CNB Bank, Financial Information

AboutCNB Bank

 Address:
1 S 2nd St
Clearfield,PA
Clearfield County,Pennsylvania
 Established:
Jan 1934
 Number of domestic offices:
46
Total assets$4,709M
Net income$35M
Net income,quarterly$8M
Total deposits$4,192M
Domestic deposits$4,192M
Equity capital$453M
ROA0.82%
ROAQ,quarterly0.68%
ROA,pretax0.68%
ROAQ,quarterly,pretax0.85%
ROE8.76%
ROEQ,quarterly7.13%
UpdatedMay 20, 2021

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.

The County National Bank of Clearfield was founded by a group of citizens from Clearfield on February 5, 1865. The law authorizing the organization of national banks was passed during President Lincoln's administration and had been in effect for less than two years.

In March of 1984, County National Bank reorganized and became a wholly owned subsidiary of CNB Financial Corporation. This arrangement allowed shareholders to expand the financial services beyond those the bank itself was permitted to offer under current regulations.

In October, 2005, a new bank named ERIEBANK was formed in Erie, Pennsylvania. Operating as a division of County National Bank, the new organization opened a Loan Production Office at 1001 State Street in downtown Erie.

On November 7, 2005, CNB Financial Corporation purchased the performing loans of Holiday Consumer Discount Company and formed the Holiday Financial Services Corporation, a wholly owned subsidiary of CNB Financial Corporation. Housed in Sidman, PA, the corporation offers its customers both secured and unsecured consumer loans, sales finance products and associated credit insurance products.

County National Bank converted from a national banking charter to a state banking charter on December 29, 2006, officially changing its name to CNB Bank.

CNB Financial Corporation provides a full range of banking activities and services for individual, business, governmental and institutional customers through its wholly owned subsidiary, CNB Bank. 21 full-service offices and one Loan Production Office operate as CNB Bank throughout northwestern PA, while 5 full-service offices operate as ERIEBANK in Erie, Harborcreek and Meadville, PA. Holiday Financial Services has grown to 8 offices centrally located in the CNB Bank and ERIEBANK market areas.

Main Office
PO Box 42
31 S. Second St.
Clearfield, PA 16830
Ph: 814-765-9621
Fax: 814-765-4511

Old Town Rd Office
1231 S. Second St.
Clearfield, PA 16830
Ph: (814)765-2817
Fax: (814)765-6046

Industrial Park Rd Office
101 Industrial Park Rd.
Clearfield, PA 16830
Phone: (814)765-1660
Fax: (814)768-1094

DuBois Mall Office
Rt. 255, beside the DuBois Mall
R1574 Bee Line Hwy.
DuBois, PA 15801
Phone: (814)375-6800
Fax: (814)375-6812

Karthaus Office
PO Box 85
3602 Main St.
Karthaus, PA 16845
Phone: (814)263-4811
Fax: (814)263-4446

Kylertown Office
111 Rolling Stone Road
Mountain View Shopping Center
Kylertown, PA 16847
Phone: (814)345-1130
Fax: (814)345-1133

Houtzdale Office
485 Spring St.
Houtzdale, PA 16651
Phone: (814)378-2000
Fax: (814)378-5099

Madera Office
PO Box 536
3046 Main Street
Madera, PA 16661
Phone: (814)378-8641
Fax: (814)378-7145

Osceola Mills Office
PO Box 6
611 Lingle Street
Osceola Mills, PA 16666
Phone: (814)339-6681
Fax: (814)339-7414

Plaza Office
25 Irwin Dr.
Rt. 322
Philipsburg, PA 16866
Phone: (814)342-1000
Fax: (814)342-5837

Presqueisle St Office
117 E. Presqueisle St.
Philipsburg, PA 16866
Phone: (814)342-4000
Fax: (814)342-0870

Northern Cambria Office
PO Box 579
1808 Bigler Avenue
Northern Cambria, PA 15714
Phone: (814) 948-6410
Fax: (814) 948-6423

Bradford Office
1001 East Main St.
Bradford, PA 16701
Phone: (814)362-5000
Fax: (814)362-5578

Bradford Main St. Office
12 Chambers St.
Bradford, PA 16701
Phone: (814)368-3101
Fax: (814)368-3116

Kane Office
87 Fraley St.
Kane, PA 16735
Phone: (814)837-7300
Fax: (814)837-7394

Johnsonburg Office
601 Market St.
Johnsonburg, PA 15845
Phone: (814)965-2596
Fax: (814)965-2973

Ridgway Office
2070 Court St.
Ridgway, PA 15853
Phone: (814)776-6147
Fax: (814)772-6075

Fox Township Office
Route #255
1104 Million Dollar Hwy.
St. Marys, PA 15857
Phone: (814)834-1661
Fax: (814)834-1663

Washington St. Office
133 Washington St.
St. Marys, PA 15857
Phone: (814)834-1600
Fax: (814)834-1614

Indiana Office
The Atrium, Suite 100
665 Philadelphia Street
Indiana, PA 15701
Phone: (724)471-2175
Fax: (724)471-2177

Punxsutawney Office
559 W. Mahoning St.
Punxsutawney, PA 15767
Phone: (814)938-2615
Fax: (814)938-2620