Northwest Bank Mortgage Rates, Fees & Info
Warren, PALEI: LVR1UQE8OOCO93IHEB52
Tax ID: 23-2790930
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Review & Overview
Northwest Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Northwest Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Buffalo, Pittsburgh, Erie, State College, and Lancaster among others. We have data for 72 markets. (Some data included below & more in-depth data is available with an active subscription.)Northwest Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Northwest Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 3.07% | 4/18/24 |
| 30 Year Conventional Purchase | 6.42% | 4/18/24 |
| 30 Year Conventional Refi | 6.76% | 4/18/24 |
| 30 Year Cash-out Refi | 6.83% | 4/18/24 |
| 30 Year FHA Purchase | 7.29% | 4/18/24 |
| 30 Year VA Purchase | 6.52% | 4/18/24 |
| 30 Year USDA Purchase | 6.43% | 4/18/24 |
| 15 Year Conventional Purchase | 6.07% | 4/18/24 |
| 15 Year Conventional Refi | 6.06% | 4/18/24 |
| 15 Year Cash-out Refi | 6.06% | 4/18/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Northwest Bank Mortgage Calculator
Your Estimates
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This is not an official calculator from Northwest Bank. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
7,080Origination Dollar Volume (All Markets)
$906,830,000Employee count
2,209Awards
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Northwest Bank - 2019
Northwest Bank is a 2019 , due to their low .
For 2019, less than of lenders were eligible for this award.
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Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 1,236 | $179,960,000 | $145,599 | $1,757 | 4.72% |
| PITTSBURGH, PA (FHA|USDA|VA) | 919 | $121,135,000 | $131,812 | $2,297 | 4.45% |
| ERIE, PA (FHA|USDA|VA) | 1,011 | $111,705,000 | $110,490 | $2,329 | 4.46% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 335 | $69,735,000 | $208,164 | $2,998 | 4.12% |
| LANCASTER, PA (FHA|USDA|VA) | 439 | $59,885,000 | $136,412 | $3,299 | 4.45% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 389 | $44,215,000 | $113,663 | $1,542 | 4.72% |
| Outside of Metro Areas | 339 | $32,265,000 | $95,177 | $1,465 | 4.61% |
| LEBANON, PA (FHA|USDA|VA) | 187 | $23,195,000 | $124,037 | $2,078 | 4.40% |
| ROCHESTER, NY (FHA|USDA|VA) | 146 | $22,150,000 | $151,712 | $3,740 | 4.63% |
| Warren, PA (FHA|USDA|VA) | 237 | $20,255,000 | $85,464 | $1,442 | 4.59% |
| Meadville, PA (FHA|USDA|VA) | 215 | $17,565,000 | $81,698 | $1,807 | 4.68% |
| Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) | 167 | $17,425,000 | $104,341 | $1,917 | 4.83% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 67 | $16,235,000 | $242,313 | $5,404 | 3.53% |
| Oil City, PA (FHA|USDA|VA) | 189 | $16,125,000 | $85,317 | $1,766 | 4.50% |
| St. Marys, PA (FHA|USDA|VA) | 185 | $14,495,000 | $78,351 | $1,677 | 4.60% |
| TOLEDO, OH (FHA|USDA|VA) | 6 | $13,890,000 | $2,315,000 | $1,410 | 4.05% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 84 | $12,560,000 | $149,524 | $1,835 | 4.50% |
| Bradford, PA (FHA|USDA|VA) | 163 | $11,885,000 | $72,914 | $1,531 | 4.65% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 78 | $10,480,000 | $134,359 | $2,436 | 4.12% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $8,155,000 | $8,155,000 | $0 | 4.40% |
| AKRON, OH (FHA|USDA|VA) | 55 | $7,825,000 | $142,273 | $1,292 | 4.42% |
| DuBois, PA (FHA|USDA|VA) | 80 | $6,750,000 | $84,375 | $1,853 | 4.48% |
| Lock Haven, PA (FHA|USDA|VA) | 48 | $6,040,000 | $125,833 | $1,558 | 4.69% |
| Olean, NY (FHA|USDA|VA) | 54 | $5,720,000 | $105,926 | $1,729 | 4.97% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 20 | $5,570,000 | $278,500 | $8,142 | 3.78% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 42 | $4,990,000 | $118,810 | $2,216 | 4.51% |
| ITHACA, NY (FHA|USDA|VA) | 1 | $4,935,000 | $4,935,000 | $0 | 4.10% |
| Ashtabula, OH (FHA|USDA|VA) | 52 | $4,470,000 | $85,962 | $1,221 | 4.29% |
| New Castle, PA (FHA|USDA|VA) | 49 | $4,255,000 | $86,837 | $1,360 | 5.13% |
| Huntingdon, PA (FHA|USDA|VA) | 43 | $3,315,000 | $77,093 | $843 | 5.08% |
| WILLIAMSPORT, PA (FHA|USDA|VA) | 25 | $3,315,000 | $132,600 | $1,981 | 4.50% |
| READING, PA (FHA|USDA|VA) | 20 | $3,240,000 | $162,000 | $3,480 | 4.27% |
| Lewistown, PA (FHA|USDA|VA) | 34 | $3,080,000 | $90,588 | $1,921 | 4.53% |
