Wells Fargo Bank (Arizona), National Association - Overview
General
FDIC Certificate #: 34029 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Wells Fargo Bank, National Association (#3511) Federal Reserve ID: 2309574 Date Established: June 08, 1995 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 55607 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: June 08, 1995 Last Structure Change Effective Date: Febuary 18, 2000 Last Structure Change Process Date: March 21, 2000 Last Data Update: March 21, 2000 Data Source Date: April 05, 2012
Location
Address: 4832 East Mcdowell Road, Phoenix, AZ 85008 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: $27.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
1,211Total employees (full-time equivalent)
$27,390Total assets
$23,407Cash and due from depository institutions
$0Interest-bearing balances
$33Securities
$0Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$0Loan loss allowance
$0Trading account assets
$3,795Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$155All other assets
$27,390Total liabilities and capital
$23,721Total liabilities
$0Total deposits
$0Interest-bearing deposits
$0Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$23,721All other liabilities
$3,669Total equity capital
$3,669Total bank equity capital
$3,669Perpetual preferred stock
$0Common stock
$200Surplus
$888Undivided profits
Memoranda
$2,581Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$0Average Assets, year-to-date
$33Average Assets, quarterly
$0Volatile liabilities
$2,418,053Insider loans
$35,168FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$253,803Total interest income
$76,311Total interest expense
$177,492Net interest income
$158,495Provision for loan and lease losses
$283,497Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$283,497Additional noninterest income
$251,095Total noninterest expense
$68,310Salaries and employee benefits
$16,676Premises and equipment expense
$166,109Additional noninterest expense
$51,400Pre-tax net operating income
$0Securities gains (losses)
$28,184Applicable income taxes
$23,216Income before extraordinary items
$0Extraordinary gains - net
$23,216Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$145,835Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
12.07%Yield on earning assets
3.63%Cost of funding earning assets
8.44%Net interest margin
13.48%Noninterest income to earning assets
11.94%Noninterest expense to earning assets
0.96%Net operating income to assets
0.96%Return on assets (ROA)
2.13%Pretax return on assets
4.88%Return on equity (ROE)
4.88%Retained earnings to average equity (YTD only)
6.43%Net charge-offs to loans
108.68%Credit loss provision to net charge-offs
1.44%Efficiency ratio
48,126Assets per employee
0.02%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
0.00%Net loans and leases to core deposits
0.00%Equity capital to assets
13.40%Core capital (leverage) ratio
10.81%Tier 1 risk-based capital ratio
42.51%Total risk-based capital ratio
Memoranda
$43Average assets
$2,418,053Average earning assets
$475,328Average equity
$2,103,590Average loans
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