Norwest Bank Kalispell, National Association in Kalispell, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 10, 1995

  • Norwest Bank Kalispell, National Association in Kalispell, Montana (MT)
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Norwest Bank Kalispell, National Association - Overview

  • General
  • FDIC Certificate #: 2190
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank Montana, National Association (#16309)
    Federal Reserve ID: 609252
    Date Established: June 19, 1891
    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 #: 1450
    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: Febuary 10, 1995
    Last Structure Change Process Date: Febuary 23, 1995
    Last Data Update: Febuary 23, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 First Avenue East, Kalispell, MT 59901
    County: Flathead
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Billings
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Kalispell, MT (#28060)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $111.2 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)
  • $35Total assets
  • $111,197Cash and due from depository institutions
  • $6,346Interest-bearing balances
  • $0Securities
  • $27,409Federal funds sold & reverse repurchase agreements
  • $5,139Net loans & leases
  • $70,333Loan loss allowance
  • $732Trading account assets
  • $0Bank premises and fixed assets
  • $864Other real estate owned
  • $0Goodwill and other intangibles
  • $1,106Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $111,197Total liabilities
  • $104,815Total deposits
  • $95,634Interest-bearing deposits
  • $75,931Deposits held in domestic offices
  • 95634.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $6,195Trading liabilities
  • $0Other borrowed funds
  • $58Subordinated debt
  • $1,450All other liabilities
  • $1,478Total equity capital
  • $1,478Total bank equity capital
  • $6,382Perpetual preferred stock
  • $0Common stock
  • $1,350Surplus
  • $1,550Undivided profits
  • Memoranda
  • $3,482Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $23Income earned, not collected on loans
  • $436Earning assets
  • $102,881Long-term assets (5+ years)
  • $28,111Average Assets, year-to-date
  • $112,468Average Assets, quarterly
  • $110,735Volatile liabilities
  • $8,353Insider loans
  • $50FHLB advances
  • $0Loans and leases held for sale
  • $727Unused loan commitments
  • $18,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,164Total risk weighted assets
  • $83,208Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $8,235Total interest expense
  • $2,739Net interest income
  • $5,496Provision for loan and lease losses
  • -$273Total noninterest income
  • $1,050Fiduciary activities
  • $0Service charges on deposit accounts
  • $621Trading account gains & fees
  • $24Additional noninterest income
  • $405Total noninterest expense
  • $3,945Salaries and employee benefits
  • $1,264Premises and equipment expense
  • $313Additional noninterest expense
  • $2,368Pre-tax net operating income
  • $2,874Securities gains (losses)
  • $114Applicable income taxes
  • $1,138Income before extraordinary items
  • $1,850Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,850Net charge-offs
  • $177Cash dividends
  • $1,350Sale, 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
  • 7.95%Cost of funding earning assets
  • 2.65%Net interest margin
  • 5.31%Noninterest income to earning assets
  • 1.01%Noninterest expense to earning assets
  • 3.81%Net operating income to assets
  • 1.58%Return on assets (ROA)
  • 1.64%Pretax return on assets
  • 2.66%Return on equity (ROE)
  • 27.67%Retained earnings to average equity (YTD only)
  • 7.48%Net charge-offs to loans
  • 0.26%Credit loss provision to net charge-offs
  • -154.24%Efficiency ratio
  • 60,266Assets per employee
  • 3.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 72.97%Loss allowance to loans
  • 1.03%Loss allowance to noncurrent loans
  • 3182.61%Noncurrent assets plus other real estate owned to assets
  • 0.02%Noncurrent loans to loans
  • 0.03%Net loans and leases to deposits
  • 73.54%Net loans and leases to core deposits
  • 75.20%Equity capital to assets
  • 5.74%Core capital (leverage) ratio
  • 6.56%Tier 1 risk-based capital ratio
  • 8.61%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $112,468Average earning assets
  • $6,685Average equity
  • $103,549Average loans

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