XML 40 R30.htm IDEA: XBRL DOCUMENT
v3.23.3

LEASES (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Leases [Abstract] |
Schedule Of Operating And Finance Lease Liabilities |
Leases |  | Classification |  | September 30, 2023 |  | December 31, 2022
Assets: |  |  |  |  |  |
Operating lease assets |  | Operating lease assets |  | $ | 36,065 |  |  | $ | 32,307 |
Finance lease assets |  | Premises and equipment, net (1) |  | 232 |  |  | 286 |
Total leased assets |  |  |  | $ | 36,297 |  |  | $ | 32,593 |
Liabilities: |  |  |  |  |  |
Operating lease liabilities |  | Operating lease liabilities |  | $ | 37,998 |  |  | $ | 33,726 |
Finance lease liabilities |  | Accrued interest payable and other liabilities |  | 316 |  |  | 383 |
Total leased liabilities |  |  |  | $ | 38,314 |  |  | $ | 34,109 |
(1) Finance lease assets are recorded net of accumulated amortization of $984 thousand as of September 30, 2023 and $930 thousand as of December 31, 2022.
Schedule Of Lease Cost | The components of the Corporation's net lease expense for the three and nine months ended September 30, 2023 and 2022, respectively, were as follows:
|  |  |  | Three Months Ended September 30, |  | Nine Months Ended September 30,
Lease Cost |  | Classification |  | 2023 |  | 2022 |  | 2023 |  | 2022
Operating lease cost |  | Net occupancy expense |  | $ | 745 |  |  | $ | 577 |  |  | $ | 2,224 |  |  | $ | 1,635 |
Variable lease cost |  | Net occupancy expense |  | 27 |  |  | 14 |  |  | 71 |  |  | 44 |
Finance lease cost: |  |  |  |  |  |  |  |  |  |
Amortization of leased assets |  | Net occupancy expense |  | 18 |  |  | 18 |  |  | 54 |  |  | 54 |
Interest on lease liabilities |  | Interest expense - borrowed funds |  | 4 |  |  | 5 |  |  | 12 |  |  | 15 |
Sublease income (1) |  | Net occupancy expense |  | (20) |  |  | (23) |  |  | (66) |  |  | (56) |
Net lease cost |  |  |  | $ | 774 |  |  | $ | 591 |  |  | $ | 2,295 |  |  | $ | 1,692 |
(1) Sublease income excludes rental income from owned properties.
Schedule of Finance Lease, Liability, Maturity | The following table sets forth future minimum rental payments under noncancellable leases with initial terms in excess of one year as of September 30, 2023:
Maturity of Lease Liabilities as of September 30, 2023 |  | Operating Leases (1) |  | Finance Leases |  | Total
2023 |  | $ | 843 |  |  | $ | 26 |  |  | $ | 869 |
2024 |  | 2,554 |  |  | 105 |  |  | 2,659 |
2025 |  | 2,579 |  |  | 105 |  |  | 2,684 |
2026 |  | 2,567 |  |  | 105 |  |  | 2,672 |
2027 |  | 2,543 |  |  | — |  | 2,543 |
After 2027 |  | 50,239 |  |  | — |  | 50,239 |
Total lease payments |  | 61,325 |  |  | 341 |  |  | 61,666 |
Less: Interest |  | 23,327 |  |  | 25 |  |  | 23,352 |
Present value of lease liabilities |  | $ | 37,998 |  |  | $ | 316 |  |  | $ | 38,314 |
(1) Operating lease payments include payments related to options to extend lease terms that are reasonably certain of being exercised and exclude $4.8 million of legally binding minimum lease payments for leases signed, but not yet commenced.
Schedule of Minimum Annual Rental Commitments Under Operating Lease | The following table sets forth future minimum rental payments under noncancellable leases with initial terms in excess of one year as of September 30, 2023:
Maturity of Lease Liabilities as of September 30, 2023 |  | Operating Leases (1) |  | Finance Leases |  | Total
2023 |  | $ | 843 |  |  | $ | 26 |  |  | $ | 869 |
2024 |  | 2,554 |  |  | 105 |  |  | 2,659 |
2025 |  | 2,579 |  |  | 105 |  |  | 2,684 |
2026 |  | 2,567 |  |  | 105 |  |  | 2,672 |
2027 |  | 2,543 |  |  | — |  | 2,543 |
After 2027 |  | 50,239 |  |  | — |  | 50,239 |
Total lease payments |  | 61,325 |  |  | 341 |  |  | 61,666 |
Less: Interest |  | 23,327 |  |  | 25 |  |  | 23,352 |
Present value of lease liabilities |  | $ | 37,998 |  |  | $ | 316 |  |  | $ | 38,314 |
(1) Operating lease payments include payments related to options to extend lease terms that are reasonably certain of being exercised and exclude $4.8 million of legally binding minimum lease payments for leases signed, but not yet commenced.
Schedule of Weighted Average Lease Term and Discount Rate | Lease terms and discount rates related to the Corporation's lease liabilities as of September 30, 2023 and December 31, 2022 were as follows:
Lease Term and Discount Rate |  | September 30, 2023 |  | December 31, 2022
Weighted-average remaining lease term (years) |  |  |  |
Operating leases |  | 23.2 |  | 23.9
Finance leases |  | 3.3 |  | 4.0
Weighted-average discount rate |  |  |  |
Operating leases |  | 4.05 | % |  | 3.83 | %
Finance leases |  | 4.49 | % |  | 4.49 | %
Other information related to the Corporation's lease liabilities as of September 30, 2023 and 2022, respectively, was as follows:
Other Information |  | September 30, 2023 |  | September 30, 2022
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |
Operating cash flows from operating leases |  | $ | 869 |  |  | $ | 888 |

X
- Definition Schedule Of Operating And Finance Lease Liabilities [Table Text Block] + References No definition available. + Details
Name: | ccne_ScheduleOfOperatingAndFinanceLeaseLiabilitiesTableTextBlock
Namespace Prefix: | ccne_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Weighted Average Lease Term and Discount Rate [Table Text Block] + References No definition available. + Details
Name: | ccne_ScheduleOfWeightedAverageLeaseTermAndDiscountRateTableTextBlock
Namespace Prefix: | ccne_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration