Company: NWBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001471265-25-000137
Chunk: 165

Company: Northwest Bancshares, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 165
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TE) and interest expense during the periods indicated. Information is provided in each category with respect to (i) changes attributable to changes in volume (changes in volume multiplied by prior rate), (ii) changes attributable to changes in rate (changes in rate multiplied by prior volume), and (iii) net change. Changes that cannot be attributed to either rate or volume have been allocated to both rate and volume.

For the quarter ended June 30, 2025 vs. 2024Increase/(decrease) due to Total  increase/(decrease)RateVolumeInterest-earning assets:   Loans receivable$2,586 (1,657)929 Mortgage-backed securities2,346 382 2,728 Investment securities485 (133)352 FHLB stock, at cost(42)(138)(180)Other interest-earning deposits(147)1,029 882 Total interest-earning assets5,228 (517)4,711 Interest-bearing liabilities:   Savings deposits364 200 564 Interest-bearing demand deposits397 149 546 Money market deposit accounts315 742 1,057 Time deposits(5,989)(2,106)(8,095)Borrowed funds(488)(1,128)(1,616)Subordinated debt(4)4 — Junior subordinated debentures(347)4 (343)Total interest-bearing liabilities(5,752)(2,135)(7,887)Net change in net interest income (FTE)$10,980 1,618 12,598 

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Table of Contents

Average Balance Sheet

(in thousands)

The following table sets forth certain information relating to the Company’s average balance sheet and reflects the average yield on interest-earning assets and average cost of interest-bearing liabilities for the periods indicated. Such yields and costs are derived by dividing income or expense by the average balance of assets or liabilities, respectively, for the periods presented. Average balances are calculated using daily averages

. Six months ended June 30, 20252024AveragebalanceInterestAvg.yield/cost (h)AveragebalanceInterestAvg.yield/cost (h)Assets      Interest-earning assets:      Residential mortgage loans$3,123,353 60,372 3.87 %$3,367,636 64,855 3.85 %Home