Norwest Bank Southwest Plaza, National Association in Jefferson County, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1994

  • Norwest Bank Southwest Plaza, National Association in Jefferson County, Colorado (CO)
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Norwest Bank Southwest Plaza, National Association - Overview

  • General
  • FDIC Certificate #: 23560
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank West, National Association (#3011)
    Federal Reserve ID: 504656
    Date Established: September 18, 1981
    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 #: 16499
    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 18, 1981
    Last Structure Change Effective Date: January 01, 1994
    Last Structure Change Process Date: January 06, 1994
    Last Data Update: January 06, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 8500 West Bowles Avenue, Jefferson County, CO 80123
    County: Jefferson
    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): Denver, CO (#2080)
    Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34)
    Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216)
    Core Based Statistical Area (CBSA): Denver-Aurora-Broomfield, CO (#19740)
    CBSA Metro Statistical Area: Denver-Aurora-Broomfield, CO (#19740)
  • Financial Summary
  • Total assets: $49.4 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)
  • $20Total assets
  • $49,379Cash and due from depository institutions
  • $5,183Interest-bearing balances
  • $3,440Securities
  • $24,778Federal funds sold & reverse repurchase agreements
  • $3,100Net loans & leases
  • $15,551Loan loss allowance
  • $373Trading account assets
  • $0Bank premises and fixed assets
  • $311Other real estate owned
  • $0Goodwill and other intangibles
  • $456Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $49,379Total liabilities
  • $46,403Total deposits
  • $45,433Interest-bearing deposits
  • $32,986Deposits held in domestic offices
  • 45433.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $970Total equity capital
  • $970Total bank equity capital
  • $2,976Perpetual preferred stock
  • $0Common stock
  • $1,500Surplus
  • $2,394Undivided profits
  • Memoranda
  • $-918Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $67Income earned, not collected on loans
  • $71Earning assets
  • $46,869Long-term assets (5+ years)
  • $17,577Average Assets, year-to-date
  • $43,972Average Assets, quarterly
  • $47,136Volatile liabilities
  • $400Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,201Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,625Total risk weighted assets
  • $21,540Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,818Total interest expense
  • $807Net interest income
  • $2,011Provision for loan and lease losses
  • -$10Total noninterest income
  • $967Fiduciary activities
  • $0Service charges on deposit accounts
  • $677Trading account gains & fees
  • $0Additional noninterest income
  • $290Total noninterest expense
  • $2,355Salaries and employee benefits
  • $601Premises and equipment expense
  • $291Additional noninterest expense
  • $1,463Pre-tax net operating income
  • $633Securities gains (losses)
  • $2Applicable income taxes
  • $207Income before extraordinary items
  • $428Extraordinary gains - net
  • $0Net income attributable to bank
  • $428Net charge-offs
  • $38Cash dividends
  • $0Sale, 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
  • 6.69%Cost of funding earning assets
  • 1.91%Net interest margin
  • 4.77%Noninterest income to earning assets
  • 2.29%Noninterest expense to earning assets
  • 5.59%Net operating income to assets
  • 0.97%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 1.44%Return on equity (ROE)
  • 17.13%Retained earnings to average equity (YTD only)
  • 17.13%Net charge-offs to loans
  • 0.28%Credit loss provision to net charge-offs
  • -26.32%Efficiency ratio
  • 79,080Assets per employee
  • 2.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.34%Loss allowance to noncurrent loans
  • 556.72%Noncurrent assets plus other real estate owned to assets
  • 0.14%Noncurrent loans to loans
  • 0.42%Net loans and leases to deposits
  • 34.23%Net loans and leases to core deposits
  • 34.53%Equity capital to assets
  • 6.03%Core capital (leverage) ratio
  • 5.61%Tier 1 risk-based capital ratio
  • 12.19%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $43,972Average earning assets
  • $2,498Average equity
  • $42,153Average loans

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