Wells Fargo Bank Grand Junction-Downtown, National Association
Wells Fargo Bank Grand Junction-Downtown, National Association in Grand Junction, Colorado (CO) Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of January 01, 2009
Wells Fargo Bank Grand Junction-Downtown, National Association in Grand Junction, Colorado (CO)
Wells Fargo Bank Grand Junction-Downtown, National Association - Overview
General
FDIC Certificate #: 12863 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Wells Fargo Bank, National Association (#3511) Federal Reserve ID: 2383882 Date Established: January 01, 1903 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 8144 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: January 01, 2009 Last Structure Change Process Date: January 13, 2009 Last Data Update: January 13, 2009 Data Source Date: April 05, 2012
Location
Address: 359 Main Street, Grand Junction, CO 81501 County: Mesa 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): Grand Junction, CO (#2995) Core Based Statistical Area (CBSA): Grand Junction, CO (#24300) CBSA Metro Statistical Area: Grand Junction, CO (#24300)
Financial Summary
Total assets: $3.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 2008)
Dollar figures in thousands
0Total employees (full-time equivalent)
$3,242Total assets
$0Cash and due from depository institutions
$0Interest-bearing balances
$0Securities
$3,182Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$0Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$60All other assets
$3,242Total liabilities and capital
$657Total liabilities
$500Total deposits
$500Interest-bearing deposits
$500Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$157All other liabilities
$2,585Total equity capital
$2,585Total bank equity capital
$2,585Perpetual preferred stock
$0Common stock
$1,000Surplus
$1,000Undivided profits
Memoranda
$585Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$0Average Assets, year-to-date
$3,182Average Assets, quarterly
$0Volatile liabilities
$3,248Insider loans
$3,246FHLB advances
$500Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$65Total interest income
$23Total interest expense
$42Net interest income
$0Provision for loan and lease losses
$0Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$54Total noninterest expense
$0Salaries and employee benefits
$0Premises and equipment expense
$54Additional noninterest expense
-$12Pre-tax net operating income
$0Securities gains (losses)
-$4Applicable income taxes
-$8Income before extraordinary items
$0Extraordinary gains - net
-$8Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.04%Yield on earning assets
0.72%Cost of funding earning assets
1.32%Net interest margin
0.00%Noninterest income to earning assets
1.69%Noninterest expense to earning assets
-0.25%Net operating income to assets
-0.25%Return on assets (ROA)
-0.37%Pretax return on assets
-0.31%Return on equity (ROE)
-0.31%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
128,571Assets per employee
0.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
0.00%Net loans and leases to core deposits
0.00%Equity capital to assets
79.73%Core capital (leverage) ratio
79.59%Tier 1 risk-based capital ratio
406.45%Total risk-based capital ratio
Memoranda
$406Average assets
$3,248Average earning assets
$2,593Average equity
$3,186Average loans
Comment about this bank, ask questions, or add new information about it:
Wells Fargo Bank Grand Junction-Downtown, National Association
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Wells Fargo Bank Grand Junction-Downtown, 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.
Comment about this bank, ask questions, or add new information about it: