Company: CCNE
Filing Date: 2025-02-20
Form Type: S-4
Source: 0001193125-25-030821
Chunk: 167

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-02-20
Form: S-4
Chunk 167
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 |     | Norwood Financial Corp.           |
| Citizens & Northern Corporation         |     | Orange County Bancorp, Inc.       |
| Esquire Financial Holdings, Inc.        |     | Parke Bancorp, Inc.               |
| Fidelity D & D Bancorp, Inc.            |     | Pathfinder Bancorp, Inc.          |
| First United Corporation                |     | Princeton Bancorp, Inc.           |
| Franklin Financial Services Corporation |     | SR Bancorp, Inc.                  |
| Hanover Bancorp, Inc.                   |     | Unity Bancorp, Inc.               |

124

The analysis compared publicly available financial information for ESSA with corresponding data for the ESSA Peer Group as of or for the year ended September 30, 2024 (unless otherwise noted) with pricing data as of January 7, 2025. The table below sets forth the data for ESSA and the median, mean, low and high data for the ESSA Peer Group. Certain financial data prepared by Piper Sandler, as referenced in the table presented below, may not correspond to the data presented in ESSA’s historical financial statements, as a result of the different periods, assumptions and methods used by Piper Sandler to compute the financial data presented. ESSA Comparable Company Analysis

|                                               |     | ESSA |       |     | ESSA       
 Peer Group 
 Median     |       |     | ESSA       
 Peer Group 
 Mean       |       |     | ESSA       
 Peer Group 
 Low        |       |     | ESSA       
 Peer Group 
 High       |       |
| Total Assets ($mm)                            |     |      | 2,188 |     |            | 2,341 |     |            | 2,220 |     |            | 1,053 |     |            | 2,880 |
| Loans / Deposits (%)                          |     |      | 108.0 |     |            |  91.6 |     |            |  92.0 |     |            |  76.6 |     |            | 118.0 |
| Non-Performing Assets / Total Assets (%)      |     |      |  0.56 |     |            |  0.42 |     |            |  0.51 |     |            |  0.00 |     |            |  1.97 |
| Tangible