CB Bancshares Inc. is a bank holding company that has the flexibility to directly or indirectly engage in certain bank-related activities other than banking. The Company has three wholly owned subsidiaries, City Bank, Datatronix Financial Services, Inc. and O.R.E., Inc., which is inactive. City Bank is a state-chartered bank that provides full commercial banking services, including receiving demand, savings and time deposits; making commercial, real estate and consumer loans; financing leases; financing international trade activities; issuing letters of credit; handling domestic and foreign collections; selling travelers checks and bank money orders, and renting safe deposit boxes. Datatronix offers item processing services to banks, thrifts, credit unions and other financial institutions in Hawaii and California.