EXHIBIT 99.2 – Supplemental, Unaudited Financial Information

CONDENSED, CONSOLIDATED EARNINGS INFORMATION

(Dollars In Thousands, Except Per Share Data)

(Unaudited)



	1ST		1ST
	QUARTER		QUARTER
	2025		2024		$ Incr. (Decr.)		% Incr. (Decr.)
Interest and Dividend Income	$	31,709	$	30,336	$	1,373	4.53	%
Interest Expense		11,734		11,295		439	3.89	%
Net Interest Income		19,975		19,041		934	4.91	%
Provision for Credit Losses		236		954		(718)	(75.26)	%
Net Interest Income After Provision for Credit Losses		19,739		18,087		1,652	9.13	%
Noninterest Income		7,008		6,675		333	4.99	%
Noninterest Expense		19,043		18,304		739	4.04	%
Income Before Income Tax Provision		7,704		6,458		1,246	19.29	%
Income Tax Provision		1,411		1,152		259	22.48	%
Net Income	$	6,293	$	5,306	$	987	18.60	%
Net Income Attributable to Common Shares (1)	$	6,242	$	5,267	$	975	18.51	%
PER COMMON SHARE DATA:
Net Income - Basic and Diluted	$	0.41	$	0.35	$	0.06	17.14	%
Dividends Per Share	$	0.28	$	0.28	$	0.00	0.00	%
Number of Shares Used in Computation - Basic and Diluted		15,338,532		15,230,580

(1)

Basic and diluted net income per common share are determined based on net income less earnings allocated to nonvested restricted shares with nonforfeitable dividends.

CONDENSED, CONSOLIDATED BALANCE SHEET DATA

(Dollars In Thousands)

(Unaudited)


	March 31,		March 31,
	2025		2024		$ Incr. (Decr.)		% Incr. (Decr.)
ASSETS
Cash & Due from Banks	$	114,738	$	46,448	$	68,290	147.02	%
Available-for-sale Debt Securities		408,463		405,094		3,369	0.83	%
Loans, Net		1,878,260		1,852,426		25,834	1.39	%
Bank-Owned Life Insurance		51,671		49,857		1,814	3.64	%
Bank Premises and Equipment, Net		21,304		21,852		(548)	(2.51)	%
Deferred Tax Asset, Net		17,194		17,703		(509)	(2.88)	%
Intangible Assets		54,479		54,877		(398)	(0.73)	%
Other Assets		63,119		73,280		(10,161)	(13.87)	%
TOTAL ASSETS	$	2,609,228	$	2,521,537	$	87,691	3.48	%

LIABILITIES
Deposits	$	2,102,141	$	1,995,903	$	106,238	5.32	%
Borrowed Funds - Federal Home Loan Bank and Repurchase Agreements		154,994		197,655		(42,661)	(21.58)	%
Senior Notes, Net		14,917		14,848		69	0.46	%
Subordinated Debt, Net		24,860		24,745		115	0.46	%
Other Liabilities		30,485		26,730		3,755	14.05	%
TOTAL LIABILITIES		2,327,397		2,259,881		67,516	2.99	%

STOCKHOLDERS' EQUITY
Common Stockholders' Equity, Excluding Accumulated
Other Comprehensive Loss		314,521		302,362		12,159	4.02	%
Accumulated Other Comprehensive Loss:
Net Unrealized Losses on Available-for-sale Debt Securities		(33,050)		(41,071)		8,021	(19.53)	%
Defined Benefit Plans		360		365		(5)	(1.37)	%
TOTAL STOCKHOLDERS' EQUITY		281,831		261,656		20,175	7.71	%
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	$	2,609,228	$	2,521,537	$	87,691	3.48	%

CONDENSED, CONSOLIDATED FINANCIAL HIGHLIGHTS

(Dollars In Thousands, Except Per Share Data)

(Unaudited)


	FOR THE
	THREE MONTHS ENDED						%
	March 31,						INCREASE
	2025			2024			(DECREASE)
EARNINGS PERFORMANCE
Net Income	$	6,293		$	5,306		18.60	%
Return on Average Assets (Annualized)		0.98	%		0.84	%	16.67	%
Return on Average Equity (Annualized)		9.05	%		8.13	%	11.32	%

