Company: NWBI
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001471265-25-000016
Chunk: 171

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1B
Chunk 171
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 56,300 475,333 3,381 1,923,382 Special Mention— 3,914 3,898 627 479 7 28,127 11 37,063 Substandard7,133 21,606 4,669 1,063 89 1,761 8,847 1,789 46,957 Total commercial loans736,996 379,088 271,065 31,496 13,201 58,068 512,307 5,181 2,007,402 Commercial loans current period charge-offs(1,456)(6,752)(4,301)(235)(522)(916)(212)(68)(14,462)Total Commercial Banking980,497 666,430 771,944 404,253 348,286 1,112,321 542,032 31,501 4,857,264 Total loans$1,687,058 1,388,204 1,938,511 1,471,128 1,004,890 2,526,942 1,084,758 78,523 11,180,014 For the year ended December 31, 2024, $16 million of revolving loans were converted to term loans. 

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Table of ContentsNORTHWEST BANCSHARES, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTSDecember 31, 2024, 2023 and 2022

The following table summarizes amortized cost basis loan balances by year of origination, class of loans, and risk category as of December 31, 2023 (in thousands): 20232022202120202019PriorRevolving loansRevolving loans converted to term loansTotal loans receivablePersonal Banking:Residential mortgage loans      Pass$177,313 665,379 792,488 506,068 244,678 1,019,152 — — 3,405,078 Substandard— 1,581 — 1,252 311 11,195 — — 14,339 Total residential mortgage loans177,313 666,960 792,488 507,320 244,989 1,030,347 — — 3,419,417 Residential mortgage