WESBANCO INC

Table 40: Past Due and Accruing Loans Excluding Non-accruals

Loans past due 30 days or more and accruing interest, excluding non-accruals, decreased $16.7 million, or 12.9%, and represented 0.56% of total portfolio loans, compared to 0.67% of total portfolio loans at December 31, 2025. These loans continue to accrue interest because they are both well-secured and in the process of collection. Loans 90 days or more past due, excluding non-accruals, decreased $14.1 million and represented 0.12% of total portfolio loans at September 30, 2026 as compared to 0.20% at December 31, 2025.

ALLOWANCE FOR CREDIT LOSSES - LOANS AND LOAN COMMITMENTS

As of September 30, 2026, the total ACL for loans and commitments was $223.8 million, of which $214.6 million related to loans and $9.2 million related to loan commitments. The ACL for loans was 1.08% of total portfolio loans as of September 30, 2026, compared to 1.14% as of December 31, 2025. The ACL for loans individually-evaluated increased $1.9 million from December 31, 2025 to September 30, 2026. On September 30, 2026, the population of individually-evaluated loans consisted of ten relationships, with a total outstanding loan balance of $75.1 million. The ACL for loans collectively-evaluated decreased from December 31, 2025 to September 30, 2026 by $6.1 million, primarily due to changes in macroeconomic conditions over the one‑year forecast period and improvements in qualitative factors. As of September 30, 2026, PCD loans from the PFC acquisition accounted for $5.8 million of the ACL for loans collectively-evaluated. The ACL for loan commitments was $9.2 million at September 30, 2026 as compared to $7.0 million at December 31, 2025, and is included in other liabilities on the Consolidated Balance Sheet.

The ACL by loan category, presented in Note 4, “Loans and the Allowance for Credit Losses” of the Notes to Consolidated Financial Statements, summarizes the impact of changes in various factors that affect the ACL in each segment of the portfolio. The ACL under the CECL methodology is calculated utilizing the PD and LGD approach, which is then discounted to net present value. PD is the probability the asset will default within a given time frame and LGD is the percentage of the asset not expected to be collected due to default. The primary macroeconomic drivers of the quantitative model include forecasts of national unemployment and interest rates, as well as modeling adjustments for changes in prepayment speeds, portfolio mix, concentrations and loan growth. At September 30, 2026, the primary drivers of the allowance were loan growth, changes in macroeconomic conditions over the one year forecast period, and improvements in certain qualitative factors. The unemployment forecast was based upon a probability weighted approach which is designed to incorporate economic forecasts from a baseline, upside and downside economy in the loss projection. At September 30, 2026, Wesbanco applied a one-year forecast and immediately reverted to historical losses. The national unemployment rate was projected to be 4.7% as of September 30, 2026 and subsequently increase to an average of 5.3% over the remainder of the one-year forecast period.

The following table summarizes the allocation of the ACL to each category of the loan portfolio.