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Corporate Profile

May 24, 2015

CNB Financial Services, Inc. was organized under the laws of West Virginia in March 2000 at the direction of the Board of Directors of CNB Bank, Inc. (CNB) for the purpose of becoming a financial services holding company. CNB Financial Services primary function is to direct, plan and coordinate the business activities for CNB and its subsidiary. CNB is a full-service commercial bank conducting general banking and trust activities through six full-service offices and six automated teller machines located in Morgan and Berkeley Counties, West Virginia and Washington County, Maryland.

Financial Reports
You may obtain copies of our latest financial reports by contacting Shareholder Relations at 304-258-1520 or 1-888-258-1520.

Financial Highlights

Period ended

(in thousands except per share data)

Selected Financial Data3/31/20153/31/201412/31/2014
Total assets$307,073$283,457$302,801
Secuities available for sale$94,004$88,020$94,095
Loans and lease, net of unearned income$193,779$175,199$189,080
Deposits$244,551$240,688$238,002
Shareholders' equity$29,071$28,128$28,365
Significant Ratios3/31/20153/31/201412/31/2014
Net interest margin3.41%3.48%3.54%
Return on average assets0.71%0.49%0.63%
Return on average shareholders' equity7.58%5.12%6.42%
Summary of Operations

QTD CY

3/31/2015

QTD PY

3/31/2014

YTD CY

3/31/2015

YTD PY

3/31/2014

Interest income$2,870$2,778$2,870$2,778
Interest expense$333$377$333$377
Net interest income$2,537$2,401$2,537$2,401
Provision for loan losses$158$230$158$230
Net interest income after provision for loan losses$2,379$2,171$2,379$2,171
Non-interest income$591$475$591$475
Non-interest expense$2,344$2,233$2,344$2,233
Income before income taxes$626$413$626$413
Income tax expense$83$64$83$64
Net income$543$349$543$349
Basic earnings per common share$1.28$0.82$1.28$0.82
Basic earnings per class
A common share
$1.40$0.90$1.40$0.90

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