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Note 19 - Condensed Financial Statements of Parent Company
 12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Condensed Financial Information of Parent Company Only Disclosure [Text Block]
NOTE
19—CONDENSED
FINANCIAL STATEMENTS OF PARENT COMPANY
 
Financial information pertaining only to CB Financial Services, Inc., is as follows:
 
Statement of Financial Condition
 
    (Dollars in thousands)
    December 31,
    2018   2017
ASSETS        
Cash and Due From Banks   $
1,026
     $
692
  
Investment Securities, Available-for-Sale    
1,488
      
1,226
  
Investment in Community Bank    
134,220
      
90,260
  
Other Assets    
892
      
1,276
  
TOTAL ASSETS   $
137,626
     $
93,454
  
                 
LIABILITIES AND STOCKHOLDERS' EQUITY                
Other Liabilities   $
-
     $
198
  
Stockholders Equity    
137,626
      
93,256
  
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY   $
137,626
     $
93,454
  
 
Statement of Income
 
    (Dollars in thousands)
    Years Ended December 31,
    2018   2017
         
Interest and Dividend Income   $
54
     $
41
  
Dividend from Bank Subsidiary    
4,528
      
4,047
  
Noninterest Income    
(50
 )    
207
  
Noninterest Expense    
(880
 )    
(356
 )
Income Before Undistributed Net Income of Subsidiary and Income (Benefit) Taxes    
3,652
      
3,939
  
Undistributed Net Income of Subsidiary    
3,264
      
3,072
  
Income Before Income (Benefit) Taxes    
6,916
      
7,011
  
Income (Benefit) Taxes    
(136
 )    
67
  
NET INCOME   $
7,052
     $
6,944
  
 
 
Statement of Comprehensive Income
 
    (Dollars in thousands)
    Years Ended December 31,
    2018   2017
Net Income   $
7,052
     $
6,944
  
Other Comprehensive (Loss) Income:                
Unrealized Losses on Available-for-Sale Securities Net of Income Benefit Tax of ($11) and ($16), for the Years Ended December 31, 2018 and 2017, Respectively    
(39
 )    
(31
 )
Reclassification Adjustment for Gains on Securities Included in Net Income, Net of Income Tax of $70 for the Year Ended December 31, 2017.
(1)
    
-
      
(137
 )
Other Comprehensive Loss    
(39
 )    
(168
 )
Total Comprehensive Income   $
7,013
     $
6,776
  
 
(
1
)
The gross amount of gains on securities of
$207
for the year ended
December 31, 2017,
are reported as Noninterest Income on the Parent Company Statement of Income. The income tax effect of
$70,
for the year ended
December 31, 2017,
is included in Income Taxes on the Parent Company Statement of Income.
 
Statement of Cash Flows
 
    (Dollars in thousands)
    Years Ended December 31,
    2018   2017
         
OPERATING ACTIVITIES                
Net Income   $
7,052
     $
6,944
  
Αdjustmеnts to Rеconcilе Net Income to Net Cash                
Provided By Operating Activities:                
Undistributed Net Income of Subsidiary    
(3,264
 )    
(3,072
 )
Gain on Sales of Investment Securities    
-
      
(207
 )
Noncash Expense for Stock-Based Compensation    
482
      
361
  
Other, net    
247
      
96
  
NET CASH PROVIDED BY OPERATING ACTIVITIES    
4,517
      
4,122
  
                 
INVESTING ACTIVITIES                
Purchases of Securities    
(204
 )    
(1,058
 )
Proceeds from Sales of Securities    
-
      
1,184
  
Net Cash Received from Acquisition    
802
      
-
  
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES    
598
      
126
  
                 
FINANCING ACTIVITIES                
Cash Dividends Paid    
(4,529
 )    
(3,597
 )
Treasury Stock, Purchases at Cost    
(317
 )    
(10
 )
Stock Award Grant    
(148
 )    
(112
 )
Exercise of Stock Options    
213
      
31
  
NET CASH USED IN FINANCING ACTIVITIES    
(4,781
 )    
(3,688
 )
                 
INCREASE IN CASH AND EQUIVALENTS    
334
      
560
  
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR    
692
      
132
  
CASH AND CASH EQUIVALENTS AT END OF YEAR   $
1,026
     $
692