CBFV on Nasdaq
CB Financial Services, Inc.
State commercial bank that raised $15 million in 2021 (SEC Form D)1
In its 2026 annual report the company says: “CB Financial Services, Inc., a Pennsylvania corporation, is a bank holding company headquartered in Carmichaels, Pennsylvania. The Company’s common stock is traded on the Nasdaq Global Market under the symbol “CBFV.”3
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Last updated Oct 21, 2026.
Overview
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- TickerCBFV on Nasdaq1
- IndustryState Commercial Banks1
- HeadquartersCarmichaels, Pennsylvania1
- Business address100 North Market Street, Carmichaels, Pa 153202
- Filer categoryNon-accelerated filer, Smaller reporting company2
- Legal formCorporation
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CB Financial Services, Inc. (the “Company”), a Pennsylvania corporation, is a bank holding company headquartered in Carmichaels, Pennsylvania. The Company’s common stock is traded on the Nasdaq Global Market under the symbol “CBFV.” The Company conducts its operations primarily through its wholly owned subsidiary, Community Bank, a Pennsylvania-chartered commercial bank. At December 31, 2025, the Company, on a consolidated basis, had total assets of $1.55 billion, total liabilities of $1.39 billion and stockholders’ equity of $157.5 million.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Deposit Account brought in 89% of the revenue CB Financial Services, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Deposit Account | $1.7M | $2.2M |
| Financial Service, Other | $251.0K | $252.0K |
| Insurance Commissions | $6.0K | $4.0K |
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Other costs58¢$25.5M
- Interest8¢$3.4M
- Income tax7¢$3.1M
- Profit27¢$11.6M
Where each dollar of operating cash went, fiscal 2021
- Capital spending18¢$2.4M
- Dividends paid40¢$5.2M
- Share buybacks32¢$4.1M
- Kept or used elsewhere10¢$1.4M
Out of $13.1M of cash from operations.4
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Loans, Including Fees | $62.1M | $59.4M |
| Taxable | $11.5M | $11.5M |
| Tax-Exempt | $561.0K | $0 |
| Dividends | $51.0K | $110.0K |
| Other Interest and Dividend Income | $1.7M | $5.1M |
| TOTAL INTEREST AND DIVIDEND INCOME | $75.9M | $76.1M |
| Deposits | $23.4M | $28.4M |
| Short-Term Borrowings | $199.0K | $0 |
| Other Borrowings | $1.5M | $1.6M |
| TOTAL INTEREST EXPENSE | $25.2M | $30.1M |
| NET INTEREST AND DIVIDEND INCOME | $50.8M | $46.1M |
| NET INTEREST AND DIVIDEND INCOME AFTER NET PROVISION FOR CREDIT LOSSES | $50.2M | $45.5M |
| Net Gain on Sale of Loans | $105.0K | $52.0K |
| Net (Loss) Gain on Investment Securities | -$11.8M | $51.0K |
| Net Gain on Purchased Tax Credits | $14.0K | $49.0K |
| Gain on Sale of Subsidiary | $0 | $138.0K |
| Net Gain on Disposal of Premises and Equipment | $40.0K | $274.0K |
| Income from Bank-Owned Life Insurance | $603.0K | $594.0K |
| Net Gain on Bank-Owned Life Insurance Claims | $0 | $915.0K |
| Other Income | $1.4M | $1.5M |
| TOTAL NONINTEREST INCOME (LOSS) | -$7.2M | $5.5M |
| Salaries and Employee Benefits | $22.2M | $18.8M |
| Occupancy | $2.5M | $3.1M |
| Equipment | $1.5M | $1.2M |
| Data Processing | $3.1M | $3.3M |
| Federal Deposit Insurance Corporation Assessment | $724.0K | $639.0K |
| Pennsylvania Shares Tax | $948.0K | $1.2M |
| Contracted Services | $1.5M | $1.6M |
| Legal and Professional Fees | $1.0M | $985.0K |
