Northwest Bank and Trust Company in Davenport, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Northwest Bank and Trust Company in Davenport, Iowa (IA)
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Northwest Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 15830
    Status: Active
    Federal Reserve ID: 901741
    Date Established: July 07, 1941
    WWW: http://www.northwestbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 14840
    FDIC's unique #: 10071
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 07, 1941
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 East Kimberly Road, Davenport, IA 52806
    County: Scott
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Cedar Rapids
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Davenport-Moline-Rock Island, IA-IL (#1960)
    Core Based Statistical Area (CBSA): Davenport-Moline-Rock Island, IA-IL (#19340)
    CBSA Metro Statistical Area: Davenport-Moline-Rock Island, IA-IL (#19340)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $206.6 mil
    Equity capital: $15.6 mil
    Deposits held in domestic offices: $179.6 mil
    Return on assets (ROA): 0.52% ($1.1 mil)
    Quarterly return on assets: 0.34% ($0.7 mil)
    Return on Equity (ROE): 6.91% ($1.1 mil)
    Quarterly return on equity: 4.57% ($0.7 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.54% ($1,115.7 mil)
    Quarterly Pretax return on assets: 0.34% ($702.5 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 68Total employees (full-time equivalent)
  • $206,617Total assets
  • $67,058Cash and due from depository institutions
  • $62,980Interest-bearing balances
  • $10,977Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $104,834Net loans & leases
  • $2,190Loan loss allowance
  • $0Trading account assets
  • $11,430Bank premises and fixed assets
  • $3,215Other real estate owned
  • $0Goodwill and other intangibles
  • $206,617Life insurance assets
  • $9,103All other assets
  • $191,066Total liabilities and capital
  • $179,557Total liabilities
  • $143,685Total deposits
  • $179,557Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 2936.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $7,124Trading liabilities
  • $0Other borrowed funds
  • $1,449Subordinated debt
  • $15,551All other liabilities
  • $15,551Total equity capital
  • $15,551Total bank equity capital
  • $0Perpetual preferred stock
  • $4,250Common stock
  • $6,231Surplus
  • $5,070Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,989Income earned, not collected on loans
  • $240Earning assets
  • $492Long-term assets (5+ years)
  • $178,791Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $209,113Volatile liabilities
  • $207,574Insider loans
  • $129,740FHLB advances
  • $206,617Loans and leases held for sale
  • $6,500Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $15,551Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $26,703Restructured Loans and leases
  • $1,733Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,553Total interest income
  • $2,308Total interest expense
  • $6,245Net interest income
  • $812Provision for loan and lease losses
  • $3,413Total noninterest income
  • $0Fiduciary activities
  • $710Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,703Additional noninterest income
  • $7,716Total noninterest expense
  • $4,752Salaries and employee benefits
  • $574Premises and equipment expense
  • $2,390Additional noninterest expense
  • $1,130Pre-tax net operating income
  • $0Securities gains (losses)
  • $42Applicable income taxes
  • $1,088Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,088Net income attributable to bank
  • $0Net charge-offs
  • $1,088Cash dividends
  • $936Sale, conversion, retirement of capital stock, net
  • $1,683Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.75%Yield on earning assets
  • 1.28%Cost of funding earning assets
  • 3.47%Net interest margin
  • 1.90%Noninterest income to earning assets
  • 4.29%Noninterest expense to earning assets
  • 0.52%Net operating income to assets
  • 0.52%Return on assets (ROA)
  • 0.54%Pretax return on assets
  • 6.91%Return on equity (ROE)
  • -3.78%Retained earnings to average equity (YTD only)
  • 0.83%Net charge-offs to loans
  • 86.75%Credit loss provision to net charge-offs
  • 2.07%Efficiency ratio
  • 79,892Assets per employee
  • 3.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 154.69%Loss allowance to loans
  • 2.05%Loss allowance to noncurrent loans
  • 110.11%Noncurrent assets plus other real estate owned to assets
  • 2.52%Noncurrent loans to loans
  • 1.86%Net loans and leases to deposits
  • 58.38%Net loans and leases to core deposits
  • 58.88%Equity capital to assets
  • 7.53%Core capital (leverage) ratio
  • 7.53%Tier 1 risk-based capital ratio
  • 11.99%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $209,113Average earning assets
  • $15,735Average equity
  • $180,031Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $168,293Managed Assets
  • 1Number of Accounts
  • $153,149Personal trust and agency accounts
  • $66,899Employee benefit-defined contribution accounts
  • $6,237Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $28,860Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $42,373Other fiduciary accounts
  • $8,780Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 491Number of Accounts
  • $0Personal trust and agency accounts
  • $28,860Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $15,144Other retirement accounts
  • $10,340Corporate trust and agency accounts
  • $3,574Other fiduciary accounts
  • $394Fiduciary accounts held in foreign offices

List of branches

  • 3 Iowa Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    010071Northwest Bank And Trust Company100 East Kimberly Road, Davenport, IA 52806July 07, 1941Full Service Brick and Mortar
    3235593Locust Branch1454 West Locust Street, Davenport, IA 52804July 11, 1973Full Service Brick and Mortar
    7235597West Locust Street Branch2550 Middle Road, Bettendorf, IA 52722April 01, 1998Full Service Brick and Mortar

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