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Corporate Profile

February 27, 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 Data12/31/201412/31/2013
Total assets$302,801$284,334
Secuities available for sale$94,095$90,095
Loans and lease, net of unearned income$189,080$174,596
Deposits$238,002$235,750
Shareholders' equity$28,365$27,031
Significant Ratios12/31/201412/31/2013
Net interest margin3.54%3.38%
Return on average assets0.63%0.55%
Return on average shareholders' equity6.42%5.60%
Summary of Operations

QTD CY

12/31/2014

QTD PY

12/31/2013

YTD CY

12/31/2014

YTD PY

12/31/2013

Interest income$2,918$2,844$11,410$11,128
Interest expense$353$422$1,448$1,806
Net interest income$2,565$2,421$9,962$9,322
Provision for loan losses$155$5$770$915
Net interest income after provision for loan losses$2,410$2,417$9,192$8,407
Non-interest income$616$631$2,318$2,412
Non-interest expense$2,382$2,505$9,295$9,069
Income before income taxes$644$543$2,215$1,750
Income tax expense$72$58$388$209
Net income$572$484$1,827$1,541
Basic earnings per common share$1.34$1.12$4.27$3.55
Basic earnings per class
A common share
$1.47$1.24$4.70$3.92

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