NPB on NYSE
NORTHPOINTE BANCSHARES INC
American state commercial bank that raised $90 million in 2026 (SEC Form D). Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
- TickerNPB on NYSE2
- IndustryState Commercial Banks2
- HeadquartersGrand Rapids, United States2
- Incorporated inMI3
- Business address3333 Deposit Drive Ne, Grand Rapids, Mi 495463
- Filer category, Emerging growth company3
- Legal formCorporation2
- LEI549300EYMKMD4WKEKP722
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O CHARLES A WILLIAMS, 49546 Grand Rapids, United States2
- Registered withCorporations Division (Department of Licensing and Regulatory Affairs), 8005405732
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Northpointe Bancshares, Inc. (“the Company”) is a bank holding company headquartered in Grand Rapids, Michigan and registered under the Bank Holding Company Act of 1956. The Company completed an initial public offering of common stock in February 2025 as an emerging growth company under the Jumpstart Our Business Startups Act of 2012 (“the JOBS Act”). Our common stock is listed on the New York Stock Exchange under the symbol “NPB”.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Loans - including fees | $351.2M | $285.5M |
| Investment securities - taxable | $463.0K | $637.0K |
| FHLB stock - taxable | $6.5M | $6.4M |
| Interest bearing deposits | $22.0M | $25.0M |
| Total interest income | $380.2M | $317.5M |
| Deposits | $176.7M | $151.1M |
| Subordinated debentures | $3.1M | $3.9M |
| Borrowings | $49.6M | $48.3M |
| Total interest expense | $229.5M | $203.3M |
| Net interest income | $150.7M | $114.2M |
| Provision (benefit) for credit loss and unfunded commitments | $2.1M | -$328.0K |
| Net interest income after provision (benefit) for credit losses and unfunded commitments | $148.6M | $114.5M |
| Service charges on deposits and other fees | $890.0K | $1.8M |
| Loan servicing fees | $4.7M | $8.9M |
| "Mortgage Purchase Program (""MPP"") fees" | $6.0M | $5.4M |
| Net gain on sale of loans | $77.2M | $56.7M |
| Other noninterest income | $2.2M | $128.0K |
| Total noninterest income | $91.0M | $72.9M |
| Salaries and employee benefits | $90.2M | $77.8M |
| Occupancy and equipment | $3.4M | $4.5M |
| Data processing expense | $8.7M | $9.0M |
| Professional fees | $6.2M | $4.1M |
| Other taxes and insurance | $7.6M | $7.0M |
| Other noninterest expense | $13.1M | $12.2M |
| Total noninterest expense | $129.2M | $114.6M |
| Income - before income taxes | $110.4M | $72.9M |
| Income tax expense | $27.0M | $17.7M |
| Net income | $83.4M | $55.2M |
| Preferred stock dividends and related costs | $11.8M | $8.0M |
| Net income available to common stockholders | $71.6M | $47.2M |
| Basic earnings per common share (in USD per share) | $2.14 | $1.83 |
| Diluted earnings per share (in USD per share) | $2.11 | $1.83 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $496.5M | $376.3M | |
| Equity securities | $1.3M | $1.3M | |
| Debt securities available for sale | $4.7M | $8.6M | |
| "Federal Home Loan Bank (""FHLB"") stock" | $80.1M | $69.6M | |
| Loans held for sale, at fair value | $309.2M | $217.1M | |
| Total loans held for investment (HFI) - ($178,578 and $172,960 at fair value at December 31, 2025 and December 31, 2024, respectively) | $6.0B | $4.4B | |
| Allowance for credit losses | -$10.4M | -$11.2M | -$12.3M |
