Company: NWBI
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001471265-25-000016
Chunk: 161

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1B
Chunk 161
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, 2024December 31, 2024  Nonaccrual                       loans with                                an allowanceNonaccrual loans with no allowanceTotal nonaccrualloans at the end of the periodLoans 90 days past due and accruing Personal Banking:    Residential mortgage loans$8,727 6,590 361 6,951 — Home equity loans4,492 3,200 132 3,332 — Vehicle loans4,816 3,958 871 4,829 — Consumer loans229 198 1 199 578 Total Personal Banking18,264 13,946 1,365 15,311 578 Commercial Banking:Commercial real estate loans71,297 22,813 13,370 36,183 — Commercial real estate loans - owner occupied676 784 — 784 — Commercial loans4,147 7,471 1,652 9,123 78 Total Commercial Banking76,120 31,068 15,022 46,090 78 Total$94,384 45,014 16,387 61,401 656  During the year ended December 31, 2024, we did not recognize any interest income on nonaccrual loans.The following table presents the amortized cost of our loans on nonaccrual status as of the beginning and end of the year ended December 31, 2023, (in thousands):    Nonaccrual            loans at                               January 1, 2023December 31, 2023 Nonaccrual                   loans with            an allowanceNonaccrual     loans with            no allowanceTotal nonaccrualloans at the end of the periodLoans 90 days past and accruing Personal Banking:    Residential mortgage loans$7,574 8,304 423 8,727 1,671 Home equity loans4,145 4,084 408 4,492 26 Vehicle loans3,771 4,187 629 4,816 44 Consumer loans256 229 — 229 722 Total Personal Banking15,746 16,804 1,460 18,264 2,463 Commercial Banking:Commercial real estate loans62,239 47,359 23,938 71,297 225