Peer Analysis

Performance Ratios (%) CCNE Peer Median Peer Average
ROAA 0.87 0.94 1.02
ROAE 10.97 8.71 8.75
Net Interest Margin NA 3.34 3.43
Efficiency Ratio 59.39 54.76 54.49
Loans / Deposits 83.17 91.21 91.29
Asset Quality Ratios (%)
NPAs / Assets NA 0.62 0.67
NCOs / Avg Loans 0.21 0.07 0.13
Reserves / Loans 0.80 1.17 1.23
Reserves / NPAs NA 148.31 185.47
Capital Ratios (%)
Tier 1 Capital 12.05 13.19 13.49
Tangible Equity / Tangible Assets 7.90 9.19 9.48
Total Equity / Total Assets 8.78 11.41 11.40
Market Ratios
Price / Earnings (x) 8.30 11.03 11.70
Price / Book (%) 88.55 83.51 96.65
Dividend Yield (%) 3.61 4.02 3.84
Data for trailing four quarters

CNB Financial Corporation's peer group consists of the following: Arrow Financial Corporation (AROW), BNC Bancorp, Bridge Bancorp, Inc. (BDGE), City Holding Company (CHCO), Eagle Bancorp, Inc. (EGBN), Enterprise Financial Services Corp (EFSC), Financial Institutions, Inc. (FISI), First Community Bankshares, Inc. (FCBC), First Financial Corporation (THFF), First of Long Island Corporation (FLIC), Kearny Financial Corp. (KRNY), Lakeland Bancorp, Inc. (LBAI), Lakeland Financial Corporation (LKFN), Metro Bancorp, Inc., Peoples Bancorp Inc. (PEBO), Premier Financial Corp. (PFC), Seacoast Banking Corporation of Florida (SBCF), Suffolk Bancorp, Univest Financial Corporation (UVSP)

CNB Financial Corporation's financial data is as of 9/30/2020.

Peer financial data is as of 9/30/2020 except for these companies:

Arrow Financial Corporation's financial data is as of 9/30/2020.
City Holding Company's financial data is as of 9/30/2020.
Suffolk Bancorp's financial data is as of 12/31/2016.
Peoples Bancorp Inc.'s financial data is as of 9/30/2020.
Lakeland Bancorp, Inc.'s financial data is as of 9/30/2020.
Premier Financial Corp.'s financial data is as of 9/30/2020.
Enterprise Financial Services Corp's financial data is as of 9/30/2020.
Eagle Bancorp, Inc.'s financial data is as of 9/30/2020.
Metro Bancorp, Inc.'s financial data is as of 12/31/2015.
BNC Bancorp's financial data is as of 3/31/2017.