Company: CCNE
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000736772-25-000169
Chunk: 233

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 233
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 Net interest income$52,197 $45,717 $100,628 $90,939 Average total earning assets$5,817,121 $5,465,645 $5,810,364 $5,407,954 Net interest margin (GAAP) (annualized)3.60 %3.36 %3.49 %3.38 %Calculation of net interest margin (fully tax equivalent basis) (non-GAAP):Interest income$85,771 $80,652 $168,150 $158,557 Tax equivalent adjustment (non-GAAP)265 214 525 431 Adjusted interest income (fully tax equivalent basis) (non-GAAP)86,036 80,866 168,675 158,988 Interest expense33,574 34,935 67,522 67,618 Net interest income (fully tax equivalent basis) (non-GAAP)$52,462 $45,931 $101,153 $91,370 Average total earning assets$5,817,121 $5,465,645 $5,810,364 $5,407,954 Less: average mark to market adjustment on investments (non-GAAP)(42,592)(59,225)(45,317)(57,186)Adjusted average total earning assets, net of mark to market (non-GAAP)$5,859,713 $5,524,870 $5,855,681 $5,465,140 Net interest margin, fully tax equivalent basis (non-GAAP) (annualized)3.59 %3.34 %3.48 %3.36 %

(unaudited)(unaudited)Three Months EndedSix Months EndedJune 30,June 30,2025202420252024Calculation of PPNR (non-GAAP): (1)Net interest income$52,197 $45,717 $100,628 $90,939 Add: Non-interest income9,008 8,865 17,515 17,820 Less: Non-interest expense39,617 35,989 80,655 73,413 PPNR (non-GAAP)$21,588 $18,593 $37,488 $35,346 Adjusted calculation of PPNR (non-GAAP): (1)