Company: CCNE
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0000736772-25-000071
Chunk: 111

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-06
Form: 10-K
Item: Item 8
Chunk 111
---
ENSE178,247 183,836 181,070 NON-INTEREST INCOME:Service charges on deposit accounts6,990 7,372 7,206 Other service charges and fees2,973 3,010 3,196 Wealth and asset management fees7,845 7,251 7,172 Net realized gains on available-for-sale securities (includes $74, $52, and $651accumulated other comprehensive income reclassifications for net realized gains on available-for-sale securities, respectively)74 52 651 Net realized gains on equity securities— 22 — Net unrealized gains (losses) on equity securities754 (409)(1,149)Mortgage banking673 676 1,237 Bank owned life insurance3,110 2,945 3,433 Card processing and interchange income8,666 8,301 7,797 Other non-interest income8,029 4,115 5,223 Total non-interest income39,114 33,335 34,766 NON-INTEREST EXPENSES:Compensation and benefits (includes $(168), $(174), and $(113) accumulated other comprehensive income reclassifications for net amortization of actuarial (gains) losses, respectively)74,536 71,062 71,460 Net occupancy expense14,737 14,509 13,298 Technology expense21,805 20,202 17,041 State and local taxes4,726 4,126 4,078 Legal, professional and examination fees4,217 4,414 4,173 Advertising2,545 3,133 2,887 FDIC insurance3,718 3,879 2,796 Card processing and interchange expenses4,575 5,025 4,801 Other non-interest expenses19,143 18,992 17,088 Total non-interest expenses150,002 145,342 137,622 INCOME BEFORE INCOME TAXES67,359 71,829 78,214 INCOME TAX EXPENSE (includes $51, $79, and $134 income tax expense reclassification items, respectively)12,784 13,809 15,026 NET INCOME54,575 58,020 63,188 PREFERRED STOCK DIVIDENDS4,302 4,302 4