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
Extracted filing text, with the paragraph anchors used by the comparison.
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Non-performing Portfolio Loans
Table 12: Non-performing Portfolio Loans(1)
| September 30, 2026 · December 31, 2025 | ||||||
|---|---|---|---|---|---|---|
| Unpaid | Unpaid | |||||
| Principal | Recorded | Related | Principal | Recorded | Related | |
| (unaudited, in thousands) | Balance (2) | Investment | Allowance | Balance (2) | Investment | Allowance |
| With no related specific allowance recorded: | ||||||
| Commercial real estate: | ||||||
| Land and construction | $15,364 | $15,265 | $— | $832 | $832 | $— |
| Improved property | 19,651 | 16,782 | — | 20,883 | 18,265 | — |
| Commercial and industrial | 22,842 | 16,539 | — | 12,043 | 9,133 | — |
| Residential real estate | 55,416 | 43,625 | — | 44,292 | 34,332 | — |
| Home equity | 14,059 | 10,492 | — | 12,673 | 9,248 | — |
| Consumer | 1,321 | 333 | — | 2,875 | 1,326 | — |
| Total non-accrual loans without a specific allowance | 128,653 | 103,036 | — | 93,598 | 73,136 | — |
| With a specific allowance recorded: | ||||||
| Commercial real estate: | ||||||
| Land and construction | 20,112 | 12,167 | 763 | — | — | — |
| Improved property | 34,750 | 34,402 | 23,180 | 11,627 | 11,489 | 6,377 |
| Commercial and industrial | 5,365 | 5,365 | 4,215 | 6,959 | 6,959 | 6,918 |
| Residential real estate | — | — | — | — | — | — |
| Home equity | — | — | — | — | — | — |
| Consumer | — | — | — | — | — | — |
| Total non-accrual loans with a specific allowance | 60,227 | 51,934 | 28,158 | 18,586 | 18,448 | 13,295 |
| Total non-performing portfolio loans (3) (4) | $188,880 | $154,970 | $28,158 | $112,184 | $91,584 | $13,295 |
(1) Non-performing loans consist solely of non-accrual loans.
(2)The difference between the unpaid principal balance and the recorded investment generally reflects amounts that have been previously charged-off, fair market value adjustments on acquired non-performing loans and capitalized loan origination fees and costs.
(3) At September 30, 2026, there were nineteen borrowers with loan balances greater than $1.0 million, which totaled $88.6 million, as compared toeleven borrowers with loan balances greater than $1.0 million totaling $35.5 million at December 31, 2025. Total non-performing loans may include loans that are also restructured for borrowers experiencing financial difficulty. See the "Financial Difficulty Modifications" section for further detail.
(4) At September 30, 2026, one loan on non-accrual with an amortized cost of $19.2 million was included in loans HFS. Because it is HFS, it is not reflected in Table 12, but is included in Table 11 and Table 13 as part of non-accrual loans.
| For the Three Months Ended · For the Nine Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|
| September 30, 2026 | September 30, 2025 | September 30, 2026 | September 30, 2025 | |||||
| Average | Interest | Average | Interest | Average | Interest | Average | Interest | |
| Recorded | Income | Recorded | Income | Recorded | Income | Recorded | Income | |
| (unaudited, in thousands) | Investment | Recognized | Investment | Recognized | Investment | Recognized | Investment | Recognized |
| With no related specific allowance recorded: | ||||||||
| Commercial real estate: | ||||||||
| Land and construction | $15,660 | $— | $1,526 | $— | $15,089 | $— | $763 | $— |
| Improved property | 25,064 | — | 16,934 | — | 25,420 | — | 18,463 | — |
| Commercial and industrial | 14,847 | — | 9,109 | — | 13,143 | — | 7,590 | — |
| Residential real estate | 40,273 | — | 27,963 | — | 37,423 | — | 23,613 | — |
| Home equity | 10,328 | — | 8,338 | — | 9,934 | — | 7,660 | — |
| Consumer | 322 | — | 2,087 | — | 750 | — | 1,901 | — |
| Total non-accrual loans without a specific allowance | 106,494 | — | 65,957 | — | 101,759 | — | 59,990 | — |
| With a specific allowance recorded: | ||||||||
| Commercial real estate: | ||||||||
| Land and construction | 16,140 | — | — | — | 8,070 | — | — | — |
| Improved property | 25,670 | — | 14,099 | — | 19,991 | — | 8,609 | — |
| Commercial and industrial | 6,165 | — | 9,348 | — | 6,562 | — | 6,414 | — |
| Total non-accrual loans with a specific allowance | 47,975 | — | 23,447 | — | 34,623 | — | 15,023 | — |
| Total non-performing portfolio loans | $154,469 | $— | $89,404 | $— | $136,382 | $— | $75,013 | $— |
The following table summarizes non-accrual loans:
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.