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Northwest Bancorp, Inc.

 
Hoover's Profile: Northwest Bancorp, Inc.
(NASDAQ (GS):NWSB)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Northwest Bancorp, Inc.
100 Liberty St.
Warren, PA 16365
PA Tel. 814-726-2140
Fax 814-728-7716

Type: Public
On the web: http://www.northwestsavingsbank.com
Employees: 2,020
Employee growth: 2.9%

In 1896 Utah was admitted as the 45th state, the first modern Olympic games were held, William McKinley was elected president, and this company's savings bank predecessor was founded. Today Northwest Bancorp is the holding company for Northwest Savings Bank, which operates some 170 branches mostly in Pennsylvania, but also in Maryland, New York, Ohio, and Florida. It offers standard deposit products and services, including checking and savings accounts, CDs, and money market accounts. The bank uses funds from deposits to write various loans, nearly 70% of which are real estate loans. It also writes consumer and business loans.

Key numbers for fiscal year ending December, 2008:
Sales: $258.1M
One year growth: 13.2%
Net income: $48.2M
Income growth: (1.9%)

Officers:
Chairman, President, and CEO, Northwest Bancorp and Northwest Savings Bank: William J. Wagner
EVP Finance and CFO, Northwest Bancorp and Northwest Savings Bank: William W. Harvey Jr.
SVP and CIO, Northwest Bancorp and Northwest Savings Bank: Andrew C. (Drew) Young

Competitors:
Citizens Financial Group
F.N.B. (PA)
PNC Financial

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