Wells Fargo Bank Northwest, National Association - Overview
General
FDIC Certificate #: 13718 Status: Active Federal Reserve ID: 688079 Bank Holding Company (Regulatory Top Holder): Wells Fargo & Company (RSSDID: 1120754, Location: San Francisco, CA) Date Established: January 01, 1881 WWW:http://www.wellsfargo.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 10539 FDIC's unique #: 8575 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: Yes State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Consumer Lending Specialization Date of Deposit Insurance: January 03, 1934 Last Structure Change Effective Date: March 10, 2010 Data Source Date: April 05, 2012
Location
Address: 3889 Washington Boulevard, Ogden, UT 84401 County: Weber Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Salt Lake City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT (#7160) Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482) Core Based Statistical Area (CBSA): Ogden-Clearfield, UT (#36260) CBSA Metro Statistical Area: Ogden-Clearfield, UT (#36260)
Financial Summary
Total assets: $15,825.0 mil Equity capital: $1,528.0 mil Deposits held in domestic offices: $13,028.0 mil Return on assets (ROA): 2.36% ($373.5 mil) Quarterly return on assets: 1.92% ($303.8 mil) Return on Equity (ROE): 25.15% ($384.3 mil) Quarterly return on equity: 20.74% ($316.9 mil) Net income: $406.0 mil Quarterly Net income: $82.0 mil Pretax return on assets: 3.40% ($538,050.0 mil) Quarterly Pretax return on assets: 2.74% ($433,605.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
66Total employees (full-time equivalent)
$15,825,000Total assets
$6,000Cash and due from depository institutions
$2,000Interest-bearing balances
$1,289,000Securities
$2,797,000Federal funds sold & reverse repurchase agreements
$11,077,000Net loans & leases
$336,000Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$15,825,000Life insurance assets
$656,000All other assets
$14,297,000Total liabilities and capital
$13,028,000Total liabilities
$4,573,000Total deposits
$13,028,000Interest-bearing deposits
$94Deposits held in domestic offices
1133000.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$136,000Subordinated debt
$1,528,000All other liabilities
$1,528,000Total equity capital
$1,528,000Total bank equity capital
$0Perpetual preferred stock
$64,000Common stock
$1,397,000Surplus
$67,000Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$739,000Income earned, not collected on loans
$668,000Earning assets
$59,000Long-term assets (5+ years)
$15,165,000Average Assets, year-to-date
$1,144,000Average Assets, quarterly
$17,220,800Volatile liabilities
$17,067,000Insider loans
$10,542,900FHLB advances
$17,972,000Loans and leases held for sale
$437,000Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,524,000Tier 2 risk-based capital
$437,000Total risk weighted assets
$0Total unused commitments
$11,548,000Restructured Loans and leases
$0Derivatives
$75,000Total assets and liabilities in foreign offices
Income and Expense (December 31, 2011)
Dollar figures in thousands
$895,000Total interest income
$12,000Total interest expense
$883,000Net interest income
$222,000Provision for loan and lease losses
$68,000Total noninterest income
$18,000Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$50,000Additional noninterest income
$143,000Total noninterest expense
$6,000Salaries and employee benefits
$1,000Premises and equipment expense
$136,000Additional noninterest expense
$586,000Pre-tax net operating income
$0Securities gains (losses)
$180,000Applicable income taxes
$406,000Income before extraordinary items
$0Extraordinary gains - net
$406,000Net income attributable to bank
$0Net charge-offs
$406,000Cash dividends
$435,000Sale, conversion, retirement of capital stock, net
$465,000Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.43%Yield on earning assets
0.07%Cost of funding earning assets
5.35%Net interest margin
0.41%Noninterest income to earning assets
0.87%Noninterest expense to earning assets
2.36%Net operating income to assets
2.36%Return on assets (ROA)
3.40%Pretax return on assets
25.15%Return on equity (ROE)
-3.66%Retained earnings to average equity (YTD only)
3.73%Net charge-offs to loans
51.03%Credit loss provision to net charge-offs
1.86%Efficiency ratio
15,037Assets per employee
239.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
114.53%Loss allowance to loans
2.94%Loss allowance to noncurrent loans
45.47%Noncurrent assets plus other real estate owned to assets
4.67%Noncurrent loans to loans
6.48%Net loans and leases to deposits
85.02%Net loans and leases to core deposits
90.50%Equity capital to assets
9.66%Core capital (leverage) ratio
8.48%Tier 1 risk-based capital ratio
14.46%Total risk-based capital ratio
Memoranda
$16Average assets
$17,220,800Average earning assets
$1,614,200Average equity
$16,491,600Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$3,265,000Managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
7631Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$3,265,000Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary 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
$282,672Auto loans
$0Other consumer loans
$0Commercial and industrial loans
List of branches
1 Utah Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
8575
Wells Fargo Bank Northwest, National Association
3889 Washington Boulevard, Ogden, UT 84401
January 01, 1881
Full Service Brick and Mortar
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