Company: NWBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001471265-25-000137
Chunk: 2

Company: Northwest Bancshares, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 2
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 Provision/(benefit)  for credit losses - unfunded commitments(2,712)(2,539)(3,057)(3,338)Net interest income after provision for credit losses110,700 107,211 230,607 207,014 Noninterest income:    Loss on sale of investments— (39,413)— (39,413)Gain on sale of SBA loans819 1,457 2,057 2,330 Service charges and fees15,797 15,527 30,784 31,050 Trust and other financial services income7,948 7,566 15,858 14,693 Gain on real estate owned, net258 487 342 544 Income from bank-owned life insurance1,421 1,371 2,752 2,873 Mortgage banking income1,075 901 1,771 1,353 Other operating income3,620 3,255 5,729 5,684 Total noninterest income30,938 (8,849)59,293 19,114 Noninterest expense:    Compensation and employee benefits55,213 53,531 109,753 105,071 Premises and occupancy costs7,122 7,464 15,522 15,091 Office operations2,910 3,819 5,887 6,586 Collections expense838 406 1,166 742 Processing expenses12,973 14,695 26,963 29,420 Marketing expenses3,018 2,410 4,898 4,559 Federal deposit insurance premiums2,296 2,865 4,624 5,888 Professional services3,990 3,728 6,746 7,793 Amortization of intangible assets436 635 940 1,336 Merger, asset disposition and restructuring expense6,244 1,915 7,367 2,870 Other expenses2,500 952 5,411 3,088 Total noninterest expense97,540 92,420 189,277 182,444 Income before income taxes44,098 5,942 100,623 43,684 Federal and state income taxes expense10,423 1,195 23,490 9,774 Net income