PRE-TAX, PRE-PROVISION NET REVENUE ("PPNR") - NON-GAAP (a)
PPNR	$	8,151		$	7,607		7.15	%
PPNR (Annualized) as a % of Average Assets		1.27	%		1.21	%	4.96	%
PPNR (Annualized) as a % of Average Equity		11.72	%		11.65	%	0.60	%

BALANCE SHEET HIGHLIGHTS
Total Assets	$	2,609,228		$	2,521,537		3.48	%
Available-for-Sale Debt Securities		408,463			405,094		0.83	%
Loans, Net		1,878,260			1,852,426		1.39	%
Allowance for Credit Losses:
Allowance for Credit Losses on Loans		20,172			20,023		0.74	%
Allowance for Credit Losses on Off-Balance Sheet Exposures		463			684		(32.31)	%
Deposits		2,102,141			1,995,903		5.32	%

OFF-BALANCE SHEET
Outstanding Balance of Mortgage Loans Sold with Servicing Retained	$	329,761		$	322,319		2.31	%
Trust Assets Under Management		1,336,737			1,224,573		9.16	%

STOCKHOLDERS' VALUE (PER COMMON SHARE)
Net Income - Basic and Diluted	$	0.41		$	0.35		17.14	%
Dividends	$	0.28		$	0.28		0.00	%
Common Book Value	$	18.20		$	17.01		7.00	%
Tangible Common Book Value - NON-GAAP (b)	$	14.68		$	13.45		9.14	%
Market Value (Last Trade)	$	20.12		$	18.78		7.14	%
Market Value / Common Book Value		110.55	%		110.41	%	0.13	%
Market Value / Tangible Common Book Value - NON-GAAP (b)		137.06	%		139.63	%	(1.84)	%
Price Earnings Multiple		12.27			13.41		(8.50)	%
Dividend Yield (Annualized)		5.57	%		5.96	%	(6.54)	%
Common Shares Outstanding, End of Period		15,482,848			15,378,065		0.68	%

CONDENSED, CONSOLIDATED FINANCIAL HIGHLIGHTS (Continued)

(Dollars In Thousands, Except Per Share Data)

(Unaudited)


	AS OF OR FOR THE
	THREE MONTHS ENDED						%
	March 31,						INCREASE
	2025			2024			(DECREASE)
SAFETY AND SOUNDNESS
Tangible Common Equity / Tangible Assets (b)		8.90	%		8.38	%	6.21	%
Nonperforming Assets / Total Assets		0.93	%		0.78	%	19.23	%
Allowance for Credit Losses / Total Loans		1.06	%		1.07	%	(0.93)	%
Total Risk Based Capital Ratio (c)		16.00	%		15.54	%	2.96	%
Tier 1 Risk Based Capital Ratio (c)		13.61	%		13.13	%	3.66	%
Common Equity Tier 1 Risk Based Capital Ratio (c)		13.61	%		13.13	%	3.66	%
Leverage Ratio (c)		10.18	%		9.88	%	3.04	%

AVERAGE BALANCES
Average Assets	$	2,575,150		$	2,518,776		2.24	%
Average Equity	$	278,143		$	261,146		6.51	%

EFFICIENCY RATIO - NON-GAAP (d)
Net Interest Income on a Fully Taxable-Equivalent Basis (d)	$	20,186		$	19,236		4.94	%
Noninterest Income, Excluding Net Realized Losses on Available-for-sale Debt Securities		7,008			6,675		4.99	%
Total (1)	$	27,194		$	25,911		4.95	%
Noninterest Expense (2)	$	19,043		$	18,304		4.04	%
Efficiency Ratio = (2)/(1)		70.03	%		70.64	%	(0.86)	%

(a)

PPNR includes net interest income plus noninterest income minus total noninterest expense but excludes provision (credit) for credit losses, realized gains or losses on securities, the income tax provision and nonrecurring items included in earnings. Management believes disclosure of PPNR provides useful information for evaluating C&N’s financial performance without the impact of realized gains or losses on securities or unusual items or events that may obscure trends in C&N’s underlying performance. This non-GAAP data should be considered in addition to results prepared in accordance with GAAP, and is not a substitute for, or superior to, GAAP results. A reconciliation of this non-GAAP measure to the comparable GAAP measure is provided below under the table “PPNR- NON- GAAP RECONCILIATION.”

