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
No
ID
Name
Address
Established
Service Type
Map
0
32133
Wells Fargo Bank, Ltd.
707 Wilshire Boulevard, Los Angeles, CA 90017
Febuary 08, 1985
Full Service Brick and Mortar
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