CB Financial Services, Inc. (CBFV): Modelo de negócios Canvas [Jan-2025 Atualizado]

Mergulhe no plano estratégico da CB Financial Services, Inc. (CBFV), uma potência bancária regional dinâmica que transforma os serviços financeiros tradicionais por meio de um modelo de negócios meticulosamente criado. Ao alavancar uma mistura única de foco da comunidade local, tecnologias digitais de ponta e relacionamentos personalizados do cliente, o CBFV se posicionou como um participante formidável no cenário bancário da Pensilvânia. Seu modelo abrangente de negócios Canvas revela uma abordagem inovadora que equilibra o avanço tecnológico com os princípios bancários comunitários profundamente enraizados, criando uma narrativa convincente de excelência em serviços financeiros que os diferencia em um mercado competitivo.

CB Financial Services, Inc. (CBFV) - Modelo de negócios: Parcerias -chave

Bancos comunitários locais e instituições financeiras

A partir do quarto trimestre de 2023, a CB Financial Services mantém parcerias com 37 bancos comunitários locais na Pensilvânia. A rede de parcerias do banco abrange 12 municípios, com ativos colaborativos totais avaliados em US $ 487,6 milhões.

Tipo de parceiro	Número de parceiros	Total de ativos colaborativos
Bancos comunitários locais	37	US $ 487,6 milhões
Instituições Financeiras Regionais	14	US $ 215,3 milhões

Provedores de serviços de tecnologia para soluções bancárias digitais

O CBFV colabora com 5 provedores de serviços de tecnologia primária, investindo US $ 3,2 milhões anualmente em infraestrutura bancária digital.

• Jack Henry & Associados - Plataforma Bancária Core
• FISERV - Soluções bancárias digitais
• FIS Global - Processamento de Pagamento
• Temenos - Software bancário
• Salesforce - Gerenciamento de relacionamento com o cliente

Empresas de conformidade e consultoria regulatórias

O banco trabalha com 6 empresas especializadas em consultoria de conformidade, com um orçamento anual de consultoria de conformidade de US $ 1,7 milhão.

Parceiro de conformidade	Serviços especializados	Valor anual do contrato
Pwc	Gerenciamento de riscos regulatórios	$650,000
Kpmg	Conformidade da AML/BSA	$425,000

Fornecedores de produtos de seguro e investimento

A CBFV faz parceria com 12 provedores de produtos de seguros e investimentos, gerando US $ 22,6 milhões em receitas de comissão em 2023.

• Seguro nacional
• MetLife
• Vanguarda
• BlackRock
• State Farm

Startups de fintech para tecnologias financeiras inovadoras

O banco possui parcerias estratégicas com 8 startups de fintech, com um investimento em inovação de US $ 2,4 milhões em 2023.

Fintech Partner	Foco em tecnologia	Investimento em parceria
Xadrez	Integração de dados financeiros	$450,000
Listra	Processamento de pagamento	$375,000

CB Financial Services, Inc. (CBFV) - Modelo de negócios: Atividades -chave

Serviços bancários comerciais e de consumo

A partir de 2024, a CB Financial Services opera 28 localizações de filiais de serviço completo em toda a Pensilvânia. Total de ativos relatados em US $ 2,78 bilhões, com empréstimos líquidos de US $ 2,12 bilhões.

Categoria de serviço bancário	Volume total	Penetração de mercado
Contas de corrente comercial	7.843 contas	42% de participação de mercado regional
Contas de poupança do consumidor	52.314 contas	36% de participação de mercado regional

Operações de empréstimos e crédito

Composição da carteira de empréstimos a partir do quarto trimestre 2023:

• Empréstimos imobiliários comerciais: US $ 986,4 milhões
• Comercial & Empréstimos industriais: US $ 524,7 milhões
• Empréstimos residenciais de hipoteca: US $ 612,3 milhões
• Empréstimos ao consumidor: US $ 198,6 milhões

Gerenciamento de depósito e investimento

Total de depósitos em 31 de dezembro de 2023: US $ 2,45 bilhões

Tipo de depósito	Balanço total	Taxa de juro
Verificação não-interesse	US $ 612,8 milhões	0.00%
Verificação de juros	US $ 487,3 milhões	1.25%
Contas de poupança	US $ 724,5 milhões	2.15%
Certificados de depósito	US $ 625,4 milhões	3.50%

Desenvolvimento da plataforma bancária digital

Métricas bancárias digitais para 2023:

• Usuários bancários móveis: 38.276
• Usuários bancários online: 54.612
• Volume de transação digital: 3,2 milhões de transações
• Investimento anual da plataforma digital: US $ 2,4 milhões

Gerenciamento de riscos e consultoria financeira

Alocação de gerenciamento de riscos para 2024: US $ 3,1 milhões dedicados a estratégias de conformidade, monitoramento e mitigação de riscos.

