Northwest Bank Mortgage Rates, Fees & Info

Warren, PA

LEI: LVR1UQE8OOCO93IHEB52

Tax ID: 23-2790930

5 stars - out of 5 stars, based on 99 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Northwest Bank is a small bank specializing in Cash Out Refi and Home Purchase loans. Northwest Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets include Buffalo, Pittsburgh, Erie, Cleveland, and Lancaster among others. Northwest Bank has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Northwest Bank is typically an average fee lendor.


Originations

9,884

Origination Dollar Volume (All Markets)

$1,770,230,000

Employee count

2,332 Show all (25) awards

Relative Rate

Northwest Bank's average 30 year fixed rate mortgage of loans were 3.1%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.05%.

Relative Fees

Northwest Bank's average total fees for a 30 year fixed rate mortgage are $4,571.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1,747 $329,415,000 $188,560 $3,547 3.25%
PITTSBURGH, PA (FHA|USDA|VA) 1,179 $225,805,000 $191,522 $4,103 3.13%
ERIE, PA (FHA|USDA|VA) 1,175 $157,255,000 $133,834 $3,518 3.14%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 443 $135,945,000 $306,874 $2,766 3.19%
LANCASTER, PA (FHA|USDA|VA) 653 $113,175,000 $173,315 $5,086 3.08%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 166 $79,780,000 $480,602 $4,471 3.18%
STATE COLLEGE, PA (FHA|USDA|VA) 274 $59,320,000 $216,496 $3,652 3.04%
Outside of Metro Areas 510 $58,670,000 $115,039 $2,611 3.26%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 214 $47,220,000 $220,654 $4,828 3.05%
COLUMBUS, OH (FHA|USDA|VA) 48 $44,530,000 $927,708 $5,117 3.13%
LEBANON, PA (FHA|USDA|VA) 214 $30,120,000 $140,748 $2,742 3.19%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 191 $28,555,000 $149,503 $2,413 3.19%
Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 229 $27,725,000 $121,070 $3,047 3.37%
MUNCIE, IN (FHA|USDA|VA) 217 $27,475,000 $126,613 $2,245 3.32%
Warsaw, IN (FHA|USDA|VA) 162 $25,000,000 $154,321 $2,857 3.22%
Warren, PA (FHA|USDA|VA) 236 $24,860,000 $105,339 $2,191 3.41%
Meadville, PA (FHA|USDA|VA) 219 $24,135,000 $110,205 $2,628 3.30%
Oil City, PA (FHA|USDA|VA) 202 $20,820,000 $103,069 $2,126 3.38%
YORK-HANOVER, PA (FHA|USDA|VA) 112 $20,040,000 $178,929 $4,546 3.08%
ROCHESTER, NY (FHA|USDA|VA) 128 $19,750,000 $154,297 $4,143 3.26%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 63 $18,365,000 $291,508 $7,653 2.88%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $17,170,000 $8,585,000 $4,806 3.15%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 69 $17,075,000 $247,464 $5,246 2.67%
Bradford, PA (FHA|USDA|VA) 173 $16,805,000 $97,139 $2,064 3.35%
St. Marys, PA (FHA|USDA|VA) 145 $13,645,000 $94,103 $1,897 3.20%
AKRON, OH (FHA|USDA|VA) 65 $13,445,000 $206,846 $3,315 3.15%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 77 $11,295,000 $146,688 $2,390 3.17%
DuBois, PA (FHA|USDA|VA) 100 $10,350,000 $103,500 $2,869 3.31%
Olean, NY (FHA|USDA|VA) 58 $8,310,000 $143,276 $3,466 3.47%
FORT WAYNE, IN (FHA|USDA|VA) 23 $7,775,000 $338,043 $3,499 3.29%
Marion, IN (FHA|USDA|VA) 77 $7,645,000 $99,286 $2,204 3.20%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 53 $7,395,000 $139,528 $3,448 3.17%
Lock Haven, PA (FHA|USDA|VA) 44 $6,790,000 $154,318 $2,436 3.46%
WILLIAMSPORT, PA (FHA|USDA|VA) 39 $6,125,000 $157,051 $2,651 3.09%
BLOOMINGTON, IN (FHA|USDA|VA) 29 $5,465,000 $188,448 $2,830 3.01%
READING, PA (FHA|USDA|VA) 31 $5,165,000 $166,613 $4,318 3.17%
CHARLESTON, WV (FHA|USDA|VA) 1 $5,075,000 $5,075,000 $0 4.13%
New Castle, PA (FHA|USDA|VA) 30 $4,900,000 $163,333 $3,923 3.11%
Seymour, IN (FHA|USDA|VA) 22 $4,470,000 $203,182 $3,591 3.20%
Huntingdon, PA (FHA|USDA|VA) 32 $3,610,000 $112,813 $1,961 3.39%
JOHNSTOWN, PA (FHA|USDA|VA) 44 $3,520,000 $80,000 $1,127 3.58%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 8 $3,280,000 $410,000 $5,239 3.25%
Ashtabula, OH (FHA|USDA|VA) 27 $3,085,000 $114,259 $3,241 3.10%
GETTYSBURG, PA (FHA|USDA|VA) 14 $2,890,000 $206,429 $6,356 2.88%
Lewistown, PA (FHA|USDA|VA) 32 $2,840,000 $88,750 $1,438 3.35%
Sandusky, OH (FHA|USDA|VA) 24 $2,710,000 $112,917 $2,247 3.42%
Batavia, NY (FHA|USDA|VA) 11 $2,625,000 $238,636 $4,311 3.05%
SALISBURY, MD-DE (FHA|USDA|VA) 7 $2,505,000 $357,857 $4,736 3.14%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 5 $2,435,000 $487,000 $6,414 2.85%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $2,400,000 $1,200,000 $11,982 3.38%
NILES, MI (FHA|USDA|VA) 6 $2,180,000 $363,333 $3,742 2.46%
TERRE HAUTE, IN (FHA|USDA|VA) 13 $2,105,000 $161,923 $2,894 2.99%
ALTOONA, PA (FHA|USDA|VA) 9 $1,955,000 $217,222 $4,027 3.07%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 10 $1,920,000 $192,000 $5,547 3.14%
Somerset, PA (FHA|USDA|VA) 10 $1,760,000 $176,000 $3,898 3.03%
Pottsville, PA (FHA|USDA|VA) 12 $1,700,000 $141,667 $2,742 3.13%
OCEAN CITY, NJ (FHA|USDA|VA) 2 $1,640,000 $820,000 $10,873 2.75%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 6 $1,590,000 $265,000 $1,862 3.38%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $1,500,000 $375,000 $6,036 2.72%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 6 $1,460,000 $243,333 $3,297 3.17%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $1,300,000 $650,000 $6,929 3.00%
