CNB Financial Corp

These excess funds, when combined with collective contingent liquidity resources of $5.8 billion including (i) available borrowing capacity from the Federal Home Bank of Pittsburgh ( FHLB ) and the Federal Reserve, and (ii) available unused commitments from brokered deposit sources and other third-party funding channels, including previously established lines of credit from correspondent banks, resulted in the total available liquidity sources for the Corporation as of September 30, 2025 to be approximately 4.3 times the estimated amount of adjusted uninsured deposit balances discussed above.

SEC original ↗CNB Financial Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025

At September 30, 2025, the Corporation had $181.6 million outstanding in short-term borrowings.

SEC original ↗CNB Financial Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025

The Corporation had no outstanding short-term borrowings as of June 30, 2025 and September 30, 2024.

SEC original ↗CNB Financial Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025

The increase in short-term borrowings during the third quarter was primarily attributable to borrowings assumed with the ESSA acquisition.

SEC original ↗CNB Financial Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Even given the Corporation s historically sound underwriting protocols and high credit quality standards for borrowers in the commercial real estate industry segments, the Corporation monitors numerous relevant sensitivity elements, including occupancy, loan-to-value, absorption and cap rates, debt service coverage and covenant compliance, and developer lessor financial strength both in the project and globally.

SEC original ↗CNB Financial Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025

The changes resulted from an increase in additional paid in capital related to the ESSA acquisition of $202.6 million, and a decrease in accumulated other comprehensive loss, primarily from the after-tax impact of temporary unrealized valuation changes in the Corporation s available-for-sale investment portfolio, and growth in earnings, partially offset by the payment of common and preferred stock dividends to our shareholders during the three months ended September 30, 2025.

SEC original ↗CNB Financial Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025

The decrease in syndicated lending balances of $7.1 million compared to June 30, 2025 reflects the Corporation's continued focus on evaluating the level and composition of its syndicated loan portfolio to ensure it continues to provide strong credit quality, profitable use of excess liquidity, and complement the Corporation s loan growth from its in-market customer relationships.

SEC original ↗CNB Financial Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025

1 The $92.8 million in deposits classified as held for sale as of September 30, 2025 are associated with a planned sale of certain customer deposit accounts that are part of a broader strategic initiative to optimize the Corporation s branch and market footprint following the ESSA acquisition.

SEC original ↗CNB Financial Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025

We are confident in the forward earnings profile and increased efficiencies that will result from this historic combination, reflecting successful momentum towards our strategic goal of providing value-building and positive experiences between the Corporation, our clients, and our investors.

SEC original ↗CNB Financial Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025

These divisions include ERIEBANK, based in Erie, Pennsylvania, with offices in Northwest Pennsylvania and Northeast Ohio FCBank, based in Worthington, Ohio, with offices in Central Ohio BankOnBuffalo, based in Buffalo, New York, with offices in Western New York Ridge View Bank, based in Roanoke, Virginia, with offices in the Southwest Virginia region ESSA Bank, based in Stroudsburg, Pennsylvania, with offices in Northeast Pennsylvania, including the Leigh Valley region and Impressia Bank, a division focused on banking opportunities for women, which operates in CNB Bank s primary market areas.

SEC original ↗CNB Financial Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Forward-looking statements include statements with respect to beliefs, plans, objectives, goals, expectations, anticipations, estimates and intentions that are subject to significant risks and uncertainties and are subject to change based on various factors (some of which are beyond the Corporation s control).

SEC original ↗CNB Financial Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025

In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur and you should not put undue reliance on any forward-looking statements.

SEC original ↗CNB Financial Corp — Earnings release (8-K exhibit)EX-99Oct 30, 2025