Northwest Bank of Rockford

Rockford, IL
IDRSSD: 685649
Total Assets
$483.42M
Latest filing
Total Deposits
$420.88M
Latest filing
Net Interest Margin
3.27%
Profitability
0

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date04/21/1972
Community BankYes
Ownership TypeNot Mutual
ZIP61103
State and County Number17201
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number07
Numeric code21
Insured by FDICInstitution closed or not insured by FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameRockford, IL

Operational Info

Number of Employees50
Domestic Offices4
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date05/01/2025
Date of Deposit Insurance04/21/1972
Primary Insurance AgencyDIF
WebsiteN/A
Data Updated11/28/2025
CERT20666
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$483.42M
Total Deposits$420.88M
Total Liabilities$446.61M
Total Equity Capital$36.81M
Net Income$1.14M
Net Loans and Leases$341.27M
Assets Per Employee ($Millions)$9.67M
Bank Premises and Fixed Assets$6.12M
Cash and Balances due from Depository Institutions$28.79M
Deposits Held in Domestic Offices$420.88M

Key Performance Ratios

Return on Assets (ROA)0.96%
Return on Equity (ROE)12.28%
Net Interest Margin3.27%
Efficiency Ratio60.76%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.23%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets7.615%
Earning Assets to total Assets94.2%

Income and Expense

Total Interest Income$6.22M
Total Noninterest Income$892.00k
Total Interest Expense$2.57M
Total Noninterest Expense$2.76M
Net Interest Income$3.65M
Pre-tax Net Operating Income$1.51M
Provision for Credit Losses$270.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$10.30M
Federal Funds Sold & Reverse Repurchase Agreement$7.19M
Federal Funds Purchased and Repurchased Agreement$11.83M
All Other Liabilities$3.59M
Total Liabilities and Capital$483.42M

Securities

Securities$84.95M
Available-for-sale debt securities$84.61M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Northwest Bank of Rockford?
$483.42M as of the latest filing.
How much are Northwest Bank of Rockford's total deposits?
$420.88M in total deposits.
Where is Northwest Bank of Rockford located?
Rockford, IL.
What is the Net Interest Margin?
3.27%.
How many domestic offices does it operate?
4.
When was it established?
04/21/1972.
What is the Return on Assets (ROA)?
0.96%.
How much are total loans and leases?
$341.27M (latest filing).
What is the total interest income (latest filing)?
$6.22M.