(b)

Tangible common book value per share, tangible common equity as a percentage of tangible assets and market value as a percentage of tangible common book value are non-GAAP ratios. Management believes this non-GAAP information is helpful in evaluating the strength of the C&N's capital and in providing an alternative, conservative valuation of C&N's net worth. The ratios shown above are based on the following calculations of tangible assets and tangible common equity:


Total Assets	$	2,609,228	$	2,521,537
Less: Intangible Assets, Primarily Goodwill		(54,479)		(54,877)
Tangible Assets	$	2,554,749	$	2,466,660
Total Stockholders' Equity	$	281,831	$	261,656
Less: Intangible Assets, Primarily Goodwill		(54,479)		(54,877)
Tangible Common Equity (3)	$	227,352	$	206,779

Common Shares Outstanding, End of Period (4)		15,482,848		15,378,065
Tangible Common Book Value per Share = (3)/(4)	$	14.68	$	13.45

(c)Capital ratios for the most recent period are estimated.

(d)The efficiency ratio is a non-GAAP ratio that is calculated as shown above. For purposes of calculating the efficiency ratio, net interest income on a fully taxable-equivalent basis includes amounts of interest income on tax-exempt securities and loans that have been increased to a fully taxable-equivalent basis, using C&N's marginal federal income tax rate of 21%. A reconciliation of net interest income under U.S. GAAP as compared to net interest income as adjusted to a fully taxable-equivalent basis is provided below under the table “COMPARISON OF INTEREST INCOME AND EXPENSE.”

QUARTERLY CONDENSED, CONSOLIDATED

INCOME STATEMENT INFORMATION

(Dollars In Thousands, Except Per Share Data)

(Unaudited)


		For the Three Months Ended:
	March 31,		December 31,		September 30,		June 30,		March 31,
	2025		2024		2024		2024		2024
Interest and dividend income	$	31,709	$	33,329	$	33,087	$	31,326	$	30,336
Interest expense		11,734		12,856		12,931		11,881		11,295
Net interest income		19,975		20,473		20,156		19,445		19,041
Provision (credit) for credit losses		236		(531)		1,207		565		954
Net interest income after provision (credit) for credit losses		19,739		21,004		18,949		18,880		18,087
Noninterest income		7,008		7,547		7,133		7,854		6,675
Noninterest expense		19,043		18,430		18,269		19,255		18,304
Income before income tax provision		7,704		10,121		7,813		7,479		6,458
Income tax provision		1,411		1,947		1,448		1,366		1,152
Net income	$	6,293	$	8,174	$	6,365	$	6,113	$	5,306
Net income attributable to common shares	$	6,242	$	8,103	$	6,311	$	6,066	$	5,267
Basic and diluted earnings per common share	$	0.41	$	0.53	$	0.41	$	0.40	$	0.35

QUARTERLY CONDENSED, CONSOLIDATED

BALANCE SHEET INFORMATION

(In Thousands) (Unaudited)


	As of:
	March 31,		Dec. 31,		Sept. 30,		June 30,		March 31,
	2025		2024		2024		2024		2024
ASSETS
Cash & Due from Banks	$	114,738	$	126,174	$	184,213	$	100,412	$	46,448
Available-for-Sale Debt Securities		408,463		402,380		408,422		401,145		405,094
Loans, Net		1,878,260		1,875,813		1,872,322		1,872,825		1,852,426
Bank-Owned Life Insurance		51,671		51,214		50,757		50,301		49,857
Bank Premises and Equipment, Net		21,304		21,338		21,537		21,966		21,852
Deferred Tax Asset, Net		17,194		19,098		17,047		18,375		17,703
Intangible Assets		54,479		54,585		54,682		54,779		54,877
Other Assets		63,119		60,051		61,842		73,319		73,280
TOTAL ASSETS	$	2,609,228	$	2,610,653	$	2,670,822	$	2,593,122	$	2,521,537

