Company: NWBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001471265-25-000077
Chunk: 9

Company: Northwest Bancshares, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 1
Chunk 9
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 mortgage-backed securities$611,446 525,504 The following table shows the fair value of and gross unrealized losses on available-for-sale investment securities and held to maturity investment securities, for which an allowance for credit losses has not been recorded, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position at March 31, 2025 (in thousands): Less than 12 months12 months or moreTotalFair valueUnrealizedlossFair valueUnrealizedlossFair valueUnrealizedlossU.S. government-sponsored enterprises$— — 147,892 (21,081)147,892 (21,081)Municipal securities— — 38,443 (10,770)38,443 (10,770)Corporate issues— — 6,282 (115)6,282 (115)Mortgage-backed securities - agency130,665 (1,015)1,145,686 (220,368)1,276,351 (221,383)Total $130,665 (1,015)1,338,303 (252,334)1,468,968 (253,349)

9

The following table shows the fair value of and gross unrealized losses on available-for-sale investment securities and held to maturity investment securities, for which an allowance for credit losses has not been recorded, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position at December 31, 2024 (in thousands): Less than 12 months12 months or moreTotalFair valueUnrealizedlossFair valueUnrealizedlossFair valueUnrealizedlossU.S. government-sponsored enterprises$— — 145,507 (24,366)145,507 (24,366)Corporate debt issues— — 8,335 (143)8,335 (143)Municipal securities15,407 (186)39,296 (10,012)54,703 (10,198)Mortgage-backed securities - agency297,828 (3,578)1,117,280 (245,272)1,415,108 (248,850)Total $313,235 (3,764)1,310,418 (279