| JOHNSTOWN, PA (FHA|USDA|VA) | 41 | $2,375,000 | $57,927 | $831 | 4.88% |
| ALTOONA, PA (FHA|USDA|VA) | 15 | $1,905,000 | $127,000 | $2,140 | 3.94% |
| Sandusky, OH (FHA|USDA|VA) | 19 | $1,655,000 | $87,105 | $1,526 | 4.66% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $1,215,000 | $1,215,000 | $9,251 | 4.25% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 8 | $1,210,000 | $151,250 | $4,132 | 4.48% |
| GETTYSBURG, PA (FHA|USDA|VA) | 9 | $965,000 | $107,222 | $2,075 | 4.78% |
| COLUMBIA, SC (FHA|USDA|VA) | 4 | $900,000 | $225,000 | $5,012 | 3.63% |
| COLUMBUS, OH (FHA|USDA|VA) | 5 | $755,000 | $151,000 | $2,092 | 3.98% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 5 | $695,000 | $139,000 | $633 | 3.68% |
| Pottsville, PA (FHA|USDA|VA) | 6 | $570,000 | $95,000 | $1,227 | 4.23% |
| Indiana, PA (FHA|USDA|VA) | 5 | $565,000 | $113,000 | $2,745 | 4.10% |
| JONESBORO, AR (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $3,398 | 3.25% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $3,369 | 4.79% |
| Somerset, PA (FHA|USDA|VA) | 5 | $475,000 | $95,000 | $1,696 | 3.78% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $7,507 | 4.25% |
| Batavia, NY (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $4,152 | 4.04% |
| SYRACUSE, NY (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $3,499 | 4.63% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 4.35% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $7,329 | 3.38% |
| Seneca, SC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $6,366 | 3.38% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $9,331 | 4.00% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $7,777 | 4.75% |
| Selinsgrove, PA (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $363 | 3.94% |
| Norwalk, OH (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $1,077 | 3.42% |
| Lewisburg, PA (FHA|USDA|VA) | 3 | $255,000 | $85,000 | $239 | 3.46% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,465 | 3.88% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,499 | 3.88% |
| Sayre, PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $300 | 3.88% |
| Corning, NY (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $67 | 4.63% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,788 | 3.63% |
| Ashland, OH (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 4.31% |
| Auburn, NY (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 5.75% |
| GLENS FALLS, NY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $67 | 3.13% |
| WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $2,927 | 3.63% |
| Ogdensburg-Massena, NY (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $60 | 4.38% |
| Seneca Falls, NY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $400 | 7.50% |
| Fremont, OH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $450 | 5.75% |
| Salem, OH (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 7.00% |
| ELMIRA, NY (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $650 | 6.13% |
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Product Mix
For 2019, Northwest Bank's most frequently originated type of loan was Conventional, with 5,480 originations. Their 2nd most popular type was HELOC, with 1,565 originations.
Loan Reason
For 2019, Northwest Bank's most frequently cited loan purpose was Home Purchase, with 2,254 originations. The 2nd most popular reason was Cash Out Refi, with 2,139 originations.
Loan Duration/Length
For 2019, Northwest Bank's most frequently cited loan duration was 30 Year, with 1,920 originations. The 2nd most popular length was Other, with 1,647 originations.
Origination Fees/Closing Costs
Northwest Bank's average total fees were $4,316, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 3,992 originations.
Interest Rates
During 2019, Northwest Bank's average interest rate for loans was 4.07%, while their most frequently originated rate bucket for loans was 3-4%, with 2,836 originations.
Loan Sizing
2019 saw Northwest Bank place emphasis on $100,000 or less loans with 3,744 originations, totaling $196,610,000 in origination value.
Applicant Income
Northwest Bank lent most frequently to those with incomes in the $50k-75k range, with 1,625 originations. The second most popular income band? $50k or less, with 1,503 originations.
