Company: CCNE
Filing Date: 2025-04-15
Form Type: 425
Source: 0001193125-25-080836
Chunk: 10

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-04-15
Form: 425
Chunk 10
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 % 3.40 % -1.7 % -0.6 % (1) Net Interest Margin (fully tax equivalent basis) 3.37 % 3. 43 % 3.38 % -1.7 % -0.3 % Return on Average Assets 0. 75 % 0.98 % 0. 88 % -23.5 % -14.8 % (1) Adjusted Return on Average Assets 0.85 % 0.98 % 0.88 % -13.3 % -3.4 % Return on Average Equity 7. 52 % 9. 79 % 8. 79 % -23.2 % -14.4 % (1) Adjusted Return on Average Equity 8.49 % 9. 79 % 8. 79 % -13.3 % -3.4 % Efficiency Ratio 72. 07 % 63.68 % 69. 08 % 13.2 % 4.3 % (1) Efficiency Ratio (fully tax equivalent basis) 71.28 % 63. 02 % 68. 29 % 13.1 % 4.4 % (1) Adjusted Efficiency Ratio (fully tax equivalent basis) 68. 62 % 63. 02 % 68.29 % 8.9 % 0.5 % (1) Adjusted Net Income Available to Common Stockholders, Adjusted Diluted Earnings per Common Share, Net Interest Margin (fully tax equivalent basis), Adjusted Return on Average Assets, Adjusted Return on Average Equity, Efficiency Ratio (fully tax equivalent basis), and Adjusted Efficiency Ratio 13 (fully tax equivalent basis) are non-GAAP financial measures – see Appendix for reconciliations. Performance ratios are annualized

LIQUIDITY PROFILE § At March 31, 2025, the total estimated uninsured deposits for CNB Bank were approximately $1.6 billion, or approximately 27.94% of total CNB Bank deposits. However, when excluding $101.9 million of affiliate company deposits and $481.2 million of pledged-investment collateralized deposits, the adjusted amount and percentage of total estimated uninsured deposits was approximately $971.1 million, or approximately 17.46% of total CNB Bank deposits as of March 31, 2025. § At March 31, 2025, the Corporation had $447.1