Company: WSBC
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000950170-25-030795
Chunk: 186

Company: WESBANCO INC
Filing Date: 2025-03-03
Form: 10-K
Item: Item 7
Chunk 186
---
.85
    %

    248,192

    10,860

    4.38
    %

    Total interest bearing   liabilities (4)

    11,324,009

    347,433

    3.07
    %

    10,207,614

    230,178

    2.25
    %

    9,449,604

    39,343

    0.42
    %

    Non-interest bearing demand   deposits

    3,863,366

    4,316,245

    4,708,758

    Other liabilities

    282,076

    261,234

    205,670

    Shareholders’ equity

    2,653,174

    2,474,627

    2,515,509

    Total Liabilities and Shareholders’   Equity
     
    $
    18,122,625

    $
    17,259,720

    $
    16,879,541

    Taxable equivalent net interest spread

    2.03
    %

    2.38
    %

    3.05
    %

    Taxable equivalent net interest   margin (3)

    $
    483,016

    2.96
    %

    $
    486,343

    3.14
    %

    $
    479,315

    3.20
    %

(1)Gross of the allowance for credit losses, net of unearned income and includes non-accrual loans and loans held for sale. Loan fees included in interest income on loans were $2.9 million, $2.7 million and $8.8 million for the years ended December 31, 2024, 2023 and 2022, respectively.  As part of loan fees, PPP loan fees were $0.2 million and $5.9 million for the years ended December 31, 2023 and 2022, respectively. Additionally, loan accretion included in interest income on loans acquired from prior acquisitions was $3.1 million, $4.5 million and $8.0 million for the years ended December 31, 2024, 2023 and 2022, respectively.

(2)Average yields on securities available-for-sale have