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

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