Company: CCNE
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0000736772-25-000071
Chunk: 207

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-03-06
Form: 10-K
Item: Item 8
Chunk 207
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 18,020 Diluted earnings per common share$2.39 $2.55 $3.26 

122

21.  Other Comprehensive Income

Other comprehensive income components and related tax effects were as follows for the years ended December 31, 2024, 2023, and 2022:December 31, 2024December 31, 2023December 31, 2022Unrealized holding gains (losses) on available-for-sale securities$2,245 $7,785 $(67,167)Less reclassification adjustment for gains recognized in earnings(74)(52)(651)Net unrealized gains (losses)2,171 7,733 (67,818)Tax effect(456)(1,624)14,242 Net-of-tax amount1,715 6,109 (53,576)Amortization of unrealized gains from held-to-maturity securities690 748 1,107 Tax effect(145)(157)(232)Net-of-tax amount545 591 875 Actuarial gains (losses) on postemployment health care plan478 (2)303 Net amortization of transition obligation and actuarial gain(168)(174)(113)Net unrealized gains (losses) on postemployment health care plan310 (176)190 Tax effect(65)37 (40)Net-of-tax amount245 (139)150 Unrealized gains on interest rate swap— — 411 Less reclassification adjustment for gains (losses) recognized in earnings— (151)127 Net unrealized gains (losses)— (151)538 Tax effect— 32 (113)Net-of-tax amount— (119)425 Other comprehensive income (loss)$2,505 $6,442 $(52,126)The following is a summary of the change in the accumulated other comprehensive income (loss) balance, net of tax, for the years ended December 31, 2024, 2023, and 2022.BalanceDecember 31, 2023ComprehensiveIncome (Loss)BalanceDecember 31, 2024Unrealized gains on securities available-for-sale$(48,173)$1,715 $(46,458)Amortization of unrealized gains from held-to-maturity securities1,466 545 2,011 Unrealized gains