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.
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Recurring and Nonrecurring Fair Value Measurements
Table 24: Recurring and Nonrecurring Fair Value Measurements
| Fair Value Measurements Using: | ||||
|---|---|---|---|---|
| September 30, | Quoted Prices inActive Marketsfor IdenticalAssets | SignificantOtherObservableInputs | SignificantUnobservableInputs | |
| (unaudited, in thousands) | 2026 | (level 1) | (level 2) | (level 3) |
| Recurring fair value measurements | ||||
| Equity securities | $18,303 | $18,303 | $— | $— |
| Available-for-sale debt securities | ||||
| U.S. Treasury | 196,710 | 196,710 | — | — |
| U.S. Government sponsored entities and agencies | 197,728 | — | 197,728 | — |
| Residential mortgage-backed securities and collateralized mortgage obligations of government sponsored entities and agencies | 2,729,247 | — | 2,729,247 | — |
| Commercial mortgage-backed securities and collateralized mortgage obligations of government sponsored entities and agencies | 52,650 | — | 52,650 | — |
| Asset backed securities | 63,601 | — | 63,601 | — |
| Obligations of states and political subdivisions | 74,077 | — | 71,971 | 2,106 |
| Corporate debt securities | 39,679 | — | 39,679 | — |
| Total available-for-sale debt securities | $3,353,692 | $196,710 | $3,154,876 | $2,106 |
| Loans held for sale (1) | 37,545 | — | 37,545 | — |
| Other assets—interest rate derivatives agreements | 99,078 | — | 99,078 | — |
| Total assets recurring fair value measurements | $3,508,618 | $215,013 | $3,291,499 | $2,106 |
| Other liabilities—interest rate derivatives agreements | $97,876 | $— | $97,876 | $— |
| Total liabilities recurring fair value measurements | $97,876 | $— | $97,876 | $— |
| Nonrecurring fair value measurements | ||||
| Collateral dependent loans | $27,643 | $— | $— | $27,643 |
| Other real estate owned and repossessed assets | 1,784 | — | — | 1,784 |
| Total nonrecurring fair value measurements | $29,427 | $— | $— | $29,427 |
(1) At September 30, 2026, loans HFS included one commercial loan, which is carried at its amortized cost of $19.2 million. Because it is carried at its amortized cost rather than its fair value, it is not included in the table above.
| Fair Value Measurements Using: | ||||
|---|---|---|---|---|
| December 31, | Quoted Prices inActive Marketsfor IdenticalAssets | SignificantOtherObservableInputs | SignificantUnobservableInputs | |
| (in thousands) | 2025 | (level 1) | (level 2) | (level 3) |
| Recurring fair value measurements | ||||
| Equity securities | $30,809 | $30,809 | $— | $— |
| Available-for-sale debt securities: | ||||
| U.S. Treasury | 196,857 | 196,857 | — | — |
| U.S. Government sponsored entities and agencies | 222,997 | — | 222,997 | — |
| Residential mortgage-backed securities and collateralized mortgage obligations of government sponsored entities and agencies | 2,610,448 | — | 2,610,448 | — |
| Commercial mortgage-backed securities and collateralized mortgage obligations of government sponsored entities and agencies | 63,615 | — | 63,615 | — |
| Asset backed securities | 68,935 | — | 68,935 | — |
| Obligations of state and political subdivisions | 73,188 | — | 70,903 | 2,285 |
| Corporate debt securities | 52,292 | — | 52,292 | — |
| Total available-for-sale debt securities | $3,288,332 | $196,857 | $3,089,190 | $2,285 |
| Loans held for sale | 87,454 | — | 87,454 | — |
| Other assets—interest rate derivatives agreements | 63,144 | — | 63,144 | — |
| Total assets recurring fair value measurements | $3,469,739 | $227,666 | $3,239,788 | $2,285 |
| Other liabilities—interest rate derivatives agreements | $64,181 | $— | $64,181 | $— |
| Total liabilities recurring fair value measurements | $64,181 | $— | $64,181 | $— |
| Nonrecurring fair value measurements | ||||
| Collateral dependent loans | $20,400 | $— | $— | $20,400 |
| Other real estate owned and repossessed assets | 907 | — | — | 907 |
| Total nonrecurring fair value measurements | $21,307 | $— | $— | $21,307 |
Wesbanco’s policy is to recognize transfers between levels as of the actual date of the event or change in circumstances that caused the transfer. There wereno transfers between level 1, 2 or 3 for thethree and nine months ended September 30, 2026 or for the year ended December 31, 2025.
The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which Wesbanco has utilized level 3 inputs to determine fair value:
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.