Company: NWBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001471265-25-000137
Chunk: 11

Company: Northwest Bancshares, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 11
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,456 Due after five years through ten years8,038 7,333 Due after ten years1,181,871 1,054,301 Total mortgage-backed securities$1,199,472 1,071,192 The following table shows the contractual maturity of our mortgage-backed securities held-to-maturity at June 30, 2025 (in thousands):AmortizedcostFairvalueMortgage-backed securities:  Due after one year through five years19,902 18,519 Due after five years through ten years20,168 17,241 Due after ten years555,028 479,309 Total mortgage-backed securities$595,098 515,069 The following table shows the fair value of and gross unrealized losses on available-for-sale investment securities and held to maturity investment securities, for which an allowance for credit losses has not been recorded, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position at June 30, 2025 (in thousands): Less than 12 months12 months or moreTotalFair valueUnrealizedlossFair valueUnrealizedlossFair valueUnrealizedlossU.S. government-sponsored enterprises$— — 148,877 (19,131)148,877 (19,131)Municipal securities10,419 (105)38,307 (10,856)48,726 (10,961)Corporate issues1,974 (26)3,445 (41)5,419 (67)Mortgage-backed securities - agency115,242 (1,305)1,114,721 (210,540)1,229,963 (211,845)Total $127,635 (1,436)1,305,350 (240,568)1,432,985 (242,004)

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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 valueUn