Northwest Bank
Headquartered in Spencer, IA. Part of Northwest Financial Corp. FDIC certificate #32647 · Federal Reserve RSSD 1387605.
Total assets
$3.0B
Deposits
$2.6B
Q1 2026
Active branches
22
Closings since Jan 2020
6
4 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$9M
Return on assets
1.26%
Return on equity
12.70%
Noncurrent loan rate
0.20%
Deposits by year (Summary of Deposits)
12019
22020
22021
22022
22023
22024
22025
Values in $ billions, June 30 of each year.
Closings by year
22020
22021
12022
12026
Openings by year
22020
12021
12022
Other network changes since 2020
- 2 branch relocations
- 4 branches acquired through purchases or mergers
Branches by state
Recent closings
- 3333 N 168TH CT · closed April 20, 2026
- 213 DUFF AVE · closed April 25, 2022
- 818 WEST SEVENTH STREET · closed September 11, 2021
- 723 FIRST AVENUE SOUTH · closed August 31, 2021
- 1700 SE DELAWARE AVE · closed May 29, 2020
- 1321 HAWKEYE AVE SW · closed May 9, 2020
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.nw.bank.