Cnb financial corp/pa (CCNE)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
INTEREST AND DIVIDEND INCOME:
Loans including fees

35,510

36,583

36,165

34,295

32,824

32,376

30,385

28,975

26,457

25,905

25,215

23,915

21,970

21,731

21,749

19,043

18,686

18,520

18,459

17,339

17,496

18,212

17,146

17,069

17,085

16,191

13,153

12,281

12,302

12,537

12,574

12,394

12,255

12,313

12,344

11,962

11,705

11,813

11,815

Securities:
Deposits with banks

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-

20

40

42

25

31

Taxable

3,880

3,246

3,093

3,155

2,978

3,059

2,698

2,180

1,984

1,879

1,970

2,125

2,191

2,108

2,257

2,414

2,355

2,435

2,692

2,911

2,939

3,171

3,340

3,350

3,396

3,290

3,283

3,474

3,409

3,464

3,651

3,890

3,683

3,755

3,689

3,693

3,258

3,270

2,929

Tax-exempt

481

529

562

584

697

685

677

683

694

717

692

774

800

815

825

867

883

919

972

949

938

936

941

927

909

937

969

965

957

927

892

905

871

829

732

714

682

683

547

Dividends

219

250

265

248

254

224

280

261

252

197

192

189

143

164

127

149

142

120

114

107

268

176

105

72

47

71

60

38

36

39

16

18

13

13

8

8

7

6

6

Total interest and dividend income

40,090

40,608

40,085

38,282

36,753

36,344

34,040

32,099

29,387

28,698

28,069

27,003

25,104

24,818

24,958

22,473

22,066

21,994

22,237

21,306

21,641

22,495

21,532

21,418

21,437

20,489

17,465

16,758

16,704

16,965

17,133

17,207

16,824

16,808

16,793

16,417

15,694

15,797

15,328

INTEREST EXPENSE:
Deposits

7,905

8,616

7,798

7,201

6,587

5,805

4,812

3,687

2,924

2,603

2,345

2,243

2,121

2,182

2,195

2,077

2,016

2,117

2,169

2,165

2,047

2,070

2,081

2,077

2,072

2,133

1,673

1,955

2,234

2,356

2,424

2,946

3,149

3,265

3,424

3,501

3,435

3,340

3,368

Borrowed funds

1,227

1,248

1,399

1,292

1,410

1,430

1,334

1,604

1,488

1,202

1,225

785

809

640

633

794

914

758

841

805

818

805

825

713

898

890

949

779

829

827

834

787

797

803

796

808

769

993

1,079

Subordinated debentures (includes $21 and $6 accumulated other comprehensive income reclassification for change in fair value of interest rate swap agreements, respectively)

964

-

-

-

998

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subordinated debentures (includes $11, $44, $31 and $149 accumulated other comprehensive income reclassification for change in fair value of interest rate swap agreements, respectively)

-

-

987

995

-

-

1,016

982

875

-

982

986

972

987

197

199

194

191

189

185

186

188

186

185

187

187

195

198

190

194

205

200

201

196

195

196

191

201

196

Total interest expense

10,096

10,863

10,184

9,488

8,995

8,228

7,162

6,273

5,287

4,897

4,552

4,014

3,902

3,809

3,025

3,070

3,124

3,066

3,199

3,155

3,051

3,063

3,092

2,975

3,157

3,210

2,817

2,932

3,253

3,377

3,463

3,933

4,147

4,264

4,415

4,505

4,395

4,534

4,643

NET INTEREST INCOME

29,994

29,745

29,901

28,794

27,758

28,116

26,878

25,826

24,100

23,801

23,517

22,989

21,202

21,009

21,933

19,403

18,942

18,928

19,038

18,151

18,590

19,432

18,440

18,443

18,280

17,279

14,648

13,826

13,451

13,588

13,670

13,274

12,677

12,544

12,378

11,912

11,299

11,263

10,685

Provision for loan losses

3,079

-

-

-

1,306

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for Loan and Lease Losses

-

-

2,118

1,788

-

1,441

1,095

1,905

1,631

3,105

1,400

1,134

1,016

2,111

622

220

1,196

668

463

486

943

282

1,038

1,501

1,019

1,247

846

3,115

930

2,343

1,188

1,746

1,104

2,264

904

992

777

853

1,161

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

26,915

28,933

27,783

27,006

26,452

26,675

25,783

23,921

22,469

20,696

22,117

21,855

20,186

18,898

21,311

19,183

17,746

18,260

18,575

17,665

17,647

19,150

17,402

16,942

17,261

16,032

13,802

10,711

12,521

11,245

12,482

11,528

11,573

10,280

11,474

10,920

10,522

10,410

9,524

Noninterest Income [Abstract]
Service Charges On Deposit Accounts

1,527

1,676

1,676

1,569

1,481

1,657

1,584

1,271

1,247

-

1,244

1,165

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other service charges and fees

