WESBANCO INC
For the period ended Sep 30, 2026. Filed Oct 29, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 29, 2026
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Debt Securities by Contractual Maturity Date
Table 3: Debt Securities by Contractual Maturity Date
| (unaudited, in thousands) | Within One Year | After 1 Year through 5 Years | After 5 Yearsthrough 10 Years | After 10 Years | Total |
|---|---|---|---|---|---|
| Available-for-sale debt securities: | |||||
| U.S. Treasury | $197,154 | $— | $— | $— | $197,154 |
| U.S. Government sponsored entities and agencies | 2,001 | 87,307 | 43,129 | 92,951 | 225,388 |
| Residential mortgage-backed securities and collateralized mortgage obligations of government sponsored entities and agencies | 35 | 26,153 | 287,312 | 2,693,463 | 3,006,963 |
| Commercial mortgage-backed securities and collateralized mortgage obligations of government sponsored entities and agencies | 2,029 | 29,958 | 3,889 | 20,392 | 56,268 |
| Asset backed securities | — | — | — | 63,743 | 63,743 |
| Obligations of states and political subdivisions | 2,046 | 37,938 | 16,924 | 23,414 | 80,322 |
| Corporate debt securities | 9,495 | 26,340 | 3,747 | — | 39,582 |
| Total available-for-sale debt securities at amortized cost | $212,760 | $207,696 | $355,001 | $2,893,963 | $3,669,420 |
| Fair value | $212,239 | $195,863 | $316,522 | $2,629,068 | $3,353,692 |
| Weighted-average yield (1) | 3.87% | 3.41% | 2.60% | 3.59% | 3.50% |
| Held-to-maturity debt securities: | |||||
| U.S. Government sponsored entities and agencies | $— | $1,001 | $1,025 | $— | $2,026 |
| Residential mortgage-backed securities and collateralized mortgage obligations of government sponsored entities and agencies | — | 1,865 | 4,731 | 16,512 | 23,108 |
| Obligations of states and political subdivisions | 15,236 | 298,819 | 548,776 | 204,199 | 1,067,030 |
| Corporate debt securities | — | 1,975 | — | — | 1,975 |
| Total held-to-maturity debt securities at amortized cost | $15,236 | $303,660 | $554,532 | $220,711 | $1,094,139 |
| Fair value | $15,127 | $282,984 | $454,488 | $171,604 | $924,203 |
| Weighted-average yield (1) | 3.86% | 3.52% | 2.79% | 3.06% | 3.06% |
(1)Weighted-average yields are based on the amortized cost with effective yields weighted for the contractual maturity of each security. Weighted-average yields on tax exempt securities have been calculated on a taxable equivalent basis using the federal statutory tax rate of 21%.
Securities with an aggregate carrying value of $2.7 billion and$2.8 billion at September 30, 2026 and December 31, 2025, respectively, were pledged as security for public and trust funds, and securities sold under agreements to repurchase. Proceeds from the sale of AFS securities for the nine months ended September 30, 2026 and 2025 totaled $22.3 million and $876.9 million, respectively. Net unrealized losses on AFS securities included in AOCI, net of tax, as of September 30, 2026 and December 31, 2025 were$241.6 million and$139.5 million, respectively.
The following table presents the gross realized gains and losses on sales and calls of AFS and HTM debt securities, as well as gains and losses on equity securities from both sales and market adjustments, for thethree and nine months ended September 30, 2026 and 2025, respectively.
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