CNB Bank, Inc. in Berkeley Springs, West Virginia (WV), MD
Overview, Financial Summary, Detailed Financial Reports, Branches


  • CNB Bank, Inc. in Berkeley Springs, West Virginia (WV), MD
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CNB Bank, Inc. - Overview

  • General
  • FDIC Certificate #: 14507
    Status: Active
    Federal Reserve ID: 944627
    Bank Holding Company (Regulatory Top Holder): Cnb Financial Services, Inc. (RSSDID: 2909200, Location: Berkeley Springs, WV)
    Date Established: January 01, 1917
    WWW: http://www.cnbwv.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: Yes)
    FDIC's unique #: 9064
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: June 18, 1934
    Last Structure Change Effective Date: June 06, 2007
    Last Structure Change Process Date: June 14, 2007
    Last Data Update: June 14, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 S. Washington Street, Berkeley Springs, WV 25411
    County: Morgan
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Scott Depot
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Core Based Statistical Area (CBSA): Hagerstown-Martinsburg, MD-WV (#25180)
    CBSA Metro Statistical Area: Hagerstown-Martinsburg, MD-WV (#25180)
  • Financial Summary
  • Total assets: $275.7 mil
    Equity capital: $27.3 mil
    Deposits held in domestic offices: $242.0 mil
    Return on assets (ROA): 0.71% ($2.0 mil)
    Quarterly return on assets: 0.57% ($1.6 mil)
    Return on Equity (ROE): 7.18% ($1.9 mil)
    Quarterly return on equity: 5.64% ($1.5 mil)
    Net income: $2.0 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.92% ($2,536.7 mil)
    Quarterly Pretax return on assets: 0.67% ($1,847.4 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
  • 84Total employees (full-time equivalent)
  • $275,724Total assets
  • $4,304Cash and due from depository institutions
  • $30Interest-bearing balances
  • $82,008Securities
  • $2,800Federal funds sold & reverse repurchase agreements
  • $170,111Net loans & leases
  • $6,462Loan loss allowance
  • $0Trading account assets
  • $5,285Bank premises and fixed assets
  • $1,072Other real estate owned
  • $0Goodwill and other intangibles
  • $275,725Life insurance assets
  • $10,144All other assets
  • $248,401Total liabilities and capital
  • $242,036Total liabilities
  • $197,312Total deposits
  • $242,036Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $6,365Subordinated debt
  • $27,324All other liabilities
  • $27,324Total equity capital
  • $27,324Total bank equity capital
  • $0Perpetual preferred stock
  • $2,290Common stock
  • $2,331Surplus
  • $22,703Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,750Income earned, not collected on loans
  • $0Earning assets
  • $1,228Long-term assets (5+ years)
  • $254,949Average Assets, year-to-date
  • $114,353Average Assets, quarterly
  • $275,778Volatile liabilities
  • $275,750Insider loans
  • $161,001FHLB advances
  • $276,133Loans and leases held for sale
  • $1,851Unused loan commitments
  • $1,851Tier 1 (core) risk-based capital
  • $28,037Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,310Restructured Loans and leases
  • $2,372Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,298Total interest income
  • $2,849Total interest expense
  • $10,449Net interest income
  • $2,390Provision for loan and lease losses
  • $2,204Total noninterest income
  • $202Fiduciary activities
  • $1,027Service charges on deposit accounts
  • $0Trading account gains & fees
  • $975Additional noninterest income
  • $8,427Total noninterest expense
  • $4,118Salaries and employee benefits
  • $1,072Premises and equipment expense
  • $3,237Additional noninterest expense
  • $1,836Pre-tax net operating income
  • $705Securities gains (losses)
  • $586Applicable income taxes
  • $1,955Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,955Net income attributable to bank
  • $0Net charge-offs
  • $1,955Cash dividends
  • $626Sale, conversion, retirement of capital stock, net
  • $803Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.19%Yield on earning assets
  • 1.11%Cost of funding earning assets
  • 4.08%Net interest margin
  • 0.86%Noninterest income to earning assets
  • 3.29%Noninterest expense to earning assets
  • 0.51%Net operating income to assets
  • 0.71%Return on assets (ROA)
  • 0.92%Pretax return on assets
  • 7.18%Return on equity (ROE)
  • 4.23%Retained earnings to average equity (YTD only)
  • 0.35%Net charge-offs to loans
  • 381.79%Credit loss provision to net charge-offs
  • 6.75%Efficiency ratio
  • 66,198Assets per employee
  • 3.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 41.07%Loss allowance to loans
  • 3.66%Loss allowance to noncurrent loans
  • 73.85%Noncurrent assets plus other real estate owned to assets
  • 3.56%Noncurrent loans to loans
  • 4.96%Net loans and leases to deposits
  • 70.28%Net loans and leases to core deposits
  • 79.00%Equity capital to assets
  • 9.91%Core capital (leverage) ratio
  • 10.15%Tier 1 risk-based capital ratio
  • 17.41%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $275,778Average earning assets
  • $27,217Average equity
  • $255,986Average 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
  • $30,755Managed Assets
  • 1Number of Accounts
  • $19,709Personal trust and agency accounts
  • $5,452Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $4,491Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $8,174Other fiduciary accounts
  • $1,592Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 216Number of Accounts
  • $0Personal trust and agency accounts
  • $4,491Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $11,046Other retirement accounts
  • $0Corporate trust and agency accounts
  • $1,935Other fiduciary accounts
  • $1,457Fiduciary accounts held in foreign offices

List of branches

  • 1 Maryland Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    5429744Hancock Branch333 E. Main Street, Hancock, MD 21750June 11, 2004Full Service Brick and Mortar
  • 5 West Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09064Cnb Bank, Inc.101 S. Washington Street, Berkeley Springs, WV 25411January 01, 1917Full Service Brick and Mortar
    1231588Valley Road Branch1610 Valley Road, Berkeley Springs, WV 25411October 17, 1991Full Service Brick and Mortar
    2231589Hedgesville Branch2646 Hedgesville Road, Martinsburg, WV 25403October 19, 1998Full Service Brick and Mortar
    4365393South Martinsburg Branch14994 Apple Harvest Drive, Martinsburg, WV 25405August 13, 2001Full Service Brick and Mortar
    6442333Spring Mills Branch1231 T.J. Jackson Drive, Falling Waters, WV 25419April 27, 2005Full Service Brick and Mortar

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