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 Northwest Bank of Rockford
Northwest Bank of Rockford
| RSSD ID 685649 | CERTIFICATE 20666 | ABA NUMBER 71923857 |
| 3106 N Rockton Ave |
Quarter Ended : |
2025-03-31 |
| Rockford, Illinois, 61103 |
Updated : |
2025-04-15 |
| www.nwbrockford.com |
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| Institution Profile |
| Year Opened : |
1972 |
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 : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
4 |
Number of Employees : |
50 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 483,415 |
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Total Interest Income | 6,224 |
| Total Liabilities | 446,605 |
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Total NonInterest Income | 892 |
| Total Bank Equity Capital | 36,810 |
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Total Interest Expense | 2,570 |
| Total Deposits | 420,880 |
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Total NonInterest Expense | 2,762 |
| Net Loans & Leases | 340,695 |
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Net Income | 1,136 |
| Loan Loss Allowance | 5,462 |
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Net Charge Offs | 54 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 349,122 |
| Total assets for the leverage ratio | 475,659 |
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Loans secured by real estate: | 213,586 |
| Tier 1 Leverage Ratio | 8.95 |
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Commercial and industrial loans | 67,759 |
| Off Balance Sheet Exposures (%) | 14.63 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 59,005 |
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:· Northwest Bank of Rockford