| Advertising | $566.0K | $484.0K |
| Other Real Estate Owned | $65.0K | $50.0K |
| Amortization of Intangible Assets | $0 | $958.0K |
| Other Expense | $3.6M | $3.4M |
| TOTAL NONINTEREST EXPENSE | $37.7M | $35.6M |
| INCOME BEFORE INCOME TAX EXPENSE | $5.3M | $15.3M |
| Income Tax Expense | $397.0K | $2.7M |
| Net Income | $4.9M | $12.6M |
| Basic (in dollars per share) | $0.97 | $2.45 |
| Diluted (in dollars per share) | $0.92 | $2.38 |
| Basic (in shares) | 5.0M shares | 5.1M shares |
| Diluted (in shares) | 5.3M shares | 5.3M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Interest-Earning | $18.4M | $39.3M | |
| Noninterest-Earning | $13.3M | $10.2M | |
| Total Cash and Due From Banks | $31.7M | $49.6M | |
| Available-for-Sale Debt Securities, at Fair Value | $279.0M | $259.5M | |
| Equity Securities, at Fair Value | $909.0K | $2.6M | |
| Total Securities | $279.9M | $262.2M | |
| Loans Held for Sale | $0 | $900.0K | |
| Loans (Net of Allowance for Credit Losses of $10,116 and $9,805 at December 31, 2025 and 2024, Respectively) | $1.2B | $1.1B | |
| Premises and Equipment, Net | $19.6M | $20.7M | |
| Bank-Owned Life Insurance | $24.8M | $24.2M | |
| Goodwill | $9.7M | $9.7M | |
| Accrued Interest Receivable and Other Assets | $29.8M | $31.5M | |
| TOTAL ASSETS | $1.5B | $1.5B | |
| Noninterest-Bearing Demand Accounts | $291.7M | $267.9M | |
| Interest-Bearing Demand Accounts | $357.1M | $316.8M | |
| Money Market Accounts | $209.2M | $231.5M | |
| Savings Accounts | $169.3M | $170.5M | |
| Time Deposits | $312.5M | $296.9M | |
| Total Deposits | $1.3B | $1.3B | |
| Other Borrowed Funds | $34.8M | $34.7M | |
| Accrued Interest Payable and Other Liabilities | $15.6M | $16.0M | |
| TOTAL LIABILITIES | $1.4B | $1.3B | |
| Common Stock, $0.4167 Par Value; 35,000,000 Shares Authorized, 5,835,325 and 5,787,744 Shares Issued and 5,036,509 and 5,132,654 Shares Outstanding, Respectively | $2.4M | $2.4M | |
| Capital Surplus | $87.6M | $86.4M | |
| Retained Earnings | $90.6M | $90.9M | |
| Treasury Stock, at Cost (798,816 and 655,090 Shares, Respectively) | -$19.8M | -$15.0M | |
| Accumulated Other Comprehensive Loss | -$3.4M | -$17.2M | |
| TOTAL STOCKHOLDERS' EQUITY | $157.5M | $147.4M | $139.8M |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $1.5B | $1.5B | |
| Allowance for loan losses | $10.1M | $9.8M | $9.7M |
| Common stock, par value (in dollars per share) | $0.42 | $0.42 | |
| Common stock, shares authorized (in shares) | 35.0M shares | 35.0M shares | |
| Common stock, shares issued (in shares) | 5.8M shares | 5.8M shares | |
| Common stock, shares outstanding (in shares) | 5.0M shares | 5.1M shares | |
| Treasury stock, at cost (in shares) | 798.8K shares | 655.1K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Interest-Earning | $18.4M | $39.3M | |
| Noninterest-Earning | $13.3M | $10.2M | |
| Total Cash and Due From Banks | $31.7M | $49.6M | |
| Available-for-Sale Debt Securities, at Fair Value | $279.0M | $259.5M | |
| Equity Securities, at Fair Value | $909.0K | $2.6M | |
| Total Securities | $279.9M | $262.2M | |
| Loans Held for Sale | $0 | $900.0K | |
| Loans (Net of Allowance for Credit Losses of $10,116 and $9,805 at December 31, 2025 and 2024, Respectively) | $1.2B | $1.1B | |
| Premises and Equipment, Net | $19.6M | $20.7M | |
| Bank-Owned Life Insurance | $24.8M | $24.2M | |
| Goodwill | $9.7M | $9.7M | |
| Accrued Interest Receivable and Other Assets | $29.8M | $31.5M | |
