CNB Bank

Headquarters

One South Second Street
Clearfield, PA 16830
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 0.91% →
1-Year CD 0.38% 1.01% →
2-Year CD 0.49% 0.95% →
5-Year CD 1.00% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

CNB Bank is an FDIC insured institution located in Clearfield, PA. It was founded in 1934 and has approximately $3.75 billion in assets. Customers can open an account at one of its 45 branches.

FDIC Insured Yes
FDIC Certificate # 13876
Date Established 1934
Assets $ 3.75 billion
Loans $ 2.83 billion
Deposits $ 3.10 billion
Capital $ 372.11 million
 

For a more detailed analysis of CNB Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 31, 2020

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Savings
0.17% $2,500 $4,999 Learn More
Savings
0.20% $2,500 $4,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.15% $10,000 $14,999 Learn More
3 Mo CD
0.15% $100,000 $199,999 Learn More
6 Mo CD
0.22% $10,000 $14,999 Learn More
6 Mo CD
0.22% $100,000 $199,999 Learn More
12 Mo CD
0.38% $10,000 $14,999 Learn More
12 Mo CD
0.38% $100,000 $199,999 Learn More
18 Mo CD
0.43% $10,000 $14,999 Learn More
18 Mo CD
0.43% $100,000 $199,999 Learn More
24 Mo CD
0.49% $10,000 $14,999 Learn More
24 Mo CD
0.49% $100,000 $199,999 Learn More
30 Mo CD
0.55% $10,000 $14,999 Learn More
30 Mo CD
0.55% $100,000 $199,999 Learn More
36 Mo CD
0.61% $10,000 $14,999 Learn More
36 Mo CD
0.61% $100,000 $199,999 Learn More
48 Mo CD
1.00% $10,000 $14,999 Learn More
48 Mo CD
1.00% $100,000 $199,999 Learn More
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
1.00% $100,000 $199,999 Learn More

Variable IRA Rates APY MIN MAX
Var IRA
0.20% $1 $499 Learn MoreShow Less
Var IRA
0.24% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $99 Learn MoreShow Less
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 31, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for CNB Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Cascadia Mortgage
NMLS ID: 1505422
License#: NMLS #1505422
2.602% 2.500% 0.88 $3,378 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
First Internet Bank
NMLS ID: 424182
2.562% 2.500% 0.88 $2,040 $988 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to CNB Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

CNB Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Seattle,Washington


CNB Bank Locations


Financial Details

CNB Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of CNB Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
CNB Bank U.S. Bank Average
8.39% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, CNB Bank had $31,262,000 in non-current loans and $1,646,000 in owned real estate. To cover these potential losses it had $372,112,000 in equity and $20,178,000 in loans loss reserves. That gives it a Texas Ratio of 8.39%.

Return on Equity
CNB Bank U.S. Bank Average
10.24% 7.80%

CNB Bank has a Return on Equity of 10.24% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
CNB Bank U.S. Bank Average
9.91% 12.68%

CNB Bank has a Capitalization of 9.91% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

CNB Bank Balance Sheet Analysis

As of March 31, 2020, CNB Bank had assets of $3,753,504,000, loans of $2,825,181,000, and deposits of $3,102,491,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 124.25 million
Interest-bearing balances $ 66.37 million
Total securities $ 570.24 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.83 billion
Loan loss allowance $ 20.18 million
Trading account assets $ 2.85 million
Bank premises and fixed assets N.A.
Other real estate owned $ 1.65 million
Goodwill and other intangibles $ 40.26 million
All other assets $ 116.95 million
     Total Assets $ 3.38 billion
LIABILITIES
Total deposits $ 3.10 billion
      Interest-bearing deposits $ 2.72 billion
      Deposits held in domestic offices $ 3.10 billion
      % insured (estimated) 69.37%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 225.72 million
Subordinated debt N.A.
All other liabilities $ 53.18 million
      Total Liabilities $ 3.38 billion
      Shareholders’ Equity $ 372.11 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 39.09 million
Total Interest Expense $ 9.19 million
Net interest income $ 29.90 million
Provision for loan and lease losses $ 2.76 million
Total non interest income $ 5.02 million
Total non interest expense $ 20.97 million
Pre-tax Net Operating Income $ 11.19 million

Bank Loan Profile?

The top three loan types in CNB Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Pennsylvania, CNB Bank has a significantly higher percent of Credit Card Loans, Small Business Loans, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 28.29
Multifamily
Mortgages
7.31
Credit Card Loans 0.31
Consumer Auto Loans 0.96
Small Business Loans 9.34
Construction and Development Loans 6.26
Commercial Real Estate 30.90
Commercial and Industrial Loans 18.47
Farm Loans 0.11

Frequently Asked Questions About Cnb Bank

Branches and Savings

Is Cnb Bank FDIC insured?

Yes. It is covered under FDIC Certificate #13876.

Why does Cnb Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Cnb Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Cnb Bank a commercial bank?

Yes

Where are Cnb Bank locations?

See branch locations nearby.

Is Cnb Bank open on Saturdays?

Is Cnb Bank open on Sundays?

What time does Cnb Bank open?

What time does Cnb Bank close?

Are Cnb Bank ATMs Open 24/7?

Do Cnb Bank ATMs accept cash deposits?

Can Cnb Bank customers use other ATMs?

Do Cnb Bank branches have notaries?

Will Cnb Bank notarize my document?

What address for Cnb Bank should I put for incoming ACH transfers?

Will the Cnb Bank branch print checks?

Do Cnb Bank checks expire?

Does Cnb Bank require US citizenship to open account?

Can Cnb Bank close my account?

Does Cnb Bank Report to credit bureaus?

Does Cnb Bank Use Equifax?

What is Cnb Bank's ACH Routing Number?

What is Cnb Bank's SWIFT code?

Products

Does Cnb Bank offer mortgages?

Compare mortgage rates here.

Does Cnb Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Cnb Bank offer personal loans?

Compare personal loan rates here.

Does Cnb Bank offer student loans?

Will Cnb Bank cash a check?

Will Cnb Bank redeem a savings bond?

Does Cnb Bank cash savings bonds?

Will Cnb Bank cash money orders?

Can Cnb Bank issue a money order?

Does Cnb Bank do currency exchange?

Background on The Bank

Who owns Cnb Bank?

How long has Cnb Bank been around?

Can Cnb Bank transfer to other banks?

Does Cnb Bank have quick pay?

Does Cnb Bank accept rolled coins?

Will Cnb Bank accept loose change?

Where is Cnb Bank headquarters?

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