Norwest Bank Anaconda-Butte, National Association in Anaconda, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 10, 1995

Norwest Bank Anaconda-Butte, National Association in Anaconda, Montana (MT)
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Norwest Bank Anaconda-Butte, National Association - Overview

General
FDIC Certificate #: 1104
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank Montana, National Association (#16309)
Federal Reserve ID: 841959
Date Established: January 01, 1934
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
FDIC's unique #: 747
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: Febuary 10, 1995
Last Structure Change Process Date: Febuary 23, 1995
Last Data Update: Febuary 23, 1995
Data Source Date: April 05, 2012
Location
Address: 120 West Park Avenue, Anaconda, MT 59711
County: Deer Lodge
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Billings
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $128.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$42Total assets
$128,679Cash and due from depository institutions
$6,362Interest-bearing balances
$0Securities
$43,896Federal funds sold & reverse repurchase agreements
$8,165Net loans & leases
$67,574Loan loss allowance
$645Trading account assets
$0Bank premises and fixed assets
$1,355Other real estate owned
$130Goodwill and other intangibles
$1,197Life insurance assets
$0All other assets
$0Total liabilities and capital
$128,679Total liabilities
$122,382Total deposits
$117,242Interest-bearing deposits
$101,896Deposits held in domestic offices
117242.00%% insured (estimated)
$92Federal funds purchased & repurchase agreements
$3,778Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,362Total equity capital
$1,362Total bank equity capital
$6,297Perpetual preferred stock
$0Common stock
$1,440Surplus
$1,440Undivided profits
Memoranda
$3,417Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$167Income earned, not collected on loans
$614Earning assets
$119,635Long-term assets (5+ years)
$37,995Average Assets, year-to-date
$131,952Average Assets, quarterly
$129,071Volatile liabilities
$6,049Insider loans
$30FHLB advances
$0Loans and leases held for sale
$2,593Unused loan commitments
$17,905Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,635Total risk weighted assets
$83,235Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$9,275Total interest expense
$3,426Net interest income
$5,849Provision for loan and lease losses
$60Total noninterest income
$965Fiduciary activities
$0Service charges on deposit accounts
$482Trading account gains & fees
$2Additional noninterest income
$481Total noninterest expense
$4,537Salaries and employee benefits
$1,405Premises and equipment expense
$410Additional noninterest expense
$2,722Pre-tax net operating income
$2,217Securities gains (losses)
-$30Applicable income taxes
$839Income before extraordinary items
$1,348Extraordinary gains - net
$0Net income attributable to bank
$1,348Net charge-offs
$121Cash dividends
$1,500Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.52%Cost of funding earning assets
2.78%Net interest margin
4.74%Noninterest income to earning assets
0.78%Noninterest expense to earning assets
3.68%Net operating income to assets
1.04%Return on assets (ROA)
1.02%Pretax return on assets
1.66%Return on equity (ROE)
17.53%Retained earnings to average equity (YTD only)
-1.98%Net charge-offs to loans
0.18%Credit loss provision to net charge-offs
49.59%Efficiency ratio
66,584Assets per employee
3.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
111.28%Loss allowance to loans
0.95%Loss allowance to noncurrent loans
386.23%Noncurrent assets plus other real estate owned to assets
0.23%Noncurrent loans to loans
0.24%Net loans and leases to deposits
57.64%Net loans and leases to core deposits
58.77%Equity capital to assets
4.89%Core capital (leverage) ratio
5.89%Tier 1 risk-based capital ratio
9.17%Total risk-based capital ratio
Memoranda
$10Average assets
$131,952Average earning assets
$7,689Average equity
$123,381Average loans

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