Applicant Debt to Income Ratio
Northwest Bank lent most frequently to those with DTI ratios of 20-30%, with 1,834 originations. The next most common DTI ratio? 30-36%, with 1,453 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications85.51%
Northwest Bank has an average approval rate.
Pick Rate
Approvals leading to origination82.61%
Northwest Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 7,080 | $906,830,000 | $128,083 |
Occupancy Type Mix
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| NORTHWEST BANCSHARES INC | Other type of mortgage | Trouble during payment process | 1 | 100.0% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Northwest Bank | 2863 West 26th St Erie, PA 16506 | Full Service B&M | $96,491 |
| Northwest Bank | 101 South Main Street Sheffield, PA 16347 | Full Service B&M | $21,190 |
| Northwest Bank | 1 West Main Avenue Myerstown, PA 17067 | Full Service B&M | $51,687 |
| Northwest Bank | 1 West Third Street Jamestown, NY 14701 | Full Service B&M | $38,738 |
| Northwest Bank | 10 South 18th St Columbia, PA 17512 | Full Service B&M | $59,397 |
| Northwest Bank | 100 East Main Street Westfield, PA 16950 | Full Service B&M | $34,512 |
| Northwest Bank | 100 Fairgrounds Road Huntingdon, PA 16652 | Full Service B&M | $23,882 |
| Northwest Bank | 100 West High Street Maytown, PA 17550 | Full Service B&M | $29,460 |
| Northwest Bank | 100 West Spruce Street Marienville, PA 16239 | Full Service B&M | $21,238 |
| Northwest Bank | 1000 Marketplace Drive Edinboro, PA 16412 | Full Service B&M | $38,213 |
| Northwest Bank | 101 East Lincoln Avenue Mc Donald, PA 15057 | Full Service B&M | $30,368 |
| Northwest Bank | 101 East Main Street Mount Joy, PA 17552 | Full Service B&M | $165,482 |
| Northwest Bank | 101 Monroe Road Sarver, PA 16055 | Full Service B&M | $35,462 |
| Northwest Bank | 101 West Spring Street Titusville, PA 16354 | Full Service B&M | $91,910 |
| Northwest Bank | 1035 Payne Avenue North Tonawanda, NY 14120 | Full Service B&M | $140,066 |
| Northwest Bank | 104 East Main Street Lock Haven, PA 17745 | Full Service B&M | $31,715 |
| Northwest Bank | 104 Winfield Drive Grove City, PA 16127 | Full Service B&M | $41,546 |
| Northwest Bank | 1040 Lake Avenue Ashtabula, OH 44004 | Full Service B&M | $14,802 |
| Northwest Bank | 10444 U.S. Highway 522 South Lewistown, PA 17044 | Full Service B&M | $32,730 |
| Northwest Bank | 1048 East Main Street Palmyra, PA 17078 | Full Service B&M | $53,988 |
| Northwest Bank | 105 Chestnut Commons Drive Elyria, OH 44035 | Full Service B&M | $48,318 |
| Northwest Bank | 105 Petroleum Street Oil City, PA 16301 | Full Service B&M | $97,324 |
| Northwest Bank | 105 South Main Street Springboro, PA 16435 | Full Service B&M | $17,600 |
| Northwest Bank | 105 West Academy Street Shinglehouse, PA 16748 | Full Service B&M | $28,390 |
| Northwest Bank | 10533 Perry Highway Wexford, PA 15090 | Full Service B&M | $40,580 |
| Northwest Bank | 1055 Union Road West Seneca, NY 14224 | Full Service B&M | $36,655 |
| Northwest Bank | 1091 Eichelberger Street Hanover, PA 17331 | Full Service B&M | $20,418 |
| Northwest Bank | 1127 Zion Road Bellefonte, PA 16823 | Full Service B&M | $43,792 |
| Northwest Bank | 1175 Cleveland Avenue Amherst, OH 44001 | Full Service B&M | $91,040 |
| Northwest Bank | 118 South Main Street Zelienople, PA 16063 | Full Service B&M | $17,120 |
| Northwest Bank | 1195 Manheim Pike Lancaster, PA 17601 | Full Service B&M | $27,958 |
| Northwest Bank | 1200 South Second Street Clearfield, PA 16830 | Full Service B&M | $58,923 |
