Company: CCNE
Filing Date: 2025-04-15
Form Type: 425
Source: 0001193125-25-080836
Chunk: 8

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-04-15
Form: 425
Chunk 8
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accrual commercial $20.7 million, or 5.62% of total multi-family lodging loans. office loans. (2) loans outstanding. • The average outstanding balance per loan • The average outstanding balance per loan • The average outstanding balance per loan was $1.9 million. was $1.0 million. was $1.6 million. (1) Markets are based upon metropolitan statistical areas. (2) As discussed in the earnings release issued on January 28, 2025, the increase in nonperforming assets was primarily due to one commercial multifamily relationship totaling 9 $20.4 million with a specific reserve balance of $885 thousand. Management does not believe there is risk of significant additional loss exposure beyond the specific reserves related to this loan relationship.

CAPITAL DIVIDEND PER COMMON SHARE PREFERRED STOCK DIVIDEND – FIXED RATE $0.75 10.0% $0.71 $0.70 $0.70 $0.69 $0.70 9.0% $0.68 $0.65 8.0% 7.125% 7.125% 7.125% 7.125% 7.125% $0.60 7.0% $0.55 6.0% $0.50 5.0% 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 (1) TANGIBLE COMMON EQUITY/TANGIBLE ASSETS BOOK VALUE PER COMMON SHARE 10% Common equity / Total assets CAGR = 5.5% Tangible common equity / Tangible assets $30.00 $26.34 9% $24.57 $22.85 $25.00 $22.39 8.93% 8.93% $21.29 8.64% 8% 8.28% 8.22% $20.00 7.90% 7.58% 7% $15.00 7.23% 6.70% $10.00 6% 6.45% $5.00 5% 2020 2021 2022 2023 2024 $- 2020 2021 2022 2023 2024 10 (1) Tangible common equity/tangible assets is a non-GAAP financial measure – see