Company: CCNE
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0000736772-25-000071
Chunk: 152

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-06
Form: 10-K
Item: Item 8
Chunk 152
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 (2,094)192 2,138 2,892 Credit cards95 (143)17 158 127 Overdrafts292 (544)94 415 257 Total loans$45,832 $(8,020)$508 $9,037 $47,357 (1) As previously disclosed in the Corporation’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, and Note 1, "Summary of Significant Accounting Policies," immaterial revisions were made to the beginning allowance column disclosure as of December 31, 2023, to reflect the revisions for the applicable portfolio segments.(2) Excludes provision for credit losses related to unfunded commitments. Note 18, "Off-Balance Sheet Commitments and Contingencies," in the consolidated financial statements provides more detail concerning the provision for credit losses related to unfunded commitments of the Corporation.Transactions in the allowance for credit losses for the year ended December 31, 2023 were as follows:BeginningAllowance(Charge-offs)RecoveriesProvision (Benefit) for Credit Losses on Loans Receivable (1)(2)EndingAllowance (2)Farmland$159 $— $— $(21)$138 Owner-occupied, nonfarm nonresidential properties2,905 (26)29 1,223 4,131 Agricultural production and other loans to farmers6 — — 1 7 Commercial and Industrial9,766 (392)438 (312)9,500 Obligations (other than securities and leases) of states and political subdivisions1,863 — — 764 2,627 Other loans456 — — (67)389 Other construction loans and all land development and other land loans3,253 — — (423)2,830 Multifamily (5 or more) residential properties2,353 (65)6 (1,043)1,251 Non-owner occupied, nonfarm nonresidential properties7,653 (694)10 2,814 9,783 1-4 Family Construction327 — — (136)191 Home equity lines of credit1,173 (10)5 (324)844 Residential Mortgages secured by first liens8,484 (117)3 (96)8,