Northwest Bank (Spencer, IA): Call Report & UBPR Financial Data
Data as of · sourced from FFIEC call reports. How we update
Northwest Bank is an FDIC-insured commercial bank. The Q2 2026 balance sheet stands at $3.0B in assets, including $2.5B in loans. Returns are notably above industry norms: 1.44% ROA, 14.60% ROE, and 3.69% NIM. Regulatory capital is solid, 11.19% CET1 and 12.44% total risk-based capital ratio. Asset quality is pristine, 0.47% NPLs and a 4.00% Texas Ratio. Northwest operates a 22-branch network.
As of June 30, 2026, Northwest Bank reported a CET1 capital ratio of 11.19%, a return on assets of 1.44%, a nonperforming-loan ratio of 0.47%, a Texas ratio of 4.00%, per financial data filed with the FFIEC.
Headquarters Profile
- Address
- 705 Grand Ave, Spencer, IA 51301
- County
- Clay
- Metro Area
- Spencer, IA
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- December 30, 1988
- Offices
- 22 domestic
- Employees (FTE)
- 403
- Domestic deposits
- $2.62B
- Allowance for credit losses
- $31.2M
- Net charge-offs (YTD)
- $490K
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 32647
- Fed RSSD
- 1387605
- Website
- www.nw.bank →
- Parent Holding Company
- NORTHWEST FINANCIAL CORP. (RSSD 1978713)
Profitability
Capital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
The quarter's own net income, as filed. It needs no adjustment because the filing does not accumulate it through the year.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
Inside the full Northwest Bank terminal
25 years of quarterly trends · 8 tabs · peer percentiles · Excel export
Unlock Northwest Bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Northwest Bank rankings
How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.19% | 1.44% | 0.47% | 4.00% | 3.69% |
| Q1 2026 | 11.60% | 1.26% | 0.49% | 4.06% | 3.56% |
| Q4 2025 | 11.62% | 1.25% | 0.58% | 4.94% | 3.50% |
| Q3 2025 | 11.35% | 1.15% | 0.63% | 5.60% | 3.37% |
| Q2 2025 | 11.45% | 0.98% | 0.42% | 4.55% | 3.18% |
| Q1 2025 | 11.66% | 0.73% | 0.48% | 5.71% | 2.89% |
| Q4 2024 | 11.61% | 0.88% | 0.42% | 5.15% | 2.83% |
| Q3 2024 | 11.39% | 0.55% | 0.43% | 4.35% | 2.64% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, mapped, and listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 22 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Fort Dodge Branch | Fort Dodge , IA | 50501 | $327.8M |
| Spencer Branch | Spencer , IA | 51301 | $289.3M |
| West Des Moines Branch | West Des Moines , IA | 50266 | $264.9M |
| Spirit Lake Branch | Spirit Lake , IA | 51360 | $183.0M |
| Omaha Branch | Omaha , NE | 68144 | $174.6M |
| Creston Main Branch | Creston , IA | 50801 | $169.1M |
| Sioux City Branch | Sioux City , IA | 51106 | $127.8M |
| Algona Branch | Algona , IA | 50511 | $120.2M |
| Arnolds Park Branch | Arnolds Park , IA | 51331 | $112.0M |
| Humboldt Branch | Humboldt , IA | 50548 | $107.4M |
| Le Mars Branch | Le Mars , IA | 51031 | $104.5M |
| Shenandoah Branch | Shenandoah , IA | 51601 | $102.0M |
| Sioux Center Branch | Sioux Center , IA | 51250 | $97.6M |
| Estherville Branch | Estherville , IA | 51334 | $79.4M |
| Ankeny Oralabor Branch | Ankeny , IA | 50023 | $73.9M |
| Ankeny Blvd Branch | Ankeny , IA | 50023 | $70.9M |
| La Vista Branch | La Vista , NE | 68128 | $50.9M |
| Creston Hwy Branch | Creston , IA | 50801 | $46.2M |
| Milford Branch | Milford , IA | 51351 | $44.0M |
| Afton Branch | Afton , IA | 50830 | $39.5M |
| Ames Branch | Ames , IA | 50010 | $38.1M |
| Northwest Bank (main office) | Spencer , IA | 51301 | $0 |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| May 13, 2024 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| May 11, 2024 | Structure Change | Acquired The First National Bank in Creston Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 12, 2013 | Structure Change | Acquired First National Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 11, 2013 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 26, 2006 | Structure Change | Acquired Gateway Savings Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| August 25, 2006 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| February 1, 1992 | Structure Change | Acquired Home Federal Savings and Loan Association, Federal Association Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| December 31, 1988 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 31, 1988 | Structure Change | Acquired Home Federal Savings and Loan Association of Spencer Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 9 events.
Regulatory record
What the public regulatory sources show for Northwest Bank, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- None against the institution on file; 1 against individuals associated with it
- Period: Most recent action March 13, 2006. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 1.8% of deposits in IA, rank 9 of 261 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 2,590 applications, 2,079 loans originated, $513.1M originated, across 24 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
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Frequently asked about Northwest Bank
What are Northwest Bank's total assets?
As of the Q2 2026 filing, Northwest Bank reported total assets of $3.00 billion in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is Northwest Bank headquartered?
Northwest Bank is headquartered in Spencer, IA, United States. It files quarterly FFIEC call reports as required of all FDIC-insured commercial banks.
When was Northwest Bank founded?
Northwest Bank was established in 1988, per the FDIC institution directory.
Is Northwest Bank FDIC-insured?
Yes. Northwest Bank is an FDIC-insured commercial bank (FDIC Certificate #32647). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Northwest Bank?
Northwest Bank's primary federal regulator is the FDIC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is Northwest Bank's CET1 capital ratio?
Northwest Bank reported a Common Equity Tier 1 (CET1) capital ratio of 11.19% in its Q2 2026 call report, above regulatory requirements.
How many branches does Northwest Bank operate?
Northwest Bank operates 22 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Northwest Bank's Texas Ratio?
Northwest Bank's Texas Ratio is 4.00% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
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