Company: NWBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001471265-25-000077
Chunk: 49

Company: Northwest Bancshares, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 1
Chunk 49
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, asset disposition and restructuring and other operating expense. 

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Banking Segment Quarter ended March 31, 20252024  Other segment disclosuresInterest income$180,595 160,239 Interest expense52,777 57,001 Depreciation 2,775 2,894 Amortization504 701 Other significant noncash items:Provision for credit losses7,911 3,435 Segment assets14,453,727 14,510,263 Expenditures for segment assets1,822 5,471  

(14)    Subsequent Events

    On April 23, 2025, the Company announced that it has received all regulatory and shareholder approvals required to complete the merger with Penns Woods Bancorp, Inc. The merger is expected to close in the third quarter of 2025, subject to the satisfaction of customary closing conditions.

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