590

775

761

748

646

760

732

723

618

-

587

559

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions

1,293

1,145

1,238

1,202

1,042

1,021

1,031

1,090

1,030

-

952

952

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt Securities, Available-for-sale, Realized Gain (Loss)

0

0

0

0

148

0

0

0

0

-

5

155

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Wealth and asset management fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

387

-

415

395

415

431

429

Service charges on deposit accounts

-

-

-

-

-

-

-

-

-

-

-

-

1,090

-

1,162

1,006

981

1,160

1,171

1,094

1,017

1,176

1,198

1,145

1,041

1,209

1,102

1,019

942

1,086

1,049

996

975

1,104

1,097

1,069

963

1,120

1,052

Other service charges and fees

-

-

-

-

-

-

-

-

-

-

-

-

529

-

653

624

560

866

838

761

624

809

762

670

568

618

607

524

430

501

467

468

432

425

433

416

352

374

373

Wealth and asset management fees

-

-

-

-

-

-

-

-

-

-

-

-

871

-

795

780

723

749

711

751

766

725

710

753

672

699

615

538

574

-

498

426

-

-

-

-

-

-

-

Total Fees and Commissions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,998

2,378

2,616

2,511

2,544

2,185

Total other-than-temporary impairment losses on available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

398

821

318

Net realized gains on available-for-sale securities (includes $0 and $1,383 accumulated other comprehensive income reclassifications for net realized gains on available-for-sale securities in 2018 and 2017, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

1,383

-

0

1,005

0

102

73

472

19

184

41

138

66

27

0

252

76

-21

103

731

566

-

-

-

-

-

-

Debt Securities, Trading, Gain (Loss)

-588

-

197

654

800

-

421

237

14

-

160

127

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized and unrealized gains (losses) on trading securities

-588

-

-

-

800

-

-

-

-

-

-

-

188

-

235

64

-34

-

-260

-29

-32

-

-59

99

-25

-

166

28

303

-

275

-140

320

-

-313

-16

113

15

-210

Mortgage Banking

337

395

408

370

239

218

283

310

208

-

237

247

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage banking

-

-

-

-

-

-

-

-

-

-

-

-

184

-

388

147

171

262

164

207

113

279

144

183

175

307

107

271

255

304

225

196

265

229

172

155

179

116

48

Bank Owned Life Insurance Income

479

315

315

326

361

334

335

339

400

351

592

364

352

275

281

263

263

341

288

289

276

340

222

239

240

110

365

815

262

221

229

262

261

256

213

212

249

200

200

Card Processing and Interchange Income

1,128

1,196

1,195

1,221

1,029

1,121

1,066

1,103

971

973

942

970

878

898

876

787

835

-

873

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Business

-

-

-

-

-

-

-

-

-

-

-

536

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

598

552

486

702

407

445

481

533

263

-

313

14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

298

-

81

142

278

-270

136

596

314

-668

478

287

468

475

286

324

229

198

233

325

209

238

361

385

240

288

293

Less portion of loss recognized in other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

Net impairment losses recognized in earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

398

821

318

Net realized gains on available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84

0

74

118

141

Net impairment losses recognized in earnings and realized gains on available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-456