SYRACUSE, NY (FHA|USDA|VA) 6 $1,300,000 $216,667 $4,225 3.58%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $1,265,000 $253,000 $8,199 3.18%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $1,235,000 $411,667 $4,914 3.54%
Plymouth, IN (FHA|USDA|VA) 7 $1,165,000 $166,429 $2,480 3.16%
Lewisburg, PA (FHA|USDA|VA) 5 $1,135,000 $227,000 $3,545 2.60%
Urbana, OH (FHA|USDA|VA) 5 $1,025,000 $205,000 $3,199 3.48%
Sunbury, PA (FHA|USDA|VA) 6 $930,000 $155,000 $1,914 3.52%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $915,000 $915,000 $6,664 2.50%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 7 $895,000 $127,857 $3,741 3.14%
SPARTANBURG, SC (FHA|USDA|VA) 5 $885,000 $177,000 $4,937 2.63%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $790,000 $395,000 $6,020 2.81%
COLUMBIA, SC (FHA|USDA|VA) 2 $770,000 $385,000 $5,208 2.69%
SPRINGFIELD, OH (FHA|USDA|VA) 4 $730,000 $182,500 $2,905 2.91%
CANTON-MASSILLON, OH (FHA|USDA|VA) 6 $730,000 $121,667 $1,788 2.73%
Kendallville, IN (FHA|USDA|VA) 7 $725,000 $103,571 $2,342 2.93%
Norwalk, OH (FHA|USDA|VA) 6 $670,000 $111,667 $1,695 3.33%
TOLEDO, OH (FHA|USDA|VA) 5 $665,000 $133,000 $2,865 3.53%
Holland, MI (FHA|USDA|VA) 1 $665,000 $665,000 $4,900 3.63%
COLUMBUS, IN (FHA|USDA|VA) 4 $660,000 $165,000 $2,858 2.78%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $645,000 $215,000 $7,680 3.33%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 3 $635,000 $211,667 $3,733 2.92%
New Castle, IN (FHA|USDA|VA) 5 $565,000 $113,000 $2,460 3.15%
Indiana, PA (FHA|USDA|VA) 4 $550,000 $137,500 $2,127 4.38%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $545,000 $545,000 $5,842 4.25%
UTICA-ROME, NY (FHA|USDA|VA) 1 $485,000 $485,000 $6,426 2.88%
KOKOMO, IN (FHA|USDA|VA) 1 $485,000 $485,000 $2,989 3.13%
EAST STROUDSBURG, PA (FHA|USDA|VA) 2 $450,000 $225,000 $4,524 3.31%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $445,000 $445,000 $5,365 4.25%
Selinsgrove, PA (FHA|USDA|VA) 2 $440,000 $220,000 $4,579 2.88%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $435,000 $435,000 $7,344 2.50%
MORGANTOWN, WV (FHA|USDA|VA) 2 $410,000 $205,000 $3,498 3.19%
Coldwater, MI (FHA|USDA|VA) 1 $405,000 $405,000 $0 2.75%
Bedford, IN (FHA|USDA|VA) 4 $400,000 $100,000 $2,727 3.16%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 2 $370,000 $185,000 $0 3.88%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $360,000 $180,000 $3,070 2.88%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $355,000 $355,000 $4,419 3.00%
Scottsburg, IN (FHA|USDA|VA) 3 $335,000 $111,667 $3,252 2.92%
SUMTER, SC (FHA|USDA|VA) 1 $325,000 $325,000 $5,230 2.13%
Ashland, OH (FHA|USDA|VA) 3 $295,000 $98,333 $1,567 3.17%
Sayre, PA (FHA|USDA|VA) 2 $280,000 $140,000 $375 3.75%
Peru, IN (FHA|USDA|VA) 3 $265,000 $88,333 $3,160 2.58%
GREELEY, CO (FHA|USDA|VA) 2 $260,000 $130,000 $0 3.81%
Washington, IN (FHA|USDA|VA) 2 $260,000 $130,000 $1,833 3.13%
Bluffton, IN (FHA|USDA|VA) 2 $260,000 $130,000 $3,544 3.06%
Corning, NY (FHA|USDA|VA) 3 $255,000 $85,000 $1,613 3.04%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $235,000 $235,000 $3,793 3.13%
Wilmington, OH (FHA|USDA|VA) 1 $225,000 $225,000 $2,261 2.88%
Wabash, IN (FHA|USDA|VA) 3 $215,000 $71,667 $2,445 3.17%
STAUNTON, VA (FHA|USDA|VA) 1 $205,000 $205,000 $5,187 3.38%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $205,000 $205,000 $4,484 4.13%
Mount Sterling, KY (FHA|USDA|VA) 1 $205,000 $205,000 $3,465 2.50%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $200,000 $100,000 $3,999 3.06%
Mount Vernon, OH (FHA|USDA|VA) 1 $175,000 $175,000 $3,451 3.25%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $175,000 $175,000 $3,449 2.88%
Huntington, IN (FHA|USDA|VA) 1 $175,000 $175,000 $5,153 3.25%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $175,000 $175,000 $3,551 3.13%
Greenwood, SC (FHA|USDA|VA) 1 $175,000 $175,000 $0 3.25%
Zanesville, OH (FHA|USDA|VA) 1 $175,000 $175,000 $1,766 2.25%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $175,000 $175,000 $3,927 3.25%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 2 $170,000 $85,000 $2,723 3.25%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 1 $165,000 $165,000 $4,102 3.50%
ITHACA, NY (FHA|USDA|VA) 1 $155,000 $155,000 $4,768 5.50%
WHEELING, WV-OH (FHA|USDA|VA) 1 $155,000 $155,000 $67 1.88%
BINGHAMTON, NY (FHA|USDA|VA) 1 $155,000 $155,000 $4,171 3.00%
Gaffney, SC (FHA|USDA|VA) 1 $145,000 $145,000 $4,315 2.88%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 1 $145,000 $145,000 $5,353 4.00%
Georgetown, SC (FHA|USDA|VA) 1 $135,000 $135,000 $4,887 2.75%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $135,000 $135,000 $1,775 2.25%
Salem, OH (FHA|USDA|VA) 1 $135,000 $135,000 $2,328 2.38%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $115,000 $115,000 $3,598 2.63%
Richmond, IN (FHA|USDA|VA) 1 $115,000 $115,000 $2,421 2.63%
Vincennes, IN (FHA|USDA|VA) 1 $75,000 $75,000 $2,863 3.63%
Crawfordsville, IN (FHA|USDA|VA) 1 $65,000 $65,000 $475 4.25%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $55,000 $55,000 $3,593 2.88%
Tiffin, OH (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.38%

