Norwest Bank Boulder, National Association in Boulder, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1995

  • Norwest Bank Boulder, National Association in Boulder, Colorado (CO)
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Norwest Bank Boulder, National Association - Overview

  • General
  • FDIC Certificate #: 2997
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank West, National Association (#3011)
    Federal Reserve ID: 891057
    Date Established: April 22, 1874
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 1897
    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: January 01, 1995
    Last Structure Change Process Date: January 12, 1995
    Last Data Update: January 12, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 1242 Pearl Street, Boulder, CO 80302
    County: Boulder
    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): Boulder-Longmont, CO (#1125)
    Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34)
    Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216)
    Core Based Statistical Area (CBSA): Boulder, CO (#14500)
    CBSA Metro Statistical Area: Boulder, CO (#14500)
  • Financial Summary
  • Total assets: $285.1 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)
  • $94Total assets
  • $285,134Cash and due from depository institutions
  • $21,072Interest-bearing balances
  • $5,800Securities
  • $136,771Federal funds sold & reverse repurchase agreements
  • $12,700Net loans & leases
  • $104,464Loan loss allowance
  • $4,025Trading account assets
  • $0Bank premises and fixed assets
  • $4,991Other real estate owned
  • $0Goodwill and other intangibles
  • $4,519Life insurance assets
  • $617All other assets
  • $0Total liabilities and capital
  • $285,134Total liabilities
  • $274,214Total deposits
  • $270,999Interest-bearing deposits
  • $195,262Deposits held in domestic offices
  • 270999.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $3,215Total equity capital
  • $3,215Total bank equity capital
  • $10,920Perpetual preferred stock
  • $0Common stock
  • $5,220Surplus
  • $5,220Undivided profits
  • Memoranda
  • $480Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $95Income earned, not collected on loans
  • $523Earning assets
  • $259,735Long-term assets (5+ years)
  • $128,387Average Assets, year-to-date
  • $298,928Average Assets, quarterly
  • $290,308Volatile liabilities
  • $1,270Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $32,964Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $16,659Total risk weighted assets
  • $140,831Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $20,135Total interest expense
  • $5,600Net interest income
  • $14,535Provision for loan and lease losses
  • -$1,990Total noninterest income
  • $3,590Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,633Trading account gains & fees
  • $29Additional noninterest income
  • $1,928Total noninterest expense
  • $11,905Salaries and employee benefits
  • $2,911Premises and equipment expense
  • $1,287Additional noninterest expense
  • $7,707Pre-tax net operating income
  • $8,210Securities gains (losses)
  • -$787Applicable income taxes
  • $2,574Income before extraordinary items
  • $4,849Extraordinary gains - net
  • $0Net income attributable to bank
  • $4,849Net charge-offs
  • -$916Cash dividends
  • $5,275Sale, 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
  • 7.21%Cost of funding earning assets
  • 2.01%Net interest margin
  • 5.21%Noninterest income to earning assets
  • 1.29%Noninterest expense to earning assets
  • 4.27%Net operating income to assets
  • 1.79%Return on assets (ROA)
  • 1.62%Pretax return on assets
  • 2.48%Return on equity (ROE)
  • 30.11%Retained earnings to average equity (YTD only)
  • -2.64%Net charge-offs to loans
  • -0.91%Credit loss provision to net charge-offs
  • 217.25%Efficiency ratio
  • 64,248Assets per employee
  • 3.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 108.79%Loss allowance to loans
  • 3.71%Loss allowance to noncurrent loans
  • 4236.84%Noncurrent assets plus other real estate owned to assets
  • 0.03%Noncurrent loans to loans
  • 0.09%Net loans and leases to deposits
  • 38.55%Net loans and leases to core deposits
  • 38.73%Equity capital to assets
  • 3.83%Core capital (leverage) ratio
  • 5.71%Tier 1 risk-based capital ratio
  • 11.83%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $298,928Average earning assets
  • $16,107Average equity
  • $279,112Average loans

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