WESBANCO INC
For the period ended Sep 30, 2026. Filed Oct 29, 2026.
View on SEC.govAbout this filing
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
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Debt Securities Summary
Table 2: Debt Securities Summary
| September 30, 2026 | December 31, 2025 | |||||||
|---|---|---|---|---|---|---|---|---|
| (unaudited, in thousands) | AmortizedCost | GrossUnrealizedGains | GrossUnrealizedLosses | FairValue | AmortizedCost | GrossUnrealizedGains | GrossUnrealizedLosses | FairValue |
| Available-for-sale debt securities | ||||||||
| U.S. Treasury | $197,154 | $— | $(444) | $196,710 | $196,586 | $271 | $— | $196,857 |
| U.S. Government sponsored entities and agencies | 225,388 | — | (27,660) | 197,728 | 243,408 | 212 | (20,623) | 222,997 |
| Residential mortgage-backed securities and collateralized mortgage obligations of government sponsored entities and agencies | 3,006,963 | 2,180 | (279,896) | 2,729,247 | 2,771,608 | 15,149 | (176,309) | 2,610,448 |
| Commercial mortgage-backed securities and collateralized mortgage obligations of government sponsored entities and agencies | 56,268 | — | (3,618) | 52,650 | 66,043 | 233 | (2,661) | 63,615 |
| Asset backed securities | 63,743 | 41 | (183) | 63,601 | 69,095 | 45 | (205) | 68,935 |
| Obligations of states and political subdivisions | 80,322 | 3 | (6,248) | 74,077 | 74,738 | 412 | (1,962) | 73,188 |
| Corporate debt securities | 39,582 | 509 | (412) | 39,679 | 51,334 | 1,015 | (57) | 52,292 |
| Total available-for-sale debt securities | $3,669,420 | $2,733 | $(318,461) | $3,353,692 | $3,472,812 | $17,337 | $(201,817) | $3,288,332 |
| Held-to-maturity debt securities | ||||||||
| U.S. Government sponsored entities and agencies | $2,026 | $— | $(176) | $1,850 | $2,341 | $— | $(134) | $2,207 |
| Residential mortgage-backed securities and collateralized mortgage obligations of government sponsored entities and agencies | 23,108 | 1 | (2,255) | 20,854 | 27,014 | 2 | (1,547) | 25,469 |
| Obligations of states and political subdivisions | 1,067,030 | 20 | (167,517) | 899,533 | 1,100,788 | 2,137 | (96,687) | 1,006,238 |
| Corporate debt securities | 1,975 | — | (9) | 1,966 | 1,971 | 72 | — | 2,043 |
| Total held-to-maturity debt securities (1) | $1,094,139 | $21 | $(169,957) | $924,203 | $1,132,114 | $2,211 | $(98,368) | $1,035,957 |
| Total debt securities | $4,763,559 | $2,754 | $(488,418) | $4,277,895 | $4,604,926 | $19,548 | $(300,185) | $4,324,289 |
(1)Total HTM debt securities are presented on the Consolidated Balance Sheet net of their ACL totaling$0.2 million at September 30, 2026 and December 31, 2025.
Equity securities, of which$15.8 million and $28.2 million at September 30, 2026 and December 31, 2025, respectively, consist of investments in various mutual funds held in grantor trusts formed in connection with the Company’s deferred compensation plan, are recorded at fair value, and totaled$18.3 million and$30.8 million at September 30, 2026 and December 31, 2025, respectively.
The following table presents the amortized cost and fair value of AFS and HTM debt securities by contractual maturity date at September 30, 2026. Actual maturities will differ from contractual maturities because borrowers may have the right to call or prepay debt obligations with or without prepayment penalties. Mortgage-backed securities and collateralized mortgage obligations are classified in the table below based on their contractual maturity date; however, regular principal payments and prepayments of principal are received on a monthly basis.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.