Company: CCNE
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000736772-25-000169
Chunk: 264

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 2
Chunk 264
---
01 3,097,598 3.57 Time deposits743,280 3.92 510,649 3.93 Total$5,388,060 $5,082,948 

 Six Months Ended June 30, 20252024 AverageAmountAnnualRateAverageAmountAnnualRateDemand, noninterest-bearing$821,927 — %$749,124 — %Demand, interest-bearing706,412 0.93 726,681 0.70 Savings deposits3,119,542 3.05 3,031,438 3.52 Time deposits740,719 3.96 517,287 3.78 Total$5,388,600 $5,024,530 

At June 30, 2025, the average deposit balance per account for the Bank was approximately $34 thousand, which has remained stable at this level for an extended period.

The following table presents additional information about our June 30, 2025 and December 31, 2024 deposits:

June 30, 2025December 31, 2024Time deposits not covered by deposit insurance$62,145 $58,330 Total deposits not covered by deposit insurance1,594,402 1,516,839 

At June 30, 2025, the total estimated uninsured deposits for the Bank were approximately $1.6 billion, or approximately 28.62% of total Bank deposits. However, when excluding $103.5 million of affiliate company deposits and $509.0 million of pledged-investment collateralized deposits, the adjusted amount and percentage of total estimated uninsured deposits was approximately $982.0 million, or approximately 17.63% of total Bank deposits as of June 30, 2025.

At December 31, 2024, the total estimated uninsured deposits for the Bank were approximately $1.5 billion, or approximately 27.71% of total Bank deposits. However, when excluding affiliate company deposits of $101.9 million and pledged-investment collateralized deposits of $429.0 million, the adjusted amount and percentage of total estimated uninsured deposits was approximately $986.0 million, or approximately 18.01% of total Bank deposits as of December 31, 2024.

Scheduled maturities of time deposits not covered by deposit insurance at June 30, 2025 were as follows:

June 30,