Company: NWBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001471265-25-000137
Chunk: 13

Company: Northwest Bancshares, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 13
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 held-to-maturity securities, based on the latest information available as of June 30, 2025 (in thousands). The credit ratings are sourced from nationally recognized rating agencies, which include Moody’s and S&P, and they are presented based on asset type. All of our held-to-maturity securities were current in their payment of principal and interest as of June 30, 2025. AA+TotalHeld-to-maturity securities (at amortized cost):  Debt issued by the U.S. government-sponsored enterprises$124,463 124,463   Mortgage-backed securities595,098 595,098 Total marketable securities held-to-maturity$719,561 719,561 

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Table of Contents

(3)    Loans Receivable

The following tables excludes loans held for sale. The following table shows a summary of our loans receivable at amortized cost basis at June 30, 2025 and December 31, 2024 (in thousands): June 30, 2025December 31, 2024Personal Banking: Residential mortgage loans3,052,126 3,178,269 Home equity loans1,157,520 1,149,396 Vehicle loans2,084,500 1,870,843 Consumer loans126,775 124,242 Total Personal Banking6,420,921 6,322,750 Commercial Banking:  Commercial real estate loans2,418,992 2,495,726 Commercial real estate loans - owner occupied363,412 354,136 Commercial loans2,138,499 2,007,402 Total Commercial Banking4,920,903 4,857,264 Total loans receivable, gross11,341,824 11,180,014 Allowance for credit losses(129,159)(116,819)Total loans receivable, net (1)11,212,665 11,063,195 (1) Includes $68 million and $60 million of net unearned income, unamortized premiums and discounts and deferred fees and costs at June 30, 2025 and December 31, 2024, respectively. 

The following table provides information related to the allowance for credit losses by portfolio segment and by class of financing receivable for the quarter ended June 30, 2025 (in thousands):Balance as of             June 30,