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cnb financial corp. - All News and Analysis
Two Upstate New York Financial Companies Plan to Merge.
By Kenneth Aaron, Times Union, Albany, N.Y. Knight Ridder/Tribune Business News Jun. 20--CNB Financial Corp. will merge with a Norwich company in a $140 million deal, the companies announced Tuesday. NBT Bancorp Inc., which opened a commercial banking office in Albany...
CNB Financial Corp. Increases Dividend
CANAJOHARIE, N.Y.--BUSINESS WIRE--Aug. 16, 1999-- CNB Financial Corp. (NASDAQ:CNBF) shareholders will receive a 13.3 percent increase in their third quarter dividend. The company's Board of Directors declared an $.085 dividend, payable on September 10, 1999 to shareholders of record as of August 31, 1999. The higher quarterly dividend represents...
CNB Financial Corp. Holds Seventh Annual Meeting of Shareholders
CANAJOHARIE, N.Y.--BUSINESS WIRE--May 21, 1999-- CNB Financial Corp. (Nasdaq:CNBF) held its seventh Annual Meeting of Shareholders on May 20, 1999, with over one hundred stockholders in attendance at the Fort Rensselaer Club in Canajoharie. President Donald L. Brass presided over the meeting. Two Director candidates, David J. Nolan...
CNB Financial Corp. Announces 14.3 Percent Increase in Quarterly Dividend
CANAJOHARIE, N.Y.--BUSINESS WIRE--May 17, 1999-- CNB Financial Corp. (NASDAQ:CNBF) announced an $0.08 per share dividend for the second quarter. Directors of Central National Bank's parent company declared the dividend, payable on June 10, 1999 to shareholders of record as of May 28, 1999. The higher quarterly dividend represents a...
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CNB Financial to Participate in Capital Purchase Program
CLEARFIELD, Pa., Dec. 19 /PRNewswire-FirstCall/ -- CNB Financial Corporation announced today that it received preliminary approval effective December 11, 2008 from the U.S. Department of Treasury to participate in its Capital Purchase Program CPP. Subject to final regulatory approval, and upon completion of the transaction, CNB...
CNB Financial Corp. Announces Plan to Hold Special Meeting of Shareholders
WORCESTER, Mass. -- CNB Financial Corp., (OTCBB:CFNA) the parent company for Commonwealth National Bank, announced today that it has filed a preliminary proxy statement with the Securities and Exchange Commission to hold a special meeting of shareholders to amend CNB Financial Corp.'s Articles of Organization to allow for the issuance...
CNB Financial Increases Quarterly Dividend
CLEARFIELD, Pa., Nov. 12 /PRNewswire-FirstCall/ -- The Board of Directors of CNB Financial Corporation has announced the declaration of 16.5 cents per share quarterly dividend payable on December 15, 2008 to shareholders of record on December 2, 2008. This dividend represents a 0.5 cent increase from the...
CNB Financial Corp. Announces Third Quarter Results
WORCESTER, Mass. -- CNB Financial Corp., (OTCBB:CFNA) the parent company for Commonwealth National Bank, reported a net loss for the third quarter of $2.9 million, or $1.29 per diluted share, compared to net income of $92,000, or $0.04 per diluted share, for the comparable quarter in 2007. The net loss...
CNB Financial Corporation Reports Third Quarter Earnings for 2008
CLEARFIELD, Pa., Oct. 24 /PRNewswire-FirstCall/ -- CNB Financial Corporation today announced earnings for the third quarter and year to date 2008. Diluted earnings per share were $0.04 in the third quarter of 2008 as compared to $0.28 for the third quarter of 2007. Net income was...
CNB Financial Corp. Announces Earnings and Margin Improvement
WORCESTER, Mass. -- CNB Financial Corp., (OTCBB:CFNA) the parent company for Commonwealth National Bank, reported net income and earnings per share for the three and six months ended June 30, 2008. Net income for the second quarter of 2008 was $137,000, or $0.06 per diluted share, compared to...
CNB Elects Two Members to Board of Directors
WORCESTER, Mass. -- CNB Financial Corp., (OTCBB:CFNA), the parent company for Commonwealth National Bank Commonwealth, announced today Paula A. Aiello of Shrewsbury and Thomas J. Wickstrom of Whitinsville have been elected to its Board of Directors. Both have been members of CNB's Advisory Board; Wickstrom served as its first chairman...
CNB Financial Corp. Announces Earnings and Margin Improvement
WORCESTER, Mass. -- CNB Financial Corp., (OTCBB:CFNA) the parent company for Commonwealth National Bank today reported net income and earnings per share for the three months ending March 31, 2008. The Company reported net income for the first quarter of 2008 of $270,000, or $0.12 per diluted share,...
