Wells Fargo Bank, Ltd. in Los Angeles, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Wells Fargo Bank, Ltd. - Overview

  • General
  • FDIC Certificate #: 25890
    Status: Active
    Federal Reserve ID: 167565
    Bank Holding Company (Regulatory Top Holder): Wells Fargo & Company (RSSDID: 1120754, Location: San Francisco, CA)
    Date Established: Febuary 08, 1985
    WWW: http://www.wellsfargo.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 32133
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: Febuary 08, 1985
    Last Structure Change Effective Date: May 21, 2010
    Last Structure Change Process Date: May 21, 2010
    Last Data Update: May 21, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 707 Wilshire Boulevard, Los Angeles, CA 90017
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Los Angeles (North)
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Los Angeles-Long Beach, CA (#4480)
    Consolidated Metropolitan Statistical Area (CMSA): Los Angeles-Riverside-Orange County, CA (#49)
    Combined Statistical Area (CSA): Los Angeles-Long Beach-Riverside, CA (#348)
    Core Based Statistical Area (CBSA): Los Angeles-Long Beach-Santa Ana, CA (#31100)
    CBSA Metro Statistical Area: Los Angeles-Long Beach-Santa Ana, CA (#31100)
    Core Based Statistical Division: Los Angeles-Long Beach-Glendale, CA (#31084)
  • Financial Summary
  • Total assets: $465.2 mil
    Equity capital: $297.8 mil
    Deposits held in domestic offices: $0.9 mil
    Return on assets (ROA): 13.74% ($63.9 mil)
    Quarterly return on assets: 15.67% ($72.9 mil)
    Return on Equity (ROE): 20.49% ($61.1 mil)
    Quarterly return on equity: 23.86% ($71.1 mil)
    Net income: $54.6 mil
    Quarterly Net income: $17.3 mil
    Pretax return on assets: 22.12% ($102,910.0 mil)
    Quarterly Pretax return on assets: 25.66% ($119,379.3 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
  • 284Total employees (full-time equivalent)
  • $465,235Total assets
  • $251,998Cash and due from depository institutions
  • $225,402Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $3,904Bank premises and fixed assets
  • $0Other real estate owned
  • $181,343Goodwill and other intangibles
  • $465,235Life insurance assets
  • $27,990All other assets
  • $167,441Total liabilities and capital
  • $859Total liabilities
  • $500Total deposits
  • $859Interest-bearing deposits
  • $71Deposits held in domestic offices
  • 25492.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $141,090Subordinated debt
  • $297,794All other liabilities
  • $297,794Total equity capital
  • $297,794Total bank equity capital
  • $0Perpetual preferred stock
  • $5,000Common stock
  • $172,020Surplus
  • $120,774Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $31Long-term assets (5+ years)
  • $225,402Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $397,450Volatile liabilities
  • $440,230Insider loans
  • $82,264FHLB advances
  • $241,249Loans and leases held for sale
  • $156Unused loan commitments
  • $156Tier 1 (core) risk-based capital
  • $116,451Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $415Total interest income
  • $10Total interest expense
  • $405Net interest income
  • $0Provision for loan and lease losses
  • $283,212Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $283,212Additional noninterest income
  • $195,706Total noninterest expense
  • $162,900Salaries and employee benefits
  • $8,310Premises and equipment expense
  • $24,496Additional noninterest expense
  • $87,911Pre-tax net operating income
  • $0Securities gains (losses)
  • $33,284Applicable income taxes
  • $54,627Income before extraordinary items
  • $0Extraordinary gains - net
  • $54,627Net income attributable to bank
  • $0Net charge-offs
  • $54,627Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.24%Yield on earning assets
  • 0.01%Cost of funding earning assets
  • 0.24%Net interest margin
  • 165.46%Noninterest income to earning assets
  • 114.33%Noninterest expense to earning assets
  • 13.74%Net operating income to assets
  • 13.74%Return on assets (ROA)
  • 22.12%Pretax return on assets
  • 20.49%Return on equity (ROE)
  • 20.49%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 69,004Assets per employee
  • 1.64%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
  • 64.01%Core capital (leverage) ratio
  • 48.27%Tier 1 risk-based capital ratio
  • 141.56%Total risk-based capital ratio
  • Memoranda
  • $142Average assets
  • $397,450Average earning assets
  • $266,623Average equity
  • $171,170Average loans

List of branches

  • 1 California Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    032133Wells Fargo Bank, Ltd.707 Wilshire Boulevard, Los Angeles, CA 90017Febuary 08, 1985Full Service Brick and Mortar

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, Ltd..
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