CNB Financial Corporation is a financial holding company for County National Bank (the Bank), a national banking institution. In general, the Company is limited to owning or controlling banks and engaging in such other related activities. It is engaged in two non-banking activities through its wholly owned subsidiaries, CNB Investment Corporation and County Reinsurance Company. CNB Investment was formed to hold and manage investments that were previously owned by County National Bank and CNB Financial, as well as to provide the latter with additional latitude to purchase other investments. County Reinsurance Company provides accidental death and disability and life insurance as a part of the Banks lending relationships.