FORM 5
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
[ ] Form 3 Holdings Reported
[ ] Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

                                                                                  

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

HUBER TIMOTHY A

2. Issuer Name and Ticker or Trading Symbol

Northwest Bancshares, Inc. [NWBI]

5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Exec. V.P., Commercial Lending

(Last)          (First)          (Middle)

100 LIBERTY STREET

3. Statement for Issuer's Fiscal Year Ended (MM/DD/YYYY)
12/31/2010 
(Street)

WARREN, PA 16365

(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person


Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Northwest Bancshares, Inc.                 176295.426   (1) D  
 
Northwest Bancshares, Inc.                 19739.833   (2) I   IRA  
Northwest Bancshares, Inc.                 6652.827   (3) I   Wife's IRA  
Northwest Bancshares, Inc.                 1252.563   (4) I   Son  
Northwest Bancshares, Inc.                 46658.521   (5) I   401-K  
Northwest Bancshares, Inc.                 23404.748   (6) I   ESOP  

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YYYY)
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option Plan (Right to Buy)   $4.35                 10/18/2001   10/17/2011   Northwest Bancshares, Inc.   3870     3870   D  
 
Option Plan (Right to Buy)   $5.91                 8/21/2002   8/21/2012   Northwest Bancshares, Inc.   6885     6885   D  
 
Option Plan (Right to Buy)   $7.37                 8/20/2003   8/20/2013   Northwest Bancshares, Inc.   9180     9180   D  
 
Option Plan (Right to Buy)   $11.33                 12/15/2004   12/15/2014   Northwest Bancshares, Inc.   11475     11475   D  
 
Option Plan (Right to Buy)   $10.19                 1/19/2006   1/19/2015   Northwest Bancshares, Inc.   10125     10125   D  
 
Option Plan (Right to Buy)   $9.86                 1/18/2007   1/18/2016   Northwest Banchshares, Inc.   10125     10125   D  
 
Option Plan (Right to Buy)   $11.51                 1/17/2008   1/17/2017   Northwest Bancshares, Inc.   10125     10125   D  
 
Option Plan (Right to Buy)   $11.12                 1/16/2009   1/16/2018   Northwest Bancshares, Inc.   10125     10125   D  
 
Option Plan (Right to Buy)   $9.79                 11/19/2009   11/19/2018   Northwest Bancshares, Inc.   10125     10125   D  
 
Option Plan (Right to Buy)   $7.48                 2/18/2010   2/18/2019   Northwest Bancshares, Inc.   10125     10125   D  
 
Option Plan (Right to Buy)   $11.49                 1/20/2011   1/20/2020   Northwest Bancshares, Inc.   13000     13000   D  
 

Explanation of Responses:
( 1)  Includes 4,536.766 shares acquired through dividend reinvestment since the Form 3 filing.
( 2)  Includes 509.833 shares acquired through dividend reinvestment since the Form 3 filing.
( 3)  Includes 171.827 shares acquired through dividend reinvestment since the Form 3 filing.
( 4)  Includes 34.868 shares acquired through dividend reinvestment since the Form 3 filing.
( 5)  Includes 3271.52 shares acquired through payroll deductions into the company's 401-K Plan since the Form 3 filing.
( 6)  Includes 1165.74 shares acquired through the company's ESOP distributions since the Form 3 filing.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
HUBER TIMOTHY A
100 LIBERTY STREET
WARREN, PA 16365


Exec. V.P., Commercial Lending

Signatures
Timothy A. Huber 2/11/2011
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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