Company: NWBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001471265-25-000137
Chunk: 167

Company: Northwest Bancshares, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 167
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%Money market deposit accounts2,102,124 18,964 1.82 %1,959,661 16,514 1.69 %Time deposits2,614,238 47,959 3.70 %2,765,351 60,885 4.43 %Total interesting-bearing deposits (g)9,521,255 94,151 1.99 %9,405,512 100,440 2.15 %Borrowed funds (f)216,189 4,252 3.97 %396,444 9,370 4.75 %Subordinated debentures 114,618 2,296 4.01 %114,267 2,296 4.02 %Junior subordinated debentures129,889 4,204 6.44 %129,630 4,908 7.49 %Total interest-bearing liabilities9,981,951 104,903 2.12 %10,045,853 117,014 2.34 %Noninterest-bearing demand deposits (g)2,600,113 2,581,646  Noninterest-bearing liabilities227,116 260,452  Total liabilities12,809,180   12,887,951   Shareholders’ equity1,626,342 1,545,651   Total liabilities and shareholders’ equity$14,435,522   $14,433,602   Net interest income (FTE)/Interest rate spread (FTE) (d) 249,017 3.16 % 211,793 2.55 %Net interest-earning assets/Net interest margin (FTE)$3,529,145  3.72 %$3,475,527  3.15 %Tax equivalent adjustment (d)1,755 1,714 Net interest income, GAAP basis247,262 210,079 Ratio of interest-earning assets to interest-bearing liabilities1.35X  1.35X  

(a)Average gross loans includes loans held as available-for-sale and loans placed on nonaccrual status.

(b)Interest income includes accretion/amortization of deferred loan fees/expenses, which were not material.

(c)Average balances do not include the effect of unrealized gains or losses on securities held