Northwest Bancorporation Inc. (the “Company”), a Washington corporation incorporated in 1991, is a bank holding company registered with and supervised by the Board of Governors of the Federal Reserve System (the “Federal Reserve Board”). In 1993, the Company became the bank holding company parent of Inland Northwest Bank (the “Bank”) by acquiring all the outstanding shares of common stock of the Bank in exchange for an equal number of shares of common stock of the Company. Since commencing operations, the Company’s business has consisted primarily of managing and supervising the Bank, and its principal source of income has been derived from the Bank. Although the Company’s management continues to consider the possibility of other business opportunities, the Company currently has not established any independent business activity apart from acting as the parent company of the Bank. The Company also owns one-hundred percent of the common stock of Northwest Bancorporation Capital Trust I, a trust established in 2005 for the purpose of issuing trust preferred securities; proceeds received by the trust from the issuance of the trust preferred securities were funded to the Company. The Bank commenced operations in 1989 as a Washington state-chartered commercial bank and is regulated by the Federal Deposit Insurance Corporation (the “FDIC”) and the Washington State Department of Financial Institutions (the “WDFI”). The Bank is a full service commercial bank providing a wide range of services to individuals and small to medium-sized businesses in eastern Washington and northern Idaho. The Bank operates seven branch offices in Washington and four branches in Idaho. In November 2011, the Bank formed a wholly-owned subsidiary, Northwest Property LLC, for the sole purpose of holding real estate acquired through foreclosure.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Inland Northwest Bancorporation Inc
SEC CIK
Corporate docs
IRS number
911574174
Latest filings (excl ownership)
D
$20M in equity, sold $20M, 16 investors
10 Sep 15
D
$6.5M in equity, sold $6.5M, 28 investors
19 Dec 13
8-K
Submission of Matters to a Vote of Security Holders
23 May 13
10-Q
2013 Q1
Quarterly report
3 May 13
15-12G
Securities registration termination
26 Apr 13
8-K
Results of Operations and Financial Condition
26 Apr 13
ARS
2012 FY
Annual report to shareholders
19 Apr 13
DEF 14A
Definitive proxy
19 Apr 13
8-K/A
Financial Statements and Exhibits
28 Mar 13
PRE 14A
Preliminary proxy
20 Mar 13
Latest ownership filings
SC 13G
BANC FUNDS CO LLC
12 Feb 21
SC 13G/A
Northwest Bancorporation Inc
14 Feb 18
SC 13G/A
Northwest Bancorporation Inc
14 Feb 18
SC 13G/A
Northwest Bancorporation Inc
14 Feb 17
SC 13G
Northwest Bancorporation Inc
8 Feb 17
SC 13G
Northwest Bancorporation Inc
12 Feb 16
SC 13D/A
DOUGLASS HARLAN D
2 Jul 12
Institutional ownership, Q1 2023
73.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 1 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 3.07 mm |
Total shares | 166.09 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Banc Funds | 164.14 k | $3.04 mm |
Vigilant Capital Management | 1.95 k | $36.00 k |