-84

0

324

703

177

Total non-interest income

5,364

6,754

6,276

6,792

6,153

4,433

5,933

5,606

4,751

5,541

5,032

5,089

5,773

4,625

4,471

4,818

3,777

5,862

3,994

4,141

3,097

6,274

3,496

3,514

3,205

3,676

3,248

3,771

3,071

2,906

3,079

3,264

3,415

3,454

2,462

2,616

2,187

1,841

2,008

NON-INTEREST EXPENSES:
Salaries and benefits

11,397

1,172

11,633

11,507

10,900

228

11,429

10,131

9,535

-803

9,101

8,902

9,005

-433

8,506

7,908

7,491

-58

7,572

7,506

6,632

-310

6,562

6,443

6,835

-350

5,288

5,332

5,197

-1,069

4,831

4,619

4,725

-493

4,402

4,197

4,243

3,998

3,714

Net occupancy expense

3,027

2,977

2,683

2,695

2,866

2,501

2,650

2,634

2,496

2,530

2,219

2,257

2,540

2,132

2,212

1,881

1,839

1,643

1,764

1,794

1,799

1,695

1,695

1,760

1,761

1,674

1,234

1,281

1,317

1,257

1,138

1,107

1,149

1,038

1,076

1,103

1,199

1,053

1,016

Amortization of core deposit intangible

83

97

139

166

165

180

222

248

248

262

305

331

331

346

347

217

215

231

259

259

259

274

302

301

303

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Data processing

1,336

1,043

1,329

1,437

1,185

1,216

1,149

1,147

1,074

933

1,031

1,019

961

1,119

1,022

1,121

1,185

1,074

1,095

1,091

1,037

1,053

999

841

1,103

1,014

890

798

767

674

700

692

725

-

-

-

-

-

-

State and local taxes

581

-

956

-

768

-

808

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

State and local taxes

-

-

-

954

-

-

-

833

853

-

710

614

739

526

595

558

492

370

474

474

550

418

461

454

562

283

391

436

439

374

369

365

366

-

-

-

-

-

-

Legal, professional, and examination fees

645

689

702

570

553

190

603

550

508

43

561

666

549

570

464

364

374

465

438

338

312

210

409

302

442

441

313

253

311

327

411

299

228

-

-

-

-

-

-

Advertising

405

603

626

473

411

613

554

581

597

716

495

619

413

493

427

395

484

413

414

419

334

345

368

431

311

242

205

246

246

109

250

250

250

-

-

-

-

-

-

FDIC insurance premiums

619

350

107

373

422

359

361

378

298

313

295

370

204

180

387

340

322

321

338

323

296

296

342

344

340

336

332

319

279

299

283

274

259

290

240

280

449

427

386

Intangible asset amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

25

Prepayment penalties — long-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,506

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Core processing conversion costs

-

-

-

-

-

-

-

-

-

-

-

-

-

96

42

1,488

67

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger costs

-

-

-

-

-

-

-

-

-

-

-

-

-

5

266

173

42

308

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Card processing and interchange expenses

796

711

749

684

747

695

767

638

734

539

541

614

422

220

587

448

634

-

579

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

398

539

103

-

0

-

-

-

-

-

-

-

-

Other

2,853

2,086

2,520

3,125

3,158

1,659

2,251

2,403

2,656

1,419

2,360

2,405

1,870

898

2,241

2,353

1,669

1,218

2,073

1,917

1,874

1,602

2,012

1,732

1,604

722

1,292

1,589

1,023

466

1,226

1,227

1,312

-3,629

2,592

2,561

2,400

2,610

2,190

Total non-interest expenses

21,742

22,905

21,444

21,984

21,175

20,006

20,794

19,543

18,999

17,588

17,618

17,797

17,034

16,456

17,096

18,752

14,814

16,532

15,006

14,121

13,093

15,837

13,150

12,608

13,261

12,995

10,343

10,793

9,682

8,890

9,208

8,833

9,014

8,540

8,310

8,141

8,291

8,113

7,331

INCOME BEFORE INCOME TAXES

10,537

12,782

12,615

11,814

11,430

11,102

10,922

9,984

8,221

8,649

9,531

9,147

8,925

7,067

8,686

5,249

6,709

7,590

7,563

7,685

7,651

-

7,748

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

INCOME BEFORE INCOME TAXES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,848

7,205

-

6,707

3,689

5,910

5,261

6,353

5,959

5,974

5,194

5,626

5,395

4,418

4,138

4,201

INCOME TAX EXPENSE (includes ($4) and $30 income tax expense from reclassification items, respectively)

1,724

2,298

2,258

2,047

1,957

2,157

1,686

1,543

1,124

5,198

2,285

2,464

2,445

2,027

2,270

1,184

1,690

2,082

2,041

2,083

2,086

2,844

2,200

2,231

2,039

1,985

2,004

738

1,613

1,371

1,790

1,623

1,627

1,325

1,559

1,504

1,141

1,032

1,077

Net Income (Loss) Attributable to Parent

8,813

10,484

10,357

9,767

9,473

8,945

9,236

8,441

7,097

3,451

7,246

6,683

6,480

5,040

6,416

4,065

5,019

5,508

5,522

5,602

5,565

6,743

5,548

5,617

5,166

4,728

4,703

2,951

4,297

3,890

4,563

4,336

4,347

3,869

4,067

3,891

3,277

3,106

3,124

Earnings Per Share [Abstract]
Earnings Per Share, Basic

0.57

0.69

0.68

0.64

0.62

0.60

0.60

0.55

0.46

0.23

0.47

0.44

0.43

0.35

0.44

0.28

0.35

0.38

0.38

0.39

0.39

0.46

0.39

0.39

0.36

0.33

0.38

0.24

0.34

0.31

0.37

0.35

0.35

0.31

0.33

0.32

0.27

0.25

0.34

Earnings Per Share, Diluted

0.57

0.69

0.68

0.64

0.62

0.60

0.60

0.55

0.46

0.23

0.47

0.44

0.43

0.35

0.44

0.28

0.35

0.38

0.38

0.39

0.39

0.46

0.39

0.39

0.36

0.33

0.38

0.24

0.34

0.31

0.37

0.35

0.35

0.31

0.33

0.32

0.27

0.25

0.34

DIVIDENDS PER SHARE:
Cash dividends per share (in dollars per share)

0.17

-

0.17

0.17

0.17

-

0.17

0.16

0.16

-

0.16

0.16

0.16

-

0.16

0.16

0.16

-

0.16

0.16

0.16

-

0.16

0.16

0.16

-

0.16

0.16

0.16

-

0.16

0.16

0.16

-

0.16

0.16

0.16

0.16

0.16