Company: NWBI
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001471265-25-000161
Chunk: 27

Company: Northwest Bancshares, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 27
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367 — 1,785 Total loans$90,207 5,367 — 1,995 The following table presents the performance of loans modified within the previous twelve months of September 30, 2024 (in thousands):  Current30-59 daysdelinquent60-89 daysdelinquent90 days orgreaterdelinquentPersonal Banking:Residential mortgage loans$976 — — 3 Home equity loans525 13 9 88 Consumer loans13 — — — Total Personal Banking1,514 13 9 91 Commercial Banking:Commercial real estate loans1,830 — — — Commercial real estate loans - owner occupied680 — — — Commercial loans43 — — — Total Commercial Banking2,553 — — — Total loans$4,067 13 9 91 

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Table of Contents

A modification is considered to be in default when the loan is 90 days or more past due. The following table provides the amortized cost basis of financing receivables that had a payment default during the periods indicated and were modified within the previous twelve months to borrowers experiencing financial difficulty (in thousands): For the quarter ended September 30,20252024Term extensionPayment delayTerm extensionPersonal Banking:Residential mortgage loans$31 $179 3Home equity loans— — 88Total Personal Banking31 179 91Commercial Banking:Commercial loans— 1,785 — Total Commercial Banking— 1,785 — Total$31 1,964 91 The modifications to borrowers experiencing financial distress are included in their respective portfolio segment and the current loan balance and updated loan terms are run through their respective 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