News Release
Midlothian, Virginia, February 3, 2026: CBB Financial Corp. reported net income of $94,000 for the three-month period ended December 31, 2025, compared to net income of $62,000 for the three-month period ended September 30, 2025. Net income of $249,000 was recorded for the twelve-month period
ended December 31, 2025, compared to net income of $228,000 for the same period ended December 31, 2024. CBB and CBBFC report on a consolidated basis.
The Company finished 2025 with solid financial performance. Highlights include:
a. Loan payoffs in 2025 resulted in loan balances falling 14%. However, the extra liquidity
helped pay down high-cost borrowings and keep net interest income flat year over year.
b. As expected, non-interest income decreased related to some one-time payments in 2024. However,
we saw increases in underlying revenue related to investment services and other correspondent
services.
c. Continued focus on managing expenses resulted in a 7% decrease in non-interest expense year
over year.
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 15.26% at December
31, 2025, compared to 13.46% at December 31, 2024.
Gary R. Shook, President and Chief Executive Officer of CBB Financial Corp. and Community Bankers’
Bank, commented, “We are extremely pleased with CBB’s performance in 2025. As a community bank
owned cooperative facing economic head winds of higher interest rates and tepid loan opportunities, CBB continued to increase year over year net income. Leading the income growth was CBB’s
partnership with FBBS Securities, a bankers’ bank owned brokerage focused on the investment portfolio needs of community banks. We anticipate the relationship with FBBS Securities to continue
its growth in 2026. Additionally, CBB’s lending team continues to widen the net of both buyers and sellers of participation loans in the Fed’s 5ᵗʰ district and contagious markets. Our lending
partnerships with community bank shareholders and clients focus on portfolio diversification along additional support on document monitoring and underwriting updates for the duration of the credit facilities. Finally, the CBB Board and
employee team are laser focused on the growth and prosperity of community banks. We exist to solely serve our shareholders and clients and welcome any community banks to join us for a better
partnership experience.”
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