Company: CCNE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000736772-25-000202
Chunk: 203

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 203
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 Valuation of third party appraisal on underlying collateralLoss severity rates38% (38%)Multifamily (5 or more) residential properties19,773 Valuation of third party appraisal on underlying collateralLoss severity rates10% (10%)Non-owner occupied, nonfarm nonresidential5,225 Valuation of third party appraisal on underlying collateralLoss severity rates51% (51%)Home equity lines of credit290 Valuation of third party appraisal on underlying collateralLoss severity rates25%-29% (28%)Residential mortgages secured by first liens1,173 Valuation of third party appraisal on underlying collateralLoss severity rates22%-51% (34%)

48

Fair Value of Financial InstrumentsThe following table presents the carrying amount and fair value of financial instruments at September 30, 2025: CarryingFair Value Measurement Using:Total AmountLevel 1Level 2Level 3Fair ValueASSETSCash and cash equivalents$438,088 $438,088 $— $— $438,088 Debt securities available-for-sale533,553 49,962 483,591 — 533,553 Debt securities held-to-maturity249,247 58,055 177,059 — 235,114 Equity securities10,505 8,878 1,627 — 10,505 Loans held for sale— — — — — Net loans receivable6,400,512 — — 6,257,753 6,257,753 FHLB and other restricted stock holdings and investments60,859 n/an/an/an/aInterest rate swaps6,429 — 6,429 — 6,429 Accrued interest receivable33,779 623 2,930 30,226 33,779 LIABILITIESDeposits$(6,900,267)$(5,762,677)$(1,135,223)$— $(6,897,900)Short-term borrowings(181,604)— (182,054)— (182,054)Subordinated notes and debentures(105,418)— (121,327)— (121,327)Deposits held for sale(92,830)(18,238)(74,544)— (92,782)Interest rate swaps(6,429)— (6,429)— (6,