Company: CCNE
Filing Date: 2025-02-20
Form Type: S-4
Source: 0001193125-25-030821
Chunk: 252

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-02-20
Form: S-4
Chunk 252
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| (S) | Reflects gain on sale associated with the sale of the loan and deposit portfolio as part of the divestiture adjustments. |

| (T) | Reflects elimination of ESSA’s treasury stock. |

| (U) | Reflects elimination of ESSA’s AOCI. |

192

CNB FINANCIAL CORPORATION UNAUDITED PRO FORMA INCOME STATEMENT FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2024 (In thousands)

| INTEREST AND DIVIDEND INCOME                                    
 Loans receivable including fees                                 |     | Acquirer  
 (CNB      
 Financial 
 Corp.)    |         |   |     | Target   
 (ESSA    
 Bancorp, 
 Inc.)    |        |   |     | Purchase    
 Accounting  
 Adjustments |        |   |     | Ref |     |   |     | Divestiture 
 Adjustments |        |   |     | Ref |     |   |     | Pro      
 Forma    
 Combined |         |   |
|:----------------------------------------------------------------|:----|:----------|--------:|:--|:----|:---------|-------:|:--|:----|:------------|-------:|:--|:----|:----|:----|:--|:----|:------------|-------:|:--|:----|:----|:----|:--|:----|:---------|--------:|:--|
| Interest and fees on loans receivable                           |     | $         | 219,380 |   |     | $        | 66,274 |   |     | $           | 17,897 |   |     |     | (V  | ) |     | $           | (3,141 | ) |     |     | (W  | ) |     | $        | 300,410 |   |
| Securities                                                      |     |           |         |   |     |          |        |   |     |             |        |   |     |     |     |   |     |             |        |   |     |     |     |   |     |          |         |   |
| Taxable                                                         |     |           |  21,657 |   |     |          |  7,865 |   |     |             |  2,923 |   |     |     | (X  | ) |     |             |      — |