Company: NWBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001471265-25-000077
Chunk: 89

Company: Northwest Bancshares, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 8
Chunk 89
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 million and $60 million of net unearned income, unamortized premiums and discounts and deferred fees and costs at March 31, 2025 and December 31, 2024, respectively. 

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The following table provides information related to the allowance for credit losses by portfolio segment and by class of financing receivable for the quarter ended March 31, 2025 (in thousands):Balance as of             March 31, 2025Current period provisionCharge-offsRecoveriesBalance as of             December 31, 2024Allowance for Credit LossesPersonal Banking:     Residential mortgage loans$13,275 (593)(588)109 14,347 Home equity loans4,624 (150)(273)202 4,845 Vehicle loans22,455 1,815 (2,301)552 22,389 Consumer loans1,997 1,261 (1,504)357 1,883 Total Personal Banking42,351 2,333 (4,666)1,220 43,464 Commercial Banking:     Commercial real estate loans45,583 (151)(116)1,522 44,328 Commercial real estate loans - owner occupied4,187 298 — 7 3,882 Commercial loans30,688 5,776 (571)338 25,145 Total Commercial Banking80,458 5,923 (687)1,867 73,355 Total$122,809 8,256 (5,353)3,087 116,819 Allowance for Credit Losses - off-balance sheet exposurePersonal Banking:Home equity loans$61 (1)— — 62 Total Personal Banking61 (1)— — 62 Commercial Banking:     Commercial real estate loans2,956 (1,198)— — 4,154 Commercial real estate loans - owner occupied    136 (24)— — 160 Commercial loans10,451 878 — — 9,573 Total Commercial Banking13,543 (344)— — 13,887 Total off-balance sheet exposure$13,604 (345)— — 13,949 

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The following table provides information related to the allowance for credit losses by portfolio segment and by class of financing receivable for the quarter ended March 31,