Company: CCNE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000736772-25-000202
Chunk: 115

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 115
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 common shareholders (non-GAAP):$22,527 $12,878 $47,582 $36,285 

76

NON-GAAP FINANCIAL MEASURES (continued)

(unaudited)(unaudited)September 30,December 31,20252024Calculation of tangible book value per common share and tangible common equity/tangible assets (non-GAAP):Shareholders' equity$844,185 $610,695 Less: preferred equity57,785 57,785 Common shareholders' equity786,400 552,910 Less: goodwill and other intangibles93,773 43,874 Less: core deposit intangible34,727 206 Tangible common equity (non-GAAP)$657,900 $508,830 Total assets$8,254,319 $6,192,010 Less: goodwill and other intangibles93,773 43,874 Less: core deposit intangible34,727 206 Tangible assets (non-GAAP)$8,125,819 $6,147,930 Ending shares outstanding29,477,429 20,987,992 Book value per common share (GAAP)$26.68 $26.34 Tangible book value per common share (non-GAAP)$22.32 $24.24 Common shareholders' equity / Total assets (GAAP)9.53 %8.93 %Tangible common equity / Tangible assets (non-GAAP)8.10 %8.28 %Adjusted calculation of book value per common share (non-GAAP):Common shareholders' equity$786,400 $552,910 Add: merger transaction related expenses, net of tax (non-GAAP)18,326 — Adjusted common shareholders' equity (non-GAAP)$804,726 $552,910 Ending shares outstanding29,477,429 20,987,992 Adjusted book value per common share (non-GAAP)$27.30 $26.34 Adjusted calculation of tangible book value per common share (non-GAAP):Tangible common equity (non-GAAP)$657,900 $508,830 Add: merger transaction related expenses, net of tax (non-GAAP)18,326 — Adjusted tangible common equity (non-GAAP)$676,226 $508,830 Ending shares outstanding29,477,429 20