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

This bank is inactive as of January 01, 1994

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

  • General
  • FDIC Certificate #: 17921
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank West, National Association (#3011)
    Federal Reserve ID: 619354
    Date Established: November 15, 1958
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 11858
    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: November 15, 1958
    Last Structure Change Effective Date: January 01, 1994
    Last Structure Change Process Date: January 06, 1994
    Last Data Update: January 06, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 2 Garden Center, Broomfield, CO 80020
    County: Broomfield
    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
    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)
  • Financial Summary
  • Total assets: $88.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $27Total assets
  • $88,149Cash and due from depository institutions
  • $13,499Interest-bearing balances
  • $10,160Securities
  • $41,455Federal funds sold & reverse repurchase agreements
  • $7,300Net loans & leases
  • $22,990Loan loss allowance
  • $1,334Trading account assets
  • $0Bank premises and fixed assets
  • $1,513Other real estate owned
  • $0Goodwill and other intangibles
  • $1,392Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $88,149Total liabilities
  • $82,537Total deposits
  • $81,837Interest-bearing deposits
  • $60,051Deposits held in domestic offices
  • 81837.00%% insured (estimated)
  • $82Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $700Total equity capital
  • $700Total bank equity capital
  • $5,612Perpetual preferred stock
  • $0Common stock
  • $440Surplus
  • $2,560Undivided profits
  • Memoranda
  • $2,612Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $16Income earned, not collected on loans
  • $121Earning assets
  • $81,905Long-term assets (5+ years)
  • $31,551Average Assets, year-to-date
  • $81,530Average Assets, quarterly
  • $86,349Volatile liabilities
  • $1,022Insider loans
  • $1FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $6,258Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,833Total risk weighted assets
  • $35,564Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,420Total interest expense
  • $1,625Net interest income
  • $3,795Provision for loan and lease losses
  • -$846Total noninterest income
  • $958Fiduciary activities
  • $0Service charges on deposit accounts
  • $601Trading account gains & fees
  • $0Additional noninterest income
  • $357Total noninterest expense
  • $4,248Salaries and employee benefits
  • $896Premises and equipment expense
  • $400Additional noninterest expense
  • $2,952Pre-tax net operating income
  • $1,351Securities gains (losses)
  • $3Applicable income taxes
  • $438Income before extraordinary items
  • $916Extraordinary gains - net
  • $0Net income attributable to bank
  • $916Net charge-offs
  • -$157Cash dividends
  • $250Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.20%Cost of funding earning assets
  • 2.16%Net interest margin
  • 5.04%Noninterest income to earning assets
  • 1.27%Noninterest expense to earning assets
  • 5.64%Net operating income to assets
  • 1.12%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 1.66%Return on equity (ROE)
  • 19.61%Retained earnings to average equity (YTD only)
  • 14.26%Net charge-offs to loans
  • -0.68%Credit loss provision to net charge-offs
  • 538.85%Efficiency ratio
  • 89,375Assets per employee
  • 3.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 27.29%Loss allowance to loans
  • 5.48%Loss allowance to noncurrent loans
  • 8337.50%Noncurrent assets plus other real estate owned to assets
  • 0.02%Noncurrent loans to loans
  • 0.07%Net loans and leases to deposits
  • 28.09%Net loans and leases to core deposits
  • 28.45%Equity capital to assets
  • 6.37%Core capital (leverage) ratio
  • 5.62%Tier 1 risk-based capital ratio
  • 13.59%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $81,530Average earning assets
  • $4,670Average equity
  • $75,296Average loans

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