Company: NWBI
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001471265-25-000016
Chunk: 285

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 7
Chunk 285
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 31, 2024, Northwest Bancshares, Inc. and Northwest Bank exceeded all regulatory minimum capital requirements and were considered to be “well capitalized”. The following table summarizes Northwest Bancshares and Northwest Bank’s total shareholders’ equity, regulatory capital, total risk-based assets, and leverage and risk-based capital ratios at the dates indicated.

Northwest Bancshares, Inc. Northwest Bank At December 31,At December 31, 2024202320242023 (Dollars in thousands)(Dollars in thousands)Total shareholders’equity (GAAP capital)$1,601,303 1,560,316 $1,595,639 1,516,850 Add: Accumulated other comprehensive loss110,914 149,492 110,914 149,492 Add: Other deductions(11,617)(11,645)(11,617)(11,645)Less: non-qualifying intangible assets(357,799)(269,982)(353,706)(265,889)CET 1 capital1,342,801 1,428,181 1,341,230 1,388,808 Additions to Tier 1 capital125,845 125,585 — — Leverage or Tier 1 capital1,468,646 1,553,766 1,341,230 1,388,808 Add: Tier 2 capital (1) 240,140 246,117 125,602 131,928 Total risk-based capital$1,708,786 1,799,883 $1,466,832 1,520,736 Average assets for leverage ratio$14,135,644 14,332,246 $14,123,417 14,322,564 Net risk-weighted assets including off-balance-sheet items$10,627,925 10,743,366 $10,618,368 10,734,057 CET 1 capital ratio12.635 %13.294 %12.631 %12.938 %Minimum requirement4.500 %4.500 %4.500 %4.500 %Leverage capital ratio10.390 %10.841 %9.496 %9.697 %Minimum requirement4.000 %4.000 %4.000