Northwest Bank's top markets include Buffalo, Pittsburgh, Erie, Cleveland, and Lancaster among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 9,769 $1,752,525,000 $179,397 $3,449 3.20%
FHA 62 $10,210,000 $164,677 $6,149 2.85%
USDA 41 $4,955,000 $120,854 $4,422 2.81%
VA 12 $2,540,000 $211,667 $5,835 2.69%

For the 2021 period, Northwest Bank's most frequently originated loan type of loans were Conventional, with 9,769 originations. Their 2nd most popular type is FHA, with 62 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Cash Out Refi 3,854 $639,960,000 $166,051 $3,123 3.07%
Home Purchase 3,114 $847,560,000 $272,177 $4,986 3.11%
Home Improvement 1,261 $83,905,000 $66,538 $270 3.61%
Other 994 $90,510,000 $91,056 $1,024 3.54%
Refi 661 $108,295,000 $163,835 $2,586 3.06%

For the 2021, Northwest Bank's most frequently cited loan purpose of loans were Cash Out Refi, with 3,854 originations. The 2nd most popular reason of loans were Home Purchase, with 3,114 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 3,546 $808,400,000 $227,975 $4,571 3.10%
Other 2,244 $265,320,000 $118,235 $3,168 3.36%
15 Year 1,974 $299,550,000 $151,748 $2,981 2.99%
10 Year 757 $72,475,000 $95,740 $334 3.35%
20 Year 653 $94,165,000 $144,204 $2,290 3.91%
5 Year 391 $80,915,000 $206,944 $154 2.73%
30+ year 310 $148,430,000 $478,806 $8,390 3.03%
3 Year 5 $565,000 $113,000 $213 3.20%
1 Year 4 $410,000 $102,500 $0 4.44%

For the 2021, Northwest Bank's most frequently cited loan length of loans were 30 Year, with 3,546 originations. The 2nd most popular length of loans were Other, with 2,244 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 3,215 $381,755,000 $118,742
$1k-2k 2,519 $509,805,000 $202,384
$2k-3k 607 $152,785,000 $251,705
$3k-4k 515 $152,975,000 $297,039
$5k+ 414 $162,400,000 $392,271

$4,571 of loans were Northwest Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 3,215 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 4,008 $798,640,000 $199,261
3-4% 3,748 $685,440,000 $182,882
<2.5% 1,182 $201,290,000 $170,296
4-5% 719 $70,375,000 $97,879
5-6% 138 $8,620,000 $62,464
6-7% 73 $4,945,000 $67,740
7-8% 15 $905,000 $60,333
Over 8% 1 $15,000 $15,000

