Spencer, IA · Cert 32647 · Northwest Financial Corp.
State charter, non-member · FDIC · 22 branches
Q2 2026
Market Position · Des Moines-West Des Moines, IA · 2026 SOD (annual) · 1.1% share · #15 of 57 inst. · $0.4B of $38.0B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.54% | 0.63% | 0.73% | 0.85% | 0.95% | 1.03% | 1.26% | 1.35% | +50 bps | |
| Return on Equity | 6.69% | 7.64% | 8.01% | 9.27% | 10.26% | 10.98% | 12.70% | 13.67% | +440 bps | |
| Net Interest Margin | 2.39% | 2.48% | 2.72% | 2.86% | 2.93% | 3.01% | 3.36% | 3.40% | +55 bps | |
| Efficiency Ratio | 76.01% | 73.44% | 69.97% | 67.00% | 64.78% | 63.42% | 59.14% | 57.55% | -945 bps | |
| Non-Interest Burden | 1.65% | 1.62% | 1.71% | 1.68% | 1.64% | 1.62% | 1.64% | 1.58% | -10 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 13.99% | 11.20% | 14.10% | 0.40% | 1.86% | 1.73% | 1.92% | 1.56% | +116 bps | |
| Loan Growth (YoY) | 16.42% | 15.17% | 15.18% | 4.08% | 6.31% | 5.74% | 6.14% | 4.95% | +87 bps | |
| Deposit Growth (YoY) | 27.83% | 24.01% | 22.39% | 0.60% | 0.57% | 4.11% | 2.94% | 5.51% | +491 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.47% | 0.57% | 0.63% | 0.50% | 0.33% | 0.23% | 0.20% | 0.23% | -27 bps | |
| Net Charge-Offs / Loans | 0.06% | 0.07% | 0.00% | 0.01% | 0.01% | 0.01% | 0.02% | 0.04% | +3 bps | |
| Allowance / Loans | 1.27% | 1.26% | 1.29% | 1.25% | 1.25% | 1.26% | 1.28% | 1.25% | 0 bps | |
| Allowance Coverage of NPLs | 2.7x | 2.2x | 2.1x | 2.5x | 3.8x | 5.4x | 6.3x | 5.3x | +2.8x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.24% | 9.59% | 9.78% | 9.97% | 9.94% | 10.02% | 10.28% | 10.12% | +15 bps | |
| Total Risk-Based Capital | 12.64% | 12.86% | 12.91% | 12.70% | 12.60% | 12.87% | 12.85% | 12.44% | -26 bps | |
| Equity / Assets | 8.76% | 8.92% | 9.20% | 9.39% | 9.57% | 9.87% | 9.95% | 9.83% | +45 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.95% | 91.90% | 90.21% | 95.58% | 96.15% | 93.33% | 93.01% | 95.08% | -51 bps | |
| Liquid Assets / Assets | 0.90% | 0.87% | 1.49% | 0.82% | 1.28% | 2.18% | 1.89% | 0.73% | -9 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 320% | 307% | 303% | n/a | n/a | |