NASDAQ, NWBI - Northwest Bancshares
Northwest Bancorp, Inc. is a Federal corporation formed on June 29, 2001, as
the successor to a Pennsylvania corporation of the same name. Both the Federal
corporation and its Pennsylvania predecessor are referred to as the ?Company.?
The Company became the stock holding company of Northwest Savings Bank (the
?Bank?) in a transaction (the ?Two-Tier Reorganization?) that was approved by
the Bank?s stockholders in December of 1997, and completed in February of 1998.
In the Two-Tier Reorganization, each share of the Bank?s common stock was
converted into and became a share of common stock of the Company, par value
$0.10 per share (the ?Common Stock?), and the Bank became a wholly-owned
subsidiary of the Company. ...
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