CNB Financial(CCNE) - 2023 Q4 - Annual Report

8 Table of Contents Table of Contents ITEM 1A. RISK FACTORS Table of Contents In an extreme situation, it is possible that the capitalization of an FHLB, including the FHLB of Pittsburgh, could be substantially diminished or reduced to zero. Consequently, given that there is no trading market for the Bank's FHLB common stock, the Corporation's management believes that there is a risk that the Corporation's investment could be deemed impaired at some time in the future. If this occurs, it may adversely affec ...