Northwest Bank & Trust
Acworth, GA · Owner: Northwest Bancshares Inc
$161M
total assets, June 30, 2010
$161M
total assets, June 30, 2010
Northwest Bank & Trust was a state nonmember bank in Acworth, GA, owned by Northwest Bancshares Inc. It failed on Jul 30, 2010, and State Bank And Trust Company took over its deposits. At its last report it held $160.8 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2010
This bank failed
- Failed on
- Jul 30, 2010
- Assets
- $161M
- Deposits
- $156M
- Estimated cost
- $33.6M
- Deposits went to
- State Bank And Trust Company, Macon, GA
Total assets
$161M
-2.3% in a year · -4.1% in a quarter
Deposits
$156M
+3.4% in a year · -2.4% in a quarter
Loans
$93.0M
-20.1% in a year · -11.6% in a quarter
Profit so far
-$4.8M
Jan 1 to Jun 30, 2010
Capital ratio
0.55%
-6.95 pts in a year
Return on assets
-5.75%
-4.91 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 3891 Cobb Parkway, Acworth, GA, 30101
- County
- Cobb
- Holding company
- Northwest Bancshares Inc
- Established
- Mar 11, 2004
- Failed
- Jul 30, 2010
- Employees
- 26
- Branches
- 2
- Id
- b57658
Quarter by quarter
March 31, 2004 to June 30, 2010
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Northwest Bank & Trust?
$160.8 million in total assets and $155.5 million in deposits as of June 30, 2010, with assets down 2.3% from a year before. Its loans were $93.0 million.
How many branches does Northwest Bank & Trust have?
2 branches in Georgia as of June 30, 2026.
Is Northwest Bank & Trust profitable?
No: it lost $4.81 million from January 1 to June 30, 2010. Its return on assets was -5.75% a year; about 1% is typical.
Who owns Northwest Bank & Trust?
Northwest Bank & Trust is owned by Northwest Bancshares Inc, its holding company.
When did Northwest Bank & Trust fail?
Jul 30, 2010. State Bank And Trust Company of Macon, GA took over its deposits. The estimated cost of the failure was $33.6 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.