Company: CCNE
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0000736772-25-000087
Chunk: 3

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 1
Chunk 3
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 $(1,841) and $332, respectively6,924 (1,249)Amortization of unrealized losses from held-to-maturity securities, net of tax of $(37) and $(33), respectively137 124 7,061 (1,125)Other comprehensive income (loss)7,061 (1,125)COMPREHENSIVE INCOME$18,542 $11,475 

See Notes to Condensed Consolidated Financial Statements

3

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (unaudited)

Dollars in thousands, except share and per share data

PreferredStockAdditionalPaid-InCapitalRetainedEarningsTreasuryStockAccumulatedOtherComprehensiveLossTotalShare-holders’EquityBalance, January 1, 2025$57,785 $219,876 $381,296 $(4,689)$(43,573)$610,695 Net income11,481 11,481 Other comprehensive income7,061 7,061 Forfeiture of restricted stock award grants (3,558 shares)90 (90)— Performance based restricted stock award grants (8,916 shares)(167)167 — Stock-based compensation expense455 455 Purchase of treasury stock for the purpose of tax withholding related to restricted stock award vesting (11,145 shares)(282)(282)Purchase of treasury stock for the purpose of tax withholding related to performance based restricted stock award vesting (1,960 shares)(50)(50)Preferred cash dividend declared(1,075)(1,075)Cash dividends declared ($0.180 per common share)(3,777)(3,777)Balance, March 31, 2025$57,785 $220,254 $387,925 $(4,944)$(36,512)$624,508 Balance, January 1, 2024$57,785 $220,495 $345,935 $(6,890)$(46,078)$571,247 Net income12,600 12,600 Other comprehensive loss(1,125)(1,125)Forfeiture of restricted stock award grants (2,443 shares)50 (50)— Restricted stock award grants (130,857 shares)(3,025)3,025 — Performance based restricted stock award grants (9,667 shares)(179