Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Schedule of borrowed funds

Borrowed funds at December 31, 2022 and 2021 are presented in the following table:

	December 31,
	2022				2021
	Amount		Average rate		Amount		Average rate
Term notes payable to the FHLB of Pittsburgh, due within one year	$	500,000	4.55	%	$	—	—	%
Notes payable to the FHLB of Pittsburgh, due within one year	51,300		4.45	%	—		—	%
Collateralized borrowings, due within one year	105,766		0.27	%	139,093		0.19	%
Collateral received, due within one year	24,100		4.17	%	—		—	%
Total borrowed funds	$	681,166			$	139,093

Schedule of capital debt securities and junior subordinated deferrable interest debentures

The following table sets forth a summary of the cumulative trust preferred securities and the junior subordinated debt held by the Trust as of December 31, 2022 and 2021.

	Maturity date	Interest rate	Capital debt securities		December 31,
					2022	2021
Northwest Bancorp Capital Trust III	December 30, 2035	3-month LIBOR plus 1.38%	$	50,000	51,547	51,547
Northwest Bancorp Statutory Trust IV	December 15, 2035	3-month LIBOR plus 1.38%	50,000		51,547	51,547
LNB Trust II	June 15, 2037	3-month LIBOR plus 1.48%	7,875		8,119	8,119
Union National Capital Trust I (1)	January 23, 2034	3-month LIBOR plus 2.85%	8,000		7,975	7,950
Union National Capital Trust II (1)	November 23, 2034	3-month LIBOR plus 2.00%	3,000		2,768	2,741
MFBC Statutory Trust I (1)	September 15, 2035	3-month LIBOR plus 1.70%	5,000		3,684	3,580
Universal Preferred Trust (1)	October 7, 2035	3-month LIBOR plus 1.69%	5,000		3,674	3,570
			$	128,875	129,314	129,054

(1) Net of discounts due to the fair value adjustment made at the time of acquisition