| TOTAL ASSETS | $1.5B | $1.5B | |
| Noninterest-Bearing Demand Accounts | $291.7M | $267.9M | |
| Interest-Bearing Demand Accounts | $357.1M | $316.8M | |
| Money Market Accounts | $209.2M | $231.5M | |
| Savings Accounts | $169.3M | $170.5M | |
| Time Deposits | $312.5M | $296.9M | |
| Total Deposits | $1.3B | $1.3B | |
| Other Borrowed Funds | $34.8M | $34.7M | |
| Accrued Interest Payable and Other Liabilities | $15.6M | $16.0M | |
| TOTAL LIABILITIES | $1.4B | $1.3B | |
| Common Stock, $0.4167 Par Value; 35,000,000 Shares Authorized, 5,835,325 and 5,787,744 Shares Issued and 5,036,509 and 5,132,654 Shares Outstanding, Respectively | $2.4M | $2.4M | |
| Capital Surplus | $87.6M | $86.4M | |
| Retained Earnings | $90.6M | $90.9M | |
| Treasury Stock, at Cost (798,816 and 655,090 Shares, Respectively) | -$19.8M | -$15.0M | |
| Accumulated Other Comprehensive Loss | -$3.4M | -$17.2M | |
| TOTAL STOCKHOLDERS' EQUITY | $157.5M | $147.4M | $139.8M |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $1.5B | $1.5B | |
| Allowance for loan losses | $10.1M | $9.8M | $9.7M |
| Common stock, par value (in dollars per share) | $0.42 | $0.42 | |
| Common stock, shares authorized (in shares) | 35.0M shares | 35.0M shares | |
| Common stock, shares issued (in shares) | 5.8M shares | 5.8M shares | |
| Common stock, shares outstanding (in shares) | 5.0M shares | 5.1M shares | |
| Treasury stock, at cost (in shares) | 798.8K shares | 655.1K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net Income | $4.9M | $12.6M |
| Net Accretion on Securities | -$373.0K | -$694.0K |
| Depreciation and Amortization | $1.8M | $2.4M |
| Net Loss on Sale of Debt Securities | $11.8M | $0 |
| Net Loss on Equity Securities | $13.0K | $0 |
| Net Unrealized Loss (Gain) Recognized on Equity Securities | $37.0K | -$51.0K |
| Gain on Sale of Subsidiary | $0 | -$138.0K |
| Gain on Purchased Tax Credits | -$14.0K | -$49.0K |
| Income from Bank-Owned Life Insurance | -$603.0K | -$594.0K |
| Gain on BOLI Death Benefit Claims | $0 | -$915.0K |
| Proceeds From Mortgage Loans Sold | $5.5M | $5.0M |
| Originations of Mortgage Loans for Sale | -$4.9M | -$5.8M |
| Net Gain on Sale of Loans | -$105.0K | -$52.0K |
| Loss (Gain) on Sales of Other Real Estate Owned | $51.0K | $54.0K |
| Noncash Expense for Stock-Based Compensation | $796.0K | $812.0K |
| Increase in Accrued Interest Receivable | -$788.0K | -$500.0K |
| Net Gain on Disposal of Premises and Equipment | -$40.0K | -$274.0K |
| (Benefit) Provision in Deferred Income Tax | -$65.0K | $191.0K |
| Decrease in Taxes Payable | -$2.0M | -$3.9M |
| (Decrease) Increase in Accrued Interest Payable | -$475.0K | $682.0K |
| Other, Net | $1.7M | -$2.6M |
| Net Cash Provided by Operating Activities | $17.8M | $6.8M |
| Proceeds From Principal Repayments and Maturities | $38.0M | $15.4M |
| Purchases of Securities | -$169.1M | -$70.2M |
| Proceeds from Sales of Debt Securities | $117.8M | $0 |
| Proceeds from Sale of Equity Securities | $1.7M | $0 |
| Net (Increase) Decrease in Loans | -$69.6M | $17.6M |
| Purchase of Premises and Equipment | -$650.0K | -$3.3M |
| Proceeds from Disposal of Premises and Equipment | $41.0K | $988.0K |
| Proceeds From a Claim on Bank-Owned Life Insurance | $0 | $2.7M |
| Investment in Low Income Housing Tax Credit | -$957.0K | $0 |
| Proceeds From Sales of Other Real Estate Owned | $107.0K | $258.0K |
| Purchase of Restricted Equity Securities | -$8.1M | $0 |
