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

This bank is inactive as of June 24, 2000

  • Norwest Bank La Crosse, National Association in La Crosse, Wisconsin (WI)
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Norwest Bank La Crosse, National Association - Overview

  • General
  • FDIC Certificate #: 5351
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank Wisconsin, National Association (#18694)
    Federal Reserve ID: 175551
    Date Established: January 01, 1876
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 3611
    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: 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: 305 Fifth Avenue South, La Crosse, WI 54601
    County: La Crosse
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Madison
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): La Crosse, WI-MN (#3870)
    Core Based Statistical Area (CBSA): La Crosse, WI-MN (#29100)
    CBSA Metro Statistical Area: La Crosse, WI-MN (#29100)
  • Financial Summary
  • Total assets: $299.1 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
  • 65Total employees (full-time equivalent)
  • $305,132Total assets
  • $13,506Cash and due from depository institutions
  • $7,225Interest-bearing balances
  • $135,362Securities
  • $39,700Federal funds sold & reverse repurchase agreements
  • $111,029Net loans & leases
  • $1,166Loan loss allowance
  • $0Trading account assets
  • $3,507Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,028All other assets
  • $305,132Total liabilities and capital
  • $286,114Total liabilities
  • $238,055Total deposits
  • $187,478Interest-bearing deposits
  • $238,055Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $44,446Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $87Other borrowed funds
  • $0Subordinated debt
  • $3,526All other liabilities
  • $19,018Total equity capital
  • $19,018Total bank equity capital
  • $19,018Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $5,465Undivided profits
  • Memoranda
  • $11,553Noncurrent loans and leases
  • $10,104Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $371Earning assets
  • $1Long-term assets (5+ years)
  • $529Average Assets, year-to-date
  • $293,316Average Assets, quarterly
  • $143,393Volatile liabilities
  • $301,179Insider loans
  • $294,653FHLB advances
  • $55,708Loans and leases held for sale
  • $11,060Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $75,000Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $10,104Total unused commitments
  • $0Restructured Loans and leases
  • $1,166Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $19,464Total interest income
  • $9,939Total interest expense
  • $9,525Net interest income
  • $0Provision for loan and lease losses
  • $1,998Total noninterest income
  • $0Fiduciary activities
  • $1,159Service charges on deposit accounts
  • $0Trading account gains & fees
  • $839Additional noninterest income
  • $7,473Total noninterest expense
  • $2,493Salaries and employee benefits
  • $829Premises and equipment expense
  • $4,151Additional noninterest expense
  • $4,050Pre-tax net operating income
  • -$13Securities gains (losses)
  • $1,129Applicable income taxes
  • $2,908Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,908Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $622Sale, conversion, retirement of capital stock, net
  • $2,300Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.91%Yield on earning assets
  • 3.53%Cost of funding earning assets
  • 3.38%Net interest margin
  • 0.71%Noninterest income to earning assets
  • 2.65%Noninterest expense to earning assets
  • 0.97%Net operating income to assets
  • 0.97%Return on assets (ROA)
  • 1.34%Pretax return on assets
  • 14.67%Return on equity (ROE)
  • 3.07%Retained earnings to average equity (YTD only)
  • 0.54%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 6.51%Efficiency ratio
  • 64,853Assets per employee
  • 4.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 79.09%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 314.29%Noncurrent assets plus other real estate owned to assets
  • 0.12%Noncurrent loans to loans
  • 0.33%Net loans and leases to deposits
  • 46.64%Net loans and leases to core deposits
  • 48.94%Equity capital to assets
  • 6.23%Core capital (leverage) ratio
  • 6.64%Tier 1 risk-based capital ratio
  • 13.02%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $301,179Average earning assets
  • $19,827Average equity
  • $281,877Average loans

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