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

Key People

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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 PowersTrust Powers Not Known
Federal Reserve ID Number07
Numeric code21
Insured by FDICInstitution closed or not insured by FDIC
Federal Reserve DistrictCHICAGO
Core Based Statistical Area NameN/A

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
Websitewww.nwbrockford.com
Data Updated2/13/2026
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.