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

This bank is inactive as of January 01, 1994

  • Norwest Bank Lakewood, National Association in Lakewood, Colorado (CO)
  • Show street view No street view available for this location

Norwest Bank Lakewood, National Association - Overview

  • General
  • FDIC Certificate #: 18754
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank West, National Association (#3011)
    Federal Reserve ID: 34050
    Date Established: April 15, 1963
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    FDIC's unique #: 12620
    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: April 15, 1963
    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: 333 South Allison Parkway, Lakewood, CO 80226
    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: $215.9 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)
  • $50Total assets
  • $215,937Cash and due from depository institutions
  • $42,679Interest-bearing balances
  • $36,981Securities
  • $111,058Federal funds sold & reverse repurchase agreements
  • $18,330Net loans & leases
  • $39,070Loan loss allowance
  • $1,797Trading account assets
  • $0Bank premises and fixed assets
  • $1,316Other real estate owned
  • $0Goodwill and other intangibles
  • $2,514Life insurance assets
  • $970All other assets
  • $0Total liabilities and capital
  • $215,937Total liabilities
  • $202,954Total deposits
  • $201,141Interest-bearing deposits
  • $169,681Deposits held in domestic offices
  • 201141.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,813Total equity capital
  • $1,813Total bank equity capital
  • $12,983Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $10,225Undivided profits
  • Memoranda
  • $2,258Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $286Income earned, not collected on loans
  • $182Earning assets
  • $205,439Long-term assets (5+ years)
  • $85,819Average Assets, year-to-date
  • $173,770Average Assets, quarterly
  • $212,186Volatile liabilities
  • $6,329Insider loans
  • $22FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $9,425Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $10,547Total risk weighted assets
  • $79,927Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $10,745Total interest expense
  • $4,048Net interest income
  • $6,697Provision for loan and lease losses
  • -$736Total noninterest income
  • $1,652Fiduciary activities
  • $0Service charges on deposit accounts
  • $923Trading account gains & fees
  • $0Additional noninterest income
  • $729Total noninterest expense
  • $6,028Salaries and employee benefits
  • $1,353Premises and equipment expense
  • $719Additional noninterest expense
  • $3,956Pre-tax net operating income
  • $3,057Securities gains (losses)
  • $50Applicable income taxes
  • $1,041Income before extraordinary items
  • $2,066Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,066Net charge-offs
  • -$61Cash 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
  • 6.45%Cost of funding earning assets
  • 2.43%Net interest margin
  • 4.02%Noninterest income to earning assets
  • 0.99%Noninterest expense to earning assets
  • 3.62%Net operating income to assets
  • 1.17%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 1.79%Return on equity (ROE)
  • 21.94%Retained earnings to average equity (YTD only)
  • 21.94%Net charge-offs to loans
  • -0.17%Credit loss provision to net charge-offs
  • 1206.56%Efficiency ratio
  • 70,895Assets per employee
  • 4.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.40%Loss allowance to noncurrent loans
  • 628.32%Noncurrent assets plus other real estate owned to assets
  • 0.13%Noncurrent loans to loans
  • 0.70%Net loans and leases to deposits
  • 19.42%Net loans and leases to core deposits
  • 20.06%Equity capital to assets
  • 6.01%Core capital (leverage) ratio
  • 4.99%Tier 1 risk-based capital ratio
  • 13.20%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $173,770Average earning assets
  • $9,419Average equity
  • $166,705Average 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 Lakewood, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents