Company: CCNE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000736772-25-000202
Chunk: 118

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 118
---
516 35,749 109,038 103,367 Net interest income (fully tax equivalent basis) (non-GAAP)$67,443 $47,726 $168,595 $139,096 Average total earning assets$7,209,366 $5,503,832 $6,281,874 $5,440,145 Less: average mark to market adjustment on investments (non-GAAP)(39,121)(51,075)(43,229)(55,134)Adjusted average total earning assets, net of mark to market (non-GAAP)$7,248,487 $5,554,907 $6,325,103 $5,495,279 Net interest margin, fully tax equivalent basis (non-GAAP) (annualized)3.69 %3.42 %3.56 %3.38 %Calculation of net interest margin, excluding purchase accounting loan accretion (fully tax equivalent basis) (non-GAAP)(1):Net interest income (fully tax equivalent basis) (non-GAAP)$67,443 $47,726 $168,595 $139,096 Less: purchase accounting loan accretion(3,420)— (3,420)— Adjusted net interest income (fully tax equivalent basis) (non-GAAP)$64,023 $47,726 $165,175 $139,096 Adjusted average total earning assets, net of mark to market (non-GAAP)$7,248,487 $5,554,907 $6,325,103 $5,495,279 Adjusted net interest margin, fully tax equivalent basis (non-GAAP) (annualized)3.50 %3.42 %3.49 %3.38 %

(1) Purchase accounting loan accretion represents income recognized on fair value adjustments to acquired loans. 

(unaudited)(unaudited)Three Months EndedNine Months EndedSeptember 30,September 30,2025202420252024Calculation of PPNR (non-GAAP): (1)Net interest income$67,129 $47,486 $167,757 $138,425 Add: Non-interest income10,566 10,973 28,081 28,793 Less: Non-interest expense50,157 38,784 130,812 112,197