Company: NWBI
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001471265-25-000016
Chunk: 255

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 7
Chunk 255
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132,816 112,635 147,874 127,040 Variable rate pass-through364 365 449 450 Fixed rate agency CMOs492,415 414,426 541,529 463,835 Variable rate agency CMOs529 524 529 523 Total residential mortgage-backed securities held-to-maturity626,124 527,950 690,381 591,848 Marketable securities held-to-maturity:    U.S. Government and agencies124,462 109,998 124,458 107,658 Total marketable securities held-to-maturity$750,586 637,948 814,839 699,506 

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The following table sets forth information regarding the issuers and the carrying value of our mortgage-backed securities at the dates indicated.

 At December 31, 20242023 (In thousands)Residential mortgage-backed securities:  FNMA$443,354 568,160 GNMA668,668 407,441 FHLMC502,805 576,066 Other (including non-agency)4 5 Total residential mortgage-backed securities$1,614,831 1,551,672 

Marketable Securities Portfolio Maturities and Yields. The following table sets forth the scheduled maturities, carrying values, amortized cost, market values and weighted average yields for our marketable securities and mortgage-backed securities portfolios at December 31, 2024. The annualized weighted average yields are calculated by taking the interest of the marketable securities divided by the amortized cost. Adjustable-rate mortgage-backed securities are included in the period in which interest rates are next scheduled to adjust.

 One year or lessMore than one year to five yearsMore than five years to ten yearsMore than ten yearsTotal AmortizedcostAnnualizedweightedaverageyieldAmortizedcostAnnualizedweightedaverageyield AmortizedcostAnnualizedweightedaverageyield AmortizedcostAnnualizedweightedaverageyield AmortizedcostFairvalueAnnualizedweightedaverageyield (Dollars in thousands)Marketable securities available-for-sale:           Government sponsored entities$— — %$122 6.10 %$— — %$— — %$122 118 6.10 %U.S. Government and