WesBanco(US:WSBC)2025-07-07 12:06Financial Performance - Pre-tax, pre-provision income increased by 14.2% year-over-year to $64.8 million[4] - Net income available to common shareholders was $50.6 million, with diluted EPS of $0.76[4] - Mortgage banking income increased significantly by 84.0% year-over-year to $5.4 million[4] - The efficiency ratio improved to 57.06%[4] Balance Sheet and Loan Portfolio - Total risk-based capital ratio was 17.57%[3] - Loan growth was 5.1% year-over-year, including approximately $726.3 million in SBA PPP loans[4] - Deposit growth (excluding CDs) was 20.8% year-over-year[4] - Q4 residential real estate loan levels were impacted by retaining a smaller percentage of the $351 million of Q4 mortgage origination dollar volume (~50% refi) on the balance sheet[11] - Q4 consumer loans declined 17.6% YoY reflecting payoffs driven by utilization of residential mortgage refinancing and higher personal savings[11] Asset Quality and Credit Loss - Non-performing assets to total assets ratio was 0.25%[6] - Net loan charge-offs to average loans (annualized) was 0.02%[6] - Allowance for credit losses as a percentage of total loans was 1.72%, or 1.85% excluding SBA PPP loans[42] Customer Support and Deferrals - Pandemic-related loan deferral balances decreased by approximately 90% from the May 2020 peak, reaching $171 million as of December 31, 2020[15]