Company: NWBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001471265-25-000077
Chunk: 8

Company: Northwest Bancshares, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 1
Chunk 8
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— (17,095)112,410 Variable rate pass-through356 2 — 358 Fixed rate agency CMOs481,057 — (68,846)412,211 Variable rate agency CMOs528 — (3)525 Total mortgage-backed securities611,446 2 (85,944)525,504 Total marketable securities held-to-maturity$735,909 2 (98,108)637,803  

8

The following table shows the portfolio of marketable securities held-to-maturity at December 31, 2024 (in thousands): AmortizedcostGrossunrealizedholdinggainsGrossunrealizedholdinglossesFairvalueDebt issued by government-sponsored enterprises:    Due after one year through five years$124,462 — (14,464)109,998 Mortgage-backed securities:    Fixed rate pass-through132,816 — (20,181)112,635 Variable rate pass-through364 1 — 365 Fixed rate agency CMOs492,415 — (77,989)414,426 Variable rate agency CMOs529 — (5)524 Total mortgage-backed securities626,124 1 (98,175)527,950 Total marketable securities held-to-maturity$750,586 1 (112,639)637,948 The following table shows the contractual maturity of our mortgage-backed securities available-for-sale at March 31, 2025 (in thousands):AmortizedcostFairvalueMortgage-backed securities:  Due within one year$124 121 Due after one year through five years9,976 9,913 Due after five years through ten years8,316 7,514 Due after ten years1,144,674 1,012,977 Total mortgage-backed securities$1,163,090 1,030,525 The following table shows the contractual maturity of our mortgage-backed securities held-to-maturity at March 31, 2025 (in thousands):AmortizedcostFairvalueMortgage-backed securities:  Due within one year$1 1 Due after one year through five years19,929 18,324 Due after five years through ten years20,176 16,976 Due after ten years571,340 490,203 Total