| Redemption of Restricted Equity Securities | $8.2M | $291.0K |
| Net Cash Used in Investing Activities | -$82.6M | -$36.4M |
| Net Increase in Deposits | $56.3M | $16.4M |
| Principal Payments on Other Borrowed Funds | -$20.0M | $0 |
| Proceeds from Other Borrowed Funds | $20.0M | $0 |
| Cash Dividends Paid | -$5.1M | -$5.1M |
| Treasury Stock, Purchases at Cost | -$6.8M | -$965.0K |
| Exercise of Stock Options | $2.6M | $721.0K |
| Net Cash Provided by Financing Activities | $46.9M | $11.0M |
| Decrease in Cash and Due from Banks | -$17.9M | -$18.7M |
| Interest on Deposits and Borrowings (Including Interest Credited to Deposit Accounts of $23,914 and $27,759, Respectively) | $25.6M | $29.4M |
| Federal Income Taxes | $300.0K | $4.0M |
| State Income Taxes | $1.0K | $2.3M |
| Transfer of Loans from Loans Held for Sale to Portfolio | $404.0K | $0 |
| Other Real Estate Acquired in Settlement of Loans | $158.0K | $150.0K |
| "Right of Use (""ROU"") Asset Recognized" | $0 | $1.4M |
| Unfunded Commitment in Low Income Housing Tax Credit | $4.0M | $5.0M |
| Interest credit to deposit accounts | $23.9M | $27.8M |
No quarter-by-quarter statement was filed.
Corporate structure
CB Financial Services, Inc. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of CB Financial Services, Inc.
- BlackRock Filed SCHEDULE 13G on CB Financial Services, Inc., latest Jul 27, 2026 (3 filings since Jan 21, 2026)
- AllianceBernstein Filed SCHEDULE 13G on CB Financial Services, Inc., latest May 18, 2026 (4 filings since Nov 15, 2024)
- Janney Montgomery Scott LLC Filed SC 13G on CB Financial Services, Inc., latest Jan 4, 2024
- CB Financial Services, Inc. Carmichaels, Pennsylvania
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What CB Financial Services, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $31.6M7 Dec 31, 2025 | $38.3M7 Dec 31, 2024 | −17.6% |
| Accumulated depreciation | $11.9M7 Dec 31, 2025 | $17.6M7 Dec 31, 2024 | −32.3% |
| Property and equipment, net | $19.6M7 Dec 31, 2025 | $20.7M7 Dec 31, 2024 | −5.1% |
| Operating-lease assets (leased space) | $2.5M7 Dec 31, 2025 | $2.8M7 Dec 31, 2024 | −8.4% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $31.7M7 Dec 31, 2025 | $49.6M7 Dec 31, 2024 | −36.1% |
| Equity securities at fair value | $909.0K7 Dec 31, 2025 | $2.6M7 Dec 31, 2024 | −65.6% |
| Loans, net of allowance | $1.2B7 Dec 31, 2025 | $1.1B7 Dec 31, 2024 | +6.4% |
| Deposits held (banks) | $1.3B7 Dec 31, 2025 | $1.3B7 Dec 31, 2024 | +4.4% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $9.7M7 Dec 31, 2025 | $9.7M7 Dec 31, 2024 | 0% |
| Finite-lived intangibles, gross | $11.9M7 Dec 31, 2025 | $11.9M7 Dec 31, 2024 | 0% |
| Accumulated amortization | $11.9M7 Dec 31, 2025 | $11.9M7 Dec 31, 2024 | 0% |
| Finite-lived intangibles, net | $07 Dec 31, 2025 | $07 Dec 31, 2024 |
Properties, in its own words
At December 31, 2025, our premises and equipment had an aggregate net book value of approximately $19.6 million. We conduct our business through 12 branch offices. The branch offices are utilized by the community banking segment. In addition, the community banking segment has a corporate office, an operations center and two loan production offices. We believe that our office facilities are adequate to meet our present and immediately foreseeable needs.
The following table sets forth certain information concerning the main and each branch office at December 31, 2025.
