CB Financial Services Inc (CBFV) News & EventsCBFVCB Financial Services Inc

Total Assets Increased by $80.3M to $1.63B

Total assets increased $80.3M, or 5.2%, to $1.63B at September 30, 2026, compared to $1.55B at December 31, 2025. Cash and due from banks decreased $863,000, or 2.7%, to $30.8 million at September 30, 2026, compared to $31.7M at December 31, 2025. President and CEO John Montgomery commented, "We delivered solid results for the quarter with improved net interest margin and earnings. Earning asset yields continued to benefit from the balance sheet restructuring executed in the third quarter of last year, helping insulate the portfolio against rate-related repricing pressure. We also maintained disciplined expense management, keeping our cost structure aligned with the current operating environment. Looking ahead, we are focused on building loan and deposit momentum as we close out the year and head into 2027."

Net Interest and Dividend Income Increases for Five Consecutive Quarters to $14.5 Million

Net interest and dividend income increased for five consecutive quarters to $14.5 million for the three months ended June 30, 2026 compared to $13.9 million for the three months ended March 31, 2026, although net interest margin (NIM) declined after five consecutive quarters of improvement to 3.68% for the three months ended June 30, 2026 compared to 3.83% for the three months ended March 31, 2026. The decline in NIM resulted from a decrease in the yield on earning assets to 5.34% from 5.47%, driven by higher cash balances resulting from deposit growth. At the same time, the cost of funds increased to 1.72% from 1.70% resulting from Specialty Treasury deposit growth of $56.5 million in interest bearing demand and money market deposits.

Net Interest Margin Improves for Sixth Consecutive Quarter to 3.83%

Net interest margin improved for the sixth consecutive quarter to 3.83% for the three months ended March 31, 2026 compared to 3.76% for the three months ended December 31, 2025. Book value per share and tangible book value per share was $31.30 and $29.38, respectively at March 31, 2026.