Company: CCNE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000736772-25-000202
Chunk: 152

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 152
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247 $— $(14,133)$— $235,114  December 31, 2024 AmortizedUnrealizedAllowance ForFair CostGainsLossesCredit LossesValueU.S. Government sponsored entities$229,504 $— $(13,354)$— $216,150 Residential & multi-family mortgage76,577 — (9,757)— 66,820 Total$306,081 $— $(23,111)$— $282,970 Information pertaining to security sales on AFS securities is as follows:ProceedsGrossGainsGrossLossesThree months ended September 30, 2025$258,295 $397 $— Three months ended September 30, 202446 — (9)Nine months ended September 30, 2025258,295 397 — Nine months ended September 30, 202446 — (9)The tax provision related to these net realized gains (losses) was $83 thousand for the three and nine months ended September 30, 2025 and $(2) thousand for the three and nine months ended September 30, 2024, respectively.Following the Merger, CNB sold 243 AFS securities with total proceeds from sales of $204.1 million 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 

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