Wells Fargo Bank South Central, National Association - Overview
General
FDIC Certificate #: 5146 Status: Active Federal Reserve ID: 2362458 Bank Holding Company (Regulatory Top Holder): Wells Fargo & Company (RSSDID: 1120754, Location: San Francisco, CA) Date Established: June 18, 1894 WWW:http://www.wellsfargo.com Trust Powers Granted: No 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) FDIC's unique #: 3446 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: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: November 01, 2009 Last Structure Change Process Date: November 10, 2009 Last Data Update: November 10, 2009 Data Source Date: April 05, 2012
Location
Address: 2005 Taylor Street, Houston, TX 77077 County: Harris Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: San Francisco FDIC Field Office: Houston Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Houston, TX (#3360) Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42) Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288) Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420) CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $33,727.0 mil Equity capital: $3,271.0 mil Deposits held in domestic offices: $26,359.0 mil Return on assets (ROA): 2.10% ($708.3 mil) Quarterly return on assets: 2.76% ($930.9 mil) Return on Equity (ROE): 19.24% ($629.3 mil) Quarterly return on equity: 26.75% ($875.0 mil) Net income: $630.0 mil Quarterly Net income: $217.0 mil Pretax return on assets: 3.23% ($1,089,382.1 mil) Quarterly Pretax return on assets: 4.26% ($1,436,770.2 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
5Total employees (full-time equivalent)
$33,727,000Total assets
$23,000Cash and due from depository institutions
$0Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$33,300,000Net loans & leases
$757,000Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$37,000Other real estate owned
$21,000Goodwill and other intangibles
$33,727,000Life insurance assets
$346,000All other assets
$30,456,000Total liabilities and capital
$26,359,000Total liabilities
$9,061,000Total deposits
$26,359,000Interest-bearing deposits
$89Deposits held in domestic offices
2168000.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,500,000Trading liabilities
$0Other borrowed funds
$429,000Subordinated debt
$3,271,000All other liabilities
$3,271,000Total equity capital
$3,271,000Total bank equity capital
$0Perpetual preferred stock
$2,000Common stock
$3,165,000Surplus
$104,000Undivided profits
Memoranda
$0Noncurrent loans and leases
$21,101,000Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,135,000Income earned, not collected on loans
$17,000Earning assets
$75,000Long-term assets (5+ years)
$33,300,000Average Assets, year-to-date
$21,060,000Average Assets, quarterly
$30,056,600Volatile liabilities
$31,475,000Insider loans
$16,160,200FHLB advances
$35,432,000Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,257,000Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$32,000Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,408,000Total interest income
$37,000Total interest expense
$1,371,000Net interest income
$249,000Provision for loan and lease losses
-$71,000Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
-$71,000Additional noninterest income
$80,000Total noninterest expense
$1,000Salaries and employee benefits
$0Premises and equipment expense
$79,000Additional noninterest expense
$971,000Pre-tax net operating income
$0Securities gains (losses)
$341,000Applicable income taxes
$630,000Income before extraordinary items
$0Extraordinary gains - net
$630,000Net income attributable to bank
$0Net charge-offs
$630,000Cash dividends
$393,000Sale, conversion, retirement of capital stock, net
$740,000Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.86%Yield on earning assets
0.13%Cost of funding earning assets
4.73%Net interest margin
-0.25%Noninterest income to earning assets
0.28%Noninterest expense to earning assets
2.10%Net operating income to assets
2.10%Return on assets (ROA)
3.23%Pretax return on assets
19.24%Return on equity (ROE)
-3.36%Retained earnings to average equity (YTD only)
1.33%Net charge-offs to loans
63.36%Credit loss provision to net charge-offs
3.10%Efficiency ratio
5,846Assets per employee
6745.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
117.46%Loss allowance to loans
2.22%Loss allowance to noncurrent loans
66.70%Noncurrent assets plus other real estate owned to assets
3.47%Noncurrent loans to loans
3.33%Net loans and leases to deposits
126.33%Net loans and leases to core deposits
133.30%Equity capital to assets
9.70%Core capital (leverage) ratio
9.19%Tier 1 risk-based capital ratio
20.15%Total risk-based capital ratio
Memoranda
$21Average assets
$30,056,600Average earning assets
$3,274,800Average equity
$28,955,600Average loans
List of branches
1 Texas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
3446
Wells Fargo Bank South Central, National Association
2005 Taylor Street, Houston, TX 77077
June 18, 1894
Full Service Brick and Mortar
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Wells Fargo Bank South Central, National Association
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