Clearfield Bank & Trust Company, Financial Information

About Clearfield Bank & Trust Company

 Address:
11 North Second Street
Clearfield, PA
Clearfield County, Pennsylvania
 Established:
Jan 1902
 Number of domestic offices:
13
Total assets$418M
Net income$3M
Net income, quarterly$1M
Total deposits$357M
Domestic deposits$357M
Equity capital$51M
ROA0.83%
ROAQ, quarterly0.51%
ROA, pretax0.51%
ROAQ, quarterly, pretax0.62%
ROE6.73%
ROEQ, quarterly4.18%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Clearfield Bank & Trust Company is an independent community bank. A charter was granted on December 17, 1901 to establish “The Clearfield Trust Company” which opened for business in the old opera house property on Market Street on January 15, 1902. The Farmers and Traders National Bank was acquired by the Clearfield Trust Company on October 1, 1911 and in 1931, the Karthaus State Bank was purchased.

In September 1974, the Philipsburg Office was opened, expanding Clearfield Bank & Trust Company’s market into Centre County. The bank’s fourth office was opened in Curwensville in January 1980 and expansion to customers in Jefferson and Elk Counties became available with the opening of the fifth branch in DuBois in September 1988. The bank’s sixth location opened in March 1997 with the acquisition of the Goldenrod Office located near the Clearfield Mall. A holding company, CBT Financial Corp., was formed in February 2003 to serve as a platform for future growth.

Clearfield Bank & Trust Company opened its seventh full-service location in June 2005 with the acquisition of the Pine Grove Mills office located near State College. On November 11, 2005, Clearfield Bank & Trust Company successfully completed the acquisition of six new offices located in Huntingdon, Mount Union, Saxton, Three Springs and Williamsburg.

Clearfield Bank & Trust, a wholly owned subsidiary of CBT Financial Corp, headquartered in Clearfield, Pennsylvania, operates 13 community offices throughout Bedford, Blair, Centre, Clearfield and Huntingdon Counties. For consumer and businesses, the Bank provides a variety of deposit accounts, affordable loans, online banking, trust & investment services.

Main Office
11 North Second Street
PO BOX 171
Clearfield, PA 16830

Bridge Street Office
204 Bridge St.
Clearfield, PA 16830

Goldenrod Office
1935 Daisy Street
Clearfield, PA 16830

Philipsburg Office
19 Irwin Drive Extension
Philipsburg, PA 16866

Curwensville Office
407 Walnut Street
Curwensville, PA 16833

DuBois Office
91 Beaver Drive
DuBois, PA 15801

Pine Grove Mills Office
511 Pine Grove Road
State College, PA 16801

Huntingdon Plaza Office
7571 Huntingdon Plaza
Huntingdon, PA 16652

Huntingdon Downtown Office
500 Penn Street
Huntingdon, PA 16652

Mount Union Office
16 W Shirley Street
Mount Union, PA 17066

Saxton Office
729 Main Street
Saxton, PA 16678

Three Springs Office
8384 Ashman Street
Three Springs, PA 17264

Williamsburg Office
101 High Street
Williamsburg, PA 16693

Morrisons Cove Office
2287 Curryville Road
PO BOX 270
Martinsburg, PA 16662