CNB Financial Reports 2006 Financial Results
Assets Total $281 Million; Up 13% from Previous Year WORCESTER, Mass. -- CNB Financial Corp., (the "Company")(OTCBB:CFNA) the parent company for Commonwealth National Bank ("CNB"), announced its financial results for the year ending December 31, 2006, which resulted in improved pre-tax earnings of $1,108,000 - compared to $1,074,000...
Commonwealth National Bank Opens Sixth Branch in Five Years
Newest CNB location to serve customers in West Boylston WEST BOYLSTON, Mass. -- CNB Financial Corp., (OTCBB:CFNA) the parent company for Commonwealth National Bank CNB, today announced the opening of its newest branch at 26 West Boylston Street in West Boylston. This is the sixth branch that CNB...
While CNB Financial Corp. Raises $1.9M in Additional Capital, Five Other Companies Provide Information on Recent Private Placements, Purchase Agreements and Additional Endeavors to Raise Funds.
M2 PRESSWIRE-11 October 2006-Stockguru.com: While CNB Financial Corp. Raises $1.9M in Additional Capital, Five Other Companies Provide Information on Recent Private Placements, Purchase Agreements and Additional Endeavors to Raise FundsC1994-2006 M2 COMMUNICATIONS LTD RDATE:11102006 Dallas, Texas - StockGuru Pre-Market Updates for...
CNB Financial Continues Asset Growth in 2nd Quarter 2006; Assets Exceed $287 Million; Up 25% From Previous Year
WORCESTER, Mass. -- CNB Financial Corp., (OTCBB:CFNA) the parent company for Commonwealth National Bank Commonwealth, announced increased pre-tax earnings of $251,000 for the three months ended June 30, 2006. That contrasts with $215,000 for the same period in 2005. The 2nd quarter 2006 financial results also denote the eleventh consecutive...
CNB Financial To Trade Under New Symbol ''CFNA''
WORCESTER, Mass. -- As part of the reorganization of Commonwealth National Bank as a subsidiary of CNB Financial Corp., the newly-formed Massachusetts bank holding company will be traded on the Over-The Counter Bulletin Board under the name CNB Financial Corp. and use the symbol CFNA. CNB Financial Corp....
CNB Seeks Key Leads At the Teller Window
County National Bank of Pennsylvania isn't planning on turning its tellers into salespeople, but that doesn't mean customer-facing personnel are left out of the sales equation. "We want the people who talk to the customers the most to get involved in the process...to get something to the tellers that can...
Commonwealth National Bank Shareholders Approve Measure to Form Bank Holding Company
WORCESTER, Mass. -- Annual Meeting Highlights Bank's Continued Growth Commonwealth National Bank Commonwealth (OTCBB:CWEA) shareholders have approved a measure to form a bank holding company, named CNB Financial Corp. The measure was approved at the Bank's Annual Meeting, held Thursday, May 19, 2005 at Mechanic's Hall in Worcester....
Commonwealth National Bank Announces Plans to Form a Bank Holding Company to Support Growth Plans
WORCESTER, Mass. -- Commonwealth National Bank Commonwealth (OTCBB: CWEA), today announced plans to form a bank holding company to be named CNB Financial Corp. Forming holding companies is a common practice in the banking industry. The proposal is subject to approval from Commonwealth's shareholders, which will be sought...
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- Revenue (Fiscal Year) $62.1M
- Profit (Fiscal Year) $9.1M
- Incorporated: 1983
- CEO: Mr. William F. Falger
- Employees: 241
CNB Financial is a financial holding company. Through its wholly owned subsidiary, CNB Bank (the Bank), Co. provides a range of banking and related services including checking, savings, and time deposit accounts; real estate, commercial, industrial, residential and consumer loans; and a variety of other specialized financial services such as wealth management. At Dec 31 2007, the Bank operated 21 full-service branch offices as well as one loan production office. As of Dec 31 2007, Co. had total assets of approximately $856.3 million with total deposits of $659.2 million.
Competitors
Stock Quote
Board of Directors
Mr. Dennis L. Merrey Chairman
Mr. Robert E. Brown
Mr. Michael F. Lezzer
Mr. Robert W. Montler
Mr. William C. Polacek
Mr. William F. Falger
Mr. Jeffrey S. Powell
Mr. Peter F. Smith
Mr. James B. Ryan
Mr. Deborah Dick Pontzer
Mr. Charles H. Reams
Mr. Joseph B. Bower Jr.
Contact Information
1 South Second Street
P.O. Box 42
Clearfield, PA
814 765-9621
NAICS Code
Commercial Banking: 522110
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