Company: CCNE
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000736772-25-000169
Chunk: 210

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 210
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Obligations (other than securities and leases) of states and political subdivisions17 — 154,967 — Other loans25 — 26,289 — Other construction loans and all land development and other land loans(1,141)— 481,769 — Multifamily (5 or more) residential properties343 — 261,660 — Non-owner occupied, nonfarm nonresidential properties1,282 (349)887,762 (0.16)1-4 Family Construction(156)— 37,528 — Home equity lines of credit136 2 138,760 0.01 Residential Mortgages secured by first liens566 — 994,936 — Residential Mortgages secured by junior liens167 — 95,058 — Other revolving credit plans147 (67)39,284 (0.69)Automobile(4)(13)22,838 (0.23)Other consumer591 (500)50,513 (3.98)Credit cards13 (8)14,810 (0.22)Overdrafts63 (100)239 (168.28)Total$2,504 $(2,804)$4,441,633 (0.25)%

(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. 

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Six Months Ended June 30, 2024Provision (Benefit) for Credit Losses on Loans Receivable (1)Net(Charge-Offs)RecoveriesAverage Loans ReceivableRatio of Annualized Net (Charge-Offs) Recoveries to Average Loans ReceivableFarmland$16 $— $32,145 — %Owner-occupied, nonfarm nonresidential properties1,551 (682)520,421 (0.26)Agricultural production and other loans to farmers1 — 1,702 — Commercial and Industrial(671)(1,716)688,380 (0.50)Obligations (other than securities and leases) of states and political subdivisions(73)— 154,606 — Other loans14 — 25,