Company: NWBI
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001471265-25-000016
Chunk: 178

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1B
Chunk 178
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 Total intangible assets - net$2,837 5,290  The following information shows the actual aggregate amortization expense for the years ended December 31, 2024, 2023 and 2022 as well as the estimated aggregate amortization expense, based upon current levels of intangible assets, for each of the five succeeding fiscal years:For the year ended December 31, 2022$4,277 For the year ended December 31, 20233,270 For the year ended December 31, 20242,452 For the year ending December 31, 20251,662 For the year ending December 31, 2026871 For the year ending December 31, 2027304  The following table provides information for the changes in the carrying amount of goodwill:TotalBalance at December 31, 2023$380,997 Balance at December 31, 2024$380,997  

We performed our annual goodwill impairment test as of June 30, 2024, 2023, and 2022 in accordance with ASC 350, Intangibles— Goodwill and Other, and concluded that goodwill was not impaired. As of December 31, 2024, 2023 and 2022, there were no events or changes in circumstances that would cause us to update that year’s goodwill impairment test and we concluded there was no impairment of goodwill as of such dates. 

 (10)    Deposits

 Deposit balances at December 31, 2024 and 2023 are shown in the table below: December 31, 20242023Noninterest-bearing demand deposits$2,621,415 2,669,023 Interest-bearing demand deposits2,666,504 2,634,546 Money market deposit accounts2,007,739 1,968,218 Savings deposits2,171,251 2,105,234 Time deposits (1)2,677,645 2,602,881 Total deposits$12,144,554 11,979,902 (1)Includes $201 million and $484 million of brokered deposits at December 31, 2024 and 2023.The aggregate amount of time deposits with a minimum denomination of $100,000 at December 31, 2024 and 2023 was $1.1 billion and $950 million, respectively.