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Capital Offerings Profile
Company NameNorthwest Bancshares, Inc.
Issuer NameNorthwest Bancorp Statutory Trust I
Offering TypePrivate Placement - Subsidiary Trust Preferred Stock
DescriptionFloating rate trust preferred securities, due 12/23/31
Currency of IssueUSD
Announcement Date1/9/2002
Completion Date1/9/2002
Mandatory Redemption?Yes
Exchange for Existing Issue?No

Use of Proceeds
The net proceeds from this offering will be used for general corporate purposes, including capital contributions to its banking subsidiaries to support their growth strategies.

Gross Amount Offered ($000)30,000
Amount Including Overallotment ($000)30,000

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