Northwest Bank & Trust Company


Northwest Bank & Trust Company is an FDIC insured institution headquartered at 100 E Kimberly Rd, Davenport, IA 52806.
It was founded in 1941 and has approximately $0 billion in assets. Customers can open an account at one of its 3 branches.

Deposit Rates - December 22, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 15830
Date Established 1941
Assets $ 235.05 million
Loans $ 111.65 million
Deposits $ 206.12 million
Capital $ 21.63 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 97.70 million
Interest-bearing balances $ 95.57 million
Total securities $ 7.22 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 111.65 million
Loan loss allowance $ 1.67 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 5.94 million
     Total Assets $ 213.42 million

LIABILITIES
Total deposits $ 206.12 million
      Interest-bearing deposits $ 162.30 million
      Deposits held in domestic offices $ 206.12 million
      % insured (estimated) 87.88%
Federal funds purchased and repurchase agreements $ 1.26 million
Trading liabilities N.A.
Other borrowed funds $ 10.16 million
Subordinated debt N.A.
All other liabilities $ 0.79 millionn
      Total Liabilities $ 213.42 million
      Shareholders’ Equity $ 21.63 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 6.63 million
Total Interest Expense $ 2.29 million
Net interest income $ 4.34 million
Provision for loan and lease losses N.A.
Total non interest income $ 5.94 million
Total non interest expense $ 6.63 million
Pre-tax Net Operating Income $ 2.21 million

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Branches

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Northwest Bank & Trust Company Locations