Wells Fargo Bank North Dakota, National Association in city_name, state_name

Wells Fargo Bank North Dakota, National Association in Fargo, North Dakota (ND)
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Wells Fargo Bank North Dakota, National Association - Overview

General
FDIC Certificate #: 3922
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank, National Association (#3511)
Federal Reserve ID: 928850
Date Established: January 01, 1878
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: 28 (Interstate: No)
OTS Docket #: 9910
FDIC's unique #: 2557
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: January 01, 1934
Last Structure Change Effective Date: Febuary 20, 2004
Last Structure Change Process Date: March 25, 2004
Last Data Update: March 25, 2004
Data Source Date: April 05, 2012
Location
Address: 406 Main Avenue, Fargo, ND 58126
County: Cass
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Fargo
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Fargo-Moorhead, ND-MN (#2520)
Combined Statistical Area (CSA): Fargo-Wahpeton, ND-MN (#244)
Core Based Statistical Area (CBSA): Fargo, ND-MN (#22020)
CBSA Metro Statistical Area: Fargo, ND-MN (#22020)
Financial Summary
Total assets: $1,531.1 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, 2003)

Dollar figures in thousands
373Total employees (full-time equivalent)
$1,531,122Total assets
$95,925Cash and due from depository institutions
$34,193Interest-bearing balances
$164,018Securities
$473,048Federal funds sold & reverse repurchase agreements
$683,101Net loans & leases
$9,663Loan loss allowance
$304Trading account assets
$14,392Bank premises and fixed assets
$150Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$100,184All other assets
$1,531,122Total liabilities and capital
$1,440,609Total liabilities
$1,322,356Total deposits
$1,026,363Interest-bearing deposits
$1,322,356Deposits held in domestic offices
0.00%% insured (estimated)
$86,918Federal funds purchased & repurchase agreements
$55Trading liabilities
$358Other borrowed funds
$19,355Subordinated debt
$11,567All other liabilities
$90,513Total equity capital
$90,513Total bank equity capital
$90,513Perpetual preferred stock
$0Common stock
$16,000Surplus
$47,639Undivided profits
Memoranda
$26,874Noncurrent loans and leases
$302,906Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$11,676Earning assets
$0Long-term assets (5+ years)
$6,605Average Assets, year-to-date
$1,354,360Average Assets, quarterly
$209,743Volatile liabilities
$1,497,549Insider loans
$1,489,866FHLB advances
$158,237Loans and leases held for sale
$207Unused loan commitments
$0Tier 1 (core) risk-based capital
$25,707Tier 2 risk-based capital
$0Total risk weighted assets
$302,906Total unused commitments
$0Restructured Loans and leases
$29,033Derivatives

Income and Expense (December 31, 2003)

Dollar figures in thousands
$53,554Total interest income
$15,751Total interest expense
$37,803Net interest income
$3,241Provision for loan and lease losses
$29,481Total noninterest income
$4,077Fiduciary activities
$9,856Service charges on deposit accounts
$438Trading account gains & fees
$15,110Additional noninterest income
$64,734Total noninterest expense
$17,281Salaries and employee benefits
$5,032Premises and equipment expense
$42,421Additional noninterest expense
-$691Pre-tax net operating income
$454Securities gains (losses)
-$467Applicable income taxes
$230Income before extraordinary items
$0Extraordinary gains - net
$230Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$3,241Sale, conversion, retirement of capital stock, net
$10,000Net operating income

Performance and Condition Ratios (December 31, 2003)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.02%Yield on earning assets
1.18%Cost of funding earning assets
2.84%Net interest margin
2.21%Noninterest income to earning assets
4.86%Noninterest expense to earning assets
-0.00%Net operating income to assets
0.02%Return on assets (ROA)
-0.02%Pretax return on assets
0.24%Return on equity (ROE)
-10.27%Retained earnings to average equity (YTD only)
0.39%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
0.79%Efficiency ratio
96,210Assets per employee
4.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
4347.83%Loss allowance to loans
1.39%Loss allowance to noncurrent loans
82.76%Noncurrent assets plus other real estate owned to assets
0.77%Noncurrent loans to loans
1.69%Net loans and leases to deposits
51.66%Net loans and leases to core deposits
54.59%Equity capital to assets
5.91%Core capital (leverage) ratio
6.01%Tier 1 risk-based capital ratio
8.40%Total risk-based capital ratio
Memoranda
$11Average assets
$1,497,549Average earning assets
$95,115Average equity
$1,331,096Average 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
$592,988Managed Assets
1Number of Accounts
$393,975Personal trust and agency accounts
$244,183Employee benefit-defined contribution accounts
$961Employee benefit-defined benefit accounts
$0Other retirement accounts
$47,021Corporate trust and agency accounts
$105Investment management agency accounts
$56,044Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$45,661Non-managed Assets
1112Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$199,013Other retirement accounts
$42,573Corporate trust and agency accounts
$117,603Other fiduciary accounts
$16,476Fiduciary accounts held in foreign offices

Wells Fargo Bank North Dakota, National Association in Fargo, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

Wells Fargo Bank North Dakota, 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 North Dakota, National Association in Fargo, North Dakota (ND)Overview, Financial Summary, Detailed Financial Reports, Branches

Wells Fargo Bank North Dakota, 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 North Dakota, National Association in Fargo, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches