Northwest Bank

Northwest Bank is headquartered in Spencer and is the 13^st largest bank in the state of Iowa. It is also the 756^th largest bank in the nation. It was established in 1988 and as of March of 2012, it had grown to 217 employees at 15 locations. Northwest Bank has a 4-star health rating.

Northwest Bank Checking Account Rates

Data for Q1 2012

Institution Statistics Northwest Bank OTS # 08567 FDIC Certificate # 32647 BankRate Report View Year Established 1988 Employees 217 Primary Regulator FDIC Assets and Liabilities Assets $880.06 million Loans $719.43 million Deposits $750.00 million Equity Capital $74.57 million Loan Loss Allowance $10.37 million Unbacked Noncurrent Loans $12.89 million Real Estate Owned $6.15 million Historic Data - March 2011 Assets $832.51 million Equity Capital $68.93 million Loan Loss Allowance $9.01 million Unbacked Noncurrent Loans $8.57 million Real Estate Owned $7.00 million Profit Margin - Quarterly Net Interest Margin 3.78% Return on Assets 1.24% Return on Equity 14.63% Interest Income $9.54 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Northwest Bank had $19.04 million in non-current loans and owned real-estate with $84.94 million in equity and loan loss allowances on hand to cover it. This gives Northwest Bank a Texas Ratio of 22.42% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Northwest Bank held steady from 19.11% as of March 31, 2011 to 22.42% as of March 31, 2012, resulting in a negative change of 17.33%. This indicates that the balance sheet and financial strength for Northwest Bank has held steady in recent periods. Deposit Growth In the past year, Northwest Bank has increased its total deposits by $50.06 million, resulting in 7.15% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Northwest Bank has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Northwest Bank has $880.06 million in assets with $84.94 million in equity, resulting in a capitalization level of 9.65%, which is average.

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