CNB Financial reported higher quarter earnings after buying FC Bancorp in Ohio.

The $2.2 billion-asset company reported an 18% increase in third-quarter earnings from a year earlier, to $5.5 million. Earnings per share of 39 cents were 3 cents higher than the average estimate of analysts polled by Bloomberg.

Net interest income rose 26%, to $18.4 million. The net interest margin expanded by 38 basis points, to 3.76%.

Noninterest income rose 8%, to reached $3.5 million.

Noninterest expenses rose 27%, to $13.2 million. Nonperforming assets fell 18%, to were $11.9 million.

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