Company: NWBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001471265-25-000077
Chunk: 12

Company: Northwest Bancshares, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 1
Chunk 12
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583 (151)(116)1,522 44,328 Commercial real estate loans - owner occupied4,187 298 — 7 3,882 Commercial loans30,688 5,776 (571)338 25,145 Total Commercial Banking80,458 5,923 (687)1,867 73,355 Total$122,809 8,256 (5,353)3,087 116,819 Allowance for Credit Losses - off-balance sheet exposurePersonal Banking:Home equity loans$61 (1)— — 62 Total Personal Banking61 (1)— — 62 Commercial Banking:     Commercial real estate loans2,956 (1,198)— — 4,154 Commercial real estate loans - owner occupied    136 (24)— — 160 Commercial loans10,451 878 — — 9,573 Total Commercial Banking13,543 (344)— — 13,887 Total off-balance sheet exposure$13,604 (345)— — 13,949 

12

The following table provides information related to the allowance for credit losses by portfolio segment and by class of financing receivable for the quarter ended March 31, 2024 (in thousands):Balance as of March 31, 2024Current period provisionCharge-offsRecoveriesBalance as of             December 31, 2023Allowance for Credit LossesPersonal Banking:Residential mortgage loans$16,821 (1,399)(162)189 18,193 Home equity loans5,334 145 (412)198 5,403 Vehicle loans21,061 (3,694)(2,588)432 26,911 Consumer loans1,452 1,849 (1,985)389 1,199 Total Personal Banking44,668 (3,099)(5,147)1,208 51,706 Commercial Banking:Commercial real estate loans54,474 3,073 (349)483 51,267 Commercial real estate loans - owner occupied4,055 272 — 8 3,775 Commercial loans21,700 3,988 (1,163)380 18,495 Total Commercial Banking80,229 7,333 (1,512)871 73,537