NORTHWEST SAVINGS REPORTS INCOME DROP

The parent of Northwest Savings Bank in the Rochester market, Northwest Bancshares, Inc, reported almost an 18 percent decline in net income for the second quarter.
Analysts polled by Thomson Reuters had projected earnings of 18 cents a share for the Warren, Pa.-based company.
The FDIC says Northwest Savings Bank ranks 16th in the Rochester market with local deposits of $147.1 million at its five branches.

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