Wells Fargo Bank Alaska, National Association in city_name, state_name

Wells Fargo Bank Alaska, National Association in Anchorage, Alaska (AK)
Show street view No street view available for this location

Wells Fargo Bank Alaska, National Association - Overview

General
FDIC Certificate #: 16853
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank, National Association (#3511)
Federal Reserve ID: 68569
Date Established: January 01, 1916
WWW: http://www.wellsfargo.com
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 51 (Interstate: No)
OTS Docket #: 10941
FDIC's unique #: 10952
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: November 25, 1949
Last Structure Change Effective Date: November 21, 2003
Last Structure Change Process Date: December 10, 2003
Last Data Update: December 10, 2003
Data Source Date: April 05, 2012
Location
Address: 301 West Northern Lights Boulevard, Anchorage, AK 99503
County: Anchorage
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Seattle
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Anchorage, AK (#380)
Core Based Statistical Area (CBSA): Anchorage, AK (#11260)
CBSA Metro Statistical Area: Anchorage, AK (#11260)
Financial Summary
Total assets: $3,719.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2002)

Dollar figures in thousands
609Total employees (full-time equivalent)
$3,564,360Total assets
$402,457Cash and due from depository institutions
$266,793Interest-bearing balances
$117,807Securities
$1,204,616Federal funds sold & reverse repurchase agreements
$1,284,826Net loans & leases
$35,845Loan loss allowance
$0Trading account assets
$41,212Bank premises and fixed assets
$2,692Other real estate owned
$446,245Goodwill and other intangibles
$0Life insurance assets
$64,505All other assets
$3,564,360Total liabilities and capital
$2,828,565Total liabilities
$2,458,152Total deposits
$1,749,160Interest-bearing deposits
$2,458,152Deposits held in domestic offices
0.00%% insured (estimated)
$349,646Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,000Other borrowed funds
$0Subordinated debt
$19,767All other liabilities
$735,795Total equity capital
$735,795Total bank equity capital
$735,795Perpetual preferred stock
$0Common stock
$80,000Surplus
$649,723Undivided profits
Memoranda
$6,072Noncurrent loans and leases
$477,703Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$19,083Earning assets
$3Long-term assets (5+ years)
$7,595Average Assets, year-to-date
$2,874,042Average Assets, quarterly
$301,075Volatile liabilities
$3,404,773Insider loans
$3,542,869FHLB advances
$703,851Loans and leases held for sale
$0Unused loan commitments
$1,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$477,703Total unused commitments
$0Restructured Loans and leases
$23,014Derivatives
$35,691Total assets and liabilities in foreign offices

Income and Expense (December 31, 2002)

Dollar figures in thousands
$141,455Total interest income
$27,795Total interest expense
$113,660Net interest income
$12,103Provision for loan and lease losses
$33,848Total noninterest income
$3,440Fiduciary activities
$19,781Service charges on deposit accounts
$20Trading account gains & fees
$10,607Additional noninterest income
$101,648Total noninterest expense
$34,487Salaries and employee benefits
$8,050Premises and equipment expense
$59,111Additional noninterest expense
$33,757Pre-tax net operating income
$140Securities gains (losses)
$11,311Applicable income taxes
$22,586Income before extraordinary items
$0Extraordinary gains - net
$22,586Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$12,201Sale, conversion, retirement of capital stock, net
$39,000Net operating income

Performance and Condition Ratios (December 31, 2002)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.24%Yield on earning assets
1.03%Cost of funding earning assets
4.21%Net interest margin
1.25%Noninterest income to earning assets
3.76%Noninterest expense to earning assets
0.66%Net operating income to assets
0.66%Return on assets (ROA)
1.00%Pretax return on assets
3.00%Return on equity (ROE)
-2.18%Retained earnings to average equity (YTD only)
0.86%Net charge-offs to loans
99.20%Credit loss provision to net charge-offs
3.76%Efficiency ratio
67,225Assets per employee
5.85%Cash dividends to net income (YTD only)
Condition Ratios (%)
172.67%Loss allowance to loans
2.71%Loss allowance to noncurrent loans
187.84%Noncurrent assets plus other real estate owned to assets
0.61%Noncurrent loans to loans
1.44%Net loans and leases to deposits
52.27%Net loans and leases to core deposits
61.07%Equity capital to assets
20.64%Core capital (leverage) ratio
9.03%Tier 1 risk-based capital ratio
15.57%Total risk-based capital ratio
Memoranda
$17Average assets
$3,404,773Average earning assets
$753,500Average equity
$2,701,344Average loans

Total Fiduciary and Related Assets (December 31, 2002)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$949,185Managed Assets
1Number of Accounts
$680,090Personal trust and agency accounts
$88,772Employee benefit-defined contribution accounts
$23,426Employee benefit-defined benefit accounts
$12,446Other retirement accounts
$9,377Corporate trust and agency accounts
$6,506Investment management agency accounts
$510,735Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$28,828Non-managed Assets
595Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$269,095Other retirement accounts
$177,278Corporate trust and agency accounts
$56,321Other fiduciary accounts
$33,850Fiduciary accounts held in foreign offices

Wells Fargo Bank Alaska, National Association in Anchorage, Alaska (AK)
Overview, Financial Summary, Detailed Financial Reports, Branches

Wells Fargo Bank Alaska, National Association - Overview

Assets and Liabilities (December 31, 2002)

Income and Expense (December 31, 2002)

Performance and Condition Ratios (December 31, 2002)

Total Fiduciary and Related Assets (December 31, 2002)

Comment about this bank, ask questions, or add new information about it:

Wells Fargo Bank Alaska, National Association in Anchorage, Alaska (AK)Overview, Financial Summary, Detailed Financial Reports, Branches

Wells Fargo Bank Alaska, National Association - Overview

Assets and Liabilities (December 31, 2002)

Income and Expense (December 31, 2002)

Performance and Condition Ratios (December 31, 2002)

Total Fiduciary and Related Assets (December 31, 2002)

Comment about this bank, ask questions, or add new information about it:

Wells Fargo Bank Alaska, National Association in Anchorage, Alaska (AK)
Overview, Financial Summary, Detailed Financial Reports, Branches