Company: CCNE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000736772-25-000202
Chunk: 75

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 75
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 and profitability, and it is utilized as a key metric in evaluating the achievement of the Corporation's strategic plan. Net income is used to monitor budget versus actual results. The comparison of budgeted versus actual net income results are used in assessing the banking segment's performance and in establishing management's compensation. 

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Information reported internally for performance assessment by the CODM follows, including reconciliation to the financial statements.Three Months Ended September 30,Nine Months Ended September 30,2025202420252024INTEREST AND DIVIDEND INCOME:Loans including feesInterest and fees on loans$98,092 $75,725 $245,879 $219,380 Investment Securities10,553 7,510 30,916 22,412 Total interest and dividend income108,645 83,235 276,795 241,792 Interest Expense:Deposits37,941 34,622 102,851 99,964 Borrowed funds and finance lease liabilities3,575 1,127 6,187 3,403 Total interest expense41,516 35,749 109,038 103,367 NET INTEREST INCOME67,129 47,486 167,757 138,425 PROVISION FOR CREDIT LOSS EXPENSE18,456 2,381 24,350 6,292 NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSS EXPENSE48,673 45,105 143,407 132,133 NON-INTEREST INCOME:Service charges on deposit accounts2,222 1,790 5,592 5,278 Other service charges and fees480 796 1,417 2,203 Wealth and asset management fees2,359 2,060 6,264 5,869 Net unrealized gains (losses) on equity securities1,061 647 1,379 758 Mortgage banking196 197 464 580 Bank owned life insurance975 775 2,711 2,326 Card processing and interchange income2,336 2,241 6,721 6,444 Other non-interest income937 2,467 3,533 5,335 Total non-interest income10,566 10,973 28,081 28,793 NON-INTEREST EXPENSES:Salaries15,597 13,