| Net loans | $6.0B | $4.4B | |
| "Mortgage servicing rights (""MSR""), at fair value" | $17.0M | $15.1M | $95.3M |
| Intangible assets, net | $1.5M | $2.1M | |
| Premises and equipment | $27.6M | $27.3M | |
| Other assets | $73.7M | $90.1M | |
| Total Assets | $7.0B | $5.2B | |
| Noninterest-bearing | $276.0M | $208.9M | |
| Interest-bearing | $4.6B | $3.2B | |
| Total deposits | $4.9B | $3.4B | |
| Deferred tax liability | $3.8M | $3.5M | |
| Other liabilities | $43.9M | $32.8M | |
| Total Liabilities | $6.5B | $4.8B | |
| Additional paid in capital | $204.9M | $166.8M | |
| Retained earnings | $364.4M | $296.0M | |
| Accumulated other comprehensive loss | -$199.0K | -$324.0K | |
| Total Stockholders' Equity | $569.0M | $462.5M | $430.6M |
| Total Liabilities and Stockholders' Equity | $7.0B | $5.2B | |
| Loans at fair value | $178.6M | $173.0M | |
| Common stock, authorized (in shares) | 101.5M shares | 101.5M shares | |
| Common stock, issued (in shares) | 34.5M shares | 25.7M shares | |
| Common stock, outstanding (in shares) | 34.5M shares | 25.7M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $496.5M | $376.3M | |
| Equity securities | $1.3M | $1.3M | |
| Debt securities available for sale | $4.7M | $8.6M | |
| "Federal Home Loan Bank (""FHLB"") stock" | $80.1M | $69.6M | |
| Loans held for sale, at fair value | $309.2M | $217.1M | |
| Total loans held for investment (HFI) - ($178,578 and $172,960 at fair value at December 31, 2025 and December 31, 2024, respectively) | $6.0B | $4.4B | |
| Allowance for credit losses | -$10.4M | -$11.2M | -$12.3M |
| Net loans | $6.0B | $4.4B | |
| "Mortgage servicing rights (""MSR""), at fair value" | $17.0M | $15.1M | $95.3M |
| Intangible assets, net | $1.5M | $2.1M | |
| Premises and equipment | $27.6M | $27.3M | |
| Other assets | $73.7M | $90.1M | |
| Total Assets | $7.0B | $5.2B | |
| Noninterest-bearing | $276.0M | $208.9M | |
| Interest-bearing | $4.6B | $3.2B | |
| Total deposits | $4.9B | $3.4B | |
| Deferred tax liability | $3.8M | $3.5M | |
| Other liabilities | $43.9M | $32.8M | |
| Total Liabilities | $6.5B | $4.8B | |
| Additional paid in capital | $204.9M | $166.8M | |
| Retained earnings | $364.4M | $296.0M | |
| Accumulated other comprehensive loss | -$199.0K | -$324.0K | |
| Total Stockholders' Equity | $569.0M | $462.5M | $430.6M |
| Total Liabilities and Stockholders' Equity | $7.0B | $5.2B | |
| Loans at fair value | $178.6M | $173.0M | |
| Common stock, authorized (in shares) | 101.5M shares | 101.5M shares | |
| Common stock, issued (in shares) | 34.5M shares | 25.7M shares | |
| Common stock, outstanding (in shares) | 34.5M shares | 25.7M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | $83.4M | $55.2M |
| Depreciation | $2.5M | $2.8M |
| Intangible asset impairment | $0 | $1.5M |
| Amortization of intangible asset | $586.0K | $973.0K |
| Amortization of debt issuance costs | $293.0K | $458.0K |
| Net gain on sale of loans | -$77.2M | -$56.7M |
| Proceeds from sales of loans held for sale | $2.3B | $1.9B |
| Origination of mortgage loans held for sale | -$2.2B | -$1.9B |
| Net (gain) loss on sales of other real estate | -$167.0K | $281.0K |
| Net loss on disposal of premises and equipment | $0 | $228.0K |
| Net loss on sale of mortgage servicing rights | $0 | $1.1M |
| Net gain on sale of available for sale debt securities | $0 | -$83.0K |
