Company: NWBI
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001471265-25-000161
Chunk: 72

Company: Northwest Bancshares, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 2
Chunk 72
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, are in the process of being modified to extend the maturity date and are otherwise current as to principal and interest, and well-secured loans that are in the process of collection. Loans may also be placed on nonaccrual before they reach 90 days past due if conditions exist that call into question our ability to collect all 

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Table of Contents

contractual interest. Other nonperforming assets represent property acquired through foreclosure or repossession. Foreclosed property is carried at the lower of its fair value less estimated costs to sell or the principal balance of the related loan.

September 30, 2025December 31, 2024 (in thousands)Loans 90 days or more past due:  Residential mortgage loans$9,427 4,931 Home equity loans2,963 2,250 Vehicle loans3,861 3,191 Other consumer loans1,004 776 Commercial real estate loans55,252 7,702 Commercial real estate - owner occupied1,201 — Commercial loans9,490 7,335 Total loans 90 days or more past due$83,198 26,185 Total real estate owned (REO)$174 35 Total loans 90 days or more past due and REO83,372 26,220 Total loans 90 days or more past due to net loans receivable0.65 %0.23 %Total loans 90 days or more past due and REO to total assets0.51 %0.18 %Nonperforming assets:Nonaccrual loans - loans 90 days or more past due82,498 25,529 Nonaccrual loans - loans less than 90 days past due45,827 35,872 Loans 90 days or more past due still accruing701 656 Total nonperforming loans129,026 62,057 Other nonperforming assets (1)— 16,102 Total nonperforming assets$129,200 $78,194 Total nonaccrual loans to total loans0.99 %0.55 %

 (1)    Other nonperforming assets includes nonaccrual loans held for sale.

Allowance for Credit Losses 

On an ongoing basis, the Credit Administration department, as well as loan officers and department heads, review and monitor the loan portfolio for problem loans. This portfolio monitoring includes a review of the