Company: NWBI
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001471265-25-000016
Chunk: 210

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1B
Chunk 210
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Consists of realized gains, net of tax of $591.The following table shows the changes in accumulated other comprehensive loss by component for the year ended December 31, 2023: Unrealized gains and losses on securities available-for-saleChange in fair value of interest rate swapsChange in defined benefit pension plansTotalBalance as of January 1,$(164,206)— (6,952)(171,158)Other comprehensive (loss)/income before reclassification adjustments (1) (2) (3)7,875 (374)10,019 17,520 Amounts reclassified from accumulated other comprehensive income (4) (5)5,672 — (1,526)4,146 Net other comprehensive (loss)/income13,547 (374)8,493 21,666 Balance as of December 31,$(150,659)(374)1,541 (149,492)(1)Consists of unrealized holding gains, net of tax of $(3,429).(2)Change in fair value of interest rate swaps, net of tax of $110.(3)Consists of unrealized gains, net of tax of $(3,961). (4)Consists of realized losses, net of tax of $(1,700).(5)Consists of realized gains, net of tax of $607.The following table shows the changes in accumulated other comprehensive loss by component for the year ended December 31, 2022: Unrealized gains and losses on securitiesavailable-for-saleChange in defined benefit pension plansTotalBalance as of January 1,$(12,317)(25,312)(37,629)Other comprehensive (loss)/income before reclassification adjustments (1) (2)(151,888)18,884 (133,004)Amounts reclassified from accumulated other comprehensive income (3) (4)(1)(524)(525)Net other comprehensive (loss)/income(151,889)18,360 (133,529)Balance as of December 31,$(164,206)(6,952)(171,158)(1)Consists of unrealized holding losses, net of tax of $45,321.(2)Consists of unrealized gains, net of tax of $(7,182).(3)Consists of realized gains, net of tax of $0.(4)Consists of realized gains, net of