Wells Fargo Bank Iowa, National Association in city_name, state_name

Wells Fargo Bank Iowa, National Association in Des Moines, Iowa (IA)
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Wells Fargo Bank Iowa, National Association - Overview

General
FDIC Certificate #: 4448
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank, National Association (#3511)
Federal Reserve ID: 660842
Date Established: January 01, 1868
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: 75 (Interstate: No)
OTS Docket #: 9193
FDIC's unique #: 2940
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: Febuary 20, 2004
Last Structure Change Process Date: March 30, 2004
Last Data Update: March 30, 2004
Data Source Date: April 05, 2012
Location
Address: 666 Walnut Street, Des Moines, IA 50309
County: Polk
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Des Moines
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Des Moines, IA (#2120)
Combined Statistical Area (CSA): Des Moines-Newton-Pella, IA (#218)
Core Based Statistical Area (CBSA): Des Moines-West Des Moines, IA (#19780)
CBSA Metro Statistical Area: Des Moines-West Des Moines, IA (#19780)
Financial Summary
Total assets: $6,606.8 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, 2003)

Dollar figures in thousands
1,364Total employees (full-time equivalent)
$6,606,799Total assets
$2,404,218Cash and due from depository institutions
$1,402,667Interest-bearing balances
$793,998Securities
$601,963Federal funds sold & reverse repurchase agreements
$2,159,312Net loans & leases
$46,662Loan loss allowance
$0Trading account assets
$55,622Bank premises and fixed assets
$1,874Other real estate owned
$153,618Goodwill and other intangibles
$0Life insurance assets
$436,194All other assets
$6,606,799Total liabilities and capital
$5,960,281Total liabilities
$5,667,604Total deposits
$3,267,567Interest-bearing deposits
$5,667,604Deposits held in domestic offices
0.00%% insured (estimated)
$102,665Federal funds purchased & repurchase agreements
$0Trading liabilities
$6,959Other borrowed funds
$85,500Subordinated debt
$97,553All other liabilities
$646,518Total equity capital
$646,518Total bank equity capital
$646,518Perpetual preferred stock
$0Common stock
$33,700Surplus
$440,683Undivided profits
Memoranda
$172,135Noncurrent loans and leases
$712,314Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$31,337Earning assets
$41Long-term assets (5+ years)
$18,390Average Assets, year-to-date
$4,957,940Average Assets, quarterly
$1,074,544Volatile liabilities
$7,928,982Insider loans
$6,898,069FHLB advances
$201,587Loans and leases held for sale
$6,645Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$712,314Total unused commitments
$0Restructured Loans and leases
$127,540Derivatives

Income and Expense (December 31, 2003)

Dollar figures in thousands
$235,697Total interest income
$49,902Total interest expense
$185,795Net interest income
$6,932Provision for loan and lease losses
$531,613Total noninterest income
$21,959Fiduciary activities
$47,718Service charges on deposit accounts
$0Trading account gains & fees
$461,936Additional noninterest income
$599,898Total noninterest expense
$165,341Salaries and employee benefits
$39,037Premises and equipment expense
$395,520Additional noninterest expense
$110,578Pre-tax net operating income
$440Securities gains (losses)
$37,954Applicable income taxes
$73,064Income before extraordinary items
$0Extraordinary gains - net
$73,064Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$6,932Sale, conversion, retirement of capital stock, net
$82,000Net operating income

Performance and Condition Ratios (December 31, 2003)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.20%Yield on earning assets
0.89%Cost of funding earning assets
3.31%Net interest margin
9.47%Noninterest income to earning assets
10.69%Noninterest expense to earning assets
0.92%Net operating income to assets
0.92%Return on assets (ROA)
1.40%Pretax return on assets
11.07%Return on equity (ROE)
-1.35%Retained earnings to average equity (YTD only)
0.27%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
16.95%Efficiency ratio
83,447Assets per employee
4.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
112.23%Loss allowance to loans
2.12%Loss allowance to noncurrent loans
148.90%Noncurrent assets plus other real estate owned to assets
0.50%Noncurrent loans to loans
1.42%Net loans and leases to deposits
38.10%Net loans and leases to core deposits
38.77%Equity capital to assets
9.79%Core capital (leverage) ratio
7.42%Tier 1 risk-based capital ratio
13.78%Total risk-based capital ratio
Memoranda
$18Average assets
$7,928,982Average earning assets
$659,886Average equity
$5,611,839Average loans

Total Fiduciary and Related Assets (December 31, 2003)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$4,665,379Managed Assets
1Number of Accounts
$1,783,754Personal trust and agency accounts
$953,897Employee benefit-defined contribution accounts
$103,236Employee benefit-defined benefit accounts
$112,296Other retirement accounts
$81,457Corporate trust and agency accounts
$3,682Investment management agency accounts
$87,216Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$441,970Non-managed Assets
3259Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$2,881,625Other retirement accounts
$71,866Corporate trust and agency accounts
$688,001Other fiduciary accounts
$15,528Fiduciary accounts held in foreign offices

Wells Fargo Bank Iowa, National Association in Des Moines, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Wells Fargo Bank Iowa, National Association - Overview

Assets and Liabilities (December 31, 2003)

Income and Expense (December 31, 2003)

Performance and Condition Ratios (December 31, 2003)

Total Fiduciary and Related Assets (December 31, 2003)

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

Wells Fargo Bank Iowa, National Association in Des Moines, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

Wells Fargo Bank Iowa, National Association - Overview

Assets and Liabilities (December 31, 2003)

Income and Expense (December 31, 2003)

Performance and Condition Ratios (December 31, 2003)

Total Fiduciary and Related Assets (December 31, 2003)

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

Wells Fargo Bank Iowa, National Association in Des Moines, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches