Company: NWBI
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001471265-25-000016
Chunk: 349

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 8
Chunk 349
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11,749 Total commercial real estate loans - owner occupied25,946 52,106 48,991 17,650 47,646 147,768 2,378 3,068 345,553 Commercial real estate - owner occupied current period charge-offs— — — — — (68)— — (68)Commercial loansPass482,605 430,378 73,469 26,868 34,090 54,617 531,742 4,110 1,637,879 Special Mention508 3,671 52 299 240 26 1,882 — 6,678 Substandard— 3,015 872 356 2,361 840 4,729 1,999 14,172 Total commercial loans483,113 437,064 74,393 27,523 36,691 55,483 538,353 6,109 1,658,729 Commercial loans current period charge-offs(35)(2,072)(517)(430)(205)(845)(60)(2)(4,166)Total Commercial Banking737,133 985,417 481,978 401,325 353,816 1,069,877 569,104 34,089 4,632,739 Total loans$1,675,797 2,448,570 1,785,396 1,190,115 762,754 2,364,506 1,099,359 79,544 11,406,041 For the year ended December 31, 2023, $18.9 million of revolving loans were converted to term loans. 

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Table of ContentsNORTHWEST BANCSHARES, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTSDecember 31, 2024, 2023 and 2022

Our exposure to credit loss in the event of nonperformance by the other party to off-balance-sheet financial instruments is represented by the contract amount of the financial instrument. We use the same credit policies in making commitments for off- balance-sheet financial instruments as we do for on-balance-sheet instruments. Financial instruments with off-balance-sheet risk as of December 31, 2024 and 2023 are presented in the following table (in thousands):Years ended