Wells Fargo Bank New Mexico, National Association in city_name, state_name

Wells Fargo Bank New Mexico, National Association in Albuquerque, New Mexico (NM)
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Wells Fargo Bank New Mexico, National Association - Overview

General
FDIC Certificate #: 2252
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank, National Association (#3511)
Federal Reserve ID: 599951
Date Established: May 03, 1902
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: 111 (Interstate: No)
FDIC's unique #: 1498
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 24, 2004
Last Data Update: March 24, 2004
Data Source Date: April 05, 2012
Location
Address: 200 Lomas Boulevard, Nw, Mac Q2129-122, Albuquerque, NM 87102
County: Bernalillo
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: San Francisco
FDIC Field Office: Albuquerque
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Albuquerque, NM (#200)
Core Based Statistical Area (CBSA): Albuquerque, NM (#10740)
CBSA Metro Statistical Area: Albuquerque, NM (#10740)
Financial Summary
Total assets: $5,429.0 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
1,200Total employees (full-time equivalent)
$5,428,957Total assets
$232,316Cash and due from depository institutions
$33,773Interest-bearing balances
$507,911Securities
$1,261,494Federal funds sold & reverse repurchase agreements
$3,103,992Net loans & leases
$52,206Loan loss allowance
$485Trading account assets
$71,969Bank premises and fixed assets
$2,453Other real estate owned
$136,390Goodwill and other intangibles
$0Life insurance assets
$111,947All other assets
$5,428,957Total liabilities and capital
$4,984,603Total liabilities
$3,922,750Total deposits
$2,679,658Interest-bearing deposits
$3,922,750Deposits held in domestic offices
0.00%% insured (estimated)
$342,049Federal funds purchased & repurchase agreements
$24Trading liabilities
$589,780Other borrowed funds
$75,000Subordinated debt
$55,000All other liabilities
$444,354Total equity capital
$444,354Total bank equity capital
$444,354Perpetual preferred stock
$0Common stock
$60,000Surplus
$325,243Undivided profits
Memoranda
$59,111Noncurrent loans and leases
$346,872Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$20,177Earning assets
$476Long-term assets (5+ years)
$16,077Average Assets, year-to-date
$4,907,170Average Assets, quarterly
$986,156Volatile liabilities
$4,931,484Insider loans
$5,080,916FHLB advances
$1,098,204Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$20,576Tier 2 risk-based capital
$0Total risk weighted assets
$346,872Total unused commitments
$0Restructured Loans and leases
$110,268Derivatives
$177Total assets and liabilities in foreign offices

Income and Expense (December 31, 2003)

Dollar figures in thousands
$205,939Total interest income
$36,078Total interest expense
$169,861Net interest income
$7,116Provision for loan and lease losses
$85,416Total noninterest income
$8,059Fiduciary activities
$47,935Service charges on deposit accounts
-$49Trading account gains & fees
$29,471Additional noninterest income
$203,753Total noninterest expense
$48,961Salaries and employee benefits
$15,453Premises and equipment expense
$139,339Additional noninterest expense
$44,408Pre-tax net operating income
$130Securities gains (losses)
$13,321Applicable income taxes
$31,217Income before extraordinary items
$0Extraordinary gains - net
$31,217Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$7,116Sale, conversion, retirement of capital stock, net
$30,000Net operating income

Performance and Condition Ratios (December 31, 2003)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.71%Yield on earning assets
0.83%Cost of funding earning assets
3.88%Net interest margin
1.95%Noninterest income to earning assets
4.66%Noninterest expense to earning assets
0.63%Net operating income to assets
0.63%Return on assets (ROA)
0.90%Pretax return on assets
6.91%Return on equity (ROE)
0.27%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
7.24%Efficiency ratio
79,588Assets per employee
4.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
96.10%Loss allowance to loans
1.65%Loss allowance to noncurrent loans
258.74%Noncurrent assets plus other real estate owned to assets
0.42%Noncurrent loans to loans
0.64%Net loans and leases to deposits
79.13%Net loans and leases to core deposits
82.65%Equity capital to assets
8.18%Core capital (leverage) ratio
6.13%Tier 1 risk-based capital ratio
10.45%Total risk-based capital ratio
Memoranda
$14Average assets
$4,931,484Average earning assets
$452,031Average equity
$4,372,834Average 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
$811,427Managed Assets
1Number of Accounts
$656,951Personal trust and agency accounts
$342,646Employee benefit-defined contribution accounts
$48,228Employee benefit-defined benefit accounts
$6,150Other retirement accounts
$2,920Corporate trust and agency accounts
$0Investment management agency accounts
$211,994Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$45,013Non-managed Assets
949Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$154,476Other retirement accounts
$54,278Corporate trust and agency accounts
$90,092Other fiduciary accounts
$5,575Fiduciary accounts held in foreign offices

Bank Assets Sold and Securitized (December 31, 2003)

Dollar figures in thousands
Principal balance with servicing or other recourse retained
$01-4 family residential loans
$0Home equity lines
$0Credit cards receivables
$4,477Auto loans
$0Other consumer loans
$0Commercial and industrial loans

Wells Fargo Bank New Mexico, National Association in Albuquerque, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

Wells Fargo Bank New Mexico, 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, 2003)

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

Wells Fargo Bank New Mexico, National Association in Albuquerque, New Mexico (NM)Overview, Financial Summary, Detailed Financial Reports, Branches

Wells Fargo Bank New Mexico, 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, 2003)

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

Wells Fargo Bank New Mexico, National Association in Albuquerque, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches