Overview / Commentary
Northwest Bank is headquartered in Spencer and is the 7th largest bank in the state of Iowa. It is also the 529th largest bank in the nation. It was established in 1988 and as of June of 2017, it had grown to 303 employees at 20 locations. Northwest Bank has an A health rating.
Health
A
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 32647 |
| Year Established | 1988 |
| Employees | 303 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.53% |
| Return on Equity - YTD | 15.78% |
| Annual Interest Income | $26.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $1.49B$1.41B |
| Loans | Q2 2017vs Q2 2016 | $1.17B$1.16B |
| Deposits | Q2 2017vs Q2 2016 | $1.26B$1.20B |
| Equity Capital | Q2 2017vs Q2 2016 | $145.0MM$138.2MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $16.8MM$16.5MM |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $1.1MM$2.1MM |
| Real Estate Owned | Q2 2017vs Q2 2016 | $117.00K$205.00K |
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Northwest Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.75% | $1k | - | 38 Month Customized Jump Up eCD |
Northwest Bank IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.75% | $1k | - | 38 Month Customized Jump Up IRA |
