CB Financial Services, Inc. filed its quarterly report on Form 10-Q for the period ended September 30, 2026, with the SEC on November 9, 2026, reporting net income of $5,327 thousand for the third quarter and total assets of $1,627,963 thousand.

Key Highlights

  • Net income of $5,327 thousand for the three months ended September 30, 2026, compared to a net loss of $5,696 thousand in the same period of 2025, according to the filing.
  • Nine-month net income of $13,497 thousand for the period ended September 30, 2026, versus $164 thousand for the nine months ended September 30, 2025.
  • Total assets of $1,627,963 thousand as of September 30, 2026, up from $1,547,693 thousand at December 31, 2025.
  • Net interest and dividend income of $14,998 thousand for Q3 2026, compared to $13,099 thousand for Q3 2025.
  • Basic earnings per share of $1.05 for the third quarter of 2026, versus a basic loss per share of $1.14 in Q3 2025.
  • Total deposits of $1,340,904 thousand at September 30, 2026, with brokered deposits declining to $10,000 thousand from $98,500 thousand at December 31, 2025.
  • Shares outstanding of 5,095,773 as of November 5, 2026, the filing disclosed.

CB Financial Services Third-Quarter 2026 Financial Condition and Results

According to the Form 10-Q filed for the quarterly period ended September 30, 2026, CB Financial Services (NASDAQ:CBFV) reported total interest and dividend income of $21,593 thousand for the third quarter of 2026, up from $19,341 thousand in Q3 2025. Total interest expense for the same period was $6,595 thousand, compared to $6,242 thousand a year earlier, yielding net interest and dividend income of $14,998 thousand for Q3 2026 versus $13,099 thousand for Q3 2025. For the nine months ended September 30, 2026, net interest and dividend income reached $43,405 thousand, compared to $36,949 thousand in the prior-year period.

The filing reported that total noninterest income was $1,021 thousand for Q3 2026, recovering from a noninterest loss of $10,677 thousand in Q3 2025, which the filing attributed in part to a net loss on investment securities of $11,752 thousand in that prior-year quarter. For Q3 2026, the net loss on investment securities was $35 thousand. Total noninterest expense for the quarter was $10,264 thousand, up from $9,183 thousand in Q3 2025, with salaries and employee benefits rising to $5,851 thousand from $5,247 thousand and data processing costs increasing to $1,053 thousand from $708 thousand.

On the balance sheet, the filing reported available-for-sale debt securities at fair value of $343,124 thousand as of September 30, 2026, up from $278,986 thousand at December 31, 2025. Net loans stood at $1,151,889 thousand, essentially flat compared to $1,152,144 thousand at year-end 2025. Short-term borrowings of $79,000 thousand appeared on the September 30, 2026 balance sheet, compared to none at December 31, 2025. Accumulated other comprehensive loss widened to $15,310 thousand from $3,412 thousand over the same period, reflecting a change in unrealized losses on available-for-sale debt securities. Total stockholders' equity was $155,973 thousand at September 30, 2026, compared to $157,537 thousand at December 31, 2025. A dividend of $0.28 per share was paid during Q3 2026, the filing noted.

What Was Disclosed

CB Financial Services filed its unaudited Form 10-Q for Q3 2026, disclosing a return to quarterly profitability with net income of $5,327 thousand, total assets of $1,627,963 thousand, and shifts in the balance sheet including a significant reduction in brokered deposits and increased short-term borrowings.