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

This bank is inactive as of January 01, 1994

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

  • General
  • FDIC Certificate #: 22722
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank West, National Association (#3011)
    Federal Reserve ID: 691453
    Date Established: October 02, 1978
    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 #: 15861
    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: October 02, 1978
    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: 7878 Wadsworth Boulevard, Arvada, CO 80003
    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: $124.4 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)
  • $40Total assets
  • $124,354Cash and due from depository institutions
  • $26,214Interest-bearing balances
  • $24,920Securities
  • $62,414Federal funds sold & reverse repurchase agreements
  • $10,040Net loans & leases
  • $23,594Loan loss allowance
  • $1,177Trading account assets
  • $0Bank premises and fixed assets
  • $259Other real estate owned
  • $0Goodwill and other intangibles
  • $1,232Life insurance assets
  • $601All other assets
  • $0Total liabilities and capital
  • $124,354Total liabilities
  • $116,812Total deposits
  • $115,855Interest-bearing deposits
  • $93,128Deposits held in domestic offices
  • 115855.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $957Total equity capital
  • $957Total bank equity capital
  • $7,542Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $1,851Undivided profits
  • Memoranda
  • $5,191Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $46Income earned, not collected on loans
  • $111Earning assets
  • $120,968Long-term assets (5+ years)
  • $43,140Average Assets, year-to-date
  • $97,640Average Assets, quarterly
  • $123,409Volatile liabilities
  • $2,637Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $5,336Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,233Total risk weighted assets
  • $41,768Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $6,053Total interest expense
  • $2,187Net interest income
  • $3,866Provision for loan and lease losses
  • -$440Total noninterest income
  • $1,251Fiduciary activities
  • $0Service charges on deposit accounts
  • $818Trading account gains & fees
  • $0Additional noninterest income
  • $433Total noninterest expense
  • $4,111Salaries and employee benefits
  • $957Premises and equipment expense
  • $489Additional noninterest expense
  • $2,665Pre-tax net operating income
  • $1,446Securities gains (losses)
  • $13Applicable income taxes
  • $491Income before extraordinary items
  • $968Extraordinary gains - net
  • $0Net income attributable to bank
  • $968Net charge-offs
  • -$27Cash 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
  • 6.43%Cost of funding earning assets
  • 2.32%Net interest margin
  • 4.11%Noninterest income to earning assets
  • 1.33%Noninterest expense to earning assets
  • 4.37%Net operating income to assets
  • 0.98%Return on assets (ROA)
  • 0.99%Pretax return on assets
  • 1.49%Return on equity (ROE)
  • 17.28%Retained earnings to average equity (YTD only)
  • 17.28%Net charge-offs to loans
  • -0.12%Credit loss provision to net charge-offs
  • 1629.63%Efficiency ratio
  • 79,031Assets per employee
  • 3.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.75%Loss allowance to noncurrent loans
  • 2558.70%Noncurrent assets plus other real estate owned to assets
  • 0.04%Noncurrent loans to loans
  • 0.19%Net loans and leases to deposits
  • 20.37%Net loans and leases to core deposits
  • 20.84%Equity capital to assets
  • 6.06%Core capital (leverage) ratio
  • 5.10%Tier 1 risk-based capital ratio
  • 14.92%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $97,640Average earning assets
  • $5,602Average equity
  • $94,099Average loans

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