Northwest Bank of Rockford

Overview / Commentary

www.nwbrockford.com

815-987-4550

3106 N. Rockton Ave.
Rockford, IL 61101

Northwest Bank of Rockford is headquartered in Rockford and is the 124^th largest bank in the state of Illinois. It is also the 2,166^th largest bank in the nation. It was established in 1972 and as of June of 2021, it had grown to 74 employees at 4 locations. Northwest Bank of Rockford has an A health rating.

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Health

Data as of Q2 2021

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Health Grade Components

Overall
FDIC Certificate #	20666
Year Established	1972
Employees	74
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.93%
Return on Equity - YTD	11.13%
Annual Interest Income	$6.1MM

Assets and Liabilities
Assets	Q2 2021vs Q2 2020	$368.0MM$344.0MM
Loans	Q2 2021vs Q2 2020	$227.9MM$260.7MM
Deposits	Q2 2021vs Q2 2020	$320.2MM$294.6MM
Equity Capital	Q2 2021vs Q2 2020	$31.8MM$28.5MM
Loan Loss Allowance	Q2 2021vs Q2 2020	$2.8MM$5.0MM
Unbacked Noncurrent Loans	Q2 2021vs Q2 2020	$839.00K$6.5MM
Real Estate Owned	Q2 2021vs Q2 2020	$0$0

Rates

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Northwest Bank of Rockford Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%^*	-	$15k	MyRewards Checking - Qualifying
OTHER TIERS: 0.15% → $15k+
0.00%	-	-	MyRewards Checking - Non Qualifying

Locations

Northwest Bank of Rockford Locations
Machesney Park Branch	1100 Ralston Road	Machesney Park, IL 61115
Springstead Facility	125 Phelps Avenue	Rockford, IL 61108
Northwest Bank Of Rockford	3106 North Rockton Avenue	Rockford, IL 61101
Perryville Office	4402 Peak Drive	Loves Park, IL 61111

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