| Net gain on extinguishment of debt | -$2.0M | -$1.7M |
| Change in fair value of mortgage servicing rights | $3.0M | $3.3M |
| Deferred tax expense (benefit) | $272.0K | -$20.8M |
| Change in fair value of equity securities | -$42.0K | $13.0K |
| Change in mortgage banking derivatives | $1.1M | -$3.0M |
| Other assets | $16.4M | -$17.5M |
| Other liabilities | $9.7M | -$4.3M |
| Net cash and cash equivalents provided by operating activities | $44.3M | $19.8M |
| Purchase of FHLB stock | -$10.5M | -$2.1M |
| Proceeds from sale of available for sale debt securities | $4.0M | $10.9M |
| Purchase of available for sale debt securities | $0 | -$4.0M |
| Proceeds from sale of mortgage servicing rights | $0 | $80.8M |
| Purchase of mortgage servicing rights | -$296.0K | $0 |
| Proceeds from sales of other real estate | $3.3M | $238.0K |
| Purchases of premises and equipment | -$2.8M | -$1.1M |
| Net increase in loans | -$1.6B | -$547.2M |
| "Contributions to lender risk account (""LRA"")" | -$1.1M | -$2.1M |
| Proceeds from release of LRA funds | $2.6M | $6.2M |
| Net cash and cash equivalents used in investing activities | -$1.6B | -$458.2M |
| Net change in deposits | $1.4B | $497.0M |
| Cash dividends paid on common stock | -$3.2M | -$2.6M |
| Subordinated debt call and repayment | -$15.0M | -$20.0M |
| Subordinated debt issuance, net of costs | $67.7M | $24.1M |
| Advances of FHLB borrowings | $1.2B | $355.0M |
| Repayment of FHLB borrowings | -$1.0B | -$369.5M |
| Net change in other borrowings | $17.0M | $0 |
| Issuance of common stock, net | $114.2M | $0 |
| Preferred stock dividend | -$8.2M | -$9.0M |
| Preferred stock repurchase | -$82.2M | -$11.6M |
| Restricted stock units issued, net | $2.4M | $0 |
| Stock repurchased | $0 | -$770.0K |
| Proceeds from exercised stock options | $38.0K | $155.0K |
| Net cash and cash equivalents provided by financing activities | $1.7B | $462.8M |
| Net increase in cash and cash equivalents | $120.2M | $24.4M |
| Interest | $221.0M | $202.4M |
| Income taxes | $28.8M | $43.4M |
| Change in rebooked GNMA loans over 90 days | $1.1M | -$22.8M |
| Loans transferred to other real estate | $1.9M | $3.5M |
| Loans transferred from loans held for sale to loans at fair value | $13.8M | $179.8M |
| Loans transferred from loans to loans held for sale at fair value | $40.3M | $74.9M |
No quarter-by-quarter statement was filed.
Leadership
Who has led NORTHPOINTE BANCSHARES INC, and when. Pick a name to see everywhere that person has worked.
President
Chief financial officer
Chief operating officer
- PresidentKevin J. Comps Feb 13, 2025 to now9
- Chief financial officerBrad T. Howes Feb 18, 2025 to now10
- Chief operating officerJoseph B. Long Sep 22, 2026 to now11
Board members and other officers (9)
- PRES, MORTGAGE PURCH PROGRAMDavid J. Christel Feb 13, 2025 to now12
- EVP, NATIONAL SALESAmy M. Butler Feb 18, 2025 to now13
- Board memberRodney E. Hood Jun 16, 2026 to now14
- Board memberJohn M. Eggemeyer Iii. Feb 13, 2025 to Feb 13, 202515
- Board memberVlieger Robert W. De Ii. Feb 13, 2025 to now16
- Board memberBruce L. Edger Feb 18, 2025 to now17
- Board memberRichard Jeffery Dean Feb 18, 2025 to now18
- Board memberCarrie L. Boer Feb 19, 2025 to now19
- Board memberRajeev Kumar Chaudhary Oct 29, 2025 to now20
Named in SEC Form D filings
People the company listed in its private-offering notices.