LIABILITIES
Deposits (1)	$	2,102,141	$	2,093,909	$	2,135,879	$	2,059,309	$	1,995,903
Borrowed Funds - Federal Home Loan Bank and Repurchase Agreements		154,994		167,939		186,043		202,523		197,655
Senior Notes, Net		14,917		14,899		14,882		14,865		14,848
Subordinated Debt, Net		24,860		24,831		24,802		24,773		24,745
Other Liabilities		30,485		33,791		31,911		28,431		26,730
TOTAL LIABILITIES		2,327,397		2,335,369		2,393,517		2,329,901		2,259,881

STOCKHOLDERS' EQUITY
Common Stockholders' Equity, Excluding Accumulated Other Comprehensive Loss		314,521		312,045		307,369		304,582		302,362
Accumulated Other Comprehensive Loss:
Net Unrealized Losses on Available-for-sale Debt Securities		(33,050)		(37,084)		(30,396)		(41,710)		(41,071)
Defined Benefit Plans		360		323		332		349		365
TOTAL STOCKHOLDERS' EQUITY		281,831		275,284		277,305		263,221		261,656
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	$	2,609,228	$	2,610,653	$	2,670,822	$	2,593,122	$	2,521,537

(1) Brokered Deposits (Included in Total Deposits)	$	22,022	$	24,021	$	45,051	$	59,501	$	69,391

AVAILABLE-FOR-SALE DEBT SECURITIES

(In Thousands)


	March 31, 2025				December 31, 2024				March 31, 2024
	Amortized		Fair		Amortized		Fair		Amortized		Fair
	Cost		Value		Cost		Value		Cost		Value
Obligations of the U.S. Treasury	$	8,062	$	7,284	$	8,067	$	7,118	$	11,324	$	10,231
Obligations of U.S. Government agencies		9,819		8,923		10,154		9,025		10,637		9,376
Bank holding company debt securities		28,959		25,944		28,958		25,246		28,953		23,469
Obligations of states and political subdivisions:
Tax-exempt		110,721		99,148		111,995		101,302		113,181		102,826
Taxable		51,075		43,587		51,147		42,506		57,960		49,255
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies:
Residential pass-through securities		105,642		97,477		104,378		94,414		102,048		91,116
Residential collateralized mortgage obligations		54,923		52,148		53,389		49,894		48,477		44,501
Commercial mortgage-backed securities		73,232		65,553		73,470		64,501		76,249		66,121
Private label commercial mortgage-backed securities		8,404		8,399		8,365		8,374		8,252		8,199
Total Available-for-Sale Debt Securities	$	450,837	$	408,463	$	449,923	$	402,380	$	457,081	$	405,094

SUMMARY OF LOANS BY TYPE

(Excludes Loans Held for Sale)

(In Thousands)


	March 31,		December 31,		March 31,
	2025		2024		2024
Commercial real estate - non-owner occupied:
Non-owner occupied	$	471,351	$	471,171	$	507,223
Multi-family (5 or more) residential		101,061		105,174		64,866
1-4 Family - commercial purpose		161,292		163,220		167,740
Total commercial real estate - non-owner occupied		733,704		739,565		739,829
Commercial real estate - owner occupied		260,248		261,071		250,145
All other commercial loans:
Commercial and industrial		96,233		96,665		80,136
Commercial lines of credit		128,290		120,078		121,791
Political subdivisions		94,046		94,009		84,652
Commercial construction and land		96,176		92,741		106,255
Other commercial loans		21,434		19,784		19,971
Total all other commercial loans		436,179		423,277		412,805
Residential mortgage loans:
1-4 Family - residential		378,841		383,797		387,542
1-4 Family residential construction		23,407		24,212		22,121
Total residential mortgage		402,248		408,009		409,663
Consumer loans:
Consumer lines of credit (including HELCs)		49,782		47,196		41,204
All other consumer		16,271		16,730		18,803
Total consumer		66,053		63,926		60,007
Total		1,898,432		1,895,848		1,872,449
Less: allowance for credit losses on loans		(20,172)		(20,035)		(20,023)
Loans, net	$	1,878,260	$	1,875,813	$	1,852,426

NON-OWNER OCCUPIED COMMERCIAL REAL ESTATE

(In Thousands)


Loan Type	March 31,		% of Non-owner		% of
	2025		Occupied CRE		Total Loans
Office	$	108,625	23.0	%	5.7	%
Retail		90,247	19.1	%	4.8	%
Industrial		81,892	17.4	%	4.3	%
Hotels		69,687	14.8	%	3.7	%
Mixed Use		60,610	12.9	%	3.2	%
Other		60,290	12.8	%	3.2	%
Total Non-owner Occupied CRE Loans	$	471,351
Total Gross Loans	$	1,898,432

