Company: NWBI
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001471265-25-000016
Chunk: 388

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 8
Chunk 388
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 revenues include loan sales, gain on real estate owned, income from bank owned life insurance and other operating income.  (2)    Other segment items include expenses for collections, marketing, amortization of intangibles, real estate owned, merger, asset disposition and restructuring and other operating expense. Banking Segment Years ended December 31, 202420232022   Other segment disclosuresInterest income$669,196 587,922 448,798 Interest expense233,618 152,239 28,117 Depreciation 11,259 11,492 11,602 Amortization2,452 3,270 4,277 Other significant noncash items:Provision for credit losses24,505 22,874 28,315 Segment assets14,408,224 14,419,105 14,113,324 Expenditures for segment assets4,618 2,275 5,863 

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

(22)                          Parent Company Only Financial Statements - Condensed

 Statements of Financial Condition December 31, 20242023Assets  Cash and cash equivalents$238,966 276,026 Investment in bank subsidiary1,627,392 1,588,711 Other assets9,397 9,405 Total assets$1,875,755 1,874,142 Liabilities and shareholders’ equity  Liabilities:  Debentures payable$244,372 243,763 Other liabilities2,427 2,302 Total liabilities246,799 246,065 Shareholders’ equity1,628,956 1,628,077 Total liabilities and shareholders’ equity$1,875,755 1,874,142 Statements of Income Years ended December 31, 202420232022Income:   Interest income$185 187 140 Other income737 729 805 Dividends from bank subsidiary75,000 215,000 161,000 Undistributed earnings from equity investment in bank subsidiary38,694 (67,106)(18,187)Total income114,616 148,810