---
schema_version: "secwatch.filing_event.v1"
accession: "0001605301-25-000005"
form_type: "8-K"
ticker: "CBFV"
cik: "0001605301"
company_name: "CB Financial Services, Inc."
filed_at: "2025-02-05T23:59:59+00:00"
generated_at: "2026-05-27T02:42:32.261813+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CB Financial Services CFO resigns, company reduces workforce by 5%, expects $1.0M charges

## Summary
- CFO Jamie L. Prah resigned effective February 14, 2025; receives gross severance of $558,413.75 and full vesting of 2,260 restricted shares.
- Amanda Engles appointed interim CFO; she joined Community Bank in 2023 and was previously CFO of Emclaire Financial Corp.
- Workforce reduced by seven employees (approx. 5%); one-time pre-tax charges estimated at $1.0 million in Q1 2025.
- Operational changes expected to yield annual pre-tax cost savings of approximately $1.5 million.
- Prah also receives $400,000 life insurance coverage until May 1, 2027 and a $34,365.51 bonus for 2024.

## SEC filing metadata
- accession: 0001605301-25-000005
- form_type: 8-K
- ticker: CBFV
- cik: 0001605301
- company_name: CB Financial Services, Inc.
- filed_at: 2025-02-05T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1605301/000160530125000005/0001605301-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1605301/000160530125000005/cbfv-20250204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001605301-25-000005
- JSON: https://secwatch.observer/filing/0001605301-25-000005.json
- Plain text: https://secwatch.observer/filing/0001605301-25-000005.txt

## Key facts
- Executive change
  Jamie L. Prah resigned as Executive Vice President and Chief Financial Officer at CB Financial Services, Inc..
  - Action: resigned
  - Role: Executive Vice President and Chief Financial Officer
  source text: On February 4, 2025 , Jamie L. Prah voluntarily resigned as Executive Vice President and Chief Financial Officer of CB Financial Services, Inc. (the “Company”) and its subsidiary bank, Community Bank (the “Bank”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1605301/000160530125000005/0001605301-25-000005-index.htm
- Executive change
  Amanda Engles was appointed as Chief Financial Officer at CB Financial Services, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On February 4, 2025 , the Company and the Bank appointed Amanda Engles to serve as Chief Financial Officer on an interim basis.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1605301/000160530125000005/0001605301-25-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.