Company: CCNE
Filing Date: 2025-02-20
Form Type: S-4
Source: 0001193125-25-030821
Chunk: 250

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-02-20
Form: S-4
Chunk 250
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 (S | ) |     |          |   337,342 |   |
| Treasury stock, at cost                                     |     |           |    (4,516 | ) |     |          |  (104,184 | ) |     |             |  104,184 |   |     |     | (T | ) |     |             |        — |   |     |     |    |   |     |          |    (4,516 | ) |
| Accumulated other comprehensive loss                        |     |           |   (37,296 | ) |     |          |    (6,565 | ) |     |             |    6,565 |   |     |     | (U | ) |     |             |        — |   |     |     |    |   |     |          |   (37,296 | ) |
| Total equity                                                |     |           |   606,363 |   |     |          |   230,421 |   |     |             |  (44,090 | ) |     |     |    |   |     |             |    1,612 |   |     |     |    |   |     |          |   794,306 |   |
| Total liabilities and equity                                |     | $         | 6,014,844 |   |     | $        | 2,187,717 |   |     | $           |  (44,488 | ) |     |     |    |   |     | $           |  (95,023 | ) |     |     |    |   |     | $        | 8,063,050 |   |

191

Footnotes to Unaudited Pro Forma Balance Sheet at September 30, 2024 The following pro forma adjustments have been reflected in the unaudited pro forma combined consolidated financial statements presented for CNB. Unless otherwise noted, all adjustments are based on assumptions and valuations as of September 30, 2024 for the respective pending acquisition and are subject to change.

| (A) | Reflects both CNB and ESSA transaction expenses incurred which are expected to be approximately $27.6 million or $23.3 million (net of tax effect). |

| (B) | Reflects net cash proceeds from sale of $204.4 million worth of loans and $97.1 million of deposits as part of the divestiture adjustments. |

|