Company: WSBC
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000950170-25-030795
Chunk: 216

Company: WESBANCO INC
Filing Date: 2025-03-03
Form: 10-K
Item: Item 7
Chunk 216
---
    13,780

    1,331

    167,214

    8,336

    212,130

    221,873

    11.3

    Unclassified

    —

    102,191

    10,774

    3,790

    36,689

    398,942

    47,463

    552,386

    28.1

    Total commercial loans
     
    $
    1,352,083
     
    $
    1,110,206

    $
    5,974,598
     
    $
    226,649

    $
    1,787,277
     
    $
    1,697,998

    $
    9,113,958
     
    $
    12,148,811

    617.7

(1)Represents Bank’s total risk-based capital.

Multi-family apartments represent the single largest category of commercial loans. Multi-family apartment exposure increased 6.5% from $1.5 billion at December 31, 2023 to $1.7 billion at December 31, 2024. This exposure represents 83.9% of total risk-based capital at December 31, 2024, down from 87.5% at December 31, 2023.

Construction represents the second largest category of commercial exposure with total exposure of $1.0 billion. Construction exposure increased 22.3% from December 31, 2023 to December 31, 2024. This category represents 52.6% of risk-based capital, compared to 47.8% at December 31, 2023.  Construction-coded loans are broken down between 1-4 family homes built for sale, lot development and general trade. 

Healthcare represents the third largest category of commercial exposure with total exposure of $998 million. Healthcare exposure increased 16.0% from December 31, 2023 to December 31, 2024. This category represents 50.7% of risk-based capital, compared to 48.6% at December 31, 2023.  

Real estate—shopping center represents the fourth largest category of commercial exposure with total exposure of $769 million. Real estate—shopping center exposure increased 18.0% from December 31, 2023 to December