Company: CCNE
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0000736772-25-000087
Chunk: 161

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 8
Chunk 161
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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 and the Corporation has determined that the borrower is