During 2021, Northwest Bank's average interest rate of loans were 3.10%, while their most frequently originated rate bucket of loans were 2.5-3%, with 4,008 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100,000 or less 3,755 $219,115,000 $58,353 $1,409 3.48%
$100k-200k 3,397 $479,005,000 $141,008 $3,198 3.04%
$200k-400k 2,087 $565,375,000 $270,903 $5,040 2.98%
$400k-600k 419 $200,115,000 $477,601 $7,577 2.98%
$600k-1MM 182 $133,990,000 $736,209 $8,646 3.03%
$1MM+ 44 $172,630,000 $3,923,409 $10,252 3.33%

2021 saw Northwest Bank place emphasis on $100,000 or less loans with 3,755 originations, totaling $219,115,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 2,241 $273,055,000 $121,845 $3,056 3.22%
$50k or less 1,922 $164,540,000 $85,609 $2,519 3.31%
$100k-150k 1,899 $350,735,000 $184,695 $3,922 3.13%
$75k-100k 1,664 $245,750,000 $147,686 $3,278 3.16%
$150k-250k 1,208 $318,500,000 $263,659 $4,658 3.02%
$250k+ 541 $223,495,000 $413,115 $6,026 3.02%

Northwest Bank lent most frequently to those with incomes in the $50k-75k range, with 2,241 originations. The second most popular income band? $50k or less, with 1,922 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 2,605 $430,855,000 $165,395 $3,467 3.11%
30-36% 2,012 $317,570,000 $157,838 $3,424 3.19%
<20% 1,125 $195,405,000 $173,693 $3,618 2.97%
42% 476 $68,820,000 $144,580 $2,569 3.47%
40% 441 $73,155,000 $165,884 $3,487 3.34%
41% 417 $66,025,000 $158,333 $3,284 3.35%
39% 398 $65,850,000 $165,452 $3,375 3.34%
38% 392 $66,570,000 $169,821 $3,363 3.20%
36% 372 $59,160,000 $159,032 $3,110 3.21%
37% 366 $59,450,000 $162,432 $3,476 3.23%
44% 284 $45,820,000 $161,338 $4,113 3.28%
43% 235 $45,375,000 $193,085 $4,149 3.21%
45% 130 $25,520,000 $196,308 $4,125 3.07%
49% 126 $19,580,000 $155,397 $3,501 3.18%
47% 109 $23,355,000 $214,266 $4,320 3.19%
48% 105 $22,185,000 $211,286 $4,666 3.15%
46% 92 $16,690,000 $181,413 $4,091 3.00%
50-60% 22 $4,530,000 $205,909 $5,565 2.81%
>60% 2 $230,000 $115,000 $3,665 2.69%

Northwest Bank lent most frequently to those with DTI ratios of 20-30%, with 2,605 originations. The next most common DTI ratio? 30-36%, with 2,012 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 8,526 $1,381,630,000 $162,049 $3,433 3.18%
Not provided 902 $165,490,000 $183,470 $3,654 3.16%
Not applicable 134 $155,300,000 $1,158,955 $0 4.25%
Asian 135 $32,385,000 $239,889 $4,363 2.97%
Black 146 $23,460,000 $160,685 $3,845 3.28%
Asian Indian 11 $5,565,000 $505,909 $8,464 2.85%
American Indian 22 $3,490,000 $158,636 $3,152 3.31%
Other Asian 7 $2,345,000 $335,000 $5,387 3.18%
Japanese 1 $565,000 $565,000 $5,926 2.88%

Approval Rates

Total approvals of all applications
86.80%

Northwest Bank has an average approval rate.

Pick Rate

Approvals leading to origination
82.18%

Northwest Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 9,884 $1,770,230,000 $179,101

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
9,884 $1,770,230,000 $179,101

