Company: NWBI
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001471265-25-000016
Chunk: 327

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 8
Chunk 327
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8,100)61,371 Due after five years through ten years54,987 — (8,700)46,287 Residential mortgage-backed securities:    Fixed rate pass-through147,874 — (20,834)127,040 Variable rate pass-through449 1 — 450 Fixed rate agency CMOs541,529 — (77,694)463,835 Variable rate agency CMOs529 — (6)523 Total residential mortgage-backed securities690,381 1 (98,534)591,848 Total marketable securities held-to-maturity$814,839 1 (115,334)699,506 The following table shows the contractual maturity of our residential mortgage-backed securities available-for-sale at December 31, 2024:Amortized costFair valueResidential mortgage-backed securities:Due within one year$88 89 Due after one year through five years10,495 10,419 Due after five years through ten years8,508 7,591 Due after ten years1,119,927 970,608 Total residential mortgage-backed securities$1,139,018 988,707 

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Table of ContentsNORTHWEST BANCSHARES, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTSDecember 31, 2024, 2023 and 2022

The following table shows the contractual maturity of our residential mortgage-backed securities held-to-maturity at December 31, 2024:Amortized costFair valueResidential mortgage-backed securities:Due within one year$24 24 Due after one year through five years19,957 18,020 Due after five years through ten years20,184 16,510 Due after ten years585,959 493,396 Total residential mortgage-backed securities$626,124 527,950 The following table presents information regarding the issuers and the carrying values of our residential mortgage-backed securities at December 31, 2024 and 2023: December 31, 20242023Residential mortgage-backed securities:  FNMA$443,354 568,160 GNMA668,668 407,441 FHLMC502,805 576,066 Other (including non-agency)4 5 Total residential mortgage-backed securities$1,614