The rest of Item 2
Location · Owned or Leased
PENNSYLVANIA
Main Office (Greene County):
100 North Market Street, Carmichaels, PA 15320 · Branch · Owned
Barron P. "Pat" McCune, Jr. Corporate Center (Washington County):
2111 North Franklin Drive, Washington, PA 15301 · Corporate · Owned
Ralph J. Sommers, Jr. Operations Center (Greene County):
600 Evergreene Drive, Waynesburg, PA 15370 · Operations · Owned
Branch Offices (Greene County):
30 West Greene Street, Waynesburg, PA 15370 · Branch · Owned
100 Miller Lane, Waynesburg, PA 15370 · Branch · Building Owned, Ground Lease
1993 South Eighty Eight Road, Greensboro, PA 15338 · ITM · Owned
Branch Offices (Washington County):
65 West Chestnut Street, Washington, PA 15301 · Branch · Building Owned, Ground Lease
4139 Washington Road, McMurray, PA 15317 · Branch · Leased
200 Main Street, Claysville, PA 15232 · Branch · Owned
Branch Offices (Fayette County):
712 West Main Street, Uniontown, PA 15401 · Branch · Leased
101 Independence Street, Perryopolis, PA 15473 · ITM · Owned
Branch Office (Westmoreland County):
1670 Broad Avenue, Belle Vernon, PA 15012 · Branch · Leased
Branch Office (Allegheny County):
714 Brookline Boulevard, Pittsburgh, PA 15226 · Branch · Owned
Northern Loan Production Office:
100 Pinewood Lane, Suite 101, Warrendale, PA 15086 · Loans · Leased
Southpointe Loan Production Office:
325 Southpointe Boulevard, Canonsburg, PA 15317 · Loans · Leased
WEST VIRGINIA
Branch Offices (Ohio County):
1701 Warwood Avenue, Wheeling, WV 26003 · Branch · Owned
875 National Road, Wheeling, WV 26003 · Branch · Owned
Branch Office (Marshall County):
809 Lafayette Avenue, Moundsville, WV 26041 · Branch · Owned
Item 2 of the 10-K filed Mar 13, 2026.3
Leadership
Who has led CB Financial Services, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerJohn Haines Montgomery Sep 1, 2020 to now11
- Chief executive officerPatrick G. Obrien Nov 7, 2018 to Dec 17, 201912
- Chief executive officerBarron P. McCune Jr. Oct 22, 2014 to Dec 19, 201713
- PresidentJohn Haines Montgomery Sep 1, 2020 to now11
- PresidentPatrick G. Obrien Nov 7, 2018 to Dec 17, 201912
- PresidentBarron P. McCune Jr. Oct 22, 2014 to Dec 19, 201713
- Chief financial officerAmanda L. Engles Feb 14, 2025 to now14
- Chief financial officerJamie L. Prah May 24, 2019 to Feb 21, 202415
- Chief financial officerKevin D. Lemley Oct 22, 2014 to Feb 14, 201916
- Chief operating officerJennifer L. George May 28, 2019 to now17
- Chief operating officerPatrick G. Obrien Dec 20, 2016 to Dec 19, 201718
Board members and other officers (20)
- SEVP & Chief Comm Loan OfficerBruce A. Sharp Sep 9, 2025 to now19
- Chief Credit OfficerStephen Cobain Jul 24, 2024 to now20
- Vice chairBarron P. McCune Jr. Oct 22, 2014 to Dec 19, 201713
- Senior Vice PresidentRalph Burchianti Oct 22, 2014 to now21
- Board memberRalph Burchianti Feb 1, 2022 to now22
- Board memberJohn Haines Montgomery Sep 1, 2020 to now11
- Board memberJonathan Bedway May 8, 2018 to now23
- Board memberRoberta Robinson Olejasz May 8, 2018 to now24
- Board memberWilliam G. Petroplus May 8, 2018 to Feb 23, 202325
- Board memberRalph J. Sommers Jr. Dec 18, 2018 to Dec 15, 202026
- Board memberBarron P. McCune Jr. Oct 22, 2014 to Dec 18, 201813
- Board memberCharles R. Guthrie Oct 22, 2014 to now27
- Board memberDavid F. Pollock Oct 22, 2014 to now28
- Board memberJoseph N. Headlee Oct 22, 2014 to Feb 23, 202329
- Board memberKarl G. Baily Oct 22, 2014 to Mar 17, 202330
- Board memberWilliam C. Groves Oct 22, 2014 to Dec 15, 202031
- Board memberJohn J. Lacarte Nov 10, 2014 to now32
- Board memberJohn Swiatek Nov 10, 2014 to now33
- Board memberPatrick G. Obrien Nov 10, 2014 to Dec 17, 201934
- Board memberRichard B. Boyer Nov 10, 2014 to Feb 23, 202335
Named in SEC Form D filings
People the company listed in its private-offering notices.
