Company: CCNE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000736772-25-000202
Chunk: 232

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 232
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 the first three quarters of 2025 compared to 2024, coupled with the Corporation's scheduled bond maturities, which were all realized at par. Importantly, all regulatory capital ratios for the Corporation would exceed regulatory "well-capitalized" levels as of both September 30, 2025 and December 31, 2024 if the net unrealized losses at the respective dates were fully recognized.

67

AVERAGE BALANCES, INTEREST RATES AND YIELDS

The loans receivable categories used to monitor and analyze interest income and yields are different than the portfolio segments used to determine the allowance for credit losses for loans receivable. The allowance for credit losses was calculated by pooling loans of similar credit risk characteristics and credit monitoring procedures. See Note 5, "Loans Receivable and Allowance for Credit Losses," for 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 September 30, 2025 and 2024: 

Average Balances, Income and Interest Rates on a Taxable Equivalent BasisFor the Three Months Ended, September 30, 2025September 30, 2024AverageBalanceAnnualRateInterestInc./Exp.AverageBalanceAnnualRateInterestInc./Exp.ASSETS:Securities:Taxable (1) (4)$797,866 2.92 %$6,151 $690,098 2.14 %$3,980 Tax-exempt (1) (2) (4)24,531 2.62 174 25,368 2.57 178 Equity securities (1) (2)21,044 1.79 95 7,111 5.71 102 Total securities (4)843,441 2.89 6,420 722,577 2.19 4,260 Loans receivable:Commercial (2) (3)1,642,742 6.98 28,921 1,457,192 7.02 25,708 Commercial & residential mortgages and loans held for sale (2) (3)4,201,346 6.21 65,752 2,947,787 6.25 46,278 Consumer (3)127,353 11.53 3,701 131,723 11.93