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Northwestern Bank, Financial Information

AboutNorthwestern Bank

 Address:
625 South Garfield Avenue
Traverse City,MI
,Michigan
 Established:
Nov 1955
 Number of domestic offices:
27
Total assets$858M
Net income$3M
Net income,quarterly$-1M
Total deposits$773M
Domestic deposits$773M
Equity capital$81M
ROA0.35%
ROAQ,quarterly-0.38%
ROA,pretax-0.38%
ROAQ,quarterly,pretax-0.58%
ROE3.81%
ROEQ,quarterly-4.06%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Historical Data