Company: NWBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001471265-25-000077
Chunk: 124

Company: Northwest Bancshares, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 8
Chunk 124
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 loss can be reasonably estimated. As of March 31, 2025, we do not anticipate that the aggregate ultimate liability arising out of any pending or threatened legal proceedings will be material to our Consolidated Financial Statements. Any such accruals are adjusted thereafter as appropriate to reflect changes in circumstances. Due to the inherent subjectivity of assessments and unpredictability of outcomes of legal proceedings, any amounts accrued may not represent the ultimate loss to us from legal proceedings.

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(12)    Changes in Accumulated Other Comprehensive Income

 The following tables show the changes in accumulated other comprehensive income by component for the periods indicated (in thousands):  For the quarter ended March 31, 2025 Unrealized losseson securities available-for-saleChange in fair value of interest rate swapsChange in defined benefit pension plansTotalBalance as of December 31, 2024$(130,248)1,159 18,175 (110,914)Other comprehensive/(loss) income before reclassification adjustments (1) (2)13,863 (1,261)— 12,602 Amounts reclassified from accumulated other comprehensive income (3)— — (169)(169)Net other comprehensive income/(loss)13,863 (1,261)(169)12,433 Balance as of March 31, 2025$(116,385)(102)18,006 (98,481) For the quarter ended March 31, 2024Unrealized losseson securities available-for-saleChange in fair value of interest rate swapsChange in defined benefit pension plansTotalBalance as of December 31, 2023$(150,659)(374)1,541 (149,492)Other comprehensive (loss)/income before reclassification adjustments (4) (5)(5,698)2,154 — (3,544)Amounts reclassified from accumulated other comprehensive income (6)— — (388)(388)Net other comprehensive income/(loss)(5,698)2,154 (388)(3,932)Balance as of March 31, 2024$(156,357)1,780 1,153 (153,424)(1)Consists of unrealized holding gains, net of tax of ($