Company: CCNE
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0000736772-25-000071
Chunk: 179

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-06
Form: 10-K
Item: Item 8
Chunk 179
---
 1 pricing instruments.Assets and liabilities measured at fair value on a non-recurring basis are as follows at December 31, 2024 and 2023:   Fair Value Measurements at December 31, 2024 UsingDescriptionTotalQuoted Prices inActive Markets forIdentical Assets(Level 1)Significant OtherObservable Inputs(Level 2)SignificantUnobservableInputs(Level 3)Assets:Collateral-dependent loans:Farmland$352 $— $— $352 Owner-occupied, nonfarm nonresidential properties2,531 — — 2,531 Commercial and industrial2,334 — — 2,334 Other construction loans and all land development loans and other land loans1,196 — — 1,196 Multifamily (5 or more) residential properties19,773 — — 19,773 Non-owner occupied, nonfarm nonresidential5,225 — — 5,225 Home equity lines of credit290 — — 290 Residential mortgages secured by first liens1,173 — — 1,173   Fair Value Measurements at December 31, 2023 UsingDescriptionTotalQuoted Prices inActive Markets forIdentical Assets(Level 1)Significant OtherObservable Inputs(Level 2)SignificantUnobservableInputs(Level 3)Assets:Collateral-dependent loans:Farmland$736 $— $— $736 Owner-occupied, nonfarm nonresidential properties5,589 — — 5,589 Commercial and industrial7,425 — — 7,425 Other construction loans and all land development loans and other land loans1,299 — — 1,299 Multifamily (5 or more) residential properties305 — — 305 Non-owner occupied, nonfarm nonresidential7,216 — — 7,216 Home equity lines of credit308 — — 308 Residential mortgages secured by first liens871 — — 871 

104

A loan is considered to be a collateral dependent loan when, based on current information and events, the Corporation expects repayment of the financial assets to be provided substantially through the operation or sale of the collateral and the Corporation has determined that the borrower is experiencing financial difficulty as of the measurement date. The