Company: NWBI
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001471265-25-000016
Chunk: 81

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1B
Chunk 81
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 the scheduled maturities, carrying values, amortized cost, market values and weighted average yields for our marketable securities and mortgage-backed securities portfolios at December 31, 2024. The annualized weighted average yields are calculated by taking the interest of the marketable securities divided by the amortized cost. Adjustable-rate mortgage-backed securities are included in the period in which interest rates are next scheduled to adjust.

 One year or lessMore than one year to five yearsMore than five years to ten yearsMore than ten yearsTotal AmortizedcostAnnualizedweightedaverageyieldAmortizedcostAnnualizedweightedaverageyield AmortizedcostAnnualizedweightedaverageyield AmortizedcostAnnualizedweightedaverageyield AmortizedcostFairvalueAnnualizedweightedaverageyield (Dollars in thousands)Marketable securities available-for-sale:           Government sponsored entities$— — %$122 6.10 %$— — %$— — %$122 118 6.10 %U.S. Government and agency obligations— — %— — %— — %45,289 1.27 %45,289 35,391 1.27 %Municipal securities— — %888 3.87 %16,662 3.22 %51,257 1.83 %68,807 58,627 2.19 %Corporate debt issues— — %5,485 5.30 %19,944 7.48 %— — %25,429 26,101 7.01 %Total marketable securities available-for-sale— — %6,495 5.12 %36,606 5.54 %96,546 1.57 %139,647 120,237 2.77 %Residential mortgage-backed securities available-for-sale: Pass-through certificates3,738 5.96 %459 3.27 %79 6.04 %237,354 4.19 %241,630 224,206 4.22 %CMOs44,739 5.42 %349 1.48 %5,549 0.96 %846,751 2.52 %897,