Company: CCNE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000736772-25-000202
Chunk: 3

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 3
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1,300 1,193 3,713 3,250 Merger and integration costs4,155 — 6,041 — Other non-interest expenses5,652 5,218 15,722 14,290 Total non-interest expenses50,157 38,784 130,812 112,197 INCOME BEFORE INCOME TAXES9,082 17,294 40,676 48,729 INCOME TAX EXPENSE (includes $83, $(2), $83 and $(2) income tax expense from reclassification items, respectively)2,037 3,340 8,194 9,218 NET INCOME7,045 13,954 32,482 39,511 PREFERRED STOCK DIVIDENDS1,076 1,076 3,226 3,226 NET INCOME AVAILABLE TO COMMON SHAREHOLDERS$5,969 $12,878 $29,256 $36,285 AVERAGE COMMON SHARES OUTSTANDING:Basic27,178,623 20,841,808 22,998,705 20,832,064 Diluted27,280,298 20,911,862 23,075,450 20,895,538 PER COMMON SHARE DATA:Basic Earnings Per Common Share$0.22 $0.61 $1.26 $1.73 Diluted Earnings Per Common Share$0.22 $0.61 $1.26 $1.72 Cash Dividends Declared$0.180 $0.180 $0.540 $0.530 

See Notes to Condensed Consolidated Financial Statements

2

Table of Contents

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited)

Dollars in thousands

Three Months Ended September 30,Nine Months Ended September 30, 2025202420252024NET INCOME$7,045 $13,954 $32,482 $39,511 Other comprehensive income (loss), net of tax:Net change in debt securities:Unrealized holding gains on available-for-sale securities arising during the period, net of tax of $(824), $(2,641), $(3,441), and $(2,222), respectively3,098 9,937 12,945