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

This bank is inactive as of January 01, 1995

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

  • General
  • FDIC Certificate #: 3020
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank West, National Association (#3011)
    Federal Reserve ID: 431752
    Date Established: November 09, 1878
    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 #: 1918
    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: 401 South College Avenue, Fort Collins, CO 80522
    County: Larimer
    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): Fort Collins-Loveland, CO (#2670)
    Core Based Statistical Area (CBSA): Fort Collins-Loveland, CO (#22660)
    CBSA Metro Statistical Area: Fort Collins-Loveland, CO (#22660)
  • Financial Summary
  • Total assets: $219.1 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)
  • $71Total assets
  • $219,080Cash and due from depository institutions
  • $11,873Interest-bearing balances
  • $3,480Securities
  • $90,697Federal funds sold & reverse repurchase agreements
  • $11,600Net loans & leases
  • $96,796Loan loss allowance
  • $5,021Trading account assets
  • $0Bank premises and fixed assets
  • $3,707Other real estate owned
  • $0Goodwill and other intangibles
  • $4,031Life insurance assets
  • $376All other assets
  • $0Total liabilities and capital
  • $219,080Total liabilities
  • $210,243Total deposits
  • $207,977Interest-bearing deposits
  • $169,235Deposits held in domestic offices
  • 207977.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $2,266Total equity capital
  • $2,266Total bank equity capital
  • $8,837Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $10,000Undivided profits
  • Memoranda
  • $-3,163Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $202Income earned, not collected on loans
  • $596Earning assets
  • $202,573Long-term assets (5+ years)
  • $87,940Average Assets, year-to-date
  • $225,704Average Assets, quarterly
  • $222,841Volatile liabilities
  • $10,291Insider loans
  • $66FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $26,408Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $12,847Total risk weighted assets
  • $125,192Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $15,952Total interest expense
  • $5,369Net interest income
  • $10,583Provision for loan and lease losses
  • -$1,302Total noninterest income
  • $2,229Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,075Trading account gains & fees
  • $0Additional noninterest income
  • $1,154Total noninterest expense
  • $8,505Salaries and employee benefits
  • $2,321Premises and equipment expense
  • $654Additional noninterest expense
  • $5,530Pre-tax net operating income
  • $5,609Securities gains (losses)
  • -$493Applicable income taxes
  • $1,737Income before extraordinary items
  • $3,379Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,379Net charge-offs
  • -$374Cash dividends
  • $3,500Sale, 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
  • 7.58%Cost of funding earning assets
  • 2.55%Net interest margin
  • 5.03%Noninterest income to earning assets
  • 1.06%Noninterest expense to earning assets
  • 4.04%Net operating income to assets
  • 1.64%Return on assets (ROA)
  • 1.50%Pretax return on assets
  • 2.27%Return on equity (ROE)
  • 27.91%Retained earnings to average equity (YTD only)
  • -1.00%Net charge-offs to loans
  • -0.37%Credit loss provision to net charge-offs
  • 348.13%Efficiency ratio
  • 65,150Assets per employee
  • 3.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 103.58%Loss allowance to loans
  • 4.93%Loss allowance to noncurrent loans
  • 2485.64%Noncurrent assets plus other real estate owned to assets
  • 0.09%Noncurrent loans to loans
  • 0.20%Net loans and leases to deposits
  • 46.54%Net loans and leases to core deposits
  • 48.96%Equity capital to assets
  • 4.03%Core capital (leverage) ratio
  • 5.70%Tier 1 risk-based capital ratio
  • 10.26%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $225,704Average earning assets
  • $12,108Average equity
  • $210,341Average loans

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