PAST DUE LOANS AND NONPERFORMING ASSETS

(Dollars In Thousands)


	March 31,			December 31,			March 31,
	2025			2024			2024
Collateral dependent loans with a valuation allowance	$	945		$	258		$	10,062
Collateral dependent loans without a valuation allowance		29,854			29,867			4,743
Total collateral dependent loans	$	30,799		$	30,125		$	14,805

Total loans past due 30-89 days and still accruing	$	8,452		$	5,658		$	6,560

Nonperforming assets:
Total nonaccrual loans	$	24,106		$	23,842		$	19,069
Total loans past due 90 days or more and still accruing		24			119			227
Total nonperforming loans		24,130			23,961			19,296
Foreclosed assets held for sale (real estate)		199			181			456
Total nonperforming assets	$	24,329		$	24,142		$	19,752

Total nonperforming loans as a % of total loans		1.27	%		1.26	%		1.03	%
Total nonperforming assets as a % of assets		0.93	%		0.92	%		0.78	%
Allowance for credit losses as a % of total loans		1.06	%		1.06	%		1.07	%

ANALYSIS OF THE ALLOWANCE FOR CREDIT LOSSES ON LOANS

(In Thousands)


	3 Months			3 Months			3 Months			Year
	Ended			Ended			Ended			Ended
	March 31,			December 31,			March 31,			December 31,
	2025			2024			2024			2024
Balance, beginning of period	$	20,035		$	20,442		$	19,208		$	19,208
Charge-offs		(117)			(32)			(180)			(1,716)
Recoveries		26			18			35			113
Net charge-offs		(91)			(14)			(145)			(1,603)
Provision (credit) for credit losses on loans		228			(393)			960			2,430
Balance, end of period	$	20,172		$	20,035		$	20,023		$	20,035

Net charge-offs as a % of average gross loans (annualized)		0.02	%		0.00	%		0.03	%		0.09	%

ANALYSIS OF THE PROVISION (CREDIT) FOR CREDIT LOSSES

(In Thousands)


	3 Months		3 Months		3 Months
	Ended		Ended		Ended
	March 31,		December 31,		March 31,
	2025		2024		2024
Provision (credit) for credit losses:
Loans receivable	$	228	$	(393)	$	960
Off-balance sheet exposures		8		(138)		(6)
Total provision (credit) for credit losses	$	236	$	(531)	$	954

PPNR NON- GAAP RECONCILIATION

(In Thousands)


	Three Months Ended
	March 31,		December 31,		March 31,
Calculation of PPNR:	2025		2024		2024
Net Income (GAAP)	$	6,293	$	8,174	$	5,306
Add: Provision for income taxes		1,411		1,947		1,152
Add: Provision (credit) for credit losses		236		(531)		954
Add: Adjustments to reflect net interest income on a fully taxable-equivalent basis		211		217		195
PPNR (non-GAAP)	$	8,151	$	9,807	$	7,607

COMPARISON OF INTEREST INCOME AND EXPENSE

(In Thousands)


	Three Months Ended
	March 31,		December 31,		March 31,
	2025		2024		2024
INTEREST INCOME
Interest-bearing due from banks	$	721	$	1,786	$	383
Available-for-sale debt securities:
Taxable		2,302		2,184		2,136
Tax-exempt		648		644		623
Total available-for-sale debt securities		2,950		2,828		2,759
Loans receivable:
Taxable		27,503		28,104		26,703
Tax-exempt		728		795		670
Total loans receivable		28,231		28,899		27,373
Other earning assets		18		33		16
Total Interest Income		31,920		33,546		30,531

INTEREST EXPENSE
Interest-bearing deposits:
Interest checking		2,727		3,269		2,806
Money market		1,981		2,333		2,180
Savings		49		50		55
Time deposits		4,835		4,931		3,850
Total interest-bearing deposits		9,592		10,583		8,891
Borrowed funds:
Short-term		0		27		597
Long-term - FHLB advances		1,789		1,894		1,456
Senior notes, net		121		121		120
Subordinated debt, net		232		231		231
Total borrowed funds		2,142		2,273		2,404
Total Interest Expense		11,734		12,856		11,295

Net Interest Income	$	20,186	$	20,690	$	19,236

Note: Interest income from tax-exempt securities and loans has been adjusted to a fully taxable-equivalent basis, using C&N’s marginal federal income tax rate of 21%. The following table is a reconciliation of net interest income under U.S. GAAP as compared to net interest income as adjusted to a fully taxable-equivalent basis.


