Community Bank, Financial Information

About Community Bank

 Address:
100 Market Street
Carmichaels, PA
Greene County, Pennsylvania
 Established:
Jul 1901
 Number of domestic offices:
26
Total assets$1,414M
Net income$-10M
Net income, quarterly$3M
Total deposits$1,228M
Domestic deposits$1,228M
Equity capital$129M
ROA-0.76%
ROAQ, quarterly0.84%
ROA, pretax0.84%
ROAQ, quarterly, pretax0.99%
ROE-7.56%
ROEQ, quarterly9.17%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Community Bank is celebrating its centennial anniversary, an exceptional accomplishment in corner of the Commonwealth. In the midst of the 21st century economic and technological whirlwind, Community Bank has remained a corner stone in communities and the banking industry.

With the increased usage of electronic payment and credit methods utilized by consumers on the internet and elsewhere, Community Bank established a game-changing deposit account: Cash Cow Checking. In keeping with many Americans “going green,” one of the highlighted feature benefits of Cash Cow Checking is banks “Going Green” initiative requiring an e’Statement through Internet Banking.

2003 saw a Texas based company begin drilling into a vast natural gas reservoir below most of Pennsylvania. In the following years, the Marcellus Shale became more nationally known and universally important. By 2008, major energy and drilling industry companies began developing the Marcellus shale and establishing corporate offices in Southwestern Pennsylvania, thus earning Washington County the title "The Energy Capital of the East."

In 2008, Community Bank launched the Tri County Oil & Gas Expo, bringing local residents together with businesses involved in the Marcellus development industry. Since then, the Oil & Gas Expo has grown to include thousands of participants over several expos, including a Job Expo, a Business to Business Expo, and a Safety and Education Summit.

Over the last 10 years, Community Bank watched its stock rise from under $13 per share to hovering at $19 per share. 2010 has been Community Bank’s most successful year to date, with reported total assets of $497,260,352 – more than double Community Bank’s assets in 2000.

Carmichaels
100 N. Market Street
Carmichaels, PA 15320
Phone: 724-966-5041
Fax: 724-966-7867

Greene Plaza
100 Miller Lane
Waynesburg, PA 15370
Phone: 724-627-3134
Fax: 724-852-3121

Greensboro
1993 S. Eighty Eight Rd
Greensboro, PA 15338
Phone: 724-943-3581
Fax: 724-943-4882

Pioneer (Rogersville)
3241 W. Roy Furman Hwy
Rogersville, PA 15359
Phone: 724-499-5136
Fax: 724-499-5747

Waynesburg
30 West Greene Street
Waynesburg, PA 15370
Phone: 724-852-1715
Fax: 724-627-3289

Claysville
200 Main Street
Claysville, PA 15323
Phone: 724-663-7723
Fax: 724-663-7760

McMurray
Waterdam Centre
4139 Washington Road
McMurray, PA 15317
Phone: 724-941-9030
Fax: 724-941-8024

Southpointe
325 Southpointe Blvd.
Suite 100
Canonsburg, PA 15317
Phone: 724-743-0700
Fax: 724-743-0326

Washington
65 West Chestnut Street
Washington, PA 15301
Phone: 724-225-5300
Fax: 724-225-7203

Brookline
714 Brookline Blvd.
Pittsburgh, PA 15226
Phone: 412-531-9677
Fax: 412-531-7813