Company: CCNE
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0000736772-25-000087
Chunk: 217

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 2
Chunk 217
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,544 454 13,205 1,001 16,204 Other revolving credit plans8,238 2,198 23,606 1,273 35,315 Automobile— — — — — Other consumer6 66 85 59 216 Credit cards13,978 — — — 13,978 Overdrafts191 — — — 191 Total$663,513 $561,213 $1,248,350 $740,607 $3,213,683 (1) 1-4 family construction loans and other construction loans and all land development and other land loans segments include loans that are construction to permanent loans in which the loan segment will change when the construction period has concluded.

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Loans Receivable Concentration

At March 31, 2025, no industry concentration existed which exceeded 10% of the total loan portfolio.

Loans Receivable Credit Quality

The following table presents information concerning the loan portfolio delinquency and other nonperforming assets at March 31, 2025 and December 31, 2024:

March 31, 2025December 31, 2024Nonaccrual loans$54,079 $56,323 Accrual loans greater than 90 days past due308 653 Total nonperforming loans54,387 56,976 Other real estate owned1,664 2,509 Total nonperforming assets$56,051 $59,485 Total loans receivable$4,610,009 $4,608,956 Nonaccrual loans as a percentage of total loans receivable1.17 %1.22 %Total assets$6,295,508 $6,192,010 Nonperforming assets as a percentage of total assets0.89 %0.96 %Allowance for credit losses on loans receivable$47,357 $47,357 Allowance for credit losses / Total loans1.03 %1.03 %Ratio of allowance for credit losses to nonaccrual loans    87.57 %84.08 %

Total nonperforming assets were $56.1 million, or 0.89% of total assets, as of March 31, 2025, compared to $59.5 million, or 0.96%