Applications / Mortgage Analytics / Lenders / Illinois / Northwest Bank of Rockford
Rockford, IL · State non-member bank · FDIC · $483 million assets · 34 loans in 2025
Northwest Bank of Rockford's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
34
loans originated, 2025
49
applications, 2025
3
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Northwest Bank of Rockford, a state bank in Rockford, Illinois, made 34 home loans in 2025, down from 186 the year before and 744 in 2020.
The 82% drop was steeper than at almost every similar lender, meaning state non-member banks making between half and twice as many loans. The typical one grew 2%, and the whole market 10%. The fall came abruptly, after 179 loans in 2023 and 186 in 2024. Whether the bank pulled back from some kind of lending or changed what it reports, the figures do not say.
Rockford is its home market, where it has lent since 1990. Its share there fell from 3.1% to 0.3% as its own loan count collapsed, and it now ranks 54 of 302. The fall in share tracks the fall in its own lending, which could reflect a decision to make fewer home loans rather than customers lost to rivals. GreenState Credit Union leads the market.
The bank was established in 1972 and has reported since 1990. It made 389 loans in 2018 and peaked at 744 in 2020. Half of its 2025 loans were refinances and 41.2% purchases, all of them conventional. With 34 loans, its shares of borrowers, neighborhoods and prices rest on too few loans to read much into.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Northwest Bank of Rockford took 49 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Refinance 50.0% · Purchase 41.2% · Home improvement 5.9% · Other 2.9%
Conventional 100.0% · of 34 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Illinois | 32 | 94.1% |
| Florida | 1 | 2.9% |
| Wisconsin | 1 | 2.9% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Rockford | 25 |
| Kankakee | 2 |
| Crestview-Fort Walton Beach-Destin | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 2138007DQF1WY8NDYM18 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 685649 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 320666 | 1990–2017 |
Established 21 April 1972. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Northwest Bank of Rockford's data.
Northwest Bank of Rockford's data
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Northwest Bank of Rockford and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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