Company: CCNE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000736772-25-000202
Chunk: 157

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 157
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,400,512 $4,561,599 Net deferred loan origination fees included in the above table$71 $49 The Corporation's outstanding loans receivable and related unfunded commitments are primarily concentrated within Central, Northwest and Northeast regions of Pennsylvania, Central and Northeast Ohio, Western New York and Southwest Virginia. The Bank attempts to limit concentrations within specific industries by utilizing dollar limitations to single industries or customers, and by entering into participation agreements with third parties. Collateral requirements are established based on management's assessment of the customer. The Corporation maintains lending policies to control the quality of the loan portfolio. These policies delegate the authority to extend loans under specific guidelines and underwriting standards. These policies are prepared by the Corporation's management and reviewed and approved annually by the Corporation's Board of Directors.Syndicated loans, net of deferred fees and costs, are included in the commercial and industrial classification and totaled $71.9 million and $79.9 million as of September 30, 2025 and December 31, 2024, respectively.

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Transactions in the allowance for credit losses for the three months ended September 30, 2025 were as follows:BeginningAllowanceInitial Allowance on ESSA PCD Acquired Loans(Charge-offs)RecoveriesProvision (Benefit) for Credit Losses on Loans Receivable(1)(2)Ending AllowanceFarmland$157 $— $— $— $— $157 Owner-occupied, nonfarm nonresidential properties4,527 352 — — 1,825 6,704 Agricultural production and other loans to farmers37 — — — — 37 Loans to depository institutions— — — — 60 60 Commercial and Industrial8,343 244 (164)9 586 9,018 Obligations (other than securities and leases) of states and political subdivisions1,328 94 — — 573 1,995 Other loans414 — — — 52 466 Other construction loans and all land development and other land loans2,735 444 — — 636 3,815 Multifamily (5 or more) residential properties2,605 50 — — 1,799 4,454 Non-owner occupied, nonfarm nonresidential properties10,389 294 — —