News Release
Community Bankers’ Bank & CBB Financial Corp.
Announce First Quarter 2026 Operating Results
Midlothian, Virginia, May 14, 2026: CBB Financial Corp. reported net income of $40,000 for the
three-month period ended March 31, 2026, compared to net income of $94,000 for the three-month
period ended December 31, 2025, and net income of $65,000 in the three-month period ended March 31,
2025. CBB and CBBFC report on a consolidated basis.
The Company started 2026 with solid financial performance despite the challenges of persistently
high interest rates and macroeconomic uncertainty. Highlights include:
a. Non-Interest deposits increased 3.7% year to date
b. Solid growth in the loan pipeline
c. Continued focus on Non-Interest Expense helped decrease expenses 1% quarter over quarter and
1% year over year
d. The Bank continues to maintain a strong capital position that exceeds all regulatory
requirements to be classified as “well capitalized,” with a Community Bank Leverage Ratio of 15.57%
at March 31, 2026, compared to 13.92% at March 31, 2025.
Gary R. Shook, President & CEO of Community Bankers’ Bank commented, “We continue to see loan
growth coming from many of our markets, especially in the Carolinas. Additionally, CBB’s Fixed
Income trading business offered through partner FBBS Securities continues to expand throughout the
footprint. Being a community bank owned cooperative, expense control is an extremely important
component of the Income Statement. Management continues its focus on investing in the future while
at the same time keeping expenses and expense growth to a minimum.
June brings along summer weather and convention season. The CBB team will be out and about and look
forward to seeing our bankers.
Finally, please be on the lookout for CBB’s Proxy Statement which you should have already received.
The Annual Meeting of Stockholders will be held virtually on Tuesday, May 19, 2026, at 10:30 am. We
are pleased to have Sally Cline, Retired and former President/CEO of WV Bankers Association and
Commissioner of WV Banking; Becky Foster, COO/CFO of Chesapeake Bank; Travis Delaplain President/CEO of FNB Bank Inc.; and Jeffrey Culver, COO/CFO of Community
Bankers’ Bank standing for election. Please find your Proxy and vote your shares if you have not
already done so.”
For further information, please contact:
Gary R. Shook President & CEO gshook@cbbonline.com 2601 Promenade Pkwy
Midlothian, VA 23113
Phone: 804-256-0530
Fax: 804-378-2856
Or
Jeffrey H. Culver
Executive Vice President, CFO & COO jculver@cbbonline.com
2601 Promenade Pkwy
Midlothian, VA 23113
Phone: 804-494-3739
Fax: 804-378-2856