Northwest Bank

Northwest Bank of Spencer, IA, chartered 1988: 22 offices, $3.00bn in assets, a 10.12% leverage ratio. Straight from the federal record.

Northwest Bank is an FDIC-insured community bank headquartered in Spencer, IA, chartered in 1988. It is supervised by the FDIC and held by Northwest Financial Corp. Every figure below is filed by the bank with its regulator and reproduced here unchanged.

Where Northwest Bank has branches

22 full-service offices across 2 states:

• Iowa: 20 offices in 17 towns, holding $2.27bn at 30 June 2025
• Nebraska: 2 offices in 2 towns, holding $218m at 30 June 2025

Northwest Bank on its latest Call Report, 30 June 2026

• Total assets: $3.00bn
• Total deposits: $2.62bn
• Tier 1 leverage ratio: 10.12%
• Total risk-based capital ratio: 12.44%
• Noncurrent loans, as a share of loans: 0.23%
• Return on assets: 1.35%
• Net interest margin: 3.66%
• Staff: 403

Compare Northwest Bank against every other bank with a branch in Iowa, or find the offices nearest you.

Charter and office records from the FDIC BankFind Suite; capital, loan and earnings figures from the bank's own Call Report; deposits by office from the FDIC Summary of Deposits, counted each 30 June.