Norwest Bank El Paso, National Association in El Paso, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 14, 2000

  • Norwest Bank El Paso, National Association in El Paso, Texas (TX)
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Norwest Bank El Paso, National Association - Overview

  • General
  • FDIC Certificate #: 3187
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank Texas, National Association (#14533)
    Federal Reserve ID: 674951
    Date Established: April 23, 1881
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 12 (Interstate: No)
    OTS Docket #: 12349
    FDIC's unique #: 2049
    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: April 14, 2000
    Last Structure Change Process Date: June 27, 2000
    Last Data Update: June 27, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 221 North Kansas Street, El Paso, TX 79901
    County: El Paso
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Albuquerque
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): El Paso, TX (#2320)
    Core Based Statistical Area (CBSA): El Paso, TX (#21340)
    CBSA Metro Statistical Area: El Paso, TX (#21340)
  • Financial Summary
  • Total assets: $1,055.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 1999)

  • Dollar figures in thousands
  • 314Total employees (full-time equivalent)
  • $1,122,842Total assets
  • $87,181Cash and due from depository institutions
  • $0Interest-bearing balances
  • $83,329Securities
  • $80,100Federal funds sold & reverse repurchase agreements
  • $825,282Net loans & leases
  • $12,688Loan loss allowance
  • $0Trading account assets
  • $26,651Bank premises and fixed assets
  • $692Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $19,607All other assets
  • $1,122,842Total liabilities and capital
  • $1,050,253Total liabilities
  • $950,252Total deposits
  • $689,450Interest-bearing deposits
  • $950,252Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $78,542Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $655Other borrowed funds
  • $0Subordinated debt
  • $20,804All other liabilities
  • $72,589Total equity capital
  • $72,589Total bank equity capital
  • $72,589Perpetual preferred stock
  • $0Common stock
  • $10,825Surplus
  • $56,175Undivided profits
  • Memoranda
  • $5,589Noncurrent loans and leases
  • $98,834Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $6,794Earning assets
  • $4,912Long-term assets (5+ years)
  • $6,650Average Assets, year-to-date
  • $988,711Average Assets, quarterly
  • $182,693Volatile liabilities
  • $1,083,472Insider loans
  • $1,081,442FHLB advances
  • $184,178Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,216Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $98,834Total unused commitments
  • $0Restructured Loans and leases
  • $8,688Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $74,463Total interest income
  • $22,785Total interest expense
  • $51,678Net interest income
  • $1,500Provision for loan and lease losses
  • $13,595Total noninterest income
  • $1,089Fiduciary activities
  • $7,396Service charges on deposit accounts
  • $1,047Trading account gains & fees
  • $4,063Additional noninterest income
  • $46,454Total noninterest expense
  • $12,785Salaries and employee benefits
  • $5,186Premises and equipment expense
  • $28,483Additional noninterest expense
  • $17,319Pre-tax net operating income
  • $530Securities gains (losses)
  • $6,567Applicable income taxes
  • $11,282Income before extraordinary items
  • $0Extraordinary gains - net
  • $11,282Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $3,246Sale, conversion, retirement of capital stock, net
  • $10,800Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.65%Yield on earning assets
  • 2.34%Cost of funding earning assets
  • 5.31%Net interest margin
  • 1.40%Noninterest income to earning assets
  • 4.77%Noninterest expense to earning assets
  • 1.01%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.65%Pretax return on assets
  • 15.12%Return on equity (ROE)
  • 0.65%Retained earnings to average equity (YTD only)
  • 0.41%Net charge-offs to loans
  • 46.21%Credit loss provision to net charge-offs
  • 5.80%Efficiency ratio
  • 71,169Assets per employee
  • 3.58%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 95.73%Loss allowance to loans
  • 1.51%Loss allowance to noncurrent loans
  • 186.75%Noncurrent assets plus other real estate owned to assets
  • 0.67%Noncurrent loans to loans
  • 0.81%Net loans and leases to deposits
  • 86.85%Net loans and leases to core deposits
  • 97.64%Equity capital to assets
  • 6.46%Core capital (leverage) ratio
  • 7.00%Tier 1 risk-based capital ratio
  • 10.49%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $1,083,472Average earning assets
  • $74,604Average equity
  • $973,371Average loans

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