Company: NWBI
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001471265-25-000016
Chunk: 130

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1B
Chunk 130
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39,413 8,307 — Net (gain)/loss on sale of assets(11,871)2,117 42 Mortgage banking activity(3,210)(895)(3,512)Gain on sale of SBA loans(3,614)(1,754)— Gain on sale of mortgage servicing rights— (8,305)— Gain on sale of loans— (726)— Net depreciation, amortization and accretion21,340 24,497 6,448 Increase in other assets(2,185)(117,813)(33,751)Increase in other liabilities8,187 21,771 19,775 Net amortization on marketable securities676 3,090 4,808 Noncash compensation expense related to stock benefit plans6,081 4,576 4,074 Noncash write-down of real estate owned6,697 100 54 Deferred income tax expense/(benefit)2,803 (4,920)(5,504)Origination of loans held-for-sale(268,179)(198,637)(362,867)Proceeds from sale of loans held-for-sale206,746 203,651 383,883 Net cash provided by operating activities127,667 92,890 175,431 Investing activities:   Purchase of marketable securities held-to-maturity— — (212,892)Purchase of marketable securities available-for-sale(437,503)(23,502)(102,178)Proceeds from maturities and principal reductions of marketable securities held-to-maturity63,470 65,588 98,701 Proceeds from maturities and principal reductions of marketable securities available-for-sale83,950 103,424 231,728 Proceeds from sale of marketable securities available-for-sale275,585 101,229 — Proceeds from bank-owned life insurance 874 13,307 5,096 Proceeds from sale of mortgage servicing rights— 13,118 — Loan originations(3,015,448)(3,963,743)(4,585,563)Loan purchases— — (371,121)Proceeds from loan maturities and principal reductions3,196,190 3,446,731 4,047,147 Net redemptions/(proceeds) of FHLB stock9,140