Company: CCNE
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000736772-25-000169
Chunk: 114

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 114
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956 $12,957 $25,437 $25,557 Average total assets$6,235,036 $5,854,978 $6,227,901 $5,792,485 Return on average assets (GAAP) (annualized)0.90 %0.89 %0.82 %0.89 %Adjusted calculation of return on average assets (non-GAAP):Net income$13,956 $12,957 $25,437 $25,557 Add: Merger costs, net of tax (non-GAAP)357 — 1,844 — Adjusted net income$14,313 $12,957 $27,281 $25,557 Average total assets$6,235,036 $5,854,978 $6,227,901 $5,792,485 Adjusted return on average assets (GAAP) (annualized)0.92 %0.89 %0.88 %0.89 %

(unaudited)(unaudited)Three Months EndedSix Months EndedJune 30,June 30,2025202420252024Calculation of return on average tangible common equity (non-GAAP):Net income$13,956 $12,957 $25,437 $25,557 Less: preferred stock dividends1,075 1,075 2,150 2,150 Net income available to common shareholders$12,881 $11,882 $23,287 $23,407 Average shareholders' equity$633,848 $583,221 $626,739 $579,991 Less: average goodwill & intangibles44,058 44,127 44,066 44,137 Less: average preferred equity57,785 57,785 57,785 57,785 Average tangible common shareholders' equity (non-GAAP)$532,005 $481,309 $524,888 $478,069 Return on average equity (GAAP) (annualized)8.83 %8.94 %8.18 %8.86 %Return on average common equity (GAAP) (annualized)8.97 %9.10 %8.25 %9.01 %Return on average tangible common equity (non-GAAP) (