secwatch.observer — SEC 8-K summary
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Issuer:     CB Financial Services, Inc. (CBFV)
CIK:        0001605301
Form:       8-K
Filed at:   2021-12-10T23:59:59+00:00
Accession:  0001605301-21-000063
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CB Financial Services issues $15M 3.875% subordinated notes due 2031, floating after 2026
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- Issued $15M aggregate principal of 3.875% Fixed-to-Floating Rate Subordinated Notes due Dec 15, 2031.
- Fixed rate of 3.875% until Dec 15, 2026; thereafter floating at 3M SOFR plus 280 bps, paid quarterly.
- Notes are subordinated, unsecured, and qualify as Tier 2 capital for regulatory purposes.
- Proceeds for general corporate use, including potential share repurchases.
- Company may redeem notes at par on or after Dec 15, 2026; placement agent was D.A. Davidson & Co.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1605301/000160530121000063/0001605301-21-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1605301/000160530121000063/cbfv-20211209.htm
  HTML page:      https://secwatch.observer/filing/0001605301-21-000063

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