Segment and Related Information (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following is a table of selected financial data for the Company’s subsidiaries and consolidated results at the dates and for the periods indicated.

	Community Bank		Exchange Underwriters, Inc.		CB Financial Services, Inc.		Net Eliminations		Consolidated
(Dollars in thousands)
September 30, 2020
Assets	$	1,392,537	$	4,408	$	133,314	$	(137,383)	$	1,392,876
Liabilities	1,264,864		1,701		15		(7,003)		1,259,577
Stockholders' equity	127,673		2,707		133,299		(130,380)		133,299
December 31, 2019
Assets	$	1,321,001	$	4,076	$	151,124	$	(154,664)	$	1,321,537
Liabilities	1,178,759		1,194		27		(9,540)		1,170,440
Stockholders' equity	142,242		2,882		151,097		(145,124)		151,097
Three Months Ended September 30, 2020
Interest and dividend income	$	11,639	$	1	$	1,310	$	(1,294)	$	11,656
Interest expense	1,240		—		—		—		1,240
Net interest and dividend income	10,399		1		1,310		(1,294)		10,416
Provision for loan losses	1,200		—		—		—		1,200
Net interest and dividend income after provision for loan losses	9,199		1		1,310		(1,294)		9,216
Noninterest income	1,208		1,024		(59)		—		2,173
Noninterest expense	28,046		919		3		—		28,968
Undistributed net income (loss) of subsidiary	73		—		(18,694)		18,621		—
(Loss) income before income tax (benefit) expense	(17,566)		106		(17,446)		17,327		(17,579)
Income tax (benefit) expense	(166)		33		(51)		—		(184)
Net (loss) income	$	(17,400)	$	73	$	(17,395)	$	17,327	$	(17,395)
Nine Months Ended September 30, 2020
Interest and dividend income	$	35,664	$	3	$	2,634	$	(2,589)	$	35,712
Interest expense	4,442		—		—		—		4,442
Net interest income	31,222		3		2,634		(2,589)		31,270
Provision for loan losses	4,000		—		—		—		4,000
Net interest and dividend income after provision for loan losses	27,222		3		2,634		(2,589)		27,270
Noninterest income (loss)	3,760		3,426		(493)		—		6,693
Noninterest expense	44,227		2,806		9		—		47,042
Undistributed net (loss) income of subsidiary	433		—		(15,991)		15,558		—
(Loss) income before income tax expense (benefit)	(12,812)		623		(13,859)		12,969		(13,079)
Income tax expense (benefit)	590		190		(140)		—		640
Net (loss) income	$	(13,402)	$	433	$	(13,719)	$	12,969	$	(13,719)

	Community Bank		Exchange Underwriters, Inc.		CB Financial Services, Inc.		Net Eliminations		Consolidated
(Dollars in thousands)
Three Months Ended September 30, 2019
Interest and dividend income	$	13,083	$	1	$	1,318	$	(1,304)	$	13,098
Interest expense	2,002		—		—		—		2,002
Net interest and dividend income	11,081		1		1,318		(1,304)		11,096
Provision for loan losses	175		—		—		—		175
Net interest and dividend income after provision for loan losses	10,906		1		1,318		(1,304)		10,921
Noninterest income (loss)	1,018		984		(36)		—		1,966
Noninterest expense	7,401		853		3		—		8,257
Undistributed net income of subsidiary	90		—		2,463		(2,553)		—
Income before income tax expense (benefit)	4,613		132		3,742		(3,857)		4,630
Income tax expense (benefit)	846		42		(4)		—		884
Net income	$	3,767	$	90	$	3,746	$	(3,857)	$	3,746
Nine Months Ended September 30, 2019
Interest and dividend income	$	38,018	$	2	$	3,955	$	(3,912)	$	38,063
Interest expense	5,828		—		—		—		5,828
Net interest and dividend income	32,190		2		3,955		(3,912)		32,235
Provision for loan losses	550		—		—		—		550
Net interest and dividend income after provision for loan losses	31,640		2		3,955		(3,912)		31,685
Noninterest income	2,966		3,212		67		—		6,245
Noninterest expense	23,209		2,716		9		—		25,934
Undistributed net income of subsidiary	340		—		5,654		(5,994)		—
Income before income tax expense	11,737		498		9,667		(9,906)		11,996
Income tax expense	2,171		158		17		—		2,346
Net income	$	9,566	$	340	$	9,650	$	(9,906)	$	9,650