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 1,685 $144,935,000 $86,015 $1,262 3.30%
40-60% 1,695 $272,005,000 $160,475 $2,872 3.05%
60-80% 2,939 $727,235,000 $247,443 $4,112 3.13%
80-100% 2,492 $576,870,000 $231,489 $4,691 3.09%
Over 100% 5 $765,000 $153,000 $6,094 2.23%
Under 20% 1,067 $48,395,000 $45,356 $247 3.69%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
NORTHWEST BANCSHARES INC Conventional home mortgage Struggling to pay mortgage 1 11.1%
NORTHWEST BANCSHARES INC Conventional home mortgage Trouble during payment process 5 55.6%
NORTHWEST BANCSHARES INC Home equity loan or line of credit (HELOC) Trouble during payment process 1 11.1%
NORTHWEST BANCSHARES INC Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 11.1%
NORTHWEST BANCSHARES INC Other type of mortgage Struggling to pay mortgage 1 11.1%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Northwest Bank 10533 Perry Highway Wexford, PA 15090 Full Service B&M $46,774
Northwest Bank 101 East Main Street Mount Joy, PA 17552 Full Service B&M $156,789
Northwest Bank 101 Monroe Road Sarver, PA 16055 Full Service B&M $46,643
Northwest Bank 101 South Main Street Sheffield, PA 16347 Full Service B&M $25,426
Northwest Bank 101 West Spring Street Titusville, PA 16354 Full Service B&M $108,499
Northwest Bank 1010 East Main Street Gas City, IN 46933 Full Service B&M $30,358
Northwest Bank 1020 North Baldwin Avenue Marion, IN 46952 Full Service B&M $27,057
Northwest Bank 1035 Payne Avenue North Tonawanda, NY 14120 Full Service B&M $177,097
Northwest Bank 104 East Main Street Lock Haven, PA 17745 Full Service B&M $42,455
Northwest Bank 104 Winfield Drive Grove City, PA 16127 Full Service B&M $51,152
Northwest Bank 10444 U.S. Highway 522 South Lewistown, PA 17044 Full Service B&M $37,911
Northwest Bank 1048 East Main Street Palmyra, PA 17078 Full Service B&M $65,639
Northwest Bank 105 Chestnut Commons Drive Elyria, OH 44035 Full Service B&M $65,560
Northwest Bank 105 Petroleum Street Oil City, PA 16301 Full Service B&M $124,524
Northwest Bank 1688 Route 228 Cranberry Township, PA 16066 Full Service B&M $53,091
Northwest Bank 1690 Sheridan Drive Kenmore, NY 14223 Full Service B&M $199,368
Northwest Bank 170 Main Street Ridgway, PA 15853 Full Service B&M $100,909
Northwest Bank 1700 Roosevelt Avenue York, PA 17408 Full Service B&M $23,568
Northwest Bank 176 Lovell Avenue Ebensburg, PA 15931 Full Service B&M $23,521
Northwest Bank 1767 North Atherton Street State College, PA 16803 Full Service B&M $38,283
Northwest Bank 178 West Streetsboro Street Hudson, OH 44236 Full Service B&M $94,424
Northwest Bank 190 Stony Battery Road Salunga, PA 17538 Full Service B&M $49,281
Northwest Bank 1918 Minno Drive Johnstown, PA 15905 Full Service B&M $45,253
Northwest Bank 1945 Douglas Parkway Erie, PA 16509 Full Service B&M $96,715
Northwest Bank 2 East 4th Street Emporium, PA 15834 Full Service B&M $58,474
Northwest Bank 200 South Center Street Grove City, PA 16127 Full Service B&M $48,431
Northwest Bank 2000 South Madison Street Muncie, IN 47302 Full Service B&M $52,795
Northwest Bank 2300 Grand Island Boulevard Grand Island, NY 14072 Full Service B&M $211,593
Northwest Bank 23761 Western Ave South Bend, IN 46619 Full Service B&M $17,475
Northwest Bank 242 East Main Street Carnegie, PA 15106 Full Service B&M $25,890
Northwest Bank 25 North Barbara Street, P.O. Box 567 Mount Joy, PA 17552 Limited, Drive-thru $0
Northwest Bank 2502 East Third Street Williamsport, PA 17701 Full Service B&M $20,002
Northwest Bank 2513 West State Street Olean, NY 14760 Full Service B&M $26,749
Northwest Bank 25990 County Road #6 Elkhart, IN 46514 Full Service B&M $50,771
Northwest Bank 260 Murtland Avenue Washington, PA 15301 Full Service B&M $44,183
Northwest Bank 2850 Pearl Avenue Lorain, OH 44055 Full Service B&M $20,102
Northwest Bank 2863 West 26th St Erie, PA 16506 Full Service B&M $120,366
Northwest Bank 29 South Erie Street Mayville, NY 14757 Full Service B&M $28,902
Northwest Bank 2910 West Jackson Street Muncie, IN 47304 Full Service B&M $45,250
Northwest Bank 2981 Delaware Avenue Kenmore, NY 14217 Full Service B&M $34,883
Northwest Bank 355 Biddle Street Kane, PA 16735 Limited, Drive-thru $0
Northwest Bank 364 Connecticut Street Buffalo, NY 14213 Full Service B&M $33,581
Northwest Bank 3649 East Market Street York, PA 17402 Full Service B&M $75,088
Northwest Bank 3660 Oberlin Avenue Lorain, OH 44053 Full Service B&M $118,970
Northwest Bank 370 West Governor Road Hershey, PA 17033 Full Service B&M $65,723
Northwest Bank 3858 N Buffalo Rd Orchard Park, NY 14127 Full Service B&M $75,493
Northwest Bank 39 South St. Marys Street Saint Marys, PA 15857 Full Service B&M $127,158
Northwest Bank 4 Perry Street Union City, PA 16438 Full Service B&M $107,513
Northwest Bank 400 Jackson Run Road Warren, PA 16365 Full Service B&M $83,341
