Company: CCNE
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000736772-25-000169
Chunk: 17

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 17
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(12,990)86,691 (13,080)Residential & multi-family mortgage118,057 (810)159,576 (33,323)277,633 (34,133)Corporate notes and bonds987 (13)34,224 (3,799)35,211 (3,812)Pooled SBA410 (2)8,250 (736)8,660 (738)$126,222 $(916)$285,562 $(50,849)$411,784 $(51,765)HTM debt securities with unrealized losses at June 30, 2025 and December 31, 2024, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, were as follows:June 30, 2025 Less than 12 Months12 Months or MoreTotalDescription of SecuritiesFairValueUnrealizedLossFairValueUnrealizedLossFairValueUnrealizedLossU.S. Government sponsored entities$— $— $192,156 $(8,812)$192,156 $(8,812)Residential & multi-family mortgage— — 61,451 (7,613)61,451 (7,613)$— $— $253,607 $(16,425)$253,607 $(16,425)December 31, 2024  Less than 12 Months12 Months or MoreTotal FairValueUnrealizedLossFairValueUnrealizedLossFairValueUnrealizedLossU.S. Government sponsored entities$— $— $216,150 $(13,354)$216,150 $(13,354)Residential & multi-family mortgage— — 66,820 (9,757)66,820 (9,757)$— $— $282,970 $(23,111)$282,970 $(23,111)At June 30, 2025 and December 31, 2024, management performed an assessment for possible impairment related to credit losses of the Corporation's debt securities, relying on information obtained from various sources, including publicly available financial data, ratings by external agencies, brokers and other sources. Based on the results of the assessment, management believes there is no credit related impairment of these debt securities at June 30, 2025 and December 31, 2024.First, an