| Northwest Bank | 1205 River Road Marietta, PA 17547 | Full Service B&M | $18,435 |
| Northwest Bank | 121 West 26th Street Erie, PA 16508 | Full Service B&M | $81,309 |
| Northwest Bank | 1228 Jefferson Ave Buffalo, NY 14208 | Full Service B&M | $1,368 |
| Northwest Bank | 124 Middle Ave Elyria, OH 44035 | Full Service B&M | $57,352 |
| Northwest Bank | 1248 Abbott Road Lackawanna, NY 14218 | Full Service B&M | $60,885 |
| 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 | $88,954 |
| Northwest Bank | 1301 Liberty Street Franklin, PA 16323 | Full Service B&M | $96,712 |
| Northwest Bank | 1328 East Grandview Blvd Erie, PA 16504 | Full Service B&M | $70,914 |
| Northwest Bank | 14 Lafayette Square Buffalo, NY 14203 | Full Service B&M | $97,630 |
| 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 | $90,511 |
| Northwest Bank | 1441 Monroe Avenue Rochester, NY 14618 | Full Service B&M | $22,824 |
| Northwest Bank | 14457 Main Street Wattsburg, PA 16442 | Full Service B&M | $24,344 |
| Northwest Bank | 1475 Main Street Coalport, PA 16627 | Full Service B&M | $34,822 |
| Northwest Bank | 148 West Pike Street Canonsburg, PA 15317 | Full Service B&M | $15,555 |
| Northwest Bank | 151 Pittsburgh Road Butler, PA 16001 | Full Service B&M | $32,396 |
| Northwest Bank | 1531 Niagara Falls Blvd. Amherst, NY 14228 | Full Service B&M | $56,737 |
| Northwest Bank | 16 Main Street Wellsboro, PA 16901 | Limited, Drive-thru | $0 |
| Northwest Bank | 1625 Old Philadelphia Pike Lancaster, PA 17602 | Full Service B&M | $14,031 |
| Northwest Bank | 1688 Route 228 Cranberry Township, PA 16066 | Full Service B&M | $24,235 |
| Northwest Bank | 1690 Sheridan Drive Kenmore, NY 14223 | Full Service B&M | $161,614 |
| Northwest Bank | 170 Main Street Ridgway, PA 15853 | Full Service B&M | $80,645 |
| Northwest Bank | 1700 Roosevelt Avenue York, PA 17408 | Full Service B&M | $20,248 |
| Northwest Bank | 1759 West Main St Ephrata, PA 17522 | Full Service B&M | $17,219 |
| Northwest Bank | 176 Lovell Avenue Ebensburg, PA 15931 | Full Service B&M | $24,993 |
| Northwest Bank | 1767 North Atherton Street State College, PA 16803 | Full Service B&M | $24,033 |
| Northwest Bank | 178 West Streetsboro Street Hudson, OH 44236 | Full Service B&M | $87,365 |
| Northwest Bank | 1811 Mckees Rocks Road Mckees Rocks, PA 15136 | Full Service B&M | $25,350 |
| Northwest Bank | 190 Stony Battery Road Salunga, PA 17538 | Full Service B&M | $37,954 |
| Northwest Bank | 1903 Hubbard Road Madison, OH 44057 | Full Service B&M | $20,974 |
| Northwest Bank | 1918 Minno Drive Johnstown, PA 15905 | Full Service B&M | $39,537 |
| Northwest Bank | 1945 Douglas Parkway Erie, PA 16509 | Full Service B&M | $82,341 |
| Northwest Bank | 2 East 4th Street Emporium, PA 15834 | Full Service B&M | $46,234 |
| Northwest Bank | 200 South Center Street Grove City, PA 16127 | Full Service B&M | $33,669 |
| Northwest Bank | 201 North Craig Street Pittsburgh, PA 15213 | Full Service B&M | $31,460 |
| Northwest Bank | 201 West Main Street New Holland, PA 17557 | Full Service B&M | $18,999 |
| Northwest Bank | 202 East Main Street Youngsville, PA 16371 | Full Service B&M | $29,799 |
| Northwest Bank | 204 West Beaver Avenue State College, PA 16801 | Full Service B&M | $55,052 |
| Northwest Bank | 2070 George Urban Boulevard Depew, NY 14043 | Full Service B&M | $111,449 |
| Northwest Bank | 210 West Main Street Falconer, NY 14733 | Full Service B&M | $30,273 |
| Northwest Bank | 2100 Center Rd Avon, OH 44011 | Full Service B&M | $39,733 |
| Northwest Bank | 2102 Rice Ave Lake City, PA 16423 | Full Service B&M | $34,379 |