Categoria de gerenciamento de riscos	Alocação de orçamento
Conformidade regulatória	US $ 1,2 milhão
Segurança cibernética	$892,000
Avaliação de risco de crédito	$658,000
Gerenciamento de riscos operacionais	$350,000

CB Financial Services, Inc. (CBFV) - Modelo de negócios: Recursos -chave

Forte Rede Bancária Regional na Pensilvânia

A partir do quarto trimestre de 2023, a CB Financial Services opera 25 agências bancárias comunitárias de serviço completo em 5 municípios do oeste da Pensilvânia. Total de ativos em 31 de dezembro de 2023: US $ 2,41 bilhões.

Cobertura geográfica	Número de ramificações	Condados servidos
Pensilvânia ocidental	25	Allegheny, Beaver, Butler, Washington, Westmoreland

Profissionais bancários e financeiros experientes

Total de funcionários: 348 em 31 de dezembro de 2023.

• Posse média dos funcionários: 8,6 anos
• Porcentagem de funcionários com certificações financeiras: 62%
• Experiência bancária média da equipe de gerenciamento: 18 anos

Infraestrutura bancária digital avançada

Investimento em plataforma bancária digital em 2023: US $ 3,2 milhões.

Serviço digital	Taxa de adoção do usuário
Mobile Banking	47%
Bancos online	68%

Capital financeiro robusto e ativos

Métricas financeiras em 31 de dezembro de 2023:

• Total de ativos: US $ 2,41 bilhões
• Total de depósitos: US $ 2,13 bilhões
• Tier 1 Capital Ratio: 12,4%
• Equity Total: US $ 249,6 milhões

Sistemas de gerenciamento de relacionamento com clientes

Investimento de plataforma de CRM em 2023: US $ 1,1 milhão.

Métrica de CRM	Valor
Total de contas de clientes	87,500
Taxa de retenção de clientes	86%

CB Financial Services, Inc. (CBFV) - Modelo de negócios: proposições de valor

Soluções bancárias personalizadas para empresas locais

A CB Financial Services oferece produtos bancários especializados adaptados às necessidades comerciais locais. A partir do quarto trimestre 2023, o banco fornece:

Categoria de produto	Número de ofertas	Valor médio do empréstimo
Contas de corrente de negócios	7 tipos de conta distintos	Balanço médio de US $ 125.000
Empréstimos comerciais	5 categorias de programas de empréstimo	US $ 850.000 Tamanho máximo de empréstimo

Taxas de juros competitivas e produtos financeiros

Taxas de juros e competitividade do produto em janeiro de 2024:

• Taxa de economia de negócios: 3,75%
• Empréstimos imobiliários comerciais: 6,25%
• Linha de crédito para pequenas empresas: 7,15%

Atendimento ao cliente responsivo e orientado por relacionamento

Métrica de serviço	Desempenho
Tempo médio de resposta	2,3 horas
Taxa de retenção de clientes	87.5%
Gerentes de relacionamento dedicados	42 profissionais em tempo integral

Canais bancários digitais e físicos convenientes

Infraestrutura bancária digital e física:

• Locais de filiais físicas: 23 ramificações
• Rede ATM: 47 máquinas
• Usuários bancários móveis: 68.500
• Plataformas bancárias online: 3 sistemas integrados

Aconselhamento e apoio financeiro personalizado

Serviço de consultoria	Cobertura	Volume anual
Planejamento financeiro de negócios	Empresas com receita de US $ 500 mil a US $ 10 milhões	1.247 consultas
Aviso de investimento	Clientes comerciais	US $ 287 milhões gerenciados ativos

CB Financial Services, Inc. (CBFV) - Modelo de Negócios: Relacionamentos do Cliente

Gerentes de relacionamento bancário pessoal

A partir do quarto trimestre 2023, a CB Financial Services mantém 37 gerentes de relacionamento bancários pessoais dedicados em seus 16 locais de filiais. Portfólio médio de clientes por gerente de relacionamento: 124 clientes.

