Call reports 2024
NORTHWEST BANK — 2024
What NORTHWEST BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,390,699,000 | 1,348,467,000 | 1,432,476,000 | 1,438,137,000 |
| Total loans | 766,159,000 | 809,626,000 | 854,772,000 | 839,065,000 |
| Allowance for loan losses | 10,609,000 | 12,182,000 | 13,055,000 | 13,898,000 |
| Securities available for sale | 68,830,000 | 55,015,000 | 56,235,000 | 62,112,000 |
| Securities held to maturity | 332,905,000 | 325,157,000 | 278,803,000 | 262,446,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,103,560,000 | 1,063,037,000 | 1,096,960,000 | 1,096,303,000 |
| Interest-bearing deposits | 850,174,000 | 838,231,000 | 867,709,000 | 861,465,000 |
| Noninterest-bearing deposits | 253,386,000 | 224,806,000 | 229,251,000 | 234,838,000 |
| Equity capital | 174,360,000 | 180,492,000 | 189,046,000 | 195,295,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 23,519,000 | 49,400,000 | 75,937,000 | 101,892,000 |
| Interest expense | 8,340,000 | 18,073,000 | 28,032,000 | 37,960,000 |
| Net interest income | 15,179,000 | 31,327,000 | 47,905,000 | 63,932,000 |
| Noninterest income | 679,000 | 1,510,000 | 2,235,000 | 2,827,000 |
| Noninterest expense | 8,139,000 | 16,427,000 | 24,897,000 | 32,546,000 |
| Provision for loan losses | 249,000 | 1,534,000 | 2,077,000 | 2,997,000 |
| Pretax income | 7,657,000 | 14,988,000 | 23,317,000 | 31,433,000 |
| Income tax | 1,876,000 | 3,748,000 | 5,192,000 | 7,082,000 |
| Net income | 5,781,000 | 11,240,000 | 18,125,000 | 24,351,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 176,359,000 | 182,411,000 | 189,816,000 | 196,542,000 |