Northwest Bank 401 West State Street Albany, IN 47320 Full Service B&M $54,176
Northwest Bank 402 West Cleveland Road Mishawaka, IN 46545 Full Service B&M $57,387
Northwest Bank 410 Wilcox Road Johnsonburg, PA 15845 Full Service B&M $66,559
Northwest Bank 411 West Mckinley Mishawaka, IN 46545 Full Service B&M $22,548
Northwest Bank 603 Scenery Drive Elizabeth, PA 15037 Full Service B&M $47,251
Northwest Bank 61 Main Street Wellsboro, PA 16901 Full Service B&M $73,283
Northwest Bank 612 South Huntington Street Syracuse, IN 46567 Full Service B&M $13,392
Northwest Bank 629 Main Street Rimersburg, PA 16248 Full Service B&M $66,462
Northwest Bank 6525 Transit Road East Amherst, NY 14051 Full Service B&M $187,444
Northwest Bank 690 Kenmore Avenue Buffalo, NY 14216 Full Service B&M $67,715
Northwest Bank 701 Lancaster Road Manheim, PA 17545 Full Service B&M $29,479
Northwest Bank 7029 Us 322 Cranberry, PA 16319 Full Service B&M $63,501
Northwest Bank 710 Old Clairton Road Pittsburgh, PA 15236 Full Service B&M $69,621
Northwest Bank 730 Main Street Clarion, PA 16214 Full Service B&M $97,759
Northwest Bank 742 East Ireland Road South Bend, IN 46614 Full Service B&M $37,121
Northwest Bank 744 South Broad Street Lititz, PA 17543 Full Service B&M $49,440
Northwest Bank 7512 West Ridge Road Fairview, PA 16415 Full Service B&M $122,249
Northwest Bank East Lake Road Vermilion, OH 44089 Full Service B&M $71,019
Northwest Bank Mcgalliard Road & Oakwood Muncie, IN 47304 Full Service B&M $96,369
Northwest Bank Second At Liberty Warren, PA 16365 Full Service B&M $766,130
Northwest Bank 1 West Main Avenue Myerstown, PA 17067 Full Service B&M $59,224
Northwest Bank 1 West Third Street Jamestown, NY 14701 Full Service B&M $58,100
Northwest Bank 10 South 18th St Columbia, PA 17512 Full Service B&M $64,725
Northwest Bank 100 East Main Street Westfield, PA 16950 Full Service B&M $75,888
Northwest Bank 100 Fairgrounds Road Huntingdon, PA 16652 Full Service B&M $26,153
Northwest Bank 100 W Third Street Marion, IN 46952 Full Service B&M $85,239
Northwest Bank 100 West High Street Maytown, PA 17550 Full Service B&M $64,690
Northwest Bank 100 West Spruce Street Marienville, PA 16239 Full Service B&M $27,756
Northwest Bank 1000 Marketplace Drive Edinboro, PA 16412 Full Service B&M $83,599
Northwest Bank 105 West Academy Street Shinglehouse, PA 16748 Full Service B&M $32,996
Northwest Bank 1248 Abbott Road Lackawanna, NY 14218 Full Service B&M $76,507
Northwest Bank 125 Ludlow Street Warren, PA 16365 Limited, Drive-thru $0
Northwest Bank 125 Main Street Ridgway, PA 15853 Limited, Drive-thru $0
Northwest Bank 1275 South Market Street Elizabethtown, PA 17022 Full Service B&M $98,634
Northwest Bank 1301 Liberty Street Franklin, PA 16323 Full Service B&M $112,333
Northwest Bank 14 Lafayette Square Buffalo, NY 14203 Full Service B&M $188,914
Northwest Bank 1408 East Grandview Boulevard Erie, PA 16509 Limited, Drive-thru $0
Northwest Bank 1421 Pittsburgh Road Valencia, PA 16059 Full Service B&M $96,575
Northwest Bank 1450 N.E. 'a' Street Linton, IN 47441 Full Service B&M $49,311
Northwest Bank 1475 Main Street Coalport, PA 16627 Full Service B&M $47,006
Northwest Bank 151 Pittsburgh Road Butler, PA 16001 Full Service B&M $49,034
Northwest Bank 1531 Niagara Falls Blvd. Amherst, NY 14228 Full Service B&M $102,834
Northwest Bank 16 Main Street Wellsboro, PA 16901 Limited, Drive-thru $0
Northwest Bank 201 North Craig Street Pittsburgh, PA 15213 Full Service B&M $40,193
Northwest Bank 201 West Main Street New Holland, PA 17557 Full Service B&M $22,432
Northwest Bank 202 East Main Street Youngsville, PA 16371 Full Service B&M $53,948
Northwest Bank 2034 E Center St Warsaw, IN 46580 Full Service B&M $62,834
Northwest Bank 2070 George Urban Boulevard Depew, NY 14043 Full Service B&M $146,422
Northwest Bank 210 West Main Street Falconer, NY 14733 Full Service B&M $43,054
Northwest Bank 2100 Center Rd Avon, OH 44011 Full Service B&M $32,692
Northwest Bank 2101 South Tiger Drive Yorktown, IN 47396 Full Service B&M $63,291
Northwest Bank 2111 Liberty Drive Bloomington, IN 47403 Full Service B&M $53,102
Northwest Bank 219 West Market Street Warsaw, IN 46580 Full Service B&M $90,829
Northwest Bank 22 Franklin Village Mall Kittanning, PA 16201 Full Service B&M $65,270
Northwest Bank 2200 South Atherton Street State College, PA 16801 Full Service B&M $133,067
Northwest Bank 221 Elm Street Tionesta, PA 16353 Full Service B&M $32,152
Northwest Bank 301 Centreville Road Lancaster, PA 17601 Full Service B&M $32,477
Northwest Bank 302 North East Street Coudersport, PA 16915 Full Service B&M $92,595
Northwest Bank 3105 Niagara Falls Boulevard Amherst, NY 14228 Full Service B&M $129,465
Northwest Bank 311 East Fairmount Avenue Lakewood, NY 14750 Full Service B&M $121,646
