Company: CCNE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000736772-25-000202
Chunk: 22

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 22
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 resulting in no gain or loss on sale.The table below illustrates the maturity distribution of debt securities at amortized cost and fair value as of September 30, 2025:Available-for-saleHeld-to-maturityAmortizedCostFairValueAmortizedCostFairValue1 year or less$3,857 $3,843 $55,093 $54,356 1 year – 5 years68,111 64,908 113,517 108,458 5 years – 10 years139,464 134,412 13,894 12,304 After 10 years15,316 11,844 — — 226,748 215,007 182,504 175,118 Residential & multi-family mortgage334,334 310,827 66,743 59,996 Pooled SBA8,159 7,719 — — Total debt securities$569,241 $533,553 $249,247 $235,114 

15

Mortgage securities and pooled Small Business Administration ("SBA") securities are not due at a single date; periodic payments are received based on the payment patterns of the underlying collateral.On September 30, 2025 and December 31, 2024, securities carried at $587.7 million and $443.9 million, respectively, were pledged to secure public deposits and for other purposes as provided by law.At September 30, 2025 and December 31, 2024, there were no holdings of securities of any one issuer, other than the U.S. Government sponsored entities, in an amount greater than 10% of shareholders' equity. The Corporation's residential and multi-family mortgage securities are issued by government sponsored entities.AFS debt securities with unrealized losses at September 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:September 30, 2025 Less than 12 Months12 Months or MoreTotalDescription of SecuritiesFairValueUnrealizedLossFairValueUnrealizedLossFairValueUnrealizedLossU.S. Government sponsored entities$30,970 $(46)$— $— $30,970 $(46)State & political subdivisions— — 77,758 (9,429)77,758 (9,429)Res