CARMICHAELS, Pa. (AP) — CARMICHAELS, Pa. (AP) — CB Financial Services Inc. (CBFV) on Tuesday reported net income of $4.7 million in its fourth quarter.
The bank, based in Carmichaels, Pennsylvania, said it had earnings of 89 cents per share. Earnings, adjusted for non-recurring gains, were 72 cents per share.
The holding company for Pennsylvania-based Community Bank posted revenue of $21.7 million in the period. Its revenue net of interest expense was $15.6 million, which beat Street forecasts.
For the year, the company reported profit of $4.9 million, or 92 cents per share. Revenue was reported as $55.4 million.
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