Company: CCNE
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000736772-25-000169
Chunk: 187

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 187
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 at December 31, 2024:FairvalueValuationTechniqueUnobservable InputsRange(WeightedAverage)Collateral-dependent loans receivable:Farmland$352 Valuation of third party appraisal on underlying collateralLoss severity rates37% (37%)Owner-occupied, nonfarm nonresidential properties2,531 Valuation of third party appraisal on underlying collateralLoss severity rates22%-44% (25%)Commercial and industrial2,334 Valuation of third party appraisal on underlying collateralLoss severity rates9%-100% (31%)Other construction loans and all land development loans and other land loans1,196 Valuation of third party appraisal on underlying collateralLoss severity rates38% (38%)Multifamily (5 or more) residential properties19,773 Valuation of third party appraisal on underlying collateralLoss severity rates10% (10%)Non-owner occupied, nonfarm nonresidential5,225 Valuation of third party appraisal on underlying collateralLoss severity rates51% (51%)Home equity lines of credit290 Valuation of third party appraisal on underlying collateralLoss severity rates25%-29% (28%)Residential mortgages secured by first liens1,173 Valuation of third party appraisal on underlying collateralLoss severity rates22%-51% (34%)

45

Fair Value of Financial InstrumentsThe following table presents the carrying amount and fair value of financial instruments at June 30, 2025: CarryingFair Value Measurement Using:Total AmountLevel 1Level 2Level 3Fair ValueASSETSCash and cash equivalents$425,411 $425,411 $— $— $425,411 Debt securities available-for-sale523,198 3,184 520,014 — 523,198 Debt securities held-to-maturity270,032 57,582 196,025 — 253,607 Equity securities10,937 9,322 1,615 — 10,937 Loans held for sale833 — 834 — 834 Net loans receivable4,685,091 — — 4,646,793 4,646,793 FHLB and other restricted stock holdings and investments42,192 n/an/an/an/aInterest rate swaps953 — 953 — 953 Accrued interest receivable25,329 238 2,973 22,118 25,329 LIABILITIES