Company: NWBI
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001471265-25-000016
Chunk: 80

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1B
Chunk 80
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MOs44,740 44,668 23,965 23,550 Total residential mortgage-backed securities available-for-sale1,139,018 988,707 1,030,016 861,291 Marketable securities available-for-sale:  U.S. Government, agency and GSEs45,411 35,509 115,755 98,911 Municipal securities68,807 58,627 85,766 75,469 Corporate debt issues25,429 26,101 8,466 7,688 Total marketable securities available-for-sale$1,278,665 1,108,944 1,240,003 1,043,359 

The following table sets forth certain information regarding the amortized cost and fair value of our held-to-maturity marketable securities portfolio and mortgage-backed securities portfolio at the dates indicated. At December 31, 20242023 AmortizedcostFairvalueAmortizedcostFairvalue (In thousands)Residential mortgage-backed securities held-to-maturity:    Fixed rate pass-through$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