Company: CCNE
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0000736772-25-000087
Chunk: 56

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 1
Chunk 56
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— $(423)$— 

38

Assets and liabilities measured at fair value on a non-recurring basis are as follows at March 31, 2025 and December 31, 2024:  Fair Value Measurements at March 31, 2025 UsingDescriptionTotalQuoted Prices inActive Markets forIdentical Assets(Level 1)Significant OtherObservable Inputs(Level 2)SignificantUnobservableInputs(Level 3)Assets:Collateral-dependent loans receivable:Farmland$352 $— $— $352 Owner-occupied, nonfarm nonresidential properties2,505 — — 2,505 Commercial and industrial2,285 — — 2,285 Other construction loans and all land development loans and other land loans1,174 — — 1,174 Multifamily (5 or more) residential properties19,648 — — 19,648 Non-owner occupied, nonfarm nonresidential5,225 — — 5,225 Home equity lines of credit290 — — 290 Residential Mortgages secured by first liens1,134 — — 1,134   Fair Value Measurements at December 31, 2024 UsingDescriptionTotalQuoted Prices inActive Markets forIdentical Assets(Level 1)Significant OtherObservable Inputs(Level 2)SignificantUnobservableInputs(Level 3)Assets:Collateral-dependent loans receivable:Farmland$352 $— $— $352 Owner-occupied, nonfarm nonresidential properties2,531 — — 2,531 Commercial and industrial2,334 — — 2,334 Other construction loans and all land development loans and other land loans1,196 — — 1,196 Multifamily (5 or more) residential properties19,773 — — 19,773 Non-owner occupied, nonfarm nonresidential5,225 — — 5,225 Home equity lines of credit290 — — 290 Residential mortgages secured by first liens1,173 — — 1,173 A loan is considered to be a collateral dependent loan when, based on current information and events, the Corporation expects repayment of the financial assets to be provided substantially through the operation or sale of the collateral