Company: CCNE
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0000736772-25-000087
Chunk: 59

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 1
Chunk 59
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883 Net loans receivable4,562,652 — — 4,497,942 4,497,942 FHLB and other restricted stock holdings and investments41,844 n/an/an/an/aInterest rate swaps826 — 826 — 826 Accrued interest receivable24,515 266 3,000 21,249 24,515 LIABILITIESDeposits$(5,460,078)$(4,722,476)$(734,359)$— $(5,456,835)Subordinated notes and debentures(105,266)— (123,648)— (123,648)Interest rate swaps(826)— (826)— (826)Accrued interest payable(7,318)— (7,318)— (7,318)The following table presents the carrying amount and fair value of financial instruments at December 31, 2024: CarryingFair Value Measurement Using:Total AmountLevel 1Level 2Level 3Fair ValueASSETSCash and cash equivalents$443,035 $443,035 $— $— $443,035 Debt securities available-for-sale468,546 14,810 453,736 — 468,546 Debt securities held-to-maturity306,081 71,323 211,647 — 282,970 Equity securities10,456 8,765 1,691 — 10,456 Loans held for sale762 — 766 — 766 Net loans receivable4,561,599 — — 4,495,097 4,495,097 FHLB and other restricted stock holdings and investments40,702 n/an/an/an/aInterest rate swaps423 — 423 — 423 Accrued interest receivable24,739 385 2,766 21,588 24,739 LIABILITIESDeposits$(5,371,364)$(4,648,504)$(718,328)$— $(5,366,832)Subordinated notes and debentures(105,190)— (124,515)— (124,515)Interest rate swaps(423)— (423)— (423)Accrued interest payable(7,152)— (7,152)— (7,152)While