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

This bank is inactive as of January 01, 1995

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

  • General
  • FDIC Certificate #: 3024
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank West, National Association (#3011)
    Federal Reserve ID: 181150
    Date Established: May 06, 1884
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 1921
    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: 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: 1025 9th Avenue, Greeley, CO 80631
    County: Weld
    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): Greeley, CO (#3060)
    Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34)
    Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216)
    Core Based Statistical Area (CBSA): Greeley, CO (#24540)
    CBSA Metro Statistical Area: Greeley, CO (#24540)
  • Financial Summary
  • Total assets: $208.0 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)
  • $71Total assets
  • $207,981Cash and due from depository institutions
  • $6,282Interest-bearing balances
  • $3,770Securities
  • $83,045Federal funds sold & reverse repurchase agreements
  • $30,000Net loans & leases
  • $82,503Loan loss allowance
  • $2,463Trading account assets
  • $0Bank premises and fixed assets
  • $3,143Other real estate owned
  • $0Goodwill and other intangibles
  • $2,820Life insurance assets
  • $188All other assets
  • $0Total liabilities and capital
  • $207,981Total liabilities
  • $199,558Total deposits
  • $197,133Interest-bearing deposits
  • $161,873Deposits held in domestic offices
  • 197133.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $2,425Total equity capital
  • $2,425Total bank equity capital
  • $8,423Perpetual preferred stock
  • $0Common stock
  • $5,270Surplus
  • $5,350Undivided profits
  • Memoranda
  • $-2,197Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $274Income earned, not collected on loans
  • $624Earning assets
  • $199,318Long-term assets (5+ years)
  • $76,006Average Assets, year-to-date
  • $204,749Average Assets, quarterly
  • $206,181Volatile liabilities
  • $16,944Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $17,008Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $11,680Total risk weighted assets
  • $106,446Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $13,712Total interest expense
  • $5,057Net interest income
  • $8,655Provision for loan and lease losses
  • -$1,056Total noninterest income
  • $1,665Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,042Trading account gains & fees
  • $0Additional noninterest income
  • $623Total noninterest expense
  • $8,318Salaries and employee benefits
  • $2,073Premises and equipment expense
  • $869Additional noninterest expense
  • $5,376Pre-tax net operating income
  • $3,058Securities gains (losses)
  • -$266Applicable income taxes
  • $913Income before extraordinary items
  • $1,879Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,879Net charge-offs
  • -$956Cash dividends
  • $1,950Sale, 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
  • 7.15%Cost of funding earning assets
  • 2.64%Net interest margin
  • 4.51%Noninterest income to earning assets
  • 0.87%Noninterest expense to earning assets
  • 4.33%Net operating income to assets
  • 1.00%Return on assets (ROA)
  • 0.92%Pretax return on assets
  • 1.36%Return on equity (ROE)
  • 16.56%Retained earnings to average equity (YTD only)
  • -0.63%Net charge-offs to loans
  • -1.20%Credit loss provision to net charge-offs
  • 110.46%Efficiency ratio
  • 79,777Assets per employee
  • 2.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 103.78%Loss allowance to loans
  • 2.90%Loss allowance to noncurrent loans
  • 898.91%Noncurrent assets plus other real estate owned to assets
  • 0.13%Noncurrent loans to loans
  • 0.32%Net loans and leases to deposits
  • 41.85%Net loans and leases to core deposits
  • 45.79%Equity capital to assets
  • 4.05%Core capital (leverage) ratio
  • 5.71%Tier 1 risk-based capital ratio
  • 10.97%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $204,749Average earning assets
  • $11,346Average equity
  • $191,886Average loans

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