CNB FINANCIAL CORP (CCNE) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	8-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Interest income:
Interest income on loans	194.1	157.8	147.5	139.9	118.2	97.0	81.2	71.8
Interest income on investments		12.8	13.8	14.8	12.7	11.1	12.5	14.8
	194.1	179.6	167.2	155.7	131.9	108.9	94.3	87.2
Interest expense:
Interest on deposits		15.1	24.1	30.2	17.2	9.3	8.5	8.5
		19.8	32.5	39.5	27.0	17.4	13.0	12.5
Net interest income	189.7	159.8	134.7	116.2	104.9	91.5	81.3	74.7
Provision for loan losses		6.0	15.4	6.0	6.1	6.7	4.1	2.6
Net interest income after provision for loan losses	189.7	153.8	119.4	110.2	98.8	84.9	77.1	72.1
Deposit and loan fees	7.2	6.2	5.1	6.4	5.8	4.8	4.3	4.4
Gain on sale of investments, net								0.7
Other non-interest income	27.6	27.2	23.0	19.6	15.0	16.6	13.4	12.0
Total non-interest income	34.8	33.4	28.1	26.0	20.7	21.4	17.7	17.1
Non-interest expenses	137.6	116.4	107.3	87.5	79.3	70.0	67.1	58.8
Pre-tax income before non-recurring items	78.2	70.8	52.7	48.8	40.2	37.3	28.2	30.8
Non-recurring items			12.6	0.2		1.1	0.5	0.3
Pre-tax income	78.2	70.8	40.1	48.6	40.2	36.3	27.7	30.5
Income taxes	15.0	13.1	7.3	8.6	6.5	12.4	7.2	8.3
Tax rate	19.2%	18.5%	18.3%	17.6%	16.2%	34.2%	25.9%	27.2%
Net income	63.2	53.4	31.6	40.1	33.7	23.9	20.5	22.2
Net margin	28.2%	28.5%	21.4%	29.4%	28.2%	22.4%	21.7%	24.9%

Basic EPS	$3.51	$3.18	$1.97	$2.64	$2.22	$1.58	$1.43	$1.55
Diluted EPS	$3.51	$3.18	$1.97	$2.64	$2.22	$1.58	$1.43	$1.55

Shares outstanding (basic)	18.0	16.8	16.0	15.2	15.2	15.1	14.4	14.3
Shares outstanding (diluted)	18.0	16.8	16.0	15.2	15.2	15.1	14.4	14.3

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.