Company: CCNE
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000736772-25-000169
Chunk: 1

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 1
---
,722 84,570 Operating lease liabilities39,804 40,315 Accrued interest payable and other liabilities68,968 64,446 Total liabilities5,681,196 5,581,315 Commitments and contingent liabilitiesPreferred stock, Series A non-cumulative perpetual, $0 par value; $1,000 liquidation preference; shares authorized 60,375;Shares issued 60,375 at June 30, 2025 and December 31, 202457,785 57,785 Common stock, no par value; 50,000,000 shares authorized;Shares issued 21,235,503 at June 30, 2025 and 21,235,503 at December 31, 2024— — Additional paid in capital218,375 219,876 Retained earnings397,004 381,296 Treasury stock, at cost (115,609 shares at June 30, 2025 and 247,511 shares December 31, 2024)(2,420)(4,689)Accumulated other comprehensive loss(33,463)(43,573)Total shareholders' equity637,281 610,695 Total Liabilities and Shareholders' Equity$6,318,477 $6,192,010 

See Notes to Condensed Consolidated Financial Statements

1

Table of Contents

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited)

Dollars in thousands, except per share data

Three Months Ended June 30,Six Months Ended June 30, 2025202420252024INTEREST AND DIVIDEND INCOME:Loans receivable including feesInterest and fees on loans receivable$75,408 $72,142 $147,787 $143,655 Securities:Taxable10,118 8,262 19,863 14,398 Tax-exempt149 156 305 323 Dividends96 92 195 181 Total interest and dividend income85,771 80,652 168,150 158,557 INTEREST EXPENSE:Deposits32,276 33,794 64,910 65,342 Borrowed funds and finance lease liabilities222 3 458 6 Subordinated notes and debentures1,076 1,138 2,154 2,270 Total