Company: CCNE
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000736772-25-000169
Chunk: 269

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 2
Chunk 269
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 more information about pooling of loans receivable for the allowance for credit losses.

The following table presents average balances of certain measures of our financial condition and net interest margin for the three months ended June 30, 2025 and 2024: 

Average Balances, Income and Interest Rates on a Taxable Equivalent BasisFor the Three Months Ended, June 30, 2025June 30, 2024AverageBalanceAnnualRateInterestInc./Exp.AverageBalanceAnnualRateInterestInc./Exp.ASSETS:Securities:Taxable (1) (4)$771,152 2.82 %$5,696 $702,036 2.09 %$3,941 Tax-exempt (1) (2) (4)24,260 2.64 174 25,088 2.59 178 Equity securities (1) (2)7,670 5.44 104 6,963 5.72 99 Total securities (4)803,082 2.83 5,974 734,087 2.14 4,218 Loans receivable:Commercial (2) (3)1,473,560 6.71 24,664 1,416,476 6.85 24,133 Mortgage and loans held for sale (2) (3)3,068,519 6.18 47,295 2,897,473 6.15 44,331 Consumer (3)125,972 11.72 3,681 127,684 12.17 3,863 Total loans receivable (3)4,668,051 6.50 75,640 4,441,633 6.55 72,327 Interest-bearing deposits with the Federal Reserve and other financial institutions345,988 5.13 4,422 289,925 5.99 4,321 Total earning assets5,817,121 5.89 $86,036 5,465,645 5.89 $80,866 Noninterest-bearing assets:Cash and cash equivalents due from banks58,530 53,710 Premises and equipment129,093 112,386 Other assets277,241 268,930 Allowance for credit losses(46,949)(45,693)Total non interest-bearing assets417,