(In Thousands)	Three Months Ended
	March 31,		December 31,		March 31,
	2025		2024		2024
Net Interest Income Under U.S. GAAP	$	19,975	$	20,473	$	19,041
Add: fully taxable-equivalent interest income adjustment from tax-exempt securities		75		69		69
Add: fully taxable-equivalent interest income adjustment from tax-exempt loans		136		148		126
Net Interest Income as adjusted to a fully taxable-equivalent basis	$	20,186	$	20,690	$	19,236

ANALYSIS OF AVERAGE DAILY BALANCES AND RATES

(Dollars in Thousands)


	3 Months				3 Months				3 Months
	Ended		Rate of		Ended		Rate of		Ended		Rate of
	3/31/2025		Return/		12/31/2024		Return/		3/31/2024		Return/
	Average		Cost of		Average		Cost of		Average		Cost of
	Balance		Funds %		Balance		Funds %		Balance		Funds %
EARNING ASSETS
Interest-bearing due from banks	$	67,896	4.31	%	$	150,003	4.74	%	$	32,725	4.71	%
Available-for-sale debt securities, at amortized cost:
Taxable		339,557	2.75	%		333,376	2.61	%		347,885	2.47	%
Tax-exempt		111,143	2.36	%		112,686	2.27	%		113,363	2.21	%
Total available-for-sale debt securities		450,700	2.65	%		446,062	2.52	%		461,248	2.41	%
Loans receivable:
Taxable		1,809,045	6.17	%		1,800,732	6.21	%		1,774,064	6.05	%
Tax-exempt		90,388	3.27	%		92,440	3.42	%		85,182	3.16	%
Total loans receivable		1,899,433	6.03	%		1,893,172	6.07	%		1,859,246	5.92	%
Other earning assets		1,777	4.11	%		2,147	6.11	%		1,384	4.65	%
Total Earning Assets		2,419,806	5.35	%		2,491,384	5.36	%		2,354,603	5.22	%
Cash		20,920				20,988				20,448
Unrealized loss on securities		(44,405)				(42,753)				(50,849)
Allowance for credit losses		(20,341)				(20,750)				(19,484)
Bank-owned life insurance		51,383				50,923				54,466
Bank premises and equipment		21,329				21,488				21,788
Intangible assets		54,530				54,632				54,925
Other assets		71,928				70,976				82,879
Total Assets	$	2,575,150			$	2,646,888			$	2,518,776

INTEREST-BEARING LIABILITIES
Interest-bearing deposits:
Interest checking	$	539,244	2.05	%	$	573,133	2.27	%	$	514,905	2.19	%
Money market		355,144	2.26	%		373,558	2.48	%		362,864	2.42	%
Savings		195,971	0.10	%		193,554	0.10	%		213,278	0.10	%
Time deposits		494,219	3.97	%		490,363	4.00	%		429,085	3.61	%
Total interest-bearing deposits		1,584,578	2.45	%		1,630,608	2.58	%		1,520,132	2.35	%
Borrowed funds:
Short-term		1,400	0.00	%		3,852	2.79	%		44,642	5.38	%
Long-term - FHLB advances		162,392	4.47	%		169,346	4.45	%		142,753	4.10	%
Senior notes, net		14,908	3.29	%		14,889	3.23	%		14,840	3.25	%
Subordinated debt, net		24,846	3.79	%		24,819	3.70	%		24,731	3.76	%
Total borrowed funds		203,546	4.27	%		212,906	4.25	%		226,966	4.26	%
Total Interest-bearing Liabilities		1,788,124	2.66	%		1,843,514	2.77	%		1,747,098	2.60	%
Demand deposits		476,604				496,161				481,146
Other liabilities		32,279				31,763				29,386
Total Liabilities		2,297,007				2,371,438				2,257,630
Stockholders' equity, excluding accumulated other comprehensive loss		312,427				308,472				301,032
Accumulated other comprehensive loss		(34,284)				(33,022)				(39,886)
Total Stockholders' Equity		278,143				275,450				261,146
Total Liabilities and Stockholders' Equity	$	2,575,150			$	2,646,888			$	2,518,776
Interest Rate Spread			2.69	%			2.59	%			2.62	%
Net Interest Income/Earning Assets			3.38	%			3.30	%			3.29	%

