Company: NWBI
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001471265-25-000016
Chunk: 151

Company: Northwest Bancshares, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1B
Chunk 151
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 years through ten years8,466 — (778)7,688 Residential mortgage-backed securities:    Fixed rate pass-through209,069 27 (25,222)183,874 Variable rate pass-through7,140 11 (71)7,080 Fixed rate agency CMOs789,842 — (143,055)646,787 Variable rate agency CMOs23,965 38 (453)23,550 Total residential mortgage-backed securities1,030,016 76 (168,801)861,291 Total marketable securities available-for-sale$1,240,003 223 (196,867)1,043,359 Marketable securities held-to-maturity at December 31, 2023 are as follows:     Amortized costGross unrealizedholding gainsGross unrealizedholding lossesFair valueDebt issued by the U.S. government and agencies:    Due after one year through five years$69,471 — (8,100)61,371 Due after five years through ten years54,987 — (8,700)46,287 Residential mortgage-backed securities:    Fixed rate pass-through147,874 — (20,834)127,040 Variable rate pass-through449 1 — 450 Fixed rate agency CMOs541,529 — (77,694)463,835 Variable rate agency CMOs529 — (6)523 Total residential mortgage-backed securities690,381 1 (98,534)591,848 Total marketable securities held-to-maturity$814,839 1 (115,334)699,506 The following table shows the contractual maturity of our residential mortgage-backed securities available-for-sale at December 31, 2024:Amortized costFair valueResidential mortgage-backed securities:Due within one year$88 89 Due after one year through five years10,495 10,419 Due after five years through ten years8,508 7,591 Due after ten years1,119,927 970,608 Total residential mortgage-backed securities$1,139,018 988,707 

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Table of ContentsNORTHWEST BANCSHARES, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTSDecember