Company: NWBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001471265-25-000077
Chunk: 97

Company: Northwest Bancshares, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 8
Chunk 97
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 related to the amortized cost basis of loan payment delinquencies at December 31, 2024 (in thousands): 30-59 daysdelinquent60-89 daysdelinquent90 days orgreaterdelinquentTotaldelinquencyCurrentTotal loansreceivablePersonal Banking:      Residential mortgage loans$28,690 10,112 4,931 43,733 3,134,536 3,178,269 Home equity loans5,365 1,434 2,250 9,049 1,140,347 1,149,396 Vehicle loans10,242 3,257 3,191 16,690 1,854,153 1,870,843 Consumer loans860 383 776 2,019 122,223 124,242 Total Personal Banking45,157 15,186 11,148 71,491 6,251,259 6,322,750 Commercial Banking:      Commercial real estate loans5,100 857 7,702 13,659 2,482,067 2,495,726 Commercial real estate loans -  owner occupied115 58 — 173 353,963 354,136 Commercial loans5,632 1,726 7,335 14,693 1,992,709 2,007,402 Total Commercial Banking10,847 2,641 15,037 28,525 4,828,739 4,857,264 Total originated loans$56,004 17,827 26,185 100,016 11,079,998 11,180,014 Credit Quality Indicators: For Commercial Banking we categorize loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. We analyze loans individually by classifying the loans by credit risk. Credit relationships greater than or equal to $1.0 million classified as special mention or substandard are reviewed quarterly for deterioration or improvement to determine if the loan is appropriately classified. We use the following definitions for risk ratings other than pass:

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Special Mention — Loans designated as special mention have specific, well-defined risk issues, which create a high level of uncertainty regarding the long-term viability