Norwest Bank Hudson, National Association in Hudson, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 24, 2000

  • Norwest Bank Hudson, National Association in Hudson, Wisconsin (WI)
  • Show street view No street view available for this location

Norwest Bank Hudson, National Association - Overview

  • General
  • FDIC Certificate #: 19968
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank Wisconsin, National Association (#18694)
    Federal Reserve ID: 517852
    Date Established: June 04, 1969
    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)
    OTS Docket #: 12775
    FDIC's unique #: 13711
    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: June 04, 1969
    Last Structure Change Effective Date: June 24, 2000
    Last Structure Change Process Date: July 28, 2000
    Last Data Update: July 28, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 600 Second Street, Hudson, WI 54016
    County: St. Croix
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Eau Claire
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Minneapolis-St. Paul, MN-WI (#5120)
    Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
    Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
    CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
  • Financial Summary
  • Total assets: $40.0 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
  • 20Total employees (full-time equivalent)
  • $38,215Total assets
  • $3,238Cash and due from depository institutions
  • $98Interest-bearing balances
  • $243Securities
  • $11,300Federal funds sold & reverse repurchase agreements
  • $22,035Net loans & leases
  • $587Loan loss allowance
  • $0Trading account assets
  • $859Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $540All other assets
  • $38,215Total liabilities and capital
  • $34,578Total liabilities
  • $32,866Total deposits
  • $26,571Interest-bearing deposits
  • $32,866Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,155Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $557All other liabilities
  • $3,637Total equity capital
  • $3,637Total bank equity capital
  • $3,637Perpetual preferred stock
  • $0Common stock
  • $50Surplus
  • $2,450Undivided profits
  • Memoranda
  • $1,137Noncurrent loans and leases
  • $1,455Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $512Earning assets
  • $70Long-term assets (5+ years)
  • $171Average Assets, year-to-date
  • $33,676Average Assets, quarterly
  • $4,680Volatile liabilities
  • $39,451Insider loans
  • $38,490FHLB advances
  • $1,778Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,455Total unused commitments
  • $0Restructured Loans and leases
  • $287Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $2,618Total interest income
  • $877Total interest expense
  • $1,741Net interest income
  • -$174Provision for loan and lease losses
  • $413Total noninterest income
  • $0Fiduciary activities
  • $310Service charges on deposit accounts
  • $0Trading account gains & fees
  • $103Additional noninterest income
  • $1,966Total noninterest expense
  • $700Salaries and employee benefits
  • $249Premises and equipment expense
  • $1,017Additional noninterest expense
  • $362Pre-tax net operating income
  • $0Securities gains (losses)
  • $14Applicable income taxes
  • $348Income before extraordinary items
  • $0Extraordinary gains - net
  • $348Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $34Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.38%Yield on earning assets
  • 2.47%Cost of funding earning assets
  • 4.91%Net interest margin
  • 1.16%Noninterest income to earning assets
  • 5.54%Noninterest expense to earning assets
  • 0.88%Net operating income to assets
  • 0.88%Return on assets (ROA)
  • 0.92%Pretax return on assets
  • 9.89%Return on equity (ROE)
  • 9.89%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • -511.76%Credit loss provision to net charge-offs
  • 5.53%Efficiency ratio
  • 91,272Assets per employee
  • 1.91%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.59%Loss allowance to noncurrent loans
  • 114.65%Noncurrent assets plus other real estate owned to assets
  • 1.34%Noncurrent loans to loans
  • 2.26%Net loans and leases to deposits
  • 67.04%Net loans and leases to core deposits
  • 68.34%Equity capital to assets
  • 9.52%Core capital (leverage) ratio
  • 9.59%Tier 1 risk-based capital ratio
  • 16.06%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $39,451Average earning assets
  • $3,520Average equity
  • $35,468Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Norwest Bank Hudson, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents