Norwest Bank Fort Collins-South, National Association in city_name, state_name

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

General
FDIC Certificate #: 23243
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank West, National Association (#3011)
Federal Reserve ID: 370057
Date Established: October 20, 1980
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 #: 16290
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: October 20, 1980
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: 3500 John F. Kennedy Parkway, 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: $70.4 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)
$30Total assets
$70,412Cash and due from depository institutions
$7,996Interest-bearing balances
$870Securities
$27,957Federal funds sold & reverse repurchase agreements
$5,000Net loans & leases
$28,010Loan loss allowance
$908Trading account assets
$0Bank premises and fixed assets
$571Other real estate owned
$0Goodwill and other intangibles
$878Life insurance assets
$0All other assets
$0Total liabilities and capital
$70,412Total liabilities
$67,778Total deposits
$66,509Interest-bearing deposits
$48,164Deposits held in domestic offices
66509.00%% insured (estimated)
$91Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,269Total equity capital
$1,269Total bank equity capital
$2,634Perpetual preferred stock
$0Common stock
$1,118Surplus
$2,464Undivided profits
Memoranda
$-948Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$45Income earned, not collected on loans
$132Earning assets
$61,837Long-term assets (5+ years)
$25,663Average Assets, year-to-date
$71,165Average Assets, quarterly
$70,312Volatile liabilities
$1,874Insider loans
$37FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$5,207Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,848Total risk weighted assets
$35,936Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$4,639Total interest expense
$1,251Net interest income
$3,388Provision for loan and lease losses
-$144Total noninterest income
$925Fiduciary activities
$0Service charges on deposit accounts
$495Trading account gains & fees
$0Additional noninterest income
$430Total noninterest expense
$3,096Salaries and employee benefits
$833Premises and equipment expense
$284Additional noninterest expense
$1,979Pre-tax net operating income
$1,361Securities gains (losses)
-$202Applicable income taxes
$406Income before extraordinary items
$753Extraordinary gains - net
$0Net income attributable to bank
$753Net charge-offs
-$22Cash dividends
$540Sale, 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
7.00%Cost of funding earning assets
1.89%Net interest margin
5.11%Noninterest income to earning assets
1.40%Noninterest expense to earning assets
4.67%Net operating income to assets
1.24%Return on assets (ROA)
1.06%Pretax return on assets
1.63%Return on equity (ROE)
21.79%Retained earnings to average equity (YTD only)
6.16%Net charge-offs to loans
-0.08%Credit loss provision to net charge-offs
654.55%Efficiency ratio
71,783Assets per employee
2.35%Cash dividends to net income (YTD only)
Condition Ratios (%)
71.71%Loss allowance to loans
3.14%Loss allowance to noncurrent loans
2017.78%Noncurrent assets plus other real estate owned to assets
0.06%Noncurrent loans to loans
0.16%Net loans and leases to deposits
42.11%Net loans and leases to core deposits
43.34%Equity capital to assets
3.74%Core capital (leverage) ratio
5.60%Tier 1 risk-based capital ratio
10.71%Total risk-based capital ratio
Memoranda
$12Average assets
$71,165Average earning assets
$3,456Average equity
$66,258Average loans

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

Norwest Bank Fort Collins-South, National Association - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

Comment about this bank, ask questions, or add new information about it:

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

Norwest Bank Fort Collins-South, National Association - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

Comment about this bank, ask questions, or add new information about it:

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