Company: CCNE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000736772-25-000202
Chunk: 76

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 76
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726 42,256 40,526 Incentive2,696 1,038 5,991 1,723 Benefits5,046 4,808 15,004 13,786 Net occupancy expense4,823 3,701 12,893 10,921 Amortization of core deposit intangible780 18 813 57 Technology expense5,485 5,417 16,325 16,062 State and local taxes1,292 1,256 3,885 3,636 Legal, professional and examination fees1,637 940 3,483 3,231 Advertising754 623 1,824 1,861 FDIC insurance940 846 2,862 2,854 Card processing and interchange expenses1,300 1,193 3,713 3,250 Merger and integration costs4,155 — 6,041 — Other non-interest expenses5,652 5,218 15,722 14,290 Total non-interest expenses50,157 38,784 130,812 112,197 INCOME BEFORE INCOME TAXES9,082 17,294 40,676 48,729 INCOME TAX EXPENSE 2,037 3,340 8,194 9,218 SEGMENT NET INCOME$7,045 $13,954 $32,482 $39,511 Reconciliation of profit or lossAdjustments and reconciling items— — — — CONSOLIDATED NET INCOME$7,045 $13,954 $32,482 $39,511 Reconciliation of assetsAdjustments and reconciling items— — — — TOTAL CONSOLIDATED ASSETS$8,254,319 $6,014,844 $8,254,319 $6,014,844 

51

ITEM 2

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION

AND RESULTS OF OPERATIONS

GENERAL OVERVIEW

The following discussion and analysis of the condensed consolidated financial statements of the Corporation is presented to provide insight into management's assessment of financial results. The terms "we", "us" and "our" refer to CNB Financial Corporation and its subsidiaries. The financial condition and results of operations of the Corporation and its consolidated subsidiaries are not necessarily indicative