BNET Industries

Market Cap:$135.0M
Last Fiscal Year Sales:$66.7M
  • Public
  • US
Dow Jones Description

CNB Financial Corp. provides a full range of banking activities and services for individual, business, governmental and institutional customers through its wholly owned subsidiary, CNB. These activities and services principally include checking, savings, time and deposit accounts, real estate, commercial, industrial, residential and consumer loans, as well as a variety of other specialized financial services. The Company also provides trust services, including the administration of trusts and estates, retirement plans and other employee benefit plans. The Company's market area is in the central region of the state of Pennsylvania.

President & CEO
William F. Falger
Number of Employees 256
Contact Information

1 S 2nd St

Clearfield, Pennsylvania 16830

bankcnb.com

(814) 765-9621

NAICS Code Commercial Banking: 522110

Recent Events

  • United Financial Bancorp acquires CNB Financial

    12/02/09 - Merger / Acquisition - View Story

  • United Financial Bancorp completes acquisition of CNB Financial

    12/02/09 - Merger / Acquisition - View Story

  • United Financial Bancorp receives regulatory approval to acquire CNB Financial

    11/16/09 - Merger / Acquisition - View Story

  • In brief: CNB Financial announces dividend

    11/18/09 - Stock Split / Dividend - View Story

  • CNB Financial Corporation Reports Third Quarter Earnings for 2009

    10/24/09 - Financial Announcement - View Story

  • CNB Financial Shareholders OK United...

    10/22/09 - Merger / Acquisition - View Story

  • CNB Financial Announces Third Quarter Dividend

    8/11/09 - Stock Split / Dividend - View Story

  • CNB Financial Corporation Reports Second Quarter Earnings For 2009

    7/29/09 - Financial Announcement - View Story

  • Market Report -- In Play CCNE

    7/14/09 - Mgmt. Change Leaving - President - View Story

  • William Falger To Retire as President & CEO of CNB Financial Corporation/Joseph Bower Named as...

    7/14/09 - Mgmt. Change Leaving - CEO - View Story

  • First Niagara, Berkshire Hills ending TARP participation

    6/29/09 - Merger / Acquisition - View Story

  • United Financial Bancorp Inc. to Acquire CNB Financial Corp.

    6/26/09 - Merger / Acquisition - View Story

News & Analysis

cnb financial corp. and nbt bancorp inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
William F. Falger President & CEO
Charles R Guarino Treasurer of Cnb Financial Corp. Vice President and Chief Financial Officer
Joseph B. Bower Jr. CFO, COO, Executive Vice President, Treasurer & Secretary
Mark D. Breakey Executive Vice President & Chief Credit Officer
Richard L. Sloppy Executive Vice President and Chief Lending Officer
William A. Franson COO & Executive Vice President
William M. Mahoney CFO
Donald E. Shawley Senior Vice President
MaryAnn Conoway Vice President, HR

Board of Directors

Name (plus bio) Position
Dennis L. Merrey Chairman of the Board
Charles H Reams Board of Directors
Deborah Dick Pontzer Board of Directors
James B. Ryan Board of Directors
James J. Leitzinger Board of Directors
James P. Moore Board of Directors
Jeffrey S. Powell Board of Directors
Michael F. Lezzer Board of Directors
Peter F. Smith Board of Directors
Robert E. Brown Board of Directors
Robert W. Montler Board of Directors
William R. Owens Board of Directors

Mr. Falger was appointed President and Chief Executive Officer on December 31, 2000. Mr. Falger was previously Vice President, Secretary and Treasurer of the Company. Mr. Falger has been President and Chief Executive Officer CNB since January 1, 1993. He was previously group Vice President since April 1989

Organization Position Status
CNB Financial Corporation President & CEO Current

Mr. Guarino is Treasurer of CNB Financial Corporation and Chief Financial Officer of CNB. Previously, he was Audit Supervisor for Parente Randolph, a regional public accounting firm with offices in Pennsylvania, New Jersey and Delaware.

Organization Position Status
CNB Financial Corporation Treasurer of Cnb Financial Corp. Vice President and Chief Financial Officer Current
CNB Financial Corporation Treasurer and Principal Financial Officer Current

Mr. Bower is Secretary of CNB Financial Corporation and Executive Vice President/Chief Operating Officer of CNB. Previously, he was Chief Financial Officer at Mifflinburg Bank & Trust Company, Mifflinburg, PA.

Organization Position Status
CNB Financial Corporation CFO, COO, Executive Vice President, Treasurer & Secretary Current
CNB Financial Corporation Secretary Current

Mr. Mark Breakey was appointed Senior Vice President and Credit Risk Manager in 1995. Previously, he was Vice President in charge of business development for the Elk county area.

Organization Position Status
CNB Financial Corporation Executive Vice President & Chief Credit Officer Current
CNB Financial Corporation Senior Vice President Former

Mr. Sloppy began his banking career in 1973 with the former Keystone National Bank after receiving his BA in Business Administration from Gettysburg College. He has held various lending positions since that time, up to his most recent position here at CNB as Senior Vice President/Senior Loan Officer, Commercial Lending. In this position, he oversees all lending areas within the bank.

Organization Position Status
CNB Financial Corporation Executive Vice President and Chief Lending Officer Current
CNB Financial Corporation Senior Vice President Former

Organization Position Status
CNB Financial Corporation COO & Executive Vice President Current

Organization Position Status
CNB Financial Corporation CFO Current

Organization Position Status
CNB Financial Corporation Senior Vice President Current

Organization Position Status
CNB Financial Corporation Vice President, HR Current

Mr. Merrey is Retired, Formerly President Clearfield Powdered Metals, Inc. (Manufacturer).

Organization Position Status
CNB Financial Corporation Chairman of the Board Current
CNB Financial Corporation Board of Directors Current

Organization Position Status
CNB Financial Corporation Board of Directors Current

Mrs. Pontzer is the Director of Outreach Services for the University of Pittsburgh, Bradford Campus.

Organization Position Status
CNB Financial Corporation Board of Directors Current

Mr. Ryan is Retired, Formerly Vice President of Sales & Marketing Windfall Products, Inc. (Manufacturer).

Organization Position Status
CNB Financial Corporation Board of Directors Current

Organization Position Status
CNB Financial Corporation Board of Directors Current

Organization Position Status
CNB Financial Corporation Board of Directors Current

Organization Position Status
CNB Financial Corporation Board of Directors Current

Mr. Lezzer is President of Lezzer Holdings Inc. He has worked in various roles and aspects of the Corporation's primary subsidiary, Lezzer Lumber, from yard operations to ten years managing the State College location.

Organization Position Status
CNB Financial Corporation Board of Directors Current

Organization Position Status
CNB Financial Corporation Board of Directors Current

Organization Position Status
CNB Financial Corporation Board of Directors Current

Robert W. Montler, President & CEO of Lee Industries. Mr. Montler is also President & CEO of Keystone Process Equipment, which purchases and refurbishes used process equipment for the pharmaceutical, cosmetic, food and chemical markets. He started Keystone Process Equipment in 1997 and that same year began a real estate development company known as Tipton Realty.

Organization Position Status
CNB Financial Corporation Board of Directors Current

Organization Position Status
CNB Financial Corporation Board of Directors Current
CNB Financial Corporation President, CNB Bank Former
CNB Financial Corporation Vice President Former
CNB Financial Corporation Chairman Former

Executive News

  • CNB Financial Announces Third Quarter Dividend

    Stockwatch - 8/11/09 - View Story

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     CCNE $15.46 +0.23 (1.51% )
Average Volume 12,432
Shares Outstanding 8.74M
Market Cap 135.1M
Year High 18.74
Year Low 8.32
Earnings Per Share 0.89
P/E Ratio 17.37
Dividend 0.66
Yield 4.27
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