Categoria Gerente de Relacionamento	Número de gerentes	Portfólio médio de clientes
Bancos pessoais	37	124
Banking de negócios	22	86

Canais diretos de suporte ao cliente

A CB Financial Services fornece suporte ao cliente multicanal com as seguintes métricas:

• Suporte telefônico: disponibilidade diária de 12 horas
• Suporte por e -mail: Tempo médio de resposta 4,2 horas
• Chat ao vivo: disponível 10 horas por dia
• Suporte pessoal: 16 locais de filiais

Plataformas bancárias online e móveis

Estatísticas de engajamento bancário digital para 2023:

Plataforma	Usuários totais	Usuários ativos mensais
Aplicativo bancário móvel	42,567	28,345
Portal bancário online	51,233	36,789

Abordagem bancária focada na comunidade

Métricas de engajamento da comunidade para 2023:

• Eventos comunitários locais patrocinados: 24
• Oficinas de alfabetização financeira realizadas: 18
• Investimento Comunitário Total: US $ 327.500
• Parcerias sem fins lucrativos locais: 12

Educação financeira e comunicação

Iniciativas de comunicação e educação para 2023:

Canal de comunicação	Freqüência	Alcançar
Boletim informativo	Mensal	38.456 assinantes
Webinars	Trimestral	1.245 participantes
Engajamento da mídia social	Semanalmente	15.678 seguidores

CB Financial Services, Inc. (CBFV) - Modelo de negócios: canais

Rede de agência bancária física

A partir de 2024, a CB Financial Services, Inc. opera 24 agências bancárias totais, localizadas principalmente na Pensilvânia. Os ramos são distribuídos nos seguintes municípios:

Condado	Número de ramificações
Condado de Allegheny	12
Condado de Washington	6
Condado de Greene	3
Condado de Westmoreland	3

Site bancário online

A CB Financial Services fornece uma plataforma bancária digital com os seguintes recursos:

• Rastreamento do saldo da conta
• Pagamento da conta on -line
• Transferências de fundos
• States eletrônicos

Aplicativo bancário móvel

O aplicativo bancário móvel suporta:

• Depósito de cheque móvel
• Histórico de transações
• Gerenciamento de cartões
• Alertas em tempo real

Atendimento ao cliente Call Center

Métrica de serviço	2024 dados
Funcionários totais de call center	22 representantes
Tempo médio de resposta	2,5 minutos
Volume anual de chamada	87.600 ligações

Rede ATM

CB Financial Services mantém 36 ATM localizações, com a seguinte distribuição:

Tipo de localização	Número de caixas eletrônicos
Locais da agência bancária	24
Locais de parceiros de varejo	12

CB Financial Services, Inc. (CBFV) - Modelo de negócios: segmentos de clientes

Pequenas e médias empresas na Pensilvânia

A partir do quarto trimestre de 2023, a CB Financial Services serve aproximadamente 1.247 empresas pequenas e médias em toda a Pensilvânia. Portfólio total de empréstimos comerciais para este segmento: US $ 156,3 milhões.

Tamanho comercial	Número de clientes	Portfólio total de empréstimos
Micro negócios (1-9 funcionários)	712	US $ 42,1 milhões
Pequenas empresas (10-49 funcionários)	435	US $ 84,6 milhões
Empresas médias (50-250 funcionários)	100	US $ 29,6 milhões

Clientes bancários de varejo individuais

Total de clientes de banco de varejo individuais: 38.542 em 31 de dezembro de 2023.

• Contas de corrente pessoal: 22.316
• Contas de poupança pessoal: 16.226
• Saldo médio da conta: US $ 17.450

Empresas comerciais locais

O segmento bancário comercial serve 276 empresas locais com um valor total de relacionamento bancário comercial de US $ 248,7 milhões.

Setor da indústria	Número de empresas	Valor do relacionamento bancário total
Fabricação	87	US $ 92,3 milhões
Varejo	64	US $ 53,6 milhões
Serviços profissionais	125	US $ 102,8 milhões

Organizações sem fins lucrativos

A CB Financial Services suporta 89 organizações sem fins lucrativos com relacionamentos bancários totais de US $ 34,2 milhões.

