Company: NWBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001471265-25-000077
Chunk: 17

Company: Northwest Bancshares, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 1
Chunk 17
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61 %Total$1,815 $1,955 10 0.03 %29,241 1,341 96 0.27 %   The following table presents the effect of the loan modifications presented above to borrowers experiencing financial difficulty for the periods indicated:For the quarter ended March 31,20252024 Weighted-average interest rate reductionWeighted-average term extension in monthsWeighted-average payment deferral in yearsWeighted-average interest rate reductionWeighted-average term extension in monthsWeighted-average payment deferral in yearsPersonal Banking:  Residential mortgage loans— %1300— %1430.5Home equity loans— %11902 %970Consumer loans— %0012 %3560Total Personal Banking— %12203 %1180.5Commercial Banking:Commercial real estate loans— %50.5— %1061.0Commercial loans1 %890.84 %1180Total Commercial Banking1 %50.84 %1081.0Total loans1 %120.83 %1161.0

16

The Company closely monitors the performance of loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following table presents the performance of loans that such loans have been modified within the previous twelve months of March 31, 2025 (in thousands):  Current30-59 daysdelinquent60-89 daysdelinquent90 days orgreaterdelinquentPersonal Banking:Residential mortgage loans$516 8 — 191 Home equity loans195 — — 25 Consumer loans9 — — — Total Personal Banking720 8 — 216 Commercial Banking:Commercial real estate loans30 — — 1,827 Commercial real estate loans - owner occupied645 — — — Commercial loans1,828 — — — Total Commercial Banking2,503 — — 1,827 Total loans$3,223 8 — 2,043 The following table presents the performance of loans modified within the previous twelve months of of March 31, 2024 (in thousands):  Current30-59 daysdelinquent60-89 daysdelinquent90 days orgreaterdelinquentPersonal Banking:Residential mortgage loans$406 84 — 364 Home