Wells Fargo Bank Nevada, National Association in city_name, state_name

Wells Fargo Bank Nevada, National Association in Las Vegas, Nevada (NV)
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Wells Fargo Bank Nevada, National Association - Overview

General
FDIC Certificate #: 27930
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank, National Association (#3511)
Federal Reserve ID: 655576
Date Established: January 01, 1889
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: 104 (Interstate: No)
OTS Docket #: 563
FDIC's unique #: 40764
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
SAIF Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: December 19, 1939
Last Structure Change Effective Date: Febuary 20, 2004
Last Structure Change Process Date: March 23, 2004
Last Data Update: March 23, 2004
Data Source Date: April 05, 2012
Location
Address: 3800 Howard Hughes Parkway, Las Vegas, NV 89109
County: Clark
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Phoenix
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Las Vegas, NV-AZ (#4120)
Combined Statistical Area (CSA): Las Vegas-Paradise-Pahrump, NV (#332)
Core Based Statistical Area (CBSA): Las Vegas-Paradise, NV (#29820)
CBSA Metro Statistical Area: Las Vegas-Paradise, NV (#29820)
Financial Summary
Total assets: $9,910.3 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
1,453Total employees (full-time equivalent)
$9,910,298Total assets
$652,798Cash and due from depository institutions
$164,037Interest-bearing balances
$113,776Securities
$794,364Federal funds sold & reverse repurchase agreements
$7,774,446Net loans & leases
$320,550Loan loss allowance
$249Trading account assets
$38,007Bank premises and fixed assets
$484Other real estate owned
$226,660Goodwill and other intangibles
$0Life insurance assets
$309,514All other assets
$9,910,298Total liabilities and capital
$8,977,440Total liabilities
$6,341,650Total deposits
$4,650,784Interest-bearing deposits
$6,341,650Deposits held in domestic offices
0.00%% insured (estimated)
$59,840Federal funds purchased & repurchase agreements
$1Trading liabilities
$1,948,000Other borrowed funds
$350,000Subordinated debt
$277,949All other liabilities
$932,858Total equity capital
$932,858Total bank equity capital
$932,858Perpetual preferred stock
$0Common stock
$200Surplus
$828,880Undivided profits
Memoranda
$103,778Noncurrent loans and leases
$17,307,250Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$110,602Earning assets
$1,085Long-term assets (5+ years)
$4,197Average Assets, year-to-date
$8,846,623Average Assets, quarterly
$852,414Volatile liabilities
$9,993,099Insider loans
$10,085,222FHLB advances
$185,759Loans and leases held for sale
$712Unused loan commitments
$0Tier 1 (core) risk-based capital
$18,902Tier 2 risk-based capital
$0Total risk weighted assets
$17,307,250Total unused commitments
$0Restructured Loans and leases
$481,431Derivatives
$15,232Total assets and liabilities in foreign offices

Income and Expense (December 31, 2003)

Dollar figures in thousands
$837,299Total interest income
$76,077Total interest expense
$761,222Net interest income
$321,628Provision for loan and lease losses
$1,004,196Total noninterest income
$3Fiduciary activities
$67,139Service charges on deposit accounts
$308Trading account gains & fees
$936,746Additional noninterest income
$719,439Total noninterest expense
$64,210Salaries and employee benefits
$26,182Premises and equipment expense
$629,047Additional noninterest expense
$724,351Pre-tax net operating income
$225Securities gains (losses)
$253,204Applicable income taxes
$471,372Income before extraordinary items
$0Extraordinary gains - net
$471,372Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$322,173Sale, conversion, retirement of capital stock, net
$641,000Net operating income

Performance and Condition Ratios (December 31, 2003)

Dollar figures in thousands
Performance Ratios (%, annualized)
9.22%Yield on earning assets
0.84%Cost of funding earning assets
8.38%Net interest margin
11.06%Noninterest income to earning assets
7.92%Noninterest expense to earning assets
4.72%Net operating income to assets
4.72%Return on assets (ROA)
7.25%Pretax return on assets
45.54%Return on equity (ROE)
-16.39%Retained earnings to average equity (YTD only)
3.84%Net charge-offs to loans
99.83%Credit loss provision to net charge-offs
3.25%Efficiency ratio
38,825Assets per employee
6.82%Cash dividends to net income (YTD only)
Condition Ratios (%)
135.99%Loss allowance to loans
3.96%Loss allowance to noncurrent loans
289.82%Noncurrent assets plus other real estate owned to assets
1.12%Noncurrent loans to loans
1.37%Net loans and leases to deposits
122.59%Net loans and leases to core deposits
125.08%Equity capital to assets
9.41%Core capital (leverage) ratio
8.35%Tier 1 risk-based capital ratio
7.82%Total risk-based capital ratio
Memoranda
$12Average assets
$9,993,099Average earning assets
$1,035,149Average equity
$9,078,871Average 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
$189,038Managed Assets
1Number of Accounts
$183,115Personal trust and agency accounts
$118,368Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$57,983Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$6,764Non-managed Assets
51Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$5,923Other retirement accounts
$565Corporate trust and agency accounts
$5,358Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

Bank Assets Sold and Securitized (December 31, 2001)

Dollar figures in thousands
Principal balance with servicing or other recourse retained
$01-4 family residential loans
$0Home equity lines
$2,200,000Credit cards receivables
$0Auto loans
$447,000Other consumer loans
$0Commercial and industrial loans

Wells Fargo Bank Nevada, National Association in Las Vegas, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches

Wells Fargo Bank Nevada, 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)

Bank Assets Sold and Securitized (December 31, 2001)

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

Wells Fargo Bank Nevada, National Association in Las Vegas, Nevada (NV)Overview, Financial Summary, Detailed Financial Reports, Branches

Wells Fargo Bank Nevada, 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)

Bank Assets Sold and Securitized (December 31, 2001)

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

Wells Fargo Bank Nevada, National Association in Las Vegas, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches