CB Financial Services, Inc. (CBFV)

CB Financial Services Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	59.38	59.38	54.65	41.93	39.7	42.88
Interest Income on Investments	16.75	16.75	7.58	5.78	3.85	4.58
Total Interest Income	76.13	76.13	62.23	47.72	43.56	47.47
Interest Paid on Deposits	28.44	28.44	16.43	4.03	3.13	5.17
Interest Paid on Borrowings	1.62	1.62	1.24	0.76	0.28	0.39
Total Interest Expense	30.06	30.06	17.67	4.78	3.41	5.56
Net Interest Income	46.07	46.07	44.55	42.94	40.15	41.9
Net Interest Income Growth (YoY)	3.40%	3.40%	3.77%	6.93%	-4.18%	-2.94%
Gain (Loss) on Sale of Assets	0.41	0.41	24.59	0.43	5.2	-0.06
Gain (Loss) on Sale of Investments	0.05	0.05	-10.2	-0.17	0.53	0.23
Other Non-Interest Income	4.93	4.93	9.29	9.5	7.01	5.94
Total Non-Interest Income	5.45	5.45	23.68	9.76	16.21	9.71
Non-Interest Income Growth (YoY)	-77.01%	-77.01%	142.55%	-39.77%	66.92%	13.82%
Revenues Before Loan Losses	51.51	51.51	68.23	52.7	56.36	51.62
Provision for Loan Losses	0.57	0.57	-0.5	3.78	-1.13	4
Revenue	50.94	50.94	68.74	48.91	57.49	47.62
Revenue Growth (YoY)	-25.88%	-25.88%	40.52%	-14.91%	20.73%	-6.60%
Salaries and Employee Benefits	18.82	18.82	20.09	17.87	19.37	19.16
Occupancy Expenses	3.1	3.1	-	-	2.35	2.13
Federal Deposit Insurance	0.64	0.64	0.75	0.64	1.01	0.84
Amortization of Goodwill & Intangibles	0.96	0.96	1.77	1.78	1.93	2.13
Selling, General & Administrative	7.56	7.56	10.98	9.93	9.9	7.32
Other Non-Interest Expense	4.48	4.48	4.6	4.77	4.72	5.14
Total Non-Interest Expense	35.6	35.6	38.06	34.83	39.09	36.65
EBT Excluding Unusual Items	15.34	15.34	30.67	14.08	18.39	10.96
Asset Writedown	-	-	-	-	-	-0.3
Other Unusual Items	-	-	-0.69	-	-	-0.15
Pretax Income	15.34	15.34	30.29	14.08	14.7	-9.39
Income Tax Expense	2.75	2.75	7.74	2.83	3.13	1.25
Net Income	12.59	12.59	22.55	11.25	11.57	-10.64
Net Income to Common	12.59	12.59	22.55	11.25	11.57	-10.64
Net Income Growth	-44.15%	-44.15%	100.50%	-2.79%	-	-
Basic Shares Outstanding	5	5	5	5	5	5
Diluted Shares Outstanding	5	5	5	5	5	5
Shares Change (YoY)	0.14%	0.14%	-0.51%	-4.51%	-0.25%	-0.78%
EPS (Basic)	2.46	2.46	4.41	2.19	2.15	-1.97
EPS (Diluted)	2.46	2.46	4.40	2.18	2.15	-1.97
EPS Growth	-44.20%	-44.20%	101.83%	1.42%	-	-
Dividend Per Share	-	-	1.000	0.960	0.960	0.960
Dividend Growth	-	-	4.17%	0%	0%	0%
Effective Tax Rate	17.92%	17.92%	25.54%	20.12%	21.27%	-

Source: S&P Capital IQ. Banks template. Financial Sources.