Company: CCNE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000736772-25-000202
Chunk: 290

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 2
Chunk 290
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2,160 Loans receivable:Commercial (2)3,379 (166)3,213 Mortgage (2) (3)19,898 (424)19,474 Consumer(121)(128)(249)Total loans receivable23,156 (718)22,438 Other earning assets2,020 (1,134)886 Total Earning Assets$25,972 $(488)$25,484 Liabilities and Shareholders' EquityInterest-Bearing DepositsDemand – interest-bearing$492 $322 $814 Savings3,828 (6,089)(2,261)Time5,114 (348)4,766 Total interest-bearing deposits9,434 (6,115)3,319 Short-Term Borrowings— 2,251 2,251 Finance lease liabilities227 20 247 Subordinated debentures8 (58)(50)Total Interest-Bearing Liabilities$9,669 $(3,902)$5,767 Change in Net Interest Income$16,303 $3,414 $19,717 

(1) Changes in interest income or expense not arising solely as a result of volume or rate variances are allocated to volume changes.

(2) Changes in interest income on tax-exempt securities and loans receivable are presented on a fully taxable-equivalent basis, using the Corporation's marginal federal income tax rate of 21% for the three months ended September 30, 2025 and September 30, 2024.

(3) Includes loans held for sale.

70

The following table presents the change in net interest income for the nine months ended September 30, 2025 and 2024:

Net Interest Income Rate-Volume VarianceFor Nine Months Ended September 30, 2025 over (under) September 30, 2024 Due to Change In (1)VolumeRateNetAssetsSecurities:Taxable$1,312 $4,424 $5,736 Tax-exempt (2)(30)11 (19)Equity securities (2)218 (209)9 Total securities1,500 4,226 5,726 Loans receivable:Commercial (2)4,737 (1,143)3,594 Mortgage (2) (3)23,864 (256)23,608 Consumer