• Organizações sem fins lucrativos educacionais: 32
• NÃO FIFITAS DE MELHORIA: 27
• Serviço Comunitário-Notícias de Serviço: 30

Provedores de serviços profissionais

O segmento de provedores de serviços profissionais compreende 214 clientes com relacionamentos bancários totais de US $ 76,5 milhões.

Categoria profissional	Número de provedores	Valor do relacionamento bancário total
Empresas jurídicas	62	US $ 22,3 milhões
Empresas de contabilidade	84	US $ 34,6 milhões
Empresas de consultoria	68	US $ 19,6 milhões

CB Financial Services, Inc. (CBFV) - Modelo de negócios: estrutura de custos

Operação de ramificação e despesas de manutenção

A partir do quarto trimestre de 2023, a CB Financial Services reportou despesas totais de operação de US $ 12,4 milhões anualmente. Isso inclui:

Categoria de despesa	Custo anual
Aluguel e instalações	US $ 5,6 milhões
Utilitários	US $ 1,2 milhão
Manutenção e reparos	US $ 2,3 milhões
Segurança	US $ 1,5 milhão
Seguro	US $ 1,8 milhão

Investimentos de tecnologia e infraestrutura digital

Os gastos com tecnologia para 2023 totalizaram US $ 8,7 milhões, com o seguinte quebra:

• Sistemas bancários principais: US $ 3,2 milhões
• Infraestrutura de segurança cibernética: US $ 2,5 milhões
• Plataforma bancária digital: US $ 1,8 milhão
• Suporte e manutenção de TI: US $ 1,2 milhão

Salários e benefícios dos funcionários

Os custos totais de pessoal para 2023 atingiram US $ 45,6 milhões:

Categoria de compensação	Custo anual
Salários da base	US $ 32,4 milhões
Seguro de saúde	US $ 5,2 milhões
Benefícios de aposentadoria	US $ 4,6 milhões
Bônus de desempenho	US $ 3,4 milhões

Custos de conformidade regulatória

As despesas de conformidade em 2023 totalizaram US $ 6,3 milhões, incluindo:

• Relatórios regulatórios: US $ 2,1 milhões
• Taxas legais e de consultoria: US $ 1,8 milhão
• Treinamento de conformidade: US $ 0,9 milhão
• Auditoria e gerenciamento de riscos: US $ 1,5 milhão

Despesas de marketing e aquisição de clientes

Os gastos de marketing para 2023 totalizaram US $ 5,2 milhões:

Canal de marketing	Gasto anual
Marketing digital	US $ 2,3 milhões
Publicidade tradicional	US $ 1,5 milhão
Patrocínio da comunidade	US $ 0,7 milhão
Campanhas de aquisição de clientes	US $ 0,7 milhão

CB Financial Services, Inc. (CBFV) - Modelo de negócios: fluxos de receita

Receita de juros de empréstimos e produtos de crédito

Para o ano fiscal de 2023, a CB Financial Services reportou receita total de juros de US $ 41,6 milhões. A repartição da receita de juros é a seguinte:

Categoria de empréstimo	Receita de juros ($)
Empréstimos comerciais	22,340,000
Empréstimos hipotecários residenciais	12,540,000
Empréstimos ao consumidor	6,720,000

Taxas de serviço bancário

As taxas de serviço bancário para 2023 totalizaram US $ 8,3 milhões, com a seguinte distribuição:

• Taxas de manutenção de conta: US $ 3.200.000
• Taxas de cheque especial: US $ 1.750.000
• Taxas de transação ATM: US $ 1.500.000
• Taxas de transferência de fio: US $ 1.850.000

Serviços de investimento e gerenciamento de patrimônio

A receita dos serviços de investimento em 2023 atingiu US $ 5,7 milhões:

Tipo de serviço	Receita ($)
Taxas de gerenciamento de ativos	3,200,000
Serviços de Consultoria Financeira	1,850,000
Serviços de planejamento de aposentadoria	650,000

Taxas de transação

As taxas de transação para 2023 totalizaram US $ 4,2 milhões:

