Bank Western National Association in Denver, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 24, 1993

  • Bank Western National Association in Denver, Colorado (CO)
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Bank Western National Association - Overview

  • General
  • FDIC Certificate #: 28736
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Colorado National Bank (#3010)
    Federal Reserve ID: 507170
    Date Established: January 01, 1891
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 74 (Interstate: No)
    OTS Docket #: 2254
    FDIC's unique #: 41570
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    SAIF Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: May 31, 1935
    Last Structure Change Effective Date: July 24, 1993
    Last Structure Change Process Date: August 12, 1993
    Last Data Update: September 15, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 700 17th Street, Denver, CO 80202
    County: Denver
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Denver
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Denver, CO (#2080)
    Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34)
    Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216)
    Core Based Statistical Area (CBSA): Denver-Aurora-Broomfield, CO (#19740)
    CBSA Metro Statistical Area: Denver-Aurora-Broomfield, CO (#19740)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $4,201.3 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $286Total assets
  • $2,498,530Cash and due from depository institutions
  • $53,140Interest-bearing balances
  • $65Securities
  • $803,556Federal funds sold & reverse repurchase agreements
  • $21,220Net loans & leases
  • $1,413,142Loan loss allowance
  • $30,795Trading account assets
  • $0Bank premises and fixed assets
  • $38,023Other real estate owned
  • $57,603Goodwill and other intangibles
  • $99,020Life insurance assets
  • $12,826All other assets
  • $0Total liabilities and capital
  • $2,498,530Total liabilities
  • $2,315,388Total deposits
  • $2,097,795Interest-bearing deposits
  • $2,018,114Deposits held in domestic offices
  • 2097795.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $143,707Subordinated debt
  • $0All other liabilities
  • $73,886Total equity capital
  • $73,886Total bank equity capital
  • $183,142Perpetual preferred stock
  • $0Common stock
  • $9,315Surplus
  • $221,132Undivided profits
  • Memoranda
  • $-47,305Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $16,287Income earned, not collected on loans
  • $16,806Earning assets
  • $2,237,983Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $2,507,270Average Assets, quarterly
  • $2,509,415Volatile liabilities
  • $291,969Insider loans
  • $0FHLB advances
  • $143,137Loans and leases held for sale
  • $0Unused loan commitments
  • $91,409Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $142,934Total risk weighted assets
  • $1,254,779Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $184,473Total interest expense
  • $117,507Net interest income
  • $66,966Provision for loan and lease losses
  • $34,508Total noninterest income
  • $40,149Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $40,149Total noninterest expense
  • $164,798Salaries and employee benefits
  • $39,129Premises and equipment expense
  • $45,245Additional noninterest expense
  • $80,424Pre-tax net operating income
  • -$92,191Securities gains (losses)
  • $0Applicable income taxes
  • -$30,087Income before extraordinary items
  • -$62,104Extraordinary gains - net
  • $0Net income attributable to bank
  • -$62,104Net charge-offs
  • $2,589Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $130,000Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.36%Cost of funding earning assets
  • 5.32%Net interest margin
  • 3.03%Noninterest income to earning assets
  • 1.82%Noninterest expense to earning assets
  • 7.47%Net operating income to assets
  • -2.48%Return on assets (ROA)
  • -2.48%Pretax return on assets
  • -3.68%Return on equity (ROE)
  • -46.69%Retained earnings to average equity (YTD only)
  • -46.69%Net charge-offs to loans
  • 0.17%Credit loss provision to net charge-offs
  • 1332.87%Efficiency ratio
  • 153,851Assets per employee
  • 8.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.13%Loss allowance to noncurrent loans
  • 189.08%Noncurrent assets plus other real estate owned to assets
  • 2.94%Noncurrent loans to loans
  • 1.13%Net loans and leases to deposits
  • 67.36%Net loans and leases to core deposits
  • 72.49%Equity capital to assets
  • 7.33%Core capital (leverage) ratio
  • 5.81%Tier 1 risk-based capital ratio
  • 11.39%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $2,507,270Average earning assets
  • $133,022Average equity
  • $2,207,483Average loans

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