Total Deposits (Interest-bearing and Demand)	$	2,061,182			$	2,126,769			$	2,001,278

(1)Annualized rates of return on tax-exempt securities and loans are presented on a fully taxable-equivalent basis, using C&N’s marginal federal income tax rate of 21%.

(2)	Nonaccrual loans have been included with loans for the purpose of analyzing net interest earnings.

(3)	Rates of return on earning assets and costs of funds have been presented on an annualized basis.

COMPARISON OF NONINTEREST INCOME

(In Thousands)


	Three Months Ended
	March 31,		December 31,		March 31,
	2025		2024		2024
Trust revenue	$	2,102	$	2,071	$	1,897
Brokerage and insurance revenue		498		682		539
Service charges on deposit accounts		1,440		1,531		1,318
Interchange revenue from debit card transactions		1,036		1,071		1,013
Net gains from sales of loans		205		372		191
Loan servicing fees, net		138		215		230
Increase in cash surrender value of life insurance		457		458		470
Other noninterest income		1,132		1,147		1,017
Total noninterest income	$	7,008	$	7,547	$	6,675

COMPARISON OF NONINTEREST EXPENSE

(In Thousands)


	Three Months Ended
	March 31,		December 31,		March 31,
	2025		2024		2024
Salaries and employee benefits	$	11,759	$	11,470	$	11,562
Net occupancy and equipment expense		1,459		1,313		1,450
Data processing and telecommunications expenses		2,071		1,891		1,992
Automated teller machine and interchange expense		387		348		487
Pennsylvania shares tax		496		433		433
Professional fees		517		550		518
Other noninterest expense		2,354		2,425		1,862
Total noninterest expense	$	19,043	$	18,430	$	18,304

LIQUIDITY INFORMATION

(In Thousands)


Available Credit Facilities	Outstanding						Available						Total Credit
	March 31,		Dec. 31,		March 31,		March 31,		Dec. 31,		March 31,		March 31,		Dec. 31,		March 31,
	2025		2024		2024		2025		2024		2024		2025		2024		2024
Federal Home Loan Bank of Pittsburgh	$	176,540	$	188,692	$	215,018	$	772,430	$	749,999	$	712,932	$	948,970	$	938,691	$	927,950
Federal Reserve Bank Discount Window		0		0		0		17,431		18,093		19,063		17,431		18,093		19,063
Other correspondent banks		0		0		0		75,000		75,000		75,000		75,000		75,000		75,000
Total credit facilities	$	176,540	$	188,692	$	215,018	$	864,861	$	843,092	$	806,995	$	1,041,401	$	1,031,784	$	1,022,013


Uninsured Deposits Information	March 31,			December 31,			March 31,
	2025			2024			2024
Total Deposits - C&N Bank	$	2,120,521		$	2,111,547		$	2,012,167

Estimated Total Uninsured Deposits	$	621,542		$	632,804		$	568,085
Portion of Uninsured Deposits that are
Collateralized		138,178			161,958			140,063
Uninsured and Uncollateralized Deposits	$	483,364		$	470,846		$	428,022

Uninsured and Uncollateralized Deposits as
a % of Total Deposits		22.8	%		22.3	%		21.3	%

Available Funding from Credit Facilities	$	864,861		$	843,092		$	806,995
Fair Value of Available-for-sale Debt
Securities in Excess of Pledging Obligations		270,496			236,945			259,489
Highly Liquid Available Funding	$	1,135,357		$	1,080,037		$	1,066,484

Highly Liquid Available Funding as a % of
Uninsured Deposits		182.7	%		170.7	%		187.7	%

Highly Liquid Available Funding as a % of
Uninsured and Uncollateralized Deposits		234.9	%		229.4	%		249.2	%