Company: NWBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001471265-25-000077
Chunk: 96

Company: Northwest Bancshares, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 8
Chunk 96
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 ACL models to arrive at the quantitative portion of the ACL.  Subsequent performance of the loans will be measured by delinquency status and will be captured through our ACL models or our qualitative factor assessment, as deemed appropriate. If we no longer believe the loan demonstrates similar risks to their respective portfolio segment an individual assessment will be performed.  Upon the Company's determination that a modified loan (or portion of a loan) has subsequently been deemed uncollectible, the loan (or a portion of the loan) is written off. Therefore, the amortized cost basis of the loan is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount.  The following table provides information related to the amortized cost basis of loan payment delinquencies at March 31, 2025 (in thousands): 30-59 daysdelinquent60-89 daysdelinquent90 days orgreaterdelinquentTotaldelinquencyCurrentTotal loansreceivablePersonal Banking:     Residential mortgage loans$32,840 3,074 4,005 39,919 3,081,728 3,121,647 Home equity loans3,882 1,290 1,893 7,065 1,134,512 1,141,577 Vehicle loans8,229 2,418 3,212 13,859 1,946,538 1,960,397 Consumer loans563 390 814 1,767 119,305 121,072 Total Personal Banking45,514 7,172 9,924 62,610 6,282,083 6,344,693 Commercial Banking:     Commercial real estate loans8,281 2,001 23,374 33,656 2,389,528 2,423,184 Commercial real estate loans - owner occupied255 — 59 314 369,236 369,550 Commercial loans6,841 2,676 5,994 15,511 2,063,507 2,079,018 Total Commercial Banking15,377 4,677 29,427 49,481 4,822,271 4,871,752 Total loans$60,891 11,849 39,351 112,091 11,104,354 11,216,445 The following table provides information