| Northwest Bank | 2113 Chili Avenue Rochester, NY 14624 | Full Service B&M | $12,099 |
| Northwest Bank | 2134 Marietta Ave Lancaster, PA 17603 | Full Service B&M | $16,279 |
| Northwest Bank | 22 Franklin Village Mall Kittanning, PA 16201 | Full Service B&M | $56,276 |
| Northwest Bank | 2200 South Atherton Street State College, PA 16801 | Full Service B&M | $42,379 |
| Northwest Bank | 221 Elm Street Tionesta, PA 16353 | Full Service B&M | $24,677 |
| Northwest Bank | 225 Franklin Street Johnstown, PA 15901 | Full Service B&M | $29,292 |
| Northwest Bank | 2300 Grand Island Boulevard Grand Island, NY 14072 | Full Service B&M | $174,588 |
| Northwest Bank | 242 East Main Street Carnegie, PA 15106 | Full Service B&M | $27,491 |
| 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 | $33,897 |
| Northwest Bank | 2513 West State Street Olean, NY 14760 | Full Service B&M | $21,933 |
| Northwest Bank | 260 Murtland Avenue Washington, PA 15301 | Full Service B&M | $34,821 |
| Northwest Bank | 27095 Bagley Road Olmsted Falls, OH 44138 | Full Service B&M | $19,053 |
| Northwest Bank | 275 Meadow Drive North Tonawanda, NY 14120 | Limited, Drive-thru | $0 |
| Northwest Bank | 2850 Pearl Avenue Lorain, OH 44055 | Full Service B&M | $15,907 |
| Northwest Bank | 29 South Erie Street Mayville, NY 14757 | Full Service B&M | $26,758 |
| Northwest Bank | 295 Main Street Buffalo, NY 14203 | Full Service B&M | $42,050 |
| Northwest Bank | 2981 Delaware Avenue Kenmore, NY 14217 | Full Service B&M | $27,063 |
| Northwest Bank | 30 East Main Street Geneva, OH 44041 | Full Service B&M | $16,739 |
| Northwest Bank | 30 West Street Galeton, PA 16922 | Full Service B&M | $34,128 |
| Northwest Bank | 301 Broad Street New Bethlehem, PA 16242 | Full Service B&M | $25,277 |
| Northwest Bank | 301 Centreville Road Lancaster, PA 17601 | Full Service B&M | $17,208 |
| Northwest Bank | 302 North East Street Coudersport, PA 16915 | Full Service B&M | $55,176 |
| Northwest Bank | 3105 Niagara Falls Boulevard Amherst, NY 14228 | Full Service B&M | $102,842 |
| Northwest Bank | 311 East Fairmount Avenue Lakewood, NY 14750 | Full Service B&M | $95,899 |
| Northwest Bank | 3140 Cape Horn Road Red Lion, PA 17356 | Full Service B&M | $33,575 |
| Northwest Bank | 3150 Sheridan Drive Amherst, NY 14226 | Full Service B&M | $32,818 |
| 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 | $61,464 |
| Northwest Bank | 33 Main Street Bradford, PA 16701 | Full Service B&M | $136,543 |
| Northwest Bank | 3380 Washington Road Canonsburg, PA 15317 | Full Service B&M | $13,496 |
| Northwest Bank | 3407 Liberty Street Erie, PA 16508 | Full Service B&M | $70,154 |
| Northwest Bank | 34085 Center Ridge Road North Ridgeville, OH 44039 | Full Service B&M | $19,460 |
| Northwest Bank | 342 Main Street Wampum, PA 16157 | Full Service B&M | $24,757 |
| Northwest Bank | 3488 Amelia Drive Orchard Park, NY 14127 | Full Service B&M | $32,272 |
| Northwest Bank | 35 East Main Street North East, PA 16428 | Full Service B&M | $48,395 |
| Northwest Bank | 3517 Union Road Cheektowaga, NY 14225 | Full Service B&M | $33,762 |
| Northwest Bank | 355 Biddle Street Kane, PA 16735 | Limited, Drive-thru | $0 |
| Northwest Bank | 364 Connecticut Street Buffalo, NY 14213 | Full Service B&M | $20,013 |
| Northwest Bank | 3649 East Market Street York, PA 17402 | Full Service B&M | $33,480 |
| Northwest Bank | 3660 Oberlin Avenue Lorain, OH 44053 | Full Service B&M | $57,197 |
| Northwest Bank | 370 West Governor Road Hershey, PA 17033 | Full Service B&M | $50,363 |