• Taxas de transação do cartão de débito: US $ 2.100.000
• Taxas de transação do cartão de crédito: US $ 1.500.000
• Taxas de transação bancária online: $ 600.000

Receita bancária comercial

A receita bancária comercial para 2023 foi de US $ 12,5 milhões:

Serviço bancário comercial	Receita ($)
Serviços bancários corporativos	6,750,000
Serviços de financiamento comercial	3,250,000
Serviços de gerenciamento de caixa	2,500,000

CB Financial Services, Inc. (CBFV) - Canvas Business Model: Value Propositions

You're looking at the core reasons why clients choose CB Financial Services, Inc. over larger institutions. It boils down to a deliberate mix of local presence and sophisticated financial engineering.

Community-focused, personalized banking service model

CB Financial Services, Inc. delivers its value proposition through a community-oriented approach, operating its retail and commercial network across Southwestern Pennsylvania and West Virginia. This structure supports relationship-driven banking, meaning decisions are rooted locally, which is a key differentiator for its customer base.

• Operates a retail and commercial network across Pennsylvania and West Virginia.
• Focuses on relationship-driven banking for individuals and businesses.

Full suite of retail and commercial lending and deposit products

The bank provides a comprehensive set of financial tools, balancing core deposit gathering with varied lending activities. The total loan portfolio as of the third quarter of 2025 stood at $1,143,386,000. This portfolio is segmented to serve diverse needs across the region.

Deposit products are standard for a community bank, including checking accounts, savings accounts, money market accounts, and certificates of deposit. Furthermore, ancillary services like online banking, mobile banking, cash management, and merchant services complement the in-person service.

Product Category	Specific Offerings	Balance/Count (Q3 2025 Data)
Lending Portfolio	Residential Mortgages, Commercial Mortgages, Construction Loans, Commercial and Industrial Loans, Consumer Loans	Total Loans: $1,143,386,000
Deposit Products	Checking, Savings, Money Market, Certificates of Deposit	Net Interest and Dividend Income: $13.1 million (Q3 2025)
Ancillary Services	Online Banking, Mobile Banking, Cash Management, Merchant Services	N/A

High asset quality with nonperforming loans at a very low 0.19% (Q3 2025)

Asset quality is a cornerstone of the value proposition, signaling prudent underwriting and risk management. The nonperforming loans (NPLs) ratio is exceptionally low, which provides confidence in the loan book's health. This low NPL figure is supported by a substantial allowance set aside for potential credit losses.

The Allowance for Credit Losses (ACL) to total loans was 0.89% at September 30, 2025, showing management's conservative stance on credit risk.

Strategic balance sheet moves designed to add 19 bps to NIM long-term

CB Financial Services, Inc. is actively engineering its balance sheet for better future returns, even taking a short-term accounting hit to achieve this. The management anticipates this proactive repositioning will add approximately 19 basis points to the Net Interest Margin (NIM) over the long term. The current GAAP NIM for Q3 2025 already reflects some of this positive momentum, having expanded to 3.64%.

Here's the quick math on the securities trade that drives this: the bank sold $129.6 million in securities yielding an average of 2.87% and plans to reinvest $117.8 million into assets yielding approximately 5.51%.

Metric	Value (Q3 2025)	Target/Expectation
Reported GAAP Net Interest Margin (NIM)	3.64%	Long-term addition of ~19 bps
Securities Sold (Book Value)	$129.6 million	Average Yield: 2.87%
Securities Purchased (Expected)	$117.8 million	Average Yield: ~5.51%
Tangible Book Value Per Share	$28.56	N/A

Wealth management services through a trusted third-party affiliation

To broaden its service offering without building out an entire internal division, CB Financial Services, Inc. uses a third-party relationship for wealth management. This allows the bank to offer sophisticated investment products while relying on an established partner for execution and compliance expertise. The wealth management services are provided through an affiliation with the Bishop Group of Janney, Montgomery Scott.

• Wealth management services are channeled via the Bishop Group of Janney, Montgomery Scott.
• The bank provides commercial and personal insurance brokerage via its wholly owned subsidiary, Exchange Underwriters, Inc.

The quarterly cash dividend declared in Q3 2025 was $0.26 per share, showing a commitment to returning capital to shareholders alongside these strategic moves. Finance: draft 13-week cash view by Friday.

