FDIC Certificate #: 27389 Status: Active Federal Reserve ID: 1225761 Bank Holding Company (Regulatory Top Holder): Wells Fargo & Company (RSSDID: 1120754, Location: San Francisco, CA) Date Established: December 01, 1988 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 #: 39831 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Credit Card Institutions: Yes 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: Credit-Card Specialization Date of Deposit Insurance: December 01, 1988 Last Structure Change Effective Date: March 16, 2007 Last Structure Change Process Date: March 16, 2007 Last Data Update: March 16, 2007 Data Source Date: April 05, 2012
Location
Address: 4455 Spring Mountain Road, Las Vegas, NV 89102 County: Clark 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: West Metropolitan Statistical Area (MSA): Las Vegas, NV-AZ (#4120) Combined Statistical Area (CSA): Las Vegas-Paradise-Pahrump, NV (#332) Core Based Statistical Area (CBSA): Las Vegas-Paradise, NV (#29820) CBSA Metro Statistical Area: Las Vegas-Paradise, NV (#29820)
Financial Summary
Total assets: $4,193.8 mil Equity capital: $536.5 mil Deposits held in domestic offices: $1.9 mil Return on assets (ROA): 6.27% ($263.0 mil) Quarterly return on assets: 5.62% ($235.7 mil) Return on Equity (ROE): 43.26% ($232.3 mil) Quarterly return on equity: 45.15% ($242.5 mil) Net income: $239.0 mil Quarterly Net income: $57.4 mil Pretax return on assets: 9.70% ($406,800.1 mil) Quarterly Pretax return on assets: 8.77% ($367,797.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
285Total employees (full-time equivalent)
$4,193,815Total assets
$6,640Cash and due from depository institutions
$50Interest-bearing balances
$351,294Securities
$0Federal funds sold & reverse repurchase agreements
$3,789,010Net loans & leases
$144,186Loan loss allowance
$0Trading account assets
$14Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$4,193,815Life insurance assets
$46,857All other assets
$3,657,270Total liabilities and capital
$1,915Total liabilities
$0Total deposits
$1,915Interest-bearing deposits
$100Deposits held in domestic offices
3628327.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$27,028Subordinated debt
$536,545All other liabilities
$536,545Total equity capital
$536,545Total bank equity capital
$0Perpetual preferred stock
$850Common stock
$13,430Surplus
$522,265Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$42,018Income earned, not collected on loans
$0Earning assets
$9,184Long-term assets (5+ years)
$4,140,354Average Assets, year-to-date
$268,110Average Assets, quarterly
$3,809,541Volatile liabilities
$4,081,880Insider loans
$3,997,756FHLB advances
$4,050,723Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$526,069Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$16,192,439Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$522,010Total interest income
$11,874Total interest expense
$510,136Net interest income
$30,919Provision for loan and lease losses
$5,204Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$5,204Additional noninterest income
$114,724Total noninterest expense
$24,219Salaries and employee benefits
$1,613Premises and equipment expense
$88,892Additional noninterest expense
$369,697Pre-tax net operating income
$0Securities gains (losses)
$130,742Applicable income taxes
$238,955Income before extraordinary items
$0Extraordinary gains - net
$238,955Net income attributable to bank
$0Net charge-offs
$238,955Cash dividends
$115,156Sale, conversion, retirement of capital stock, net
$225,000Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
13.95%Yield on earning assets
0.32%Cost of funding earning assets
13.64%Net interest margin
0.14%Noninterest income to earning assets
3.07%Noninterest expense to earning assets
6.27%Net operating income to assets
6.27%Return on assets (ROA)
9.70%Pretax return on assets
43.26%Return on equity (ROE)
2.53%Retained earnings to average equity (YTD only)
3.25%Net charge-offs to loans
26.85%Credit loss provision to net charge-offs
3.48%Efficiency ratio
22,262Assets per employee
14.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
94.16%Loss allowance to loans
3.67%Loss allowance to noncurrent loans
343.15%Noncurrent assets plus other real estate owned to assets
1.00%Noncurrent loans to loans
1.07%Net loans and leases to deposits
197859.53%Net loans and leases to core deposits
197859.53%Equity capital to assets
12.79%Core capital (leverage) ratio
12.99%Tier 1 risk-based capital ratio
13.16%Total risk-based capital ratio
Memoranda
$14Average assets
$3,809,541Average earning assets
$552,427Average equity
$3,740,917Average loans
List of branches
1 Nevada Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
39831
Wells Fargo Financial National Bank
4455 Spring Mountain Road, Las Vegas, NV 89102
December 01, 1988
Full Service Brick and Mortar
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