CNB Financial Corporation, incorporated on September 12, 1983, is a financial holding company. The Company is the holding company of CNB Bank (the Bank); CNB Securities Corporation, which maintains investments in debt and equity securities; CNB Insurance Agency, which provides for the sale of nonproprietary annuities and other insurance products, and Holiday Financial Services Corporation, which offers small balance unsecured loans and secured loans, primarily collateralized by automobiles and equipment. The Bank is chartered in the Commonwealth of Pennsylvania. As of December 31, 2016, the Bank had 42 full service branch offices and one loan production office located in various communities in its market area. The Bank's primary market area includes the Pennsylvania counties of Blair, Cambria, Cameron, Centre, Clearfield, Crawford, Elk, Indiana, Jefferson, and McKean. The Bank is a full service bank engaging in a range of banking activities and services for individual, business, governmental and institutional customers. The Bank's Wealth & Asset Management Services division offers a range of client services.
Lending Activities
The Bank's loan portfolio includes commercial loans, industrial loans and agricultural loans; commercial mortgages; residential real estate loans; consumer loans; credit cards, and overdrafts. As of December 31, 2016, the Bank's total loans amounted to $1.87 billion.
Investment Activities
The Company's investment activities include its investment securities. As of December 31, 2016, the Company's securities available for sale included the United States Government sponsored entities; State and political subdivisions; Residential and multi-family mortgage; Corporate notes and bonds; Pooled trust preferred; Pooled Small Business Administration (SBA), and other equity securities. As of December 31, 2016, the Company's investment securities available for sale had a total fair value of $495.84 million.
Sources of Funds
The Bank's primary source of funding is retail deposits. The Bank's deposits include Demand, Non interest bearing; Demand, Interest bearing; Savings deposits, and Time deposits. As of December 31, 2016, the Company's total deposits amounted to $2.02 billion.
1 S Second St
The company trades on NASDAQ exchange. The company headquarter is located in Pennsylvania, PA. The company was established in the 1865.| Ticker | CCNE |
| Long Name | CNB Financial Corporation |
| Short Name | CNB Financial |