Company: CCNE
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0000736772-25-000071
Chunk: 77

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-06
Form: 10-K
Item: Item 7
Chunk 77
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 subdivisions(1,258)— 151,788 — Other loans(60)— 26,831 — Other construction loans and all land development and other land loans(248)(11)401,083 — Multifamily (5 or more) residential properties1,718 — 310,485 — Non-owner occupied, nonfarm nonresidential properties1,248 (921)927,788 (0.10)1-4 Family Construction7 — 34,451 — Home equity lines of credit491 5 145,978 — Residential Mortgages secured by first liens763 (79)1,003,331 (0.01)Residential Mortgages secured by junior liens(144)— 97,421 — Other revolving credit plans109 (126)40,971 (0.31)Automobile55 (140)22,821 (0.61)Other consumer2,138 (1,902)51,793 (3.67)Credit cards158 (126)14,274 (0.88)Overdrafts415 (450)241 (186.72)Total$9,037 $(7,512)$4,491,304 (0.17)%

(1) Excludes provision for credit losses totaling $944 thousand 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. 

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Year Ended December 31, 2023 (1)Provision (Benefit) for Credit Losses on Loans Receivable (2)Net(Charge-Offs)RecoveriesAverage Loans ReceivableRatio of Annualized Net (Charge-Offs) Recoveries to Average Loans ReceivableFarmland$(21)$— $34,397 — %Owner-occupied, nonfarm nonresidential properties1,223 3 502,925 — Agricultural production and other loans to farmers1 — 1,255 — Commercial and Industrial(312)46 777,991 0.01 Obligations (other than securities and leases) of states and political subdivisions764 — 154,225 — Other loans(67)— 30,410 — Other construction loans