Norwest Bank Arizona, National Association in Phoenix, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 10, 1995

  • Norwest Bank Arizona, National Association in Phoenix, Arizona (AZ)
  • Show street view No street view available for this location

Norwest Bank Arizona, National Association - Overview

  • General
  • FDIC Certificate #: 25286
    Status: Inactive
    Closing history: Consolidated - Without Assistance
    Acquiring institution: Wells Fargo Bank Arizona, National Association (#19501)
    Federal Reserve ID: 49362
    Date Established: June 25, 1984
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 79 (Interstate: No)
    OTS Docket #: 11749
    FDIC's unique #: 17489
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: June 25, 1984
    Last Structure Change Effective Date: November 10, 1995
    Last Structure Change Process Date: December 07, 1995
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 3300 North Central Avenue, Phoenix, AZ 85012
    County: Maricopa
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Phoenix
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Phoenix-Mesa, AZ (#6200)
    Core Based Statistical Area (CBSA): Phoenix-Mesa-Glendale, AZ (#38060)
    CBSA Metro Statistical Area: Phoenix-Mesa-Glendale, AZ (#38060)
  • Financial Summary
  • Total assets: $3,597.2 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)
  • $951Total assets
  • $2,174,044Cash and due from depository institutions
  • $210,287Interest-bearing balances
  • $55Securities
  • $761,899Federal funds sold & reverse repurchase agreements
  • $43,970Net loans & leases
  • $1,071,501Loan loss allowance
  • $25,747Trading account assets
  • $0Bank premises and fixed assets
  • $29,128Other real estate owned
  • $1,318Goodwill and other intangibles
  • $21,517Life insurance assets
  • $34,424All other assets
  • $0Total liabilities and capital
  • $2,174,044Total liabilities
  • $2,051,349Total deposits
  • $1,885,051Interest-bearing deposits
  • $1,363,163Deposits held in domestic offices
  • 1885051.00%% insured (estimated)
  • $76Federal funds purchased & repurchase agreements
  • $63,181Trading liabilities
  • $0Other borrowed funds
  • $113Subordinated debt
  • $20,000All other liabilities
  • $83,004Total equity capital
  • $83,004Total bank equity capital
  • $122,695Perpetual preferred stock
  • $0Common stock
  • $40,000Surplus
  • $135,796Undivided profits
  • Memoranda
  • $-53,101Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,032Income earned, not collected on loans
  • $6,840Earning assets
  • $1,877,425Long-term assets (5+ years)
  • $608,390Average Assets, year-to-date
  • $2,153,676Average Assets, quarterly
  • $2,140,181Volatile liabilities
  • $130,169Insider loans
  • $114FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $483,138Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $115,789Total risk weighted assets
  • $1,447,318Total unused commitments
  • $0Restructured Loans and leases
  • $82Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $131,915Total interest expense
  • $42,817Net interest income
  • $89,098Provision for loan and lease losses
  • $3,825Total noninterest income
  • $20,622Fiduciary activities
  • $1,427Service charges on deposit accounts
  • $11,087Trading account gains & fees
  • $102Additional noninterest income
  • $8,006Total noninterest expense
  • $114,467Salaries and employee benefits
  • $41,914Premises and equipment expense
  • $16,078Additional noninterest expense
  • $56,475Pre-tax net operating income
  • -$8,572Securities gains (losses)
  • $0Applicable income taxes
  • -$2,248Income before extraordinary items
  • -$6,324Extraordinary gains - net
  • $0Net income attributable to bank
  • -$6,324Net charge-offs
  • $5,388Cash dividends
  • $0Sale, 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
  • 6.95%Cost of funding earning assets
  • 2.26%Net interest margin
  • 4.69%Noninterest income to earning assets
  • 1.09%Noninterest expense to earning assets
  • 6.03%Net operating income to assets
  • -0.29%Return on assets (ROA)
  • -0.29%Pretax return on assets
  • -0.40%Return on equity (ROE)
  • -4.63%Retained earnings to average equity (YTD only)
  • -4.63%Net charge-offs to loans
  • 0.50%Credit loss provision to net charge-offs
  • 70.99%Efficiency ratio
  • 101,944Assets per employee
  • 2.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.35%Loss allowance to noncurrent loans
  • 285.06%Noncurrent assets plus other real estate owned to assets
  • 0.48%Noncurrent loans to loans
  • 0.82%Net loans and leases to deposits
  • 56.84%Net loans and leases to core deposits
  • 58.94%Equity capital to assets
  • 5.64%Core capital (leverage) ratio
  • 5.75%Tier 1 risk-based capital ratio
  • 8.00%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $2,153,676Average earning assets
  • $136,453Average equity
  • $1,898,356Average 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 Arizona, National Association.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents