Company: CCNE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000736772-25-000202
Chunk: 267

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 2
Chunk 267
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2.38% of total Corporation loans outstanding;

◦There were no nonaccrual commercial office loans;

◦There were no past-due commercial office loans; 

◦The average outstanding balance per commercial office loan was $1.0 million; and

◦Included in the above commercial office loan metrics were 40 outstanding loans, totaling $44.1million acquired from the Merger.

•Commercial hospitality loans:

◦There were 159 outstanding loans, totaling $332.5 million, or 5.14% of total Corporation loans outstanding;

◦There were no nonaccrual commercial hospitality loans; 

◦There were no past-due commercial hospitality loans;

◦The average outstanding balance per commercial hospitality loan was $2.1 million; and

◦Included in the above commercial hospitality loan metrics were nine outstanding loans, totaling $18.3 million acquired from the Merger.

•Commercial multifamily loans:

◦There were 378 outstanding loans, totaling $639.7 million, or 9.89% of total Corporation loans outstanding;

◦There were four nonaccrual commercial multifamily loans that totaled $2.7 million, or 0.43% of total multifamily loans outstanding;

◦There were two past-due commercial multifamily loans that totaled $2.4 million, or 0.38% of total multifamily loans outstanding; 

◦The average outstanding balance per commercial multifamily loan was $1.7 million; and

◦Included in the above commercial multifamily loan metrics were 161 outstanding loans, totaling $226.4 million acquired from the Merger. In addition, there were three nonaccrual loans that totaled $2.5 million and two past-due loans that totaled $2.4 million.

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The following table summarizes the geographic region (based upon metropolitan statistical areas) in which the commercial office, hospitality and multifamily loans were originated as of September 30, 2025:

 September 30, 2025Commercial OfficeGeographic Region:Buffalo, NY23.46 %Cleveland, OH21.29 Allentown-Bethlehem-Easton, PA7.84 Cincinnati, OH7.10 Erie-Meadville, PA4.04 All other geographical regions36.27 Total Commercial Office100.00 %Commercial HospitalityGeographic Region:Buffalo, NY19.01 %Pittsburgh, PA16.38