Northwest Bank

Iowa – Clay – Spencer

(SM) Commercial bank, state charter & Fed member

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Details

(SM) Commercial bank, state charter & Fed member

active

32647

1988

FDIC Certificate Number: 32647
FDIC's unique number: 45481
The FDIC Field Office where an institution is physically located: Sioux City

Federal Reserve ID Number: 1387605
Report Date: 2011-06-30

Bank Charter Class: SM

Number of Domestic Offices: 15
Number of Foreign Offices: 0
The date of the last data update: 2011-06-28

1988-12-30 Institution established. Original name: Northwest Fsb.
1988-12-31 Acquired Northwest Federal Savings And Loan Association Of Spencer in Spencer, Iowa.
1988-12-31 Acquired Home Federal Savings And Loan Association Of Spencer in Spencer, Iowa.
2006-08-25 Acquired Gateway Savings Bank in Ankeny, Iowa.
2008-04-15 Changed name to Northwest Bank .
2011-06-01 Changed primary regulatory agency from Office Of Thrift Supervision to Federal Reserve Board.
2011-06-01 Changed institution class to Insured Commercial Banks, State, Members Frs.

Total assets: $826,700,000
Total deposits: $692,922,000
Deposits held in domestic offices: $692,922,000
Equity capital: $69,975,000

Net income: $3,924,000

Return on Assets: 0.95
Return on Equity: 11.38
Last updated on: 2011-10-20

Bank Holding Company: Northwest Financial Corp.

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Profile ID: LFUS-BAB-P-8616

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