Mortar
    17230578Punxsutawney Branch559 West Mahoning Street, Punxsutawney, PA 15767Febuary 02, 1990Full Service Brick and Mortar
    205008Northern Cambria BranchPo Box 579, Northern Cambria, PA 15714March 01, 1904Full Service Brick and Mortar
    21217641Johnsonburg Branch601 Market Street, Johnsonburg, PA 15845December 02, 1963Full Service Brick and Mortar
    22217642Kane Branch87 Fraley Street, Kane, PA 16735November 14, 1960Full Service Brick and Mortar
    234990Ridgway Branch2070 Court Street, Ridgway, PA 15853August 01, 1901Full Service Brick and Mortar
    247102Bradford Main Branch12 Chambers Street, Bradford, PA 16701May 05, 1926Full Service Brick and Mortar
    26457260Warren Office Branch301 Pennsylvania Avenue, Suite 101, Warren, PA 16365October 04, 2006Full Service Brick and Mortar
    2747005710th Street Branch101 West 10th Street, Erie, PA 16501December 19, 2007Full Service Brick and Mortar
    28478272Erie Asbury Road Office Branch2615 Asbury Road, Erie, PA 16506October 15, 2007Full Service Brick and Mortar
    29478273Erie Main Office Branch2035 Edinboro Road, Erie, PA 16509June 26, 2008Full Service Brick and Mortar
    30489665Buffalo Road Branch5723 Buffalo Road, Harborcreek, PA 16421October 24, 2008Full Service Brick and Mortar
    31491964Cherry Street Branch221 East Cherry Street, Clearfield, PA 16830January 01, 2009Full Service Brick and Mortar
    32508876Meadville Branch885 Park Avenue, Meadville, PA 16335May 13, 2010Full Service Brick and Mortar
    33512609Kylertown Branch111 Rolling Stone Road, Kylertown, PA 16847September 17, 2010Full Service Brick and Mortar

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