Company: CCNE
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000736772-25-000169
Chunk: 211

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 211
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843 — Other construction loans and all land development and other land loans284 — 485,311 — Multifamily (5 or more) residential properties159 — 255,955 — Non-owner occupied, nonfarm nonresidential properties284 (349)878,686 (0.08)1-4 Family Construction(44)— 42,756 — Home equity lines of credit188 3 135,661 — Residential Mortgages secured by first liens724 (64)991,936 (0.01)Residential Mortgages secured by junior liens111 — 93,520 — Other revolving credit plans36 (79)40,296 (0.39)Automobile(53)(20)23,589 (0.17)Other consumer1,136 (990)50,330 (3.96)Credit cards40 (32)13,861 (0.46)Overdrafts145 (219)248 (177.58)Total$3,848 $(4,148)$4,435,246 (0.19)%

(1) Excludes provision for credit losses related to unfunded commitments. Note 9, "Off-Balance Sheet Commitments and Contingencies," to the condensed consolidated financial statements provides more detail concerning the provision for credit losses related to unfunded commitments of the Corporation. 

Provision for credit losses was $4.3 million and $5.9 million for the three and six months ended June 30, 2025, compared to $2.6 million and $3.9 million for the three and six months ended June 30, 2024. Included in the provision for credit losses for the three and six months ended June 30, 2025 was $63 thousand and $180 thousand related to the allowance for unfunded commitments compared to $87 thousand and $63 thousand towards the allowance for unfunded commitments for the three and six months ended June 30, 2024.

DEPOSITS

The Corporation's sources of funds are deposits, borrowings, amortization and repayment of loan principal, interest earned on or maturation of investment securities, and funds provided from operations. The Corporation considers deposits to be its primary source of funding in support of growth in assets.

June 30, 2025Percent of Deposits in Each Category to Total DepositsDecember 31,