Norwest Bank Peru in Peru, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 01, 1994

  • Norwest Bank Peru in Peru, Indiana (IN)
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Norwest Bank Peru - Overview

  • General
  • FDIC Certificate #: 13127
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank Indiana, National Association (#13849)
    Federal Reserve ID: 54946
    Date Established: January 23, 1904
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    FDIC's unique #: 8303
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 01, 1994
    Last Structure Change Process Date: March 14, 1994
    Last Data Update: March 14, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 12-14 North Broadway Avenue, Peru, IN 46970
    County: Miami
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Indianapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Combined Statistical Area (CSA): Kokomo-Peru, IN (#316)
    Core Based Statistical Area (CBSA): Peru, IN (#37940)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $83.5 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)
  • $36Total assets
  • $83,530Cash and due from depository institutions
  • $2,795Interest-bearing balances
  • $0Securities
  • $48,297Federal funds sold & reverse repurchase agreements
  • $3,000Net loans & leases
  • $22,889Loan loss allowance
  • $1,696Trading account assets
  • $0Bank premises and fixed assets
  • $1,263Other real estate owned
  • $51Goodwill and other intangibles
  • $1,712Life insurance assets
  • $3,523All other assets
  • $0Total liabilities and capital
  • $83,530Total liabilities
  • $73,474Total deposits
  • $71,436Interest-bearing deposits
  • $66,415Deposits held in domestic offices
  • 71436.00%% insured (estimated)
  • $82Federal funds purchased & repurchase agreements
  • $762Trading liabilities
  • $0Other borrowed funds
  • $1Subordinated debt
  • $0All other liabilities
  • $1,275Total equity capital
  • $1,275Total bank equity capital
  • $10,056Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $10,192Undivided profits
  • Memoranda
  • $-336Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $125Income earned, not collected on loans
  • $201Earning assets
  • $74,186Long-term assets (5+ years)
  • $22,254Average Assets, year-to-date
  • $84,610Average Assets, quarterly
  • $84,435Volatile liabilities
  • $4,158Insider loans
  • $171FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,792Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,274Total risk weighted assets
  • $36,391Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,481Total interest expense
  • $2,411Net interest income
  • $3,070Provision for loan and lease losses
  • $1,064Total noninterest income
  • $527Fiduciary activities
  • $0Service charges on deposit accounts
  • $374Trading account gains & fees
  • $0Additional noninterest income
  • $153Total noninterest expense
  • $3,838Salaries and employee benefits
  • $1,185Premises and equipment expense
  • $611Additional noninterest expense
  • $2,042Pre-tax net operating income
  • -$1,305Securities gains (losses)
  • $61Applicable income taxes
  • -$77Income before extraordinary items
  • -$1,167Extraordinary gains - net
  • -$138Net income attributable to bank
  • -$1,305Net charge-offs
  • $179Cash 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
  • 7.48%Cost of funding earning assets
  • 3.29%Net interest margin
  • 4.19%Noninterest income to earning assets
  • 0.72%Noninterest expense to earning assets
  • 5.24%Net operating income to assets
  • -1.45%Return on assets (ROA)
  • -1.54%Pretax return on assets
  • -1.63%Return on equity (ROE)
  • -12.66%Retained earnings to average equity (YTD only)
  • -12.66%Net charge-offs to loans
  • 0.62%Credit loss provision to net charge-offs
  • 594.41%Efficiency ratio
  • 80,317Assets per employee
  • 2.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 6.90%Loss allowance to noncurrent loans
  • 1356.80%Noncurrent assets plus other real estate owned to assets
  • 0.21%Noncurrent loans to loans
  • 0.51%Net loans and leases to deposits
  • 32.04%Net loans and leases to core deposits
  • 33.64%Equity capital to assets
  • 12.04%Core capital (leverage) ratio
  • 8.25%Tier 1 risk-based capital ratio
  • 17.24%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $84,610Average earning assets
  • $10,305Average equity
  • $73,285Average loans

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