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Northwest Bank
Northwest Bank
RSSD ID 1387605 | CERTIFICATE 32647 | ABA NUMBER 273970682 |
705 Grand Ave |
Quarter Ended : |
2025-03-31 |
Spencer, Iowa, 51301 |
Updated : |
2025-04-25 |
www.nw.bank |
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Institution Profile |
Year Opened : |
1988 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
23 |
Number of Employees : |
393 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 2,909,774 |
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Total Interest Income | 34,009 |
Total Liabilities | 2,642,021 |
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Total NonInterest Income | 5,052 |
Total Bank Equity Capital | 267,753 |
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Total Interest Expense | 14,288 |
Total Deposits | 2,536,769 |
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Total NonInterest Expense | 17,446 |
Net Loans & Leases | 2,255,041 |
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Net Income | 5,273 |
Loan Loss Allowance | 29,413 |
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Net Charge Offs | 0 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 314,177 |
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Total loans | 2,266,051 |
Total assets for the leverage ratio | 2,902,773 |
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Loans secured by real estate: | 1,777,875 |
Tier 1 Leverage Ratio | 9.78 |
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Commercial and industrial loans | 270,160 |
Tier 1 Capital Ratio | 11.66 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 12.91 |
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Loans to individuals - Other | 36,446 |
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