| Northwest Bank | 38 East Roseville Road Lancaster, PA 17601 | Full Service B&M | $33,696 |
| Northwest Bank | 3858 N Buffalo Rd Orchard Park, NY 14127 | Full Service B&M | $23,475 |
| Northwest Bank | 39 South St. Marys Street Saint Marys, PA 15857 | Full Service B&M | $103,999 |
| Northwest Bank | 4 Perry Street Union City, PA 16438 | Full Service B&M | $60,242 |
| Northwest Bank | 400 Jackson Run Road Warren, PA 16365 | Full Service B&M | $67,866 |
| Northwest Bank | 410 Wilcox Road Johnsonburg, PA 15845 | Full Service B&M | $50,443 |
| Northwest Bank | 414 Beaver Street Sewickley, PA 15143 | Full Service B&M | $29,888 |
| Northwest Bank | 426 State Street Curwensville, PA 16833 | Full Service B&M | $45,410 |
| Northwest Bank | 4270 East Lake Road Erie, PA 16511 | Full Service B&M | $49,154 |
| Northwest Bank | 428 West Main Street Smethport, PA 16749 | Full Service B&M | $26,363 |
| Northwest Bank | 42935 North Ridge Road Elyria, OH 44035 | Full Service B&M | $46,232 |
| Northwest Bank | 431 Washington Avenue Bridgeville, PA 15017 | Full Service B&M | $71,829 |
| Northwest Bank | 4320 Kent Rd U1 Stow, OH 44224 | Full Service B&M | $4,758 |
| Northwest Bank | 437 Cochran Road Mount Lebanon, PA 15228 | Full Service B&M | $33,334 |
| Northwest Bank | 4381 Military Road Niagara Falls, NY 14305 | Full Service B&M | $71,425 |
| Northwest Bank | 4435 Transit Road Williamsville, NY 14221 | Full Service B&M | $109,348 |
| Northwest Bank | 4525 Buffalo Road Erie, PA 16510 | Full Service B&M | $72,304 |
| Northwest Bank | 457 Broadway Lorain, OH 44052 | Full Service B&M | $125,439 |
| Northwest Bank | 475 Plank Road Webster, NY 14580 | Full Service B&M | $18,907 |
| Northwest Bank | 475 Theatre Drive Johnstown, PA 15904 | Full Service B&M | $43,366 |
| Northwest Bank | 49 S Main Street Oberlin, OH 44074 | Full Service B&M | $64,393 |
| Northwest Bank | 5 Buckingham Street Tidioute, PA 16351 | Full Service B&M | $16,126 |
| Northwest Bank | 50 South Main Street Mansfield, PA 16933 | Full Service B&M | $41,142 |
| Northwest Bank | 500 Center Street Lewiston, NY 14092 | Full Service B&M | $65,339 |
| Northwest Bank | 5066 Shaffer Road Du Bois, PA 15801 | Full Service B&M | $32,334 |
| Northwest Bank | 520 Front Street Fredericktown, PA 15333 | Full Service B&M | $44,745 |
| Northwest Bank | 532 Lincoln Avenue Pittsburgh, PA 15202 | Full Service B&M | $78,480 |
| Northwest Bank | 535 Smithfield Street, Suite 202 Pittsburgh, PA 15222 | Full Service B&M | $20,994 |
| Northwest Bank | 543 Brownsville Road Pittsburgh, PA 15210 | Full Service B&M | $30,769 |
| Northwest Bank | 546 North Center Street Lagrange, OH 44050 | Full Service B&M | $21,746 |
| Northwest Bank | 547 South Tenth Street Lebanon, PA 17042 | Full Service B&M | $77,218 |
| Northwest Bank | 55 East Avenue Lockport, NY 14094 | Full Service B&M | $131,541 |
| Northwest Bank | 56 Fraley Street Kane, PA 16735 | Full Service B&M | $35,267 |
| Northwest Bank | 5751 South Park Avenue Hamburg, NY 14075 | Full Service B&M | $75,843 |
| Northwest Bank | 600 Kendal Avenue Oberlin, OH 44074 | Limited, Mobile/Seasonal Office | $7,382 |
| Northwest Bank | 603 Scenery Drive Elizabeth, PA 15037 | Full Service B&M | $34,133 |
| Northwest Bank | 61 Main Street Wellsboro, PA 16901 | Full Service B&M | $63,719 |
| Northwest Bank | 6284 Library Road Bethel Park, PA 15102 | Full Service B&M | $31,776 |
| Northwest Bank | 629 Main Street Rimersburg, PA 16248 | Full Service B&M | $42,709 |
| Northwest Bank | 6409 Transit Road East Amherst, NY 14051 | Full Service B&M | $148,948 |