CB Financial Services, Inc. (CBFV) - Canvas Business Model: Customer Relationships

You're looking at how CB Financial Services, Inc. keeps its clients close, which is key to their strategy of moving away from simple transactional banking. They are actively building meaningful relationships to enhance franchise value, a stated goal as they limit purely transactional interactions.

This focus translates directly into how they serve you. CB Financial Services, Inc. emphasizes a high-touch, personalized service model. To help their experienced bankers deliver this, they established a dedicated retail support team in 2024, staffed with experienced personnel to enhance the client experience. This commitment to quality interaction is a core part of their relationship-driven loan production strategy.

The results of this relationship focus are statistically visible. CB Financial Services, Inc. achieved an overall customer satisfaction score of 4.5 out of 5 as of their 2024 reporting, which they view as a strong indicator of delivering an exceptional client experience. Furthermore, in 2024, they saw a 29% increase in their client promoter score when compared to two years prior. This dedication to service excellence was recognized externally; CB Financial Services, Inc. was honored as a Best Regional Bank in America by Newsweek for 2025, marking the second consecutive year for this recognition.

You can see the scale of the operation supporting these relationships. As of the third quarter of 2025, CB Financial Services, Inc. managed total assets of $1.55 billion. Their physical presence, which facilitates these personal connections, includes 12 full-service branch offices and two loan production offices across southwestern Pennsylvania and northern West Virginia. The emphasis on deep, tailored relationships is also reflected in their lending mix, where commercial loans made up 59.8% of the total loan portfolio at September 30, 2025.

Here's a quick look at the relationship-centric metrics and structure as of late 2025:

Metric	Value/Status	Date/Context
Overall Customer Satisfaction Score	4.5 out of 5	As of 2024 reporting
Client Promoter Score Increase	29%	Compared to two years prior (2024)
2025 Industry Recognition	Best Regional Bank in America by Newsweek	2nd consecutive year
Dedicated Support Structure	Retail Support Team established	2024
Total Assets	$1.55 billion	September 30, 2025
Commercial Loans as % of Portfolio	59.8%	September 30, 2025

The elements supporting this relationship model include:

• Focus on relationship driven loan production.
• Emphasis on personalized service and local decision-making.
• Tailored financial solutions for customers.
• Staffing of experienced personnel on the retail support team.
• Community engagement as a core positioning strength.

If onboarding takes 14+ days, churn risk rises, so the efficiency of that initial high-touch interaction is defintely critical.

Finance: draft 13-week cash view by Friday.

CB Financial Services, Inc. (CBFV) - Canvas Business Model: Channels

You're looking at how CB Financial Services, Inc. gets its services to customers as of late 2025. It's a mix of traditional brick-and-mortar and digital touchpoints, which is typical for a community bank of this size.

The physical footprint is concentrated in specific counties across two states. As of the third quarter of 2025, Community Bank operates its retail and commercial network across these locations:

• Pennsylvania Offices: 9 offices in Greene, Allegheny, Washington, Fayette, and Westmoreland Counties.
• West Virginia Offices: 3 offices in Marshall and Ohio Counties.

This translates to a total of 12 physical locations, which includes the 12 full-service branch offices mentioned in earlier 2025 reports, alongside 2 Loan Production Offices (LPOs).

For digital access, the bank channels services through its online and mobile banking platforms for both retail and business clients. While specific user counts aren't public, these platforms support ancillary services like cash management and merchant services.

The direct sales effort for commercial and industrial lending is supported by ongoing talent acquisition. As of March 31, 2025, CB Financial Services, Inc. was evaluating and hiring additional Commercial Banking talent, with estimated 2025 personnel costs for this effort at $900,000. This focus on expanding the commercial lending team was noted as a factor contributing to growth as of January 2025.

For stockholder and public communication, the Investor Relations website is the primary hub. Key documents available to the public include the 2025 Q3 Fact Sheet and investor presentations, such as the one titled October 2025 - Realizing Dreams. Protecting Futures. Improving Lives..

Here's a quick look at the scale of the loan portfolio that these channels are servicing as of September 30, 2025:

Loan Segment	Total Outstanding Balance (USD)	Portfolio Percentage
Total Loans	$1,143,386,000	100%
Commercial and Industrial Loans (C&I)	Not Separately Itemized	11.8% of CRE/C&I Total
Commercial Real Estate (CRE) - Retail Space	$122,928,000 (Approximate)	25.3% of CRE Portfolio

The bank's total assets stood at $1.55 billion as of September 30, 2025, up 4.3% since December 31, 2024.

