Company: CCNE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000736772-25-000202
Chunk: 1

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 1
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— Subordinated debentures20,620 20,620 Subordinated notes, net of unamortized issuance costs84,798 84,570 Operating lease liabilities44,127 40,315 Accrued interest payable and other liabilities85,888 64,446 Total liabilities7,410,134 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 September 30, 2025 and December 31, 202457,785 57,785 Common stock, no par value; 50,000,000 shares authorized;Shares issued 29,594,933 at September 30, 2025 and 21,235,503 at December 31, 2024— — Additional paid in capital421,770 219,876 Retained earnings397,667 381,296 Treasury stock, at cost (117,504 shares at September 30, 2025 and 247,511 shares December 31, 2024)(2,476)(4,689)Accumulated other comprehensive loss(30,561)(43,573)Total shareholders' equity844,185 610,695 Total Liabilities and Shareholders' Equity$8,254,319 $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 September 30,Nine Months Ended September 30, 2025202420252024INTEREST AND DIVIDEND INCOME:Loans receivable including feesInterest and fees on loans receivable$98,092 $75,725 $245,879 $219,380 Securities:Taxable10,316 7,259 30,179 21,657 Tax-exempt150 156 455 479 Dividends87 95 282 276 Total interest and dividend income108,645 83,235 276,795 241,792 INTEREST EXPENSE:Deposits37,941 34,622 102,851 99,964 Borrowed funds and finance lease liabilities2,501