Company: NWBI
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001471265-25-000161
Chunk: 109

Company: Northwest Bancshares, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 109
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 — — 260 Commercial loans7,988 (682)— — — 8,670 Total Commercial Banking10,601 (226)— — — 10,827 Total off-balance sheet exposure$10,703 (189)— — — 10,892 (1)  Includes initial day 1 allowance on non-PCD loans acquired from Penns Woods of $20.6 million(2)  Net charge-offs and associated metrics for the quarter ended September 30, 2025 exclude $18.1 million of charge-offs recognized immediately upon completion of the Penns Woods acquisition and related to required purchase accounting treatmentThe following table provides information related to the allowance for credit losses by portfolio segment and by class of financing receivable for the quarter ended September 30, 2024 (in thousands):

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Table of Contents

Balance as of September 30, 2024Current period provisionCharge-offsRecoveriesBalance as of             June 30, 2024Allowance for Credit LossesPersonal Banking:Residential mortgage loans$13,553 (1,444)(255)253 14,999 Home equity loans4,704 187 (890)197 5,210 Vehicle loans22,162 2,371 (2,064)491 21,364 Consumer loans1,869 1,327 (1,496)370 1,668 Total Personal Banking42,288 2,441 (4,705)1,311 43,241 Commercial Banking:Commercial real estate loans48,613 (1,577)(475)106 50,559 Commercial real estate loans - owner occupied3,849 223 — 11 3,615 Commercial loans31,063 4,640 (1,580)348 27,655 Total Commercial Banking83,525 3,286 (2,055)465 81,829 Total$125,813 5,727 (6,760)1,776 125,070 Allowance for Credit Losses - off-balance sheet exposurePersonal Banking:Residential mortgage loans$— (1)— — 1 Home equity loans59 (4)— — 63 Total Personal Banking59 (5)— — 64 Commercial Banking:Commercial real estate loans3,407 (1,043)—