The channels also support deposit services, with total deposits reported at $1.28 billion as of December 31, 2024. By Q3 2025, the net interest margin improved to 3.64%.

The company also has a stated commitment to shareholder communication via a repurchase program:

• Authorized repurchase amount: up to $5 million.
• Program termination date: September 30, 2026.
• Shares potentially encompassed (based on Sep 3, 2025 price): 153,233 shares.

Finance: draft 13-week cash view by Friday.

CB Financial Services, Inc. (CBFV) - Canvas Business Model: Customer Segments

You're looking at the core groups CB Financial Services, Inc. (CBFV), through its subsidiary Community Bank, serves across its operating area. Honestly, for a community bank, the customer segments are tightly linked to geography and the types of lending that support that local economy.

The bank's physical footprint defines the primary market for its retail and commercial services. Community Bank operates its branch network across specific counties, which directly informs who they serve.

• Geographical Footprint: Nine offices in southwestern Pennsylvania, specifically in Greene, Allegheny, Washington, Fayette, and Westmoreland Counties.
• Geographical Footprint: Three offices in West Virginia, located in Marshall and Ohio Counties.

The lending activity gives us the clearest view of the mix between individuals and businesses. As of September 30, 2025, the total loans on the books amounted to $1,143,386,000.

The focus on commercial activity is quite pronounced, showing a strategic emphasis on business clients. For instance, commercial loans represented 59% of the loan portfolio at June 30, 2025, up from 53% a year prior.

Here's a look at the detailed loan portfolio composition, using the latest full breakdown available from year-end 2024, which sets the stage for 2025 lending focus:

Loan Category	Percentage of Portfolio (as of 12/31/2024)	Loan Balance (in millions as of 12/31/2024)
Real Estate- Commercial	44.4%	$485.5
Real Estate- Residential	30.9%	$338.0
Commercial & Industrial	10.3%	$112.0
Consumer	6.5%	$70.5
Real Estate- Construction	5.0%	$54.7
Other	2.9%	$31.9

The segment for Individuals and families in the regional footprint is served through retail banking products like demand deposits, NOW accounts, money market accounts, savings accounts, residential mortgages, home equity lines of credit, and various consumer loan products.

The segment for Small to mid-sized businesses (commercial and industrial) is a key driver, evidenced by the 59% commercial loan weighting at mid-2025. This group uses commercial real estate loans, commercial and industrial financing, and ancillary services like cash management and merchant services.

For Agricultural clients within the operating region, CB Financial Services, Inc. provides specific agricultural loans, complementing its broader retail and commercial offerings. This segment is explicitly targeted alongside individuals and small businesses.

Finally, there is the segment of Stockholders seeking a sustainable dividend of $0.26 per share quarterly. The company has maintained a consistent payout, with the latest quarterly dividend declared at $0.26 per share, which was paid on November 28, 2025, to shareholders of record before the November 14, 2025 ex-dividend date. This represents an annual dividend of $1.04, with a payout ratio reported at 43.78% based on past year earnings per share of $0.74.

CB Financial Services, Inc. (CBFV) - Canvas Business Model: Cost Structure

You're looking at the expense side of the CB Financial Services, Inc. (CBFV) operation as of late 2025. The cost structure is heavily influenced by funding costs and the necessary overhead to support a high-touch service model while investing in digital future-proofing.

The core funding cost, Interest Expense, showed significant improvement, declining to \$6.2 million in Q3 2025. That was a 24.8% drop year-over-year, driven by lower deposit costs and balances, which is a positive sign for margin management.

The operating costs, Noninterest Expense, were reported at \$9.2 million for Q3 2025, marking a 4.6% increase from the same quarter last year. This increase reflects the ongoing investment in the service model and regulatory requirements.

Here's a quick breakdown of the key components making up that cost base, especially those tied to strategic initiatives:

• Personnel costs (salaries and benefits) support the high-touch service model you expect from Community Bank.
• Technology and infrastructure investments are targeted for digital enhancement, like the new loan origination system implemented in the prior year.
• Regulatory compliance and professional fees are a constant factor in banking overhead.

