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Overview / Commentary
715-723-4461
202 Bridge Street
Chippewa Falls, WI 54729

Northwestern Bank is headquartered in Chippewa Falls and is the 48th largest bank in the state of Wisconsin. It is also the 1,713st largest bank in the nation. It was established in 1904 and as of March of 2014, it had grown to 73 employees at 7 locations. Northwestern Bank has a A health rating.

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Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Northwestern Bank had $4.85 million in non-current loans and owned real-estate with $50.41 million in equity and loan loss allowances on hand to cover it. This gives Northwestern Bank a Texas Ratio of 9.61% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Northwestern Bank decreased slightly from 11.72% as of March 31, 2013 to 9.61% as of March 31, 2014, resulting in a positive change of 17.94%.This indicates that the balance sheet and financial strength for Northwestern Bank has improved slightly in recent periods.

Deposit Growth

GRADE:
A

In the past year, Northwestern Bank has increased its total deposits by $11.08 million, resulting in 3.38% 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 Northwestern Bank has shown is excellent.

Capitalization

GRADE:
A+

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. Northwestern Bank has $388.93 million in assets with $50.41 million in equity, resulting in a capitalization level of 12.96%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #2468
Year Established1904
Employees73
Primary RegulatorFED
Assets and Liabilities
Assets$388.93 million
Loans$216.17 million
Deposits$338.37 million
Equity Capital$44.97 million
Loan Loss Allowance$5.45 million
Unbacked Noncurrent Loans$2.59 million
Real Estate Owned$2.26 million
Historic Data - March 2013
Assets$375.26 million
Equity Capital$46.03 million
Loan Loss Allowance$4.27 million
Unbacked Noncurrent Loans$2.59 million
Real Estate Owned$2.29 million
Profit Margin - Quarterly
Net Interest Margin3.99%
Return on Assets1.32%
Return on Equity11.67%
Interest Income$4.02 million
Rates
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Northwestern Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.00%$1k-36 Month CD
0.80%$1k-30 Month CD
0.75%$1k-24 Month CD
0.70%$1k-18 Month CD
0.60%$1k-12 Month CD
0.40%$1k-182 Day CD
0.30%$1k-91 Day CD
Locations


Northwestern Bank Locations
Thorp Branch111 North Washington StreetThorp, WI 54771
Chippewa Drive-Up Branch20 East Central StreetChippewa Falls, WI 54729
Cornell Branch201 Main StreetCornell, WI 54732
Northwestern Bank202 Bridge StreetChippewa Falls, WI 54729
Eau Claire Branch2901 Mall DriveEau Claire, WI 54701
Lafayette Branch5515 County Trunk J and XLafayette Township, WI 54729
Boyd Branch803 East Murray StreetBoyd, WI 54726