Company: NWBI
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001471265-25-000161
Chunk: 138

Company: Northwest Bancshares, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 138
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555 — — — Total financial liabilities$14,339,904 14,329,510 11,206,714 151,225 2,988,072 (16,501)(1)     Amounts represent the impact of legally enforceable master netting agreements that allow the Company to settle positive and negative positions and cash collateral held or placed with the same counterparties.The following table sets forth the carrying amount and estimated fair value of our financial instruments included in the Consolidated Statement of Financial Condition at December 31, 2024 (in thousands): CarryingamountEstimatedfair valueLevel 1Level 2Level 3Netting Adjustments (1)Financial assets:     Cash and cash equivalents$288,378 288,378 288,378 — — — Securities available-for-sale1,108,944 1,108,944 — 1,108,944 — — Securities held-to-maturity750,586 637,948 — 637,948 — — Loans receivable, net11,063,195 10,431,355 — — 10,431,355 — Loans held-for-sale76,331 76,331 — 68,620 7,711 — Accrued interest receivable 46,356 46,356 46,356 — — — Interest rate lock commitments342 342 — — 342 — Forward commitments34 34 — 34 — — Forward exchange swaps199 199 — 199 — — Interest rate swaps designated as hedging instruments1,497 1,497 — 1,529 — (32)Interest rate swaps not designated as hedging instruments3,493 3,493 — 37,697 — (34,204)FHLB stock21,006 21,006 — — — — Total financial assets$13,360,361 12,615,883 334,734 1,854,971 10,439,408 (34,236)Financial liabilities:     Savings and checking accounts$9,466,909 9,466,909 9,466,909 — — — Time deposits2,677,645 2,677,