Company: CCNE
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0000736772-25-000087
Chunk: 241

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 2
Chunk 241
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-GAAP) (annualized)8.15 %9.77 %Adjusted calculation of return on average equity (non-GAAP):Net income$11,481 $12,600 Add: Merger costs, net of tax (non-GAAP)1,487 — Adjusted net income (non-GAAP)$12,968 $12,600 Average shareholders' equity$619,409 $576,528 Adjusted return on average equity (GAAP) (annualized)8.49 %8.79 %Adjusted calculation of return on average tangible common equity (non-GAAP):Net income available to common shareholders$10,406 $11,525 Add: Merger costs, net of tax (non-GAAP)1,487 — Adjusted net income available to common shareholders$11,893 $11,525 Average tangible common shareholders' equity (non-GAAP)$517,550 $474,596 Adjusted return on average tangible common equity (non-GAAP) (annualized)9.32 %9.77 %

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