b'CNB FINANCIAL SERVICES, INC.AND SUBSIDIARYCONSOLIDATED STATEMENTS OF FINANCIAL CONDITIONDECEMBER 31, 2019 AND 2018ASSETS 2019 2018Cash and due from banks $10,275,600 $6,925,658Federal funds sold 5,650,000-Securities available for sale (at approximate market value) 58,577,999 63,977,136Federal Home Loan Bank (FHLB) stock, at cost624,000 1,340,400Loans and leases receivable, net 315,921,403 300,889,279Lease purchase agreement 1,000,000 1,000,000Accrued interest receivable 1,170,305 1,201,565Foreclosed real estate (held for sale), net 2,666,812191,070Premises and equipment, net 6,939,057 5,591,051Right of use asset 2,232,107-Deferred income taxes 1,057,253 1,636,105Cash surrender value of life insurance 7,297,855 6,414,256Other assets 3,765,628 1,925,621 TOTAL ASSETS $417,178,019 $391,092,141 LIABILITIES AND SHAREHOLDERS EQUITYLIABILITIESDeposits:Demand $87,409,285 $84,428,497Interest-bearing demand 100,680,433 82,430,467Savings 56,646,257 55,023,821Time deposits 116,324,489 102,105,812$361,060,464 $323,988,597Accrued interest payable260,247265,442FHLB borrowings10,500,000 26,800,000Lease liability 2,248,132-Accrued expenses and other liabilities 7,486,533 6,986,223 TOTAL LIABILITIES $381,555,376 $358,040,262SHAREHOLDERS EQUITY Common stock, $1 par value; 5,000,000sharesauthorized; 444,976 shares issued at December 31, 2019 and 2018, with 397,352 and 398,465 outstanding at December 31, 2019 and 2018, respectively $ 444,976 $ 444,976 Class A Common stock, $1 par value; 5,000,000 shares authorized; 13,072 shares issued at December 31, 2019 and 2018, with 10,355 and 10,501 shares outstanding atDecember 31, 2019 and 2018, respectively13,07213,072Capital surplus 4,163,592 4,163,592Retained earnings 37,127,890 35,198,668Accumulated other comprehensive (loss)(3,467,618)(4,174,569)$38,281,912 $35,645,739 Less treasury stock, at cost, 47,624 common shares and 2,717 Class Acommon shares in 2019 and 46,511 common shares and 2,571 Class A common shares in 2018(2,659,269)(2,593,860) TOTAL SHAREHOLDERS EQUITY $35,622,643 $33,051,879 TOTAL LIABILITIES AND SHAREHOLDERS EQUITY $417,178,019 $391,092,141The Notes to Consolidated Financial Statements are an integral part of these statements.2'