Norwest Bank Pueblo, National Association in Pueblo, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1995

Norwest Bank Pueblo, National Association in Pueblo, Colorado (CO)
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Norwest Bank Pueblo, National Association - Overview

General
FDIC Certificate #: 16936
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank West, National Association (#3011)
Federal Reserve ID: 206259
Date Established: September 16, 1950
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 #: 11018
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: September 16, 1950
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: 201 West Eighth Street, Pueblo, CO 81002
County: Pueblo
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): Pueblo, CO (#6560)
Core Based Statistical Area (CBSA): Pueblo, CO (#39380)
CBSA Metro Statistical Area: Pueblo, CO (#39380)
Financial Summary
Total assets: $165.6 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)
$33Total assets
$165,561Cash and due from depository institutions
$28,811Interest-bearing balances
$20,590Securities
$21,932Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$110,811Loan loss allowance
$888Trading account assets
$0Bank premises and fixed assets
$1,377Other real estate owned
$0Goodwill and other intangibles
$2,040Life insurance assets
$590All other assets
$0Total liabilities and capital
$165,561Total liabilities
$156,393Total deposits
$115,766Interest-bearing deposits
$97,812Deposits held in domestic offices
115766.00%% insured (estimated)
$91Federal funds purchased & repurchase agreements
$39,600Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,027Total equity capital
$1,027Total bank equity capital
$9,168Perpetual preferred stock
$0Common stock
$1,000Surplus
$7,101Undivided profits
Memoranda
$1,067Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$59Income earned, not collected on loans
$324Earning assets
$153,333Long-term assets (5+ years)
$28,817Average Assets, year-to-date
$162,535Average Assets, quarterly
$165,027Volatile liabilities
$41,756Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$11,827Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$9,378Total risk weighted assets
$135,639Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$9,973Total interest expense
$4,926Net interest income
$5,047Provision for loan and lease losses
-$75Total noninterest income
$910Fiduciary activities
$0Service charges on deposit accounts
$584Trading account gains & fees
$0Additional noninterest income
$326Total noninterest expense
$4,929Salaries and employee benefits
$1,197Premises and equipment expense
$507Additional noninterest expense
$3,225Pre-tax net operating income
$1,103Securities gains (losses)
-$150Applicable income taxes
$327Income before extraordinary items
$626Extraordinary gains - net
$0Net income attributable to bank
$626Net charge-offs
-$75Cash dividends
$739Sale, 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
6.45%Cost of funding earning assets
3.18%Net interest margin
3.26%Noninterest income to earning assets
0.59%Noninterest expense to earning assets
3.19%Net operating income to assets
0.45%Return on assets (ROA)
0.39%Pretax return on assets
0.59%Return on equity (ROE)
6.34%Retained earnings to average equity (YTD only)
-1.14%Net charge-offs to loans
-0.07%Credit loss provision to net charge-offs
100.00%Efficiency ratio
78,580Assets per employee
5.02%Cash dividends to net income (YTD only)
Condition Ratios (%)
118.05%Loss allowance to loans
0.79%Loss allowance to noncurrent loans
1505.08%Noncurrent assets plus other real estate owned to assets
0.04%Noncurrent loans to loans
0.05%Net loans and leases to deposits
95.72%Net loans and leases to core deposits
97.54%Equity capital to assets
5.54%Core capital (leverage) ratio
5.80%Tier 1 risk-based capital ratio
6.91%Total risk-based capital ratio
Memoranda
$8Average assets
$162,535Average earning assets
$9,881Average equity
$154,691Average loans

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