Company: NWBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001471265-25-000077
Chunk: 90

Company: Northwest Bancshares, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 8
Chunk 90
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 2024 (in thousands):Balance as of March 31, 2024Current period provisionCharge-offsRecoveriesBalance as of             December 31, 2023Allowance for Credit LossesPersonal Banking:Residential mortgage loans$16,821 (1,399)(162)189 18,193 Home equity loans5,334 145 (412)198 5,403 Vehicle loans21,061 (3,694)(2,588)432 26,911 Consumer loans1,452 1,849 (1,985)389 1,199 Total Personal Banking44,668 (3,099)(5,147)1,208 51,706 Commercial Banking:Commercial real estate loans54,474 3,073 (349)483 51,267 Commercial real estate loans - owner occupied4,055 272 — 8 3,775 Commercial loans21,700 3,988 (1,163)380 18,495 Total Commercial Banking80,229 7,333 (1,512)871 73,537 Total$124,897 4,234 (6,659)2,079 125,243 Allowance for Credit Losses - off-balance sheet exposurePersonal Banking:Residential mortgage loans$1 (1)— — 2 Home equity loans64 (1)— — 65 Total Personal Banking65 (2)— — 67 Commercial Banking:Commercial real estate loans6,218 71 — — 6,147 Commercial real estate loans - owner occupied154 (19)— — 173 Commercial loans9,887 (849)— — 10,736 Total Commercial Banking16,259 (797)— — 17,056 Total off-balance sheet exposure$16,324 (799)— — 17,123 The following table provides information related to the loan portfolio by portfolio segment and by class of financing receivable at March 31, 2025 (in thousands): Total loansreceivableAllowance forcredit lossesNonaccrualloansLoans 90 days past due and accruingPersonal Banking:    Residential mortgage loans$3,121,647 13,275 7,025 — Home equity loans1,141,577 4,624