| Northwest Bank | 690 Kenmore Avenue Buffalo, NY 14216 | Full Service B&M | $46,063 |
| Northwest Bank | 70 Richmond Street Painesville, OH 44077 | Full Service B&M | $7,715 |
| Northwest Bank | 701 Lancaster Road Manheim, PA 17545 | Full Service B&M | $25,907 |
| Northwest Bank | 7029 Us 322 Cranberry, PA 16319 | Full Service B&M | $49,622 |
| Northwest Bank | 710 Old Clairton Road Pittsburgh, PA 15236 | Full Service B&M | $54,653 |
| Northwest Bank | 730 Main Street Clarion, PA 16214 | Full Service B&M | $75,515 |
| Northwest Bank | 730 North Main Street Meadville, PA 16335 | Limited, Drive-thru | $0 |
| Northwest Bank | 744 South Broad Street Lititz, PA 17543 | Full Service B&M | $30,422 |
| Northwest Bank | 7512 West Ridge Road Fairview, PA 16415 | Full Service B&M | $41,705 |
| Northwest Bank | 768 Foote Avenue Jamestown, NY 14701 | Full Service B&M | $53,355 |
| Northwest Bank | 7709 Mcknight Road Pittsburgh, PA 15237 | Full Service B&M | $64,567 |
| Northwest Bank | 80 West Columbus Avenue Corry, PA 16407 | Full Service B&M | $40,733 |
| Northwest Bank | 800 State Street Erie, PA 16501 | Full Service B&M | $80,881 |
| Northwest Bank | 805 Main Street Niagara Falls, NY 14301 | Full Service B&M | $66,224 |
| Northwest Bank | 824 South St Marys Street Saint Marys, PA 15857 | Full Service B&M | $58,764 |
| Northwest Bank | 85 West Washington Street Bradford, PA 16701 | Limited, Drive-thru | $0 |
| Northwest Bank | 850 Main Street Volant, PA 16156 | Full Service B&M | $31,376 |
| Northwest Bank | 850 Pittsburgh Avenue Erie, PA 16505 | Full Service B&M | $74,250 |
| Northwest Bank | 860 Long Pond Road Rochester, NY 14612 | Full Service B&M | $29,995 |
| Northwest Bank | 905 Main Street Sharpsburg, PA 15215 | Full Service B&M | $24,874 |
| Northwest Bank | 950 East Main Street Bradford, PA 16701 | Full Service B&M | $52,116 |
| Northwest Bank | 999 South Main Street Meadville, PA 16335 | Full Service B&M | $125,762 |
| Northwest Bank | East Lake Road Vermilion, OH 44089 | Full Service B&M | $59,261 |
| Northwest Bank | Second At Liberty Warren, PA 16365 | Full Service B&M | $499,235 |
For 2019, Northwest Bank had 182 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $432,341 |
| Net interest income | $380,051 |
| Total noninterest income | $99,296 |
| Gross Fiduciary activities income | $7,460 |
| Service charges on deposit accounts | $21,817 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $70,019 |
| Pre-tax net operating income | $147,002 |
| Securities gains (or losses, -) | $21 |
| Income before extraordinary items | $115,103 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $115,103 |
| Minority interest net income | $0 |
| Net income | $115,103 |
| Sale, conversion, retirement of capital stock, net | $96,493 |
| Net operating income | $115,086 |
Northwest Bank's gross interest income from loans was $432,341,000.
Northwest Bank's net interest income from loans was $380,051,000.
Northwest Bank's fee based income from loans was $21,817,000.
Northwest Bank's net income from loans was $115,103,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $52,290 |
| Provision for credit losses | $22,659 |
| Total noninterest expense | $309,686 |
| Salaries and employee benefits | $176,980 |
| Premises and equipment expense | $33,964 |
| Additional noninterest expense | $98,742 |
| Applicable income taxes | $31,920 |
| Net charge-offs | $19,932 |
| Cash dividends | $110,000 |
Northwest Bank's interest expense for loans was $52,290,000.
Northwest Bank's payroll and benefits expense were $176,980,000.