Northwest Bank 315 East Main Street Jasonville, IN 47438 Full Service B&M $22,305
Northwest Bank 319 West Central Avenue Titusville, PA 16354 Limited, Drive-thru $0
Northwest Bank 32960 Walker Road Avon Lake, OH 44012 Full Service B&M $106,838
Northwest Bank 33 Main Street Bradford, PA 16701 Full Service B&M $170,366
Northwest Bank 3380 Washington Road Canonsburg, PA 15317 Full Service B&M $63,069
Northwest Bank 3407 Liberty Street Erie, PA 16508 Full Service B&M $87,785
Northwest Bank 34085 Center Ridge Road North Ridgeville, OH 44039 Full Service B&M $43,231
Northwest Bank 35 East Main Street North East, PA 16428 Full Service B&M $60,946
Northwest Bank 3517 Union Road Cheektowaga, NY 14225 Full Service B&M $40,168
Northwest Bank 414 Beaver Street Sewickley, PA 15143 Full Service B&M $28,802
Northwest Bank 426 State Street Curwensville, PA 16833 Full Service B&M $49,821
Northwest Bank 428 West Main Street Smethport, PA 16749 Full Service B&M $30,738
Northwest Bank 431 Washington Avenue Bridgeville, PA 15017 Full Service B&M $95,896
Northwest Bank 437 Cochran Road Mount Lebanon, PA 15228 Full Service B&M $36,217
Northwest Bank 4381 Military Road Niagara Falls, NY 14305 Full Service B&M $84,854
Northwest Bank 4435 Transit Road Williamsville, NY 14221 Full Service B&M $127,838
Northwest Bank 4525 Buffalo Road Erie, PA 16510 Full Service B&M $138,103
Northwest Bank 457 Broadway Lorain, OH 44052 Full Service B&M $156,617
Northwest Bank 475 Plank Road Webster, NY 14580 Full Service B&M $43,543
Northwest Bank 475 Theatre Drive Johnstown, PA 15904 Full Service B&M $78,412
Northwest Bank 48 North Washington Street Bloomfield, IN 47424 Full Service B&M $85,332
Northwest Bank 49 S Main Street Oberlin, OH 44074 Full Service B&M $82,139
Northwest Bank 50 South Main Street Mansfield, PA 16933 Full Service B&M $46,836
Northwest Bank 500 Center Street Lewiston, NY 14092 Full Service B&M $86,325
Northwest Bank 5066 Shaffer Road Du Bois, PA 15801 Full Service B&M $40,703
Northwest Bank 514 North Main Street North Webster, IN 46555 Full Service B&M $34,647
Northwest Bank 520 Front Street Fredericktown, PA 15333 Full Service B&M $46,623
Northwest Bank 532 Lincoln Avenue Pittsburgh, PA 15202 Full Service B&M $112,302
Northwest Bank 535 Smithfield Street, Suite 202 Pittsburgh, PA 15222 Full Service B&M $31,302
Northwest Bank 543 Brownsville Road Pittsburgh, PA 15210 Full Service B&M $37,434
Northwest Bank 546 North Center Street Lagrange, OH 44050 Full Service B&M $20,972
Northwest Bank 547 South Tenth Street Lebanon, PA 17042 Full Service B&M $89,200
Northwest Bank 55 East Avenue Lockport, NY 14094 Full Service B&M $163,909
Northwest Bank 56 Fraley Street Kane, PA 16735 Full Service B&M $40,836
Northwest Bank 5751 South Park Avenue Hamburg, NY 14075 Full Service B&M $97,978
Northwest Bank 768 Foote Avenue Jamestown, NY 14701 Full Service B&M $70,193
Northwest Bank 7709 Mcknight Road Pittsburgh, PA 15237 Full Service B&M $73,142
Northwest Bank 80 West Columbus Avenue Corry, PA 16407 Full Service B&M $60,102
Northwest Bank 800 State Street Erie, PA 16501 Full Service B&M $127,412
Northwest Bank 805 Main Street Niagara Falls, NY 14301 Full Service B&M $77,241
Northwest Bank 824 South St Marys Street Saint Marys, PA 15857 Full Service B&M $74,571
Northwest Bank 850 Main Street Volant, PA 16156 Full Service B&M $54,929
Northwest Bank 850 Pittsburgh Avenue Erie, PA 16505 Full Service B&M $102,538
Northwest Bank 860 Long Pond Road Rochester, NY 14612 Full Service B&M $47,892
Northwest Bank 870 East Washington Street Winchester, IN 47394 Full Service B&M $58,164
Northwest Bank 905 Main Street Sharpsburg, PA 15215 Full Service B&M $30,219
Northwest Bank 950 East Main Street Bradford, PA 16701 Full Service B&M $66,439
Northwest Bank 999 South Main Street Meadville, PA 16335 Full Service B&M $158,511
Northwest Bank 1055 Union Road West Seneca, NY 14224 Full Service B&M $55,273
Northwest Bank 1091 Eichelberger Street Hanover, PA 17331 Full Service B&M $22,202
Northwest Bank 110 East Charles St Muncie, IN 47305 Full Service B&M $205,587
Northwest Bank 11054 E Street Road 445 Bloomfield, IN 47424 Full Service B&M $22,857
Northwest Bank 1127 Zion Road Bellefonte, PA 16823 Full Service B&M $58,369
Northwest Bank 1175 Cleveland Avenue Amherst, OH 44001 Full Service B&M $107,138
Northwest Bank 1195 Manheim Pike Lancaster, PA 17601 Full Service B&M $93,163
Northwest Bank 1200 South Second Street Clearfield, PA 16830 Full Service B&M $63,489
Northwest Bank 121 South Church Street Mishawaka, IN 46544 Full Service B&M $122,453
Northwest Bank 121 West 26th Street Erie, PA 16508 Full Service B&M $185,931
Northwest Bank 1228 Jefferson Ave Buffalo, NY 14208 Full Service B&M $9,976
Northwest Bank 124 Middle Ave Elyria, OH 44035 Full Service B&M $87,687