Timeline
- Sep 16, 20268-K Other events37
- Aug 25, 20268-K Executive or director change38
- Jul 27, 20268-K Results of operations; Other events39
- May 20, 20268-K Shareholder vote40
- May 11, 20268-K Cybersecurity incident41
- Apr 22, 20268-K Results of operations; Regulation FD disclosure; Other events42
- Jan 27, 20268-K Results of operations; Executive or director change; Regulation FD disclosure43
- Dec 31, 20258-K Executive or director change44
- Nov 24, 20258-K Executive or director change; Bylaws or fiscal year changed45
- Oct 23, 20258-K Results of operations; Other events46
- Sep 4, 20258-K Other events47
- Sep 2, 20258-K Other events48
- Sep 1, 2020New chief executive John Haines Montgomery becomes CEO11
- Nov 7, 2018New chief executive Patrick G. Obrien becomes CEO12
- Oct 22, 2014New chief executive Barron P. McCune Jr. becomes CEO13
Calendar
Coming up
- Oct 22, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.74 a share, on Oct 23, 2025.49
When it reported results
- Jul 27, 2026Reported quarterly or annual results39
- Apr 22, 2026Reported quarterly or annual results42
- Jan 27, 2026Reported quarterly or annual results43
- Oct 23, 2025Reported quarterly or annual results46
- Jul 22, 2025Reported quarterly or annual results50
- Apr 23, 2025Reported quarterly or annual results51
- Jan 29, 2025Reported quarterly or annual results52
- Oct 25, 2024Reported quarterly or annual results53
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
226 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 46 major events, 122 insider forms, 8 large holders, 1 private raises, 28 other. The latest 20:
- Sep 16, 20268-K EDGAR
- Aug 25, 20268-K EDGAR
- Aug 17, 20264 EDGAR
- Aug 17, 20264 EDGAR
- Aug 14, 2026144 EDGAR
- Aug 7, 202610-Q EDGAR
- Jul 27, 2026SCHEDULE 13G EDGAR
- Jul 27, 20268-K EDGAR
- Jun 17, 20264 EDGAR
- May 20, 20268-K EDGAR
- May 18, 2026SCHEDULE 13G EDGAR
- May 12, 202610-Q EDGAR
- May 11, 20268-K EDGAR
- Apr 27, 2026SCHEDULE 13G/A EDGAR
- Apr 22, 20268-K EDGAR
- Apr 9, 2026ARS EDGAR
- Apr 9, 2026DEFA14A EDGAR
- Apr 9, 2026DEF 14A EDGAR
- Mar 13, 202610-K EDGAR
- Mar 6, 20264 EDGAR
The 226 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
29 open-market trades by officers, directors and large owners since October 2021: 13 buys and 16 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 14, 2026 | SWIATEK JOHNDirector | Sale | 1,000 | $37.06 | $37.1K | Form 4 |
| Aug 14, 2026 | Cobain StephenChief Credit Officer | Sale | 1,500 | $37.10 | $55.7K | Form 4 |
| Mar 5, 2026 | Cobain StephenChief Credit Officer | Sale | 1,792 | $34.58 | $62.0K | Form 4 |
| Feb 23, 2026 | Engles Amanda LEVP and CFO | Sale | 54 | $33.79 | $1.8K | Form 4 |
| Feb 23, 2026 | Cobain StephenChief Credit Officer | Sale | 140 | $33.79 | $4.7K | Form 4 |
| Feb 6, 2026 | Guthrie Charles R.Director | Sale | 1,913 | $37.35 | $71.5K | Form 4 |
| Nov 18, 2025 | Sharp Bruce A.SEVP & Chief Comm Loan Officer | Buy | 1,000 | $32.80 | $32.8K | Form 4 |
| Sep 17, 2025 | GEORGE JENNIFER LSEVP and COO | Sale | 5,042 | $33.15 | $167.2K | Form 4 |
| Jul 30, 2025 | LaCarte John JDirector | Sale | 633 | $33.30 | $21.1K | Form 4 |
| May 28, 2025 | SWIATEK JOHNDirector | Buy | 1,200 | $28.80 | $34.6K | Form 4 |
| May 13, 2025 | SWIATEK JOHNDirector | Sale | 2,500 | $29.50 | $73.8K | Form 4 |
| Apr 25, 2025 | SWIATEK JOHNDirector | Sale | 2,500 | $29.02 | $72.6K | Form 4 |
| Dec 16, 2024 | Fox Mark E.Director | Sale | 3,538 | $31.50 | $111.4K | Form 4 |
