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Northwest Bank
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Northwest Bank
| RSSD ID 1387605 | CERTIFICATE 32647 | ABA NUMBER 273970682 |
| 705 Grand Ave |
Quarter Ended : |
2026-06-30 |
| Spencer, Iowa, 51301 |
Updated : |
2026-07-29 |
| 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 : |
22 |
Number of Employees : |
403 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 2,999,288 |
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Total Interest Income | 75,632 |
| Total Liabilities | 2,704,332 |
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Total NonInterest Income | 13,706 |
| Total Bank Equity Capital | 294,956 |
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Total Interest Expense | 24,719 |
| Total Deposits | 2,622,932 |
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Total NonInterest Expense | 37,413 |
| Net Loans & Leases | 2,447,033 |
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Net Income | 20,083 |
| Loan Loss Allowance | 31,192 |
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Net Charge Offs | 490 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 336,448 |
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Total loans | 2,457,981 |
| Total assets for the leverage ratio | 2,991,059 |
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Loans secured by real estate: | 1,875,098 |
| Tier 1 Leverage Ratio | 10.12 |
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Commercial and industrial loans | 327,512 |
| Tier 1 Capital Ratio | 11.19 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.44 |
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Loans to individuals - Other | 31,234 |
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