Northwest Bancshares (NWBI), a stock holding company for Northwest Savings Bank, has announced an 1.34 percent decline in earnings for the quarter ended Sep. 30, 2014. The company earned $17.33 million or $0.19 a share in the third quarter compared with $17.57 million or $0.19 a share, a year ago.

Revenue during the third-quarter went up marginally 1.93 percent to $80.08 million from $78.56 million in the last year period.

William J. Wagner, president and CEO, noted, ''We are pleased to report more normal earnings this quarter following a second quarter report that was below expectations.  The substantial increase in earnings over the previous quarter resulted almost entirely from continued improvement in credit quality which provided an opportunity to reduce the quarterly provision for loan losses by $4.8 million.  All other major components of income remained consistent with the previous quarter.  Looking ahead we remain focused on improving shareholder returns by enhancing production and increasing revenues while improving efficiency and controlling operating expense.''

Net interest income for the quarter dropped 0.90 percent over the prior year period to $61.89 million.

Non-interest income for the quarter rose 12.91 percent over the last year period to $18.19 million.

Total assets stood at $7826.93 million as on Sep. 30, 2014, down 1.03 percent compared with $7908.38 million on Sep. 30, 2013.

While total liabilities stood at $6750.20 million as on Sep. 30, 2014, down 0.29 percent from $6769.84 million on Sep. 30, 2013.

Net loans stood at $5885.45 million as on Sep. 30, 2014, up 4.07 percent compared with $5655.24 million on Sep. 30, 2013.

Deposits stood at $5707.72 million as on Sep. 30, 2014, down 0.31 percent compared with $5725.36 million on Sep. 30, 2013.

Equity capital of Northwest Bancshares. decreased 5.43 percent to $1076.72 million as on Sep. 30, 2014 compared with $1138.53 million on Sep. 30, 2013.