Company: NWBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001471265-25-000077
Chunk: 114

Company: Northwest Bancshares, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 8
Chunk 114
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rued interest receivable45,949 45,949 45,949 — — — Interest rate lock commitments433 433 — — 433 — Forward commitments71 71 — 71 — — Foreign exchange swaps4 4 — 4 — — Interest rate swaps designated as hedging instruments— — — 585 — (585)Interest rate swaps not designated as hedging instruments9,040 9,040 — 33,100 — (24,060)FHLB stock17,941 17,941 — — — — Total financial assets$13,480,777 12,731,170 399,152 1,891,438 10,447,284 (24,645)Financial liabilities:     Savings and checking deposits$9,577,705 9,577,705 9,577,705 — — — Time deposits2,596,451 2,596,614 — — 2,596,614 — Borrowed funds197,270 193,574 210,576 — — (17,002)Subordinated debt114,625 117,002 — 117,002 — — Junior subordinated debentures129,899 127,256 — — 127,256 — Foreign exchange swaps 91 91 — 91 — — Interest rate swaps designated as hedging instruments— — — 727 — (727)Interest rate swaps not designated as hedging instruments26,339 26,339 — 33,255 — (6,916)Risk participation agreements31 31 — 31 — — Accrued interest payable6,843 6,843 6,843 — — — Total financial liabilities$12,649,254 12,645,455 9,795,124 151,106 2,723,870 (24,645)

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The following table sets forth the carrying amount and estimated fair value of our financial instruments included in the Consolidated Statement of Financial Condition at December 31, 2024 (in thousands): CarryingamountEstimatedfair valueLevel 1Level 2Level 3Netting Adjustments (1)