- Executive Officer, DirectorCharles A. Williams named Mar 23, 202621
- Executive OfficerGary T. Dykstra named Dec 23, 2025 to Mar 23, 202621
- Executive Officer, DirectorCharles A. William named Dec 23, 202522
- DirectorBruce L. Edgar named Dec 23, 2025 to Mar 23, 202621
- DirectorDavid F. Lawrence named Dec 23, 2025 to Mar 23, 202621
- DirectorDavid S. Hooker named Dec 23, 2025 to Mar 23, 202621
- DirectorJohn R. Tuttle named Dec 23, 2025 to Mar 23, 202621
- DirectorR. Jeffrey Dean named Dec 23, 2025 to Mar 23, 202621
- DirectorRobert W. De Vlieger named Dec 23, 2025 to Mar 23, 202621
Timeline
- May 26, 1998Founded NORTHPOINTE BANCSHARES INC is founded2
Filings
167 filings to the SEC since October 2021: 2 annual reports, 5 quarterly reports, 22 major events, 74 insider forms, 17 large holders, 2 private raises, 45 other. The latest 20:
- Oct 6, 20268-K EDGAR
- Sep 22, 20263 PRIMARY DOCUMENT EDGAR
- Sep 2, 20264 EDGAR
- Aug 28, 20268-K EDGAR
- Aug 26, 20264 EDGAR
- Aug 17, 20264 EDGAR
- Aug 14, 20264 EDGAR
- Aug 14, 2026144 EDGAR
- Aug 14, 2026144 EDGAR
- Aug 13, 2026144 EDGAR
- Aug 13, 2026144 EDGAR
- Aug 13, 202610-Q EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Aug 5, 20264 EDGAR
- Aug 4, 2026144 EDGAR
- Aug 4, 2026144 EDGAR
- Aug 3, 2026144 EDGAR
- Aug 3, 2026144 EDGAR
The 167 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
27 open-market trades by officers, directors and large owners since October 2021: 10 buys and 17 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 1, 2026 | Charles A Williams TR Charles A Williams Trust10% owner | Buy | 85,000 | $16.74 | $1.4M | Form 4 |
| Aug 26, 2026 | Charles A Williams TR Charles A Williams Trust10% owner | Buy | 48,312 | $16.95 | $818.9K | Form 4 |
| Aug 25, 2026 | Charles A Williams TR Charles A Williams Trust10% owner | Buy | 30,000 | $16.95 | $508.5K | Form 4 |
| Aug 14, 2026 | Hooker David StevensDirector | Sale | 772 | $17.50 | $13.5K | Form 4 |
| Aug 13, 2026 | Hooker David StevensDirector | Sale | 363 | $17.53 | $6.4K | Form 4 |
| Aug 4, 2026 | Hooker David StevensDirector | Sale | 3,156 | $17.57 | $55.5K | Form 4 |
| Aug 3, 2026 | Hooker David StevensDirector | Sale | 3,209 | $17.59 | $56.4K | Form 4 |
| Jul 1, 2026 | Hooker David StevensDirector | Sale | 7,500 | $19.30 | $144.8K | Form 4 |
| Jun 9, 2026 | Hooker David StevensDirector | Sale | 2,351 | $17.70 | $41.6K | Form 4 |
| Jun 8, 2026 | Hooker David StevensDirector | Sale | 739 | $17.52 | $12.9K | Form 4 |
| Jun 5, 2026 | Hooker David StevensDirector | Sale | 285 | $17.52 | $5.0K | Form 4 |
| Jun 2, 2026 | Hooker David StevensDirector | Sale | 4,125 | $17.50 | $72.2K | Form 4 |
| May 13, 2026 | Charles A Williams TR Charles A Williams Trust10% owner | Buy | 25,000 | $17.08 | $427.0K | Form 4 |
| May 12, 2026 | Williams Charles AlanCHAIRMAN & CEO | Buy | 25,000 | $17.21 | $430.2K | Form 4 |
| May 1, 2026 | Hooker David StevensDirector | Sale | 7,500 | $17.82 | $133.7K | Form 4 |
| Mar 9, 2026 | Dean Richard JefferyDirector | Sale | 57,619 | $17.55 | $1.0M | Form 4 |
| Mar 3, 2026 | Lawrence David F.Director | Buy | 500 | $18.19 | $9.1K | Form 4 |
| Feb 12, 2026 | Williams Charles AlanCHAIRMAN & CEO | Buy | 23,450 | $16.88 | $395.8K | Form 4 |