| Dec 9, 2024 | LaCarte John JDirector | Sale | 712 | $33.50 | $23.9K | Form 4 |
| Dec 9, 2024 | Cobain StephenChief Credit Officer | Sale | 38 | $33.29 | $1.3K | Form 4 |
| Dec 9, 2024 | Fox Mark E.Director | Buy | 267 | $33.35 | $8.9K | Form 4 |
| Dec 9, 2024 | LaCarte John JDirector | Sale | 712 | $33.50 | $23.9K | Form 4 |
| Dec 6, 2024 | Guthrie Charles R.Director | Sale | 3,415 | $32.63 | $111.4K | Form 4 |
| Dec 15, 2023 | Fox Mark E.Director | Buy | 443 | $23.79 | $10.5K | Form 4 |
| Jun 5, 2023 | LaCarte John JDirector | Buy | 7,700 | $18.80 | $144.8K | Form 4 |
All 29 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BlackRockSCHEDULE 13G, 3 filings Jan 21, 2026 to Jul 27, 202654
- AllianceBernsteinSCHEDULE 13G, 4 filings Nov 15, 2024 to May 18, 202655
- Janney Montgomery Scott LLCSC 13G, 1 filing Jan 4, 202456
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | John H. MontgomeryPresident & Chief Executive Officer | $473.9K | $753.9K57 | |
| 2025 | James E. MeleExecutive Vice President, Director of Specialty Deposits, Payment & Treasury Management Services | $285.0K | $525.5K57 | |
| 2025 | Bruce A. SharpSenior Executive Vice President & Chief Commercial Banking Officer | $285.0K | $427.1K57 | |
| 2024 | John H. MontgomeryPresident & Chief Executive Officer | $470.6K | $728.5K57 | |
| 2024 | Bruce A. SharpSenior Executive Vice President & Chief Commercial Banking Officer | $282.3K | $404.6K57 |
Money raised
Private offerings the company reported to the SEC on Form D.
- Dec 9, 2021Raised $15 million in a private offering of debt Form D: 13 investors so far Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 78. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How CB Financial Services, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCB Financial Services, Inc.1
- CIK0001605301
- Employer ID (EIN)51-05347213
- LEI549300JEGYKCDOBSG6641
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company3
- Incorporated inPennsylvania3
- Fiscal year endsDecember 311
- Industry code (SIC)6022 State Commercial Banks1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address100 North Market Street, Carmichaels, PA 153201
- Phone(888) 223-80991
- Shares outstanding5,081,584 as of Aug 5, 202610
- Public float$129.8M as of Jun 30, 20253
- AuditorForvis Mazars, LLP, Pittsburgh, Pennsylvania PCAOB ID 686; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceApr 14, 20141
- Filings624 in all: 4 (304), 8-K (147), 10-Q (37), 3 (23), 10-K (12), 425 (12), DEF 14A (12), 144 (9)1
All 29 form types
4/A (8), 3/A (7), DEFA14A (6), 8-K/A (5), ARS (5), CORRESP (5), UPLOAD (5), SCHEDULE 13G (4), S-4/A (3), S-8 (3), SCHEDULE 13G/A (3), 424B3 (2), EFFECT (2), NT 10-Q (2), S-4 (2), 10-K/A (1), 8-A12B (1), CERTNAS (1), D (1), NT 10-K (1), SC 13G (1)
- Latest filingsAnnual report (10-K) Mar 13, 2026
Quarterly report (10-Q) Aug 7, 2026
Proxy statement (DEF 14A) Apr 9, 2026
Latest 8-K (8-K) Sep 16, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common stock, par value $0.4167 per share | CBFV | The Nasdaq Stock Market, LLC |
From the cover page of the 10-K filed Mar 13, 2026 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
The risks CB Financial Services, Inc. names in Item 1A of its 10-K filed Mar 13, 2026: 18 risks under these headings, as written.3
- Risks Related to Our Lending Activities
- A large percentage of the Company’s loans are collateralized by real estate, and disruptions in the real estate market may result in losses and reduce the Company’s earnings.