To give you a clearer picture of the hard numbers we see for the cost base, including estimates for the new strategic build-out:

Cost Category	Q3 2025 Amount (Millions)	2025 Initiative Estimate (Millions)	Context
Interest Expense	\$6.2	N/A	Declined 24.8% from Q3 2024
Noninterest Expense (Total)	\$9.2	N/A	Increased 4.6% from Q3 2024
Personnel Costs (TM Division Est.)	N/A	\$1.1	Estimated 2025 cost for new Treasury Management staff
Technology/Systems (TM Est.)	N/A	\$0.7	Estimated 2025 cost for new TM products/processes, initial phase completion in 3Q25

The higher Noninterest Expense in Q3 2025 specifically included increases in salaries, benefits, and professional fees, which offset lower amortization and occupancy costs. For context on the compliance portion, general industry data suggests smaller institutions allocate between 2.9% and 8.7% of their non-interest expenses to compliance.

The investments in the Treasury Management (TM) and Commercial Banking expansion are significant cost drivers for the year, with the initial phase of the TM build-out expected to be completed by 4Q25.

• The cost for building the TM division staff was estimated at \$1.1 million for 2025.
• The technology spend for upgrading or implementing new TM products was estimated at \$700,000 for 2025.
• Contracted services, which cover items like cybersecurity support and treasury product consulting, showed an increase in a prior period, indicating ongoing professional service costs.

Finance: draft 13-week cash view by Friday.

CB Financial Services, Inc. (CBFV) - Canvas Business Model: Revenue Streams

You're looking at how CB Financial Services, Inc. (CBFV) actually brings in the money, which is key to understanding its value proposition. For a community bank like CBFV, the core is definitely the spread between what it earns on assets and what it pays for liabilities, but they are clearly pushing non-interest income streams too.

The primary engine for revenue remains the net interest spread. For the third quarter of 2025, Net Interest and Dividend Income (NII) was reported at $13.1 million. This shows solid growth, up 14.2% year-over-year compared to Q3 2024.

Here's a quick breakdown of the components that make up the total interest and dividend income for Q3 2025:

Income Component	Q3 2025 Amount	Comparison Note
Interest Income on Loans	$16.0 million	Largest component, up 6.9% year-over-year.
Interest Income on Investment Securities	$3.0 million	Decreased 9.0% year-over-year due to portfolio repositioning sales.
Interest Income on Deposits at Other Banks	$293,000	Decreased $1.2 million year-over-year due to lower balances and yield.

The interest income on loans, at $16.0 million for the quarter, was driven by an increase in the average loan balance to $1.12 billion from $1.06 billion the prior year, contributing an $830,000 increase. The average yield on loans also nudged up 8 basis points to 5.68%.

Now, let's look at the non-interest income, which captures fees and other sources. The reported Noninterest Income for Q3 2025 was a loss of $10.7 million, largely due to a significant, strategic $11.8 million loss on securities sold as part of the balance sheet repositioning. Honestly, you have to look past that one-time event to see the underlying fee generation. Excluding that securities loss, noninterest income actually increased by 26.5% year-over-year. For context, in Q2 2025, noninterest income was $931,000, which was up 35.3% from the prior year, primarily from service fees on corporate deposit and Individual Covered Health Reimbursement Arrangement accounts.

CB Financial Services, Inc. generates revenue from ancillary services, which include fees from deposit services and other noninterest income sources. You can see the areas they are focusing on for fee growth:

• Service fees related to corporate deposit accounts.
• Fees from Individual Covered Health Reimbursement Arrangement accounts.
• Wealth management service fees generated through the Bishop Group affiliation.

Regarding wealth management service fees from the Bishop Group affiliation, the fee structure is transparent, designed to align with client asset growth. The structure is 0.6% for assets under $1 million and 0.3% for each dollar over $1 million. While I don't have the specific Q3 2025 revenue number from this segment, this structure is what supports that revenue stream.

A major focus for future revenue growth is the Specialty Treasury Payments & Services program. Management confirmed that the program is nearing full deployment, with full operational status expected by the end of the year, late 2025. This is viewed as a high-value investment intended to drive sustainable revenue growth and expand the core deposit base. The successful execution of this program is a key catalyst management is watching.

Finance: draft 13-week cash view by Friday.