Norwest Bank Fort Wayne, National Association in Fort Wayne, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 01, 1994

  • Norwest Bank Fort Wayne, National Association in Fort Wayne, Indiana (IN)
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Norwest Bank Fort Wayne, National Association - Overview

  • General
  • FDIC Certificate #: 4341
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank Indiana, National Association (#13849)
    Federal Reserve ID: 417448
    Date Established: May 20, 1905
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 24 (Interstate: No)
    FDIC's unique #: 2850
    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: March 01, 1994
    Last Structure Change Process Date: March 14, 1994
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 116 East Berry Street, Fort Wayne, IN 46802
    County: Allen
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Indianapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Fort Wayne, IN (#2760)
    Combined Statistical Area (CSA): Fort Wayne-Huntington-Auburn, IN (#258)
    Core Based Statistical Area (CBSA): Fort Wayne, IN (#23060)
    CBSA Metro Statistical Area: Fort Wayne, IN (#23060)
  • Financial Summary
  • Total assets: $965.4 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)
  • $795Total assets
  • $965,425Cash and due from depository institutions
  • $117,545Interest-bearing balances
  • $0Securities
  • $207,102Federal funds sold & reverse repurchase agreements
  • $98,030Net loans & leases
  • $502,005Loan loss allowance
  • $59,318Trading account assets
  • $0Bank premises and fixed assets
  • $14,191Other real estate owned
  • $4,638Goodwill and other intangibles
  • $21,914Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $965,425Total liabilities
  • $896,121Total deposits
  • $737,736Interest-bearing deposits
  • $610,604Deposits held in domestic offices
  • 737736.00%% insured (estimated)
  • $70Federal funds purchased & repurchase agreements
  • $136,743Trading liabilities
  • $0Other borrowed funds
  • $5,030Subordinated debt
  • $0All other liabilities
  • $16,612Total equity capital
  • $16,612Total bank equity capital
  • $69,304Perpetual preferred stock
  • $0Common stock
  • $5,766Surplus
  • $51,550Undivided profits
  • Memoranda
  • $11,988Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $37,278Income earned, not collected on loans
  • $4,306Earning assets
  • $807,137Long-term assets (5+ years)
  • $249,301Average Assets, year-to-date
  • $990,192Average Assets, quarterly
  • $975,007Volatile liabilities
  • $189,818Insider loans
  • $5,031FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $88,530Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $68,030Total risk weighted assets
  • $612,569Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $60,783Total interest expense
  • $29,595Net interest income
  • $31,188Provision for loan and lease losses
  • $29,742Total noninterest income
  • $15,737Fiduciary activities
  • $6,053Service charges on deposit accounts
  • $4,596Trading account gains & fees
  • $29Additional noninterest income
  • $5,059Total noninterest expense
  • $56,266Salaries and employee benefits
  • $23,603Premises and equipment expense
  • $9,271Additional noninterest expense
  • $23,392Pre-tax net operating income
  • -$39,083Securities gains (losses)
  • $381Applicable income taxes
  • -$13,830Income before extraordinary items
  • -$24,872Extraordinary gains - net
  • -$2,781Net income attributable to bank
  • -$27,653Net charge-offs
  • $20,768Cash dividends
  • $2,450Sale, 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
  • 7.44%Cost of funding earning assets
  • 3.62%Net interest margin
  • 3.82%Noninterest income to earning assets
  • 1.93%Noninterest expense to earning assets
  • 6.89%Net operating income to assets
  • -2.54%Return on assets (ROA)
  • -2.79%Pretax return on assets
  • -4.19%Return on equity (ROE)
  • -40.52%Retained earnings to average equity (YTD only)
  • -44.11%Net charge-offs to loans
  • 3.30%Credit loss provision to net charge-offs
  • 143.21%Efficiency ratio
  • 119,906Assets per employee
  • 1.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -8.86%Loss allowance to loans
  • 10.57%Loss allowance to noncurrent loans
  • 159.12%Noncurrent assets plus other real estate owned to assets
  • 4.34%Noncurrent loans to loans
  • 6.64%Net loans and leases to deposits
  • 68.05%Net loans and leases to core deposits
  • 72.79%Equity capital to assets
  • 7.18%Core capital (leverage) ratio
  • 6.93%Tier 1 risk-based capital ratio
  • 11.11%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $990,192Average earning assets
  • $68,252Average equity
  • $816,847Average loans

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