CNB Financial Corp. (CCNE) Reports Decrease in Net Income for First Quarter of 2010
CNB Financial Corp. reported net income of $2.16 million, or $0.25 per share, in the first quarter of 2010, down slightly from the $2.22 million, or $0.26 per share, in the first quarter of 2009. The bank showed strong growth on a year over year basis in deposits and net loans at the end of the first quarter of 2010. CNB Financial Corporation reported net loans of $704.8 million in the first quarter of 2010, up 5% from 3/31/2009. CNB Financial Corporation reported deposits of $1.03 billion in the first quarter of 2010, up 25% from the same quarter of…