Company: CCNE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000736772-25-000202
Chunk: 249

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 249
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fully tax equivalent basis) (non-GAAP)$67,443 $47,726 $168,595 $139,096 Less: purchase accounting loan accretion(3,420)— (3,420)— Adjusted net interest income (fully tax equivalent basis) (non-GAAP)$64,023 $47,726 $165,175 $139,096 Adjusted average total earning assets, net of mark to market (non-GAAP)$7,248,487 $5,554,907 $6,325,103 $5,495,279 Adjusted net interest margin, fully tax equivalent basis (non-GAAP) (annualized)3.50 %3.42 %3.49 %3.38 %

(1) Purchase accounting loan accretion represents income recognized on fair value adjustments to acquired loans. 

(unaudited)(unaudited)Three Months EndedNine Months EndedSeptember 30,September 30,2025202420252024Calculation of PPNR (non-GAAP): (1)Net interest income$67,129 $47,486 $167,757 $138,425 Add: Non-interest income10,566 10,973 28,081 28,793 Less: Non-interest expense50,157 38,784 130,812 112,197 PPNR (non-GAAP)$27,538 $19,675 $65,026 $55,021 Adjusted calculation of PPNR (non-GAAP): (1)Net interest income$67,129 $47,486 $167,757 $138,425 Add: Non-interest income10,566 10,973 28,081 28,793 Less: Non-interest expense50,157 38,784 130,812 112,197 Add: merger and integration costs (non-GAAP)4,155 — 6,041 — Adjusted PPNR (non-GAAP)$31,693 $19,675 $71,067 $55,021 (1) Management believes that this is an important metric as it illustrates the underlying performance of the Corporation, it enables investors and others to assess the Corporation's ability to generate capital to cover credit losses through the credit cycle and provides consistent reporting with a key metric used by bank regulatory agencies.

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NON-GAAP FINANC