Norwest Bank Helena, National Association in Helena, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 10, 1995

Norwest Bank Helena, National Association in Helena, Montana (MT)
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Norwest Bank Helena, National Association - Overview

General
FDIC Certificate #: 1110
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank Montana, National Association (#16309)
Federal Reserve ID: 647553
Date Established: January 17, 1898
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
FDIC's unique #: 753
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: Febuary 10, 1995
Last Structure Change Process Date: Febuary 23, 1995
Last Data Update: Febuary 23, 1995
Data Source Date: April 05, 2012
Location
Address: 350 North Last Chance Gulch, Helena, MT 59601
County: Lewis And Clark
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Billings
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Helena, MT (#25740)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $123.4 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)
$39Total assets
$123,414Cash and due from depository institutions
$6,954Interest-bearing balances
$0Securities
$45,581Federal funds sold & reverse repurchase agreements
$1,269Net loans & leases
$66,399Loan loss allowance
$728Trading account assets
$0Bank premises and fixed assets
$1,906Other real estate owned
$23Goodwill and other intangibles
$1,282Life insurance assets
$0All other assets
$0Total liabilities and capital
$123,414Total liabilities
$117,828Total deposits
$114,461Interest-bearing deposits
$88,486Deposits held in domestic offices
114461.00%% insured (estimated)
$86Federal funds purchased & repurchase agreements
$1,653Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,714Total equity capital
$1,714Total bank equity capital
$5,586Perpetual preferred stock
$0Common stock
$2,600Surplus
$2,950Undivided profits
Memoranda
$36Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$50Income earned, not collected on loans
$512Earning assets
$113,249Long-term assets (5+ years)
$40,059Average Assets, year-to-date
$123,321Average Assets, quarterly
$122,186Volatile liabilities
$6,935Insider loans
$52FHLB advances
$0Loans and leases held for sale
$7,083Unused loan commitments
$10,660Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,913Total risk weighted assets
$71,873Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$8,598Total interest expense
$2,915Net interest income
$5,683Provision for loan and lease losses
$108Total noninterest income
$1,010Fiduciary activities
$0Service charges on deposit accounts
$549Trading account gains & fees
-$13Additional noninterest income
$474Total noninterest expense
$4,344Salaries and employee benefits
$1,350Premises and equipment expense
$366Additional noninterest expense
$2,628Pre-tax net operating income
$2,241Securities gains (losses)
-$23Applicable income taxes
$835Income before extraordinary items
$1,383Extraordinary gains - net
$0Net income attributable to bank
$1,383Net charge-offs
$13Cash dividends
$1,425Sale, 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
7.62%Cost of funding earning assets
2.58%Net interest margin
5.04%Noninterest income to earning assets
0.90%Noninterest expense to earning assets
3.85%Net operating income to assets
1.13%Return on assets (ROA)
1.12%Pretax return on assets
1.80%Return on equity (ROE)
19.82%Retained earnings to average equity (YTD only)
-0.60%Net charge-offs to loans
0.02%Credit loss provision to net charge-offs
830.77%Efficiency ratio
64,904Assets per employee
3.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
103.04%Loss allowance to loans
1.08%Loss allowance to noncurrent loans
1456.00%Noncurrent assets plus other real estate owned to assets
0.06%Noncurrent loans to loans
0.07%Net loans and leases to deposits
58.01%Net loans and leases to core deposits
60.82%Equity capital to assets
4.53%Core capital (leverage) ratio
5.70%Tier 1 risk-based capital ratio
9.62%Total risk-based capital ratio
Memoranda
$11Average assets
$123,321Average earning assets
$6,978Average equity
$112,834Average loans

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