CNB Financial Services Inc. Announces Consolidated Earnings Results for the Three Months and Nine Months Ended September 30, 2014
October 18, 2014 at 09:47 am EDT
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CNB Financial Services Inc. announced consolidated earnings results for the three months and nine months ended September 30, 2014. For the period, the company reported consolidated net income of $419,000, or $0.98 per common share and $1.08 per Class A common share as compared to $273,000, or $0.63 per common share and $0.69 per Class A common share for the three months ended September 30, 2013.
For the nine months ended September 30, 2014, the company reported consolidated net income of $1.3 million, or $2.93 per common share and $3.23 per Class A common share as compared to $1.1 million, or $2.43 per common share and $2.68 per Class A common share for the nine months ended September 30, 2013.
CNB Financial Services, Inc. acts as a holding company for CNB Bank, Inc. (the Bank). The Bank offers an array of financial services consisting of lending, deposit, investment management and trust services. The Bank's products and services include checking accounts, savings accounts, certificate of deposits (CDs) and individual retirement accounts (IRAs), consumer and commercial loans, trust services, investment services and other services. The Bank's trust services include investment management, retirement planning, estate planning and charitable endowments. Its other services include night depository, cash advance on credit cards, notary service, wire transfers, check collection, telephone transfers and stop payments. The Bank offers online banking services, such as mobile banking, cash management and online security. It offers commercial and consumer loans, including new and used vehicle loans, machinery and equipment loans, commercial real estate loans and others.
CNB FINANCIAL SERVICES, INC. 
