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Corporate Profile

April 18, 2014

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 Data12/31/201312/31/2012
Total assets$284,334$281,959
Secuities available for sale$90,095$97,085
Loans and lease, net of unearned income$174,596$164,157
Deposits$235,750$245,827
Shareholders' equity$27,031$28,116
Significant Ratios12/31/201312/31/2012
Net interest margin3.383.59%
Return on average assets0.55%0.55%
Return on average shareholders' equity5.60%5.43%
Summary of Operations

QTD CY

12/31/2013

QTD PY

12/31/2012

YTD CY

 12/31/2013

YTD PY

12/31/2012

Interest income$2,844$2,936$11,128$12,071
Interest expense$422$543$1,806$2,312
Net interest income$2,421$2,393$9,322$9,759
Provision for loan losses$5$614$915$2,174
Net interest income after provision for loan losses$2,417$1,779$8,407$7,585
Non-interest income$631$610$2,412$2,713
Non-interest expense$2,505$1,930$9,069$8,593
Income before income taxes$543$459$1,750$1,705
Income tax expense$58$24$209$187
Net income$484$435$1,541$1,518
Basic earnings per common share$1.12$1.00$3.55$3.48
Basic earnings per class
A common share
$1.24$1.10$3.92$3.82

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