Company: CCNE
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000736772-25-000169
Chunk: 81

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 81
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 — 155 Total$624,346 $618,035 $1,256,357 $771,862 $3,270,600 (1) 1-4 family construction loans and other construction loans and all land development and other land loans segments include loans that are construction to permanent loans in which the loan segment will change when the construction period has concluded.

56

Loans Receivable Concentration

At June 30, 2025, no industry concentration existed which exceeded 10% of the total loan portfolio.

Loans Receivable Credit Quality

The following table presents information concerning the loan portfolio delinquency and other nonperforming assets at June 30, 2025 and December 31, 2024:

June 30, 2025December 31, 2024Nonaccrual loans$28,509 $56,323 Accrual loans greater than 90 days past due256 653 Total nonperforming loans28,765 56,976 Other real estate owned1,624 2,509 Total nonperforming assets$30,389 $59,485 Total loans receivable$4,733,420 $4,608,956 Nonaccrual loans as a percentage of total loans receivable0.60 %1.22 %Total assets$6,318,477 $6,192,010 Nonperforming assets as a percentage of total assets0.48 %0.96 %Allowance for credit losses on loans receivable$48,329 $47,357 Allowance for credit losses / Total loans1.02 %1.03 %Ratio of allowance for credit losses to nonaccrual loans    169.52 %84.08 %

Total nonperforming assets were $30.4 million, or 0.48% of total assets, as of June 30, 2025, compared to $59.5 million, or 0.96% of total assets, as of December 31, 2024. In addition, the allowance for credit losses as a percentage of nonaccrual loans was 169.52% at June 30, 2025, compared to 84.08% at December 31, 2024. The decrease in nonperforming assets for the six months ended June 30, 2025, compared to December 31,