- Because the Company emphasizes commercial real estate and commercial loan originations, its credit risk profile is increased, and downturns in the local real estate market or economy could adversely affect its earnings.
- If our nonperforming assets increase, our earnings will suffer.
- If the Company’s allowance for credit losses is not sufficient to cover actual credit losses, the Company’s results of operations would be negatively affected.
- Risk Related to Changes in Market Interest Rates
- Changes in interest rates may reduce the Company’s profits and impair asset values.
- Risks Related to Our Acquisition Activity
- Impairment in the carrying value of goodwill could negatively affect our results of operations.
- Risk Related to Our Liquidity Position
- If we are unable to borrow funds, we may not be able to meet the cash flow requirements of our depositors, creditors, and borrowers, or the operating cash needed to fund corporate expansion and other corporate activities.
- Risks Related to Our Ability to Pay Dividends
The other 11 risks
- The Company’s ability to pay dividends is subject to the ability of Community Bank to make capital distributions to the Company, and also may be limited by Federal Reserve policy.
- Risks Related to Our Operations
- Because the nature of the financial services business involves a high volume of transactions, the Company faces significant operational risks.
- Risks associated with system failures, interruptions, breaches of security or cyber security could negatively affect the Company’s earnings.
- The Company’s risk management framework may not be effective in mitigating risk and reducing the potential for significant losses.
- We could be adversely affected by failure in our internal controls.
- Risks Related to Accounting Matters
- Changes in the Company’s accounting policies or in accounting standards could materially affect how the Company reports its financial condition and results of operations.
- The need to account for certain assets at estimated fair value, such as securities, may adversely affect the Company’s financial condition and results of operations.
- Risks Related to Competitive Matters
- Strong competition within the Company’s market area could adversely affect the Company’s earnings and slow growth.
- General Risk Factors
- A worsening of economic conditions could adversely affect the Company’s financial condition and results of operations.
- Inflation can have an adverse impact on our business and on our customers.
- Climate change and related legislative and regulatory initiatives may materially affect the Company’s financial condition and results of operations.
Legal proceedings
At December 31, 2025, we were not involved in any pending legal proceedings other than routine legal proceedings occurring in the ordinary course of business which, in the aggregate, involve amounts that management believes are immaterial to our financial condition, results of operations and cash flows.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 20SEC EDGARStephen Cobain, Chief Credit Officer
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- 22SEC EDGARRalph Burchianti, Board member
- 23SEC EDGARJonathan Bedway, Board member
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- 25SEC EDGARWilliam G. Petroplus, Board member
- 26SEC EDGARRalph J. Sommers Jr., Board member
- 27SEC EDGARCharles R. Guthrie, Board member
- 28SEC EDGARDavid F. Pollock, Board member
- 29SEC EDGARJoseph N. Headlee, Board member
- 30SEC EDGARKarl G. Baily, Board member
- 31SEC EDGARWilliam C. Groves, Board member
- 32SEC EDGARJohn J. Lacarte, Board member
- 33SEC EDGARJohn Swiatek, Board member
- 34SEC EDGARPatrick G. Obrien, Board member
- 35SEC EDGARRichard B. Boyer, Board member
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- 37SEC EDGAROther events
- 38SEC EDGARExecutive or director change
- 39SEC EDGARResults of operations; Other events
- 40SEC EDGARShareholder vote
- 41SEC EDGARCybersecurity incident
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- 44SEC EDGARExecutive or director change
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- 46SEC EDGARResults of operations; Other events
- 47SEC EDGAROther events
- 48SEC EDGAROther events
- 49NasdaqNasdaq calendar
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