For 2021, Northwest Bank had 169 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $442,556
Net interest income $423,093
Total noninterest income $143,398
Gross Fiduciary activities income $12,304
Service charges on deposit accounts $24,832
Trading account gains and fees $0
Additional Noninterest Income $106,262
Pre-tax net operating income $210,947
Securities gains (or losses, -) $-176
Income before extraordinary items $161,944
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $161,944
Minority interest net income $0
Net income $161,944
Sale, conversion, retirement of capital stock, net $4,741
Net operating income $162,083

Northwest Bank's gross interest income from loans was $442,556,000.
Northwest Bank's net interest income from loans was $423,093,000.
Northwest Bank's fee based income from loans was $24,832,000.
Northwest Bank's net income from loans was $161,944,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $19,463
Provision for credit losses $-11,883
Total noninterest expense $367,427
Salaries and employee benefits $216,625
Premises and equipment expense $36,774
Additional noninterest expense $114,028
Applicable income taxes $48,827
Net charge-offs $20,303
Cash dividends $73,013

Northwest Bank's interest expense for loans was $19,463,000.
Northwest Bank's payroll and benefits expense were $216,625,000.
Northwest Bank's property, plant and equipment expenses $36,774,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 1.0%
Real Estate loans 2.0%
Construction & Land Development loans 1.0%
Nonfarm, nonresidential loans 5.0%
Multifamily residential loans 0.0%
1-4 family residential loans 0.0%
HELOC loans 0.0%
All other family 0.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.5%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $12,558,972
Deposits held in domestic offices $12,558,972
Deposits by Individuals, partnerships, and corporations $11,816,228
Deposits by U.S. Government $89
Deposits by States and political subdivisions in the U.S. $742,655
Deposits by Commercial banks and other depository institutions in U.S. $0
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $2,015,264
Demand deposits $1,628,899
Nontransaction accounts $10,543,708
Money market deposit accounts (MMDAs) $6,867,913
Other savings deposits (excluding MMDAs) $2,348,340
Total time deposits $1,327,455
Total time and savings deposits $10,930,073
Noninterest-bearing deposits $3,360,694
Interest-bearing deposits $9,198,278
Retail deposits $12,434,493
IRAs and Keogh plan accounts $284,274
Brokered deposits $11,447
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $14,606,175
Cash & Balances due from depository institutions $1,390,398
Interest-bearing balances $1,247,121
Total securities $2,316,746
Federal funds sold & reverse repurchase $0
Net loans and leases $9,916,620
Loan and leases loss allowance $102,241
Trading account assets $0
Bank premises and fixed assets $209,160
Other real estate owned $873
Goodwill and other intangibles $399,895
All other assets $372,483

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $14,606,175
Total Liabilities $12,909,461
Total deposits $12,558,972
Interest-bearing deposits $9,198,278
Deposits held in domestic offices $12,558,972
% insured (estimated) $76
Federal funds purchased and repurchase agreements $139,093
Trading liabilities $0
Other borrowed funds $57,727
Subordinated debt $0
All other liabilities $153,669

Issued Loan Types

Type Value (in 000's)
Net loans and leases $9,916,620
Loan and leases loss allowance $102,241
Total loans and leases (domestic) $10,018,861
All real estate loans $7,327,056
Real estate loans in domestic offices $7,327,056
Construction and development loans $259,756
Residential 1-4 family construction $61,888
Other construction, all land development and other land $197,868
Loans secured by nonfarm nonresidential properties $2,083,185
Nonfarm nonresidential secured by owner-occupied properties $689,356
Commercial real estate & other non-farm, non-residential $1,393,829
Multifamily residential real estate $459,324
1-4 family residential loans $4,436,188
Farmland loans $88,603
Loans held in foreign offices $0
Farm loans $12,669
Commercial and industrial loans $785,626
To non-U.S. addressees $0
Loans to individuals $1,837,988
Credit card loans $50,532
Related Plans $11,141
Consumer Auto Loans $1,467,554
Other loans to individuals $308,761
All other loans & leases $55,522
Loans to foreign governments and official institutions $0
Other loans $35,436
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $39,006
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $10,381
Non 1-4 family restructured loans & leases $3,742
Total loans and leases (foreign) $0

Northwest Bank had $9,916,620,000 of loans outstanding in 2021. $7,327,056,000 of loans were in real estate loans. $259,756,000 of loans were in development loans. $459,324,000 of loans were in multifamily mortgage loans. $4,436,188,000 of loans were in 1-4 family mortgage loans. $12,669,000 of loans were in farm loans. $50,532,000 of loans were in credit card loans. $1,467,554,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 3,056 $581,120 $190,157
Nonfarm, nonresidential loans - <$100k 860 $30,551 $35,524
Nonfarm, nonresidential loans - $100-250k 1,026 $120,361 $117,311
Nonfarm, nonresidential loans - $250k-1MM 1,170 $430,208 $367,699
Commercial & Industrial, US addressed loans - <$1MM 4,776 $310,833 $65,082
Commercial & Industrial, US addressed loans - <$100k 3,587 $85,321 $23,786
Commercial & Industrial, US addressed loans - $100-250k 716 $80,549 $112,499
Commercial & Industrial, US addressed loans - $250k-1MM 473 $144,963 $306,476
Farmland loans - <$1MM 466 $65,037 $139,564
Farmland loans - <$100k 171 $6,845 $40,029
Farmland loans - $100-250k 155 $20,002 $129,045
Farmland loans - $250k-1MM 140 $38,190 $272,786
Agriculture operations loans - <$1MM 287 $9,599 $33,446
Agriculture operations loans - <$100k 256 $5,809 $22,691
Agriculture operations loans - $100-250k 27 $2,964 $109,778
Agriculture operations loans - $250k-1MM 4 $826 $206,500