| Feb 11, 2026 | Williams Charles AlanCHAIRMAN & CEO | Buy | 14,205 | $16.90 | $240.1K | Form 4 |
| Jan 29, 2026 | Butler Amy MEVP, NATIONAL SALES | Sale | 6,365 | $17.50 | $111.4K | Form 4 |
All 27 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Bay Pond Investors (Bermuda) L.P.SCHEDULE 13G/A, 2 filings Jan 15, 2026 to Aug 13, 202623
- Bay Pond Partners, L.P.SCHEDULE 13G/A, 2 filings Feb 24, 2025 to Aug 13, 202624
- Wellington Management CompanySCHEDULE 13G/A, 4 filings May 7, 2025 to Aug 13, 202625
- Second Rewrittwen Trust Indenture of the John S Simoni Living TrustSCHEDULE 13G/A, 2 filings May 14, 2025 to Jul 13, 202626
- Adage Capital Management, L.P.SCHEDULE 13G/A, 2 filings Nov 13, 2025 to May 13, 202627
- Castle Creek Capital Partners VII, LPSCHEDULE 13G, 2 filings Aug 14, 2025 to Feb 13, 202628
- Annie GaineySCHEDULE 13G/A, 2 filings May 14, 2025 to Oct 17, 202529
- Charles A Williams TR Charles A Williams TrustSCHEDULE 13G, 1 filing May 14, 202530
Money raised
Private offerings the company reported to the SEC on Form D.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Wellington Management Group Llp | 3,651,674 | $70.0M | 0.0% | −856,258 |
| Adage Capital Partners Gp, L.l.c. | 2,840,757 | $54.5M | 0.1% | +239,254 |
| BlackRock, Inc. | 1,597,569 | $30.6M | 0.0% | +206,069 |
| Boston Partners | 1,246,256 | $23.9M | 0.0% | +31,069 |
| Morgan Stanley | 917,918 | $17.6M | 0.0% | −91,488 |
| Vanguard Capital Management LLC | 903,509 | $17.3M | 0.0% | −22,527 |
| Hotchkis & Wiley Capital Management LLC | 756,190 | $14.5M | 0.0% | +18,820 |
| American Century Companies Inc | 684,133 | $13.1M | 0.0% | +202,435 |
| Maltese Capital Management LLC | 497,600 | $9.5M | 1.7% | −74,575 |
| Algebris (uk) Ltd | 471,907 | $9.0M | 0.6% | −6,597 |
| Two Sigma Investments, LP | 464,361 | $8.9M | 0.0% | −136,294 |
| Geode Capital Management, LLC | 401,771 | $7.7M | 0.0% | +40,995 |
| Goldman Sachs Group Inc | 375,948 | $7.2M | 0.0% | −23,156 |
| Russell Investments Group, Ltd. | 370,626 | $7.1M | 0.0% | −24,476 |
| State Street Corp | 364,069 | $7.0M | 0.0% | +29,140 |
| Jacobs Asset Management, LLC | 350,000 | $6.7M | 5.1% | −75,000 |
| State Of Wisconsin Investment Board | 270,432 | $5.2M | 0.0% | −29,037 |
| Jpmorgan Chase & Co | 254,451 | $4.9M | 0.0% | −56,051 |
| Bank Of America Corp /de/ | 220,806 | $4.2M | 0.0% | +5,262 |
| Brevan Howard Capital Management LP | 202,549 | $3.9M | 0.1% | −47,785 |
| Mendon Capital Advisors Corp | 200,000 | $3.8M | 1.4% | −108,624 |
| Curi Capital, LLC | 200,000 | $3.8M | 0.1% | −45,097 |
| Algert Global LLC | 184,037 | $3.5M | 0.0% | New |
| EJF Capital LP | 177,121 | $3.4M | 2.3% | −67,986 |
| Sanctuary Advisors, LLC | 176,879 | $3.4M | 0.0% | −144 |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 9SEC EDGARKevin J. Comps, President
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- 13SEC EDGARAmy M. Butler, EVP, NATIONAL SALES
- 14SEC EDGARRodney E. Hood, Board member
- 15SEC EDGARJohn M. Eggemeyer Iii., Board member
- 16
- 17SEC EDGARBruce L. Edger, Board member
- 18SEC EDGARRichard Jeffery Dean, Board member
- 19SEC EDGARCarrie L. Boer, Board member
- 20SEC EDGARRajeev Kumar Chaudhary, Board member
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- 22
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