Wells Fargo Bank of Arizona, National Association in Phoenix, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 01, 1996

  • Wells Fargo Bank of Arizona, National Association in Phoenix, Arizona (AZ)
  • Show street view No street view available for this location

Wells Fargo Bank of Arizona, National Association - Overview

  • General
  • FDIC Certificate #: 2843
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank, National Association (#3511)
    Federal Reserve ID: 529060
    Date Established: January 01, 1877
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 174 (Interstate: No)
    FDIC's unique #: 1861
    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: September 01, 1996
    Last Structure Change Process Date: September 19, 1996
    Last Data Update: September 19, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 Washington Street, Dept. 917, Phoenix, AZ 85003
    County: Maricopa
    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: Western
    Metropolitan Statistical Area (MSA): Phoenix-Mesa, AZ (#6200)
    Core Based Statistical Area (CBSA): Phoenix-Mesa-Glendale, AZ (#38060)
    CBSA Metro Statistical Area: Phoenix-Mesa-Glendale, AZ (#38060)
  • Financial Summary
  • Total assets: $8,975.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $13,448Total assets
  • $8,758,262Cash and due from depository institutions
  • $1,316,212Interest-bearing balances
  • $100Securities
  • $1,741,846Federal funds sold & reverse repurchase agreements
  • $1,178,237Net loans & leases
  • $3,813,365Loan loss allowance
  • $87,554Trading account assets
  • $54,265Bank premises and fixed assets
  • $318,795Other real estate owned
  • $4,185Goodwill and other intangibles
  • $282,761Life insurance assets
  • $48,596All other assets
  • $0Total liabilities and capital
  • $8,758,262Total liabilities
  • $8,233,601Total deposits
  • $7,174,827Interest-bearing deposits
  • $4,599,101Deposits held in domestic offices
  • 7174827.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $876,880Trading liabilities
  • $61,421Other borrowed funds
  • $23,857Subordinated debt
  • $0All other liabilities
  • $96,616Total equity capital
  • $96,616Total bank equity capital
  • $524,661Perpetual preferred stock
  • $0Common stock
  • $18,352Surplus
  • $189,131Undivided profits
  • Memoranda
  • $317,178Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $15,524Income earned, not collected on loans
  • $20,216Earning assets
  • $6,787,813Long-term assets (5+ years)
  • $1,518,174Average Assets, year-to-date
  • $7,896,124Average Assets, quarterly
  • $8,279,345Volatile liabilities
  • $1,084,523Insider loans
  • $37,721FHLB advances
  • $0Loans and leases held for sale
  • $1,283Unused loan commitments
  • $2,961,073Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $478,808Total risk weighted assets
  • $5,125,980Total unused commitments
  • $0Restructured Loans and leases
  • $86,822Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $481,800Total interest expense
  • $159,478Net interest income
  • $322,322Provision for loan and lease losses
  • $0Total noninterest income
  • $138,510Fiduciary activities
  • $23,825Service charges on deposit accounts
  • $70,755Trading account gains & fees
  • $2,537Additional noninterest income
  • $41,393Total noninterest expense
  • $294,539Salaries and employee benefits
  • $148,024Premises and equipment expense
  • $32,354Additional noninterest expense
  • $114,161Pre-tax net operating income
  • $166,293Securities gains (losses)
  • $0Applicable income taxes
  • $62,626Income before extraordinary items
  • $103,667Extraordinary gains - net
  • $0Net income attributable to bank
  • $103,667Net charge-offs
  • -$3,530Cash dividends
  • $56,500Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.35%Cost of funding earning assets
  • 2.43%Net interest margin
  • 4.91%Noninterest income to earning assets
  • 2.11%Noninterest expense to earning assets
  • 4.49%Net operating income to assets
  • 1.31%Return on assets (ROA)
  • 1.31%Pretax return on assets
  • 2.11%Return on equity (ROE)
  • 20.84%Retained earnings to average equity (YTD only)
  • 9.48%Net charge-offs to loans
  • -0.09%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 63,046Assets per employee
  • 0.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.50%Loss allowance to loans
  • 2.24%Loss allowance to noncurrent loans
  • 563.99%Noncurrent assets plus other real estate owned to assets
  • 0.23%Noncurrent loans to loans
  • 0.40%Net loans and leases to deposits
  • 53.15%Net loans and leases to core deposits
  • 54.25%Equity capital to assets
  • 5.99%Core capital (leverage) ratio
  • 5.85%Tier 1 risk-based capital ratio
  • 9.34%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $7,896,124Average earning assets
  • $497,373Average equity
  • $6,558,947Average loans
1
Debra hyde
⚠
I have a common stock bond from First Recreation Corp. Who do I contact to find it’s worth ?

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Wells Fargo Bank of Arizona, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents