CNB Financial Corporation (CCNE) financial statements (2021 and earlier)

Company profile

Business Address 1 SOUTH SECOND STREET
CLEARFIELD, PA 16830
State of Incorp. PA
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5331934642343232
Cash and cash equivalents5331934635292728
Short-term investments   7555
Disposal group, including discontinued operation      1
Total current assets:5331934642343233
Noncurrent Assets
Finance lease, right-of-use asset01
Operating lease, right-of-use asset1818
Property, plant and equipment60555051503935
Intangible assets, net (including goodwill)44393939392727
Goodwill44393939392727
Intangible assets, net (excluding goodwill)1      
Total noncurrent assets:1231138989886763
Other undisclosed assets4,0733,4583,0872,6372,4522,1872,093
TOTAL ASSETS:4,7293,7643,2222,7692,5742,2852,189
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt   3413411636
Total current liabilities:   3413411636
Noncurrent Liabilities
Other undisclosed liabilities4,3133,4592,9592,4902,2281,9671,965
Total liabilities:4,3133,4592,9592,5252,3622,0832,001
Stockholders' equity
Stockholders' equity attributable to parent416305263244212202189
Preferred stock58      
Treasury stock, value(3)(3)(3)(1)(0)(1)(1)
Additional paid in capital128999897787878
Accumulated other comprehensive income (loss)157(4)(0)(0)21
Retained earnings219202172148134123111
Total stockholders' equity:416305263244212202189
TOTAL LIABILITIES AND EQUITY:4,7293,7643,2222,7692,5742,2852,189

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues169156132122106100101
Net investment income167156132109948787
Cost of revenue(15)(6)(6)(7)(4)(3)(4)
Provision for loan, lease, and other losses(15)(6)(6)
Financial services costs(7)(4)(3)(4)
Gross profit:1541501261151029897
Operating expenses(23)(21)(17)(41)(38)(35)(32)
Other operating income, net
(Noninterest Income, Other Operating Income)
222    
Operating income:13213111074646365
Nonoperating income2113212
Investment income, nonoperating   11(0)1
Bank owned life insurance income2112111
Interest and debt expense(32)(40)(27)(17)(13)(12)(12)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (22)
Income from continuing operations before equity method investments, income taxes:101928559535232
Other undisclosed loss from continuing operations before income taxes(61)(44)(45)(23)(25)(21) 
Income from continuing operations before income taxes:40494036283032
Income tax expense(7)(9)(7)(12)(7)(8)(9)
Net income attributable to parent:33403424212223
Other undisclosed net loss available to common stockholders, basic(1)(0)(0)(0)(0)(0)(0)
Net income available to common stockholders, basic:32403424202223
Other undisclosed net loss available to common stockholders, diluted(0)      
Net income available to common stockholders, diluted:31403424202223

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:33403424212223
Other comprehensive income (loss)010011(5)
Comprehensive income:33413424222318
Other undisclosed comprehensive income (loss), net of tax, attributable to parent810(4)(0)(3)016
Comprehensive income, net of tax, attributable to parent:41513024192334

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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