If you would like to
invest in CCNE...
STOCK TRANSFER AGENT & REGISTRAR
Equiniti Trust Company, LLC 6201 15th Avenue Brooklyn, NY 11219
(800) 937-5449
MARKET MAKERS
The following firms have chosen to make a market in the stock of the Corporation. Inquiries concerning their services should be directed to:
Janney Montgomery Scott LLC 1717 Arch Street Philadelphia, PA 19103
(800) 526-6397
Keefe, Bruyette & Woods, Inc.
787 Seventh Avenue, 4th Floor New York, NY 10019
(212) 887-7777
How to enroll for dividend reinvestment
As a shareholder of CNB Financial Corporation, you can purchase additional shares of CNB Financial's common stock through the Dividend Reinvestment & Direct Stock Purchase and Sale Plan which is sponsored and administered by Equiniti Trust Company LLC (EQ).
An authorization form can be obtained from an EQ shareholder services representative, who can be reached at 800-937-5449 (domestic shareholders) or 718-921-8124 (outside US) between the hours of 8 a.m. and 8 p.m. Eastern Time, Monday through Friday. Access information on EQ's website at https:// equiniti.com/us/ast-access or email inquiries to helpAST@equiniti.com. The physical address is located above.
Scan the QR code to visit our Investor Relations website.
FDICEach depositor insured to at least $250,000
Backed by
the full faith and credit of the United States government
Federal Deposit Insurance Corporation •www.fdic.gov
The common and preferred stock of the
Corporation trade on the NASDAQ Global
Select Market under the symbols CCNE and
CCNEP, respectively.
What's new: | 2023 Q2 Report |
• Impressia Bank launched in Erie, PA and | |
Cleveland, OH. Impressia Bank is dedicated to | |
the professional and financial development | |
and advancement of women business owners | |
and women leaders. | |
• New "At Ease" Account Package, a customized | |
suite of products and solutions designed | |
specifically for veterans and active members | |
of the armed forces and their families, now | |
available. | |
• FCBank's newest SMART Center opened in | |
Westerville, OH. | |
• CNB Bank celebrated the opening of it's Private | |
Client Solutions Office in State College, PA. | |
• Ridge View Bank opened two new SMART | |
Centers in Salem and Smith Mountain Lake, VA. | |
A Message to Our Shareholders
The results through June 30, 2023 reflect the continued success of several of our critical strategies, including deepening our loan and deposit relationships with well-established commercial and wealth management customers, and expanding our core deposit base. Like all banks, we experienced a significant rise in deposit costs in response to the numerous Fed rate increases over the past year. Still, we successfully achieved deposit growth and reduced higher-cost wholesale borrowings from the FHLB.
Our capital and liquidity resources remain strong, and we have maintained our disciplined credit origination and management activities, including close monitoring of commercial real estate and commercial and industrial relationships. Our asset quality remains sound and is supported by our adherence to concentration limits established and maintained, and stress testing risk management activities.
We believe that our strategic initiatives and expanded market presence will continue to expand our deposit base, as well as add to our fee-based relationships, including those in targeted growth markets. Our business will be further complemented by expanding noninterest income from wealth management, treasury management, and merchant services activities through both new and deeper, existing fee-based services for our commercial and private banking customers.
Balance Sheet
Income Statement
Key Performance Data
Uninsured Deposits & Liquidity
Book Value Per Common Share
Diluted Earnings Per Common Share
Three Months Ended
Diluted Earnings Per Common Share
Six Months Ended
Regulatory Capital Position
June 30, 2023
MICHAEL D. PEDUZZI, PRESIDENT & CEO
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Disclaimer
CNB Financial Corporation published this content on 08 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 September 2023 04:27:01 UTC.