Northwest Bank's property, plant and equipment expenses $33,964,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 0.0% |
| Real Estate loans | 0.0% |
| Construction & Land Development loans | 1.0% |
| Nonfarm, nonresidential loans | 1.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 0.0% |
| HELOC loans | 0.0% |
| All other family | 0.0% |
| Commercial & industrial loans | 1.0% |
| Personal loans | 0.0% |
| Credit card loans | 0.7% |
| 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 | $8,835,758 |
| Deposits held in domestic offices | $8,835,758 |
| Deposits by Individuals, partnerships, and corporations | $8,379,914 |
| Deposits by U.S. Government | $34 |
| Deposits by States and political subdivisions in the U.S. | $455,810 |
| 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 | $1,062,170 |
| Demand deposits | $831,407 |
| Nontransaction accounts | $7,773,588 |
| Money market deposit accounts (MMDAs) | $4,554,831 |
| Other savings deposits (excluding MMDAs) | $1,649,394 |
| Total time deposits | $1,569,363 |
| Total time and savings deposits | $8,004,351 |
| Noninterest-bearing deposits | $1,790,291 |
| Interest-bearing deposits | $7,045,467 |
| Retail deposits | $8,689,667 |
| IRAs and Keogh plan accounts | $281,457 |
| Brokered deposits | $125,408 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $10,624,748 |
| Cash & Balances due from depository institutions | $182,765 |
| Interest-bearing balances | $33,711 |
| Total securities | $837,936 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $8,769,233 |
| Loan and leases loss allowance | $57,941 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $194,609 |
| Other real estate owned | $950 |
| Goodwill and other intangibles | $365,318 |
| All other assets | $273,937 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $10,624,748 |
| Total Liabilities | $9,313,703 |
| Total deposits | $8,835,758 |
| Interest-bearing deposits | $7,045,467 |
| Deposits held in domestic offices | $8,835,758 |
| % insured (estimated) | $83 |
| Federal funds purchased and repurchase agreements | $92,736 |
| Trading liabilities | $0 |
| Other borrowed funds | $205,692 |
| Subordinated debt | $0 |
| All other liabilities | $179,517 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $8,769,233 |
| Loan and leases loss allowance | $57,941 |
| Total loans and leases (domestic) | $8,827,174 |
| All real estate loans | $6,957,839 |
| Real estate loans in domestic offices | $6,957,839 |
| Construction and development loans | $247,010 |
| Residential 1-4 family construction | $16,825 |
| Other construction, all land development and other land | $230,185 |
| Loans secured by nonfarm nonresidential properties | $1,746,779 |
| Nonfarm nonresidential secured by owner-occupied properties | $724,028 |
| Commercial real estate & other non-farm, non-residential | $1,022,751 |
| Multifamily residential real estate | $486,441 |
| 1-4 family residential loans | $4,364,536 |
| Farmland loans | $113,073 |
| Loans held in foreign offices | $0 |
| Farm loans | $11,049 |
| Commercial and industrial loans | $635,627 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $1,149,358 |
| Credit card loans | $57,491 |
| Related Plans | $14,558 |
| Consumer Auto Loans | $830,128 |
| Other loans to individuals | $247,181 |
| All other loans & leases | $73,301 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $52,719 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $42,012 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $21,578 |
| Non 1-4 family restructured loans & leases | $13,186 |
| Total loans and leases (foreign) | $0 |
Northwest Bank had $8,769,233,000 of loans outstanding in 2019. $6,957,839,000 of loans were in real estate loans. $247,010,000 of loans were in development loans. $486,441,000 of loans were in multifamily mortgage loans. $4,364,536,000 of loans were in 1-4 family mortgage loans. $11,049,000 of loans were in farm loans. $57,491,000 of loans were in credit card loans. $830,128,000 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 | 3,044 | $553,737 | $181,911 |
| Nonfarm, nonresidential loans - <$100k | 928 | $32,396 | $34,909 |
| Nonfarm, nonresidential loans - $100-250k | 971 | $111,150 | $114,470 |
| Nonfarm, nonresidential loans - $250k-1MM | 1,145 | $410,191 | $358,245 |
| Commercial & Industrial, US addressed loans - <$1MM | 3,952 | $260,952 | $66,030 |
| Commercial & Industrial, US addressed loans - <$100k | 2,961 | $71,547 | $24,163 |
| Commercial & Industrial, US addressed loans - $100-250k | 578 | $60,540 | $104,740 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 413 | $128,865 | $312,022 |
| Farmland loans - <$1MM | 518 | $78,067 | $150,708 |
| Farmland loans - <$100k | 187 | $7,264 | $38,845 |
| Farmland loans - $100-250k | 162 | $23,537 | $145,290 |
| Farmland loans - $250k-1MM | 169 | $47,266 | $279,680 |
| Agriculture operations loans - <$1MM | 292 | $10,057 | $34,442 |
| Agriculture operations loans - <$100k | 269 | $6,810 | $25,316 |
| Agriculture operations loans - $100-250k | 19 | $2,073 | $109,105 |
| Agriculture operations loans - $250k-1MM | 4 | $1,174 | $293,500 |