Wells Fargo Bank Montana, National Association in Billings, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 21, 2003

  • Wells Fargo Bank Montana, National Association in Billings, Montana (MT)
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Wells Fargo Bank Montana, National Association - Overview

  • General
  • FDIC Certificate #: 16309
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank, National Association (#3511)
    Federal Reserve ID: 627555
    Date Established: September 10, 1945
    WWW: http://www.wellsfargo.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 47 (Interstate: No)
    OTS Docket #: 12047
    FDIC's unique #: 10496
    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: September 10, 1945
    Last Structure Change Effective Date: November 21, 2003
    Last Structure Change Process Date: December 11, 2003
    Last Data Update: December 11, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 175 North 27th Street, Billings, MT 59101
    County: Yellowstone
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Billings
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Billings, MT (#880)
    Core Based Statistical Area (CBSA): Billings, MT (#13740)
    CBSA Metro Statistical Area: Billings, MT (#13740)
  • Financial Summary
  • Total assets: $1,619.9 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, 2002)

  • Dollar figures in thousands
  • 475Total employees (full-time equivalent)
  • $1,606,554Total assets
  • $131,492Cash and due from depository institutions
  • $58,117Interest-bearing balances
  • $132,265Securities
  • $428,228Federal funds sold & reverse repurchase agreements
  • $819,179Net loans & leases
  • $10,207Loan loss allowance
  • $0Trading account assets
  • $24,668Bank premises and fixed assets
  • $244Other real estate owned
  • $5,729Goodwill and other intangibles
  • $0Life insurance assets
  • $64,749All other assets
  • $1,606,554Total liabilities and capital
  • $1,501,247Total liabilities
  • $1,314,996Total deposits
  • $992,026Interest-bearing deposits
  • $1,314,996Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $158,593Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,603Other borrowed funds
  • $10,250Subordinated debt
  • $15,805All other liabilities
  • $105,307Total equity capital
  • $105,307Total bank equity capital
  • $105,307Perpetual preferred stock
  • $0Common stock
  • $45,000Surplus
  • $45,473Undivided profits
  • Memoranda
  • $14,834Noncurrent loans and leases
  • $249,646Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $8,872Earning assets
  • $2,325Long-term assets (5+ years)
  • $6,156Average Assets, year-to-date
  • $1,437,789Average Assets, quarterly
  • $426,060Volatile liabilities
  • $1,554,035Insider loans
  • $1,586,872FHLB advances
  • $213,034Loans and leases held for sale
  • $285Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $100,000Total risk weighted assets
  • $249,646Total unused commitments
  • $0Restructured Loans and leases
  • $20,461Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $74,679Total interest income
  • $17,116Total interest expense
  • $57,563Net interest income
  • $4,836Provision for loan and lease losses
  • $34,063Total noninterest income
  • $11,371Fiduciary activities
  • $14,301Service charges on deposit accounts
  • $0Trading account gains & fees
  • $8,391Additional noninterest income
  • $68,490Total noninterest expense
  • $22,196Salaries and employee benefits
  • $5,973Premises and equipment expense
  • $40,321Additional noninterest expense
  • $18,300Pre-tax net operating income
  • $1,817Securities gains (losses)
  • $6,547Applicable income taxes
  • $13,570Income before extraordinary items
  • $0Extraordinary gains - net
  • $13,570Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $4,836Sale, conversion, retirement of capital stock, net
  • $15,000Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.29%Yield on earning assets
  • 1.21%Cost of funding earning assets
  • 4.08%Net interest margin
  • 2.41%Noninterest income to earning assets
  • 4.85%Noninterest expense to earning assets
  • 0.79%Net operating income to assets
  • 0.87%Return on assets (ROA)
  • 1.29%Pretax return on assets
  • 12.33%Return on equity (ROE)
  • -1.30%Retained earnings to average equity (YTD only)
  • 0.57%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 4.78%Efficiency ratio
  • 74,750Assets per employee
  • 3.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 110.54%Loss allowance to loans
  • 1.23%Loss allowance to noncurrent loans
  • 115.05%Noncurrent assets plus other real estate owned to assets
  • 0.57%Noncurrent loans to loans
  • 1.07%Net loans and leases to deposits
  • 62.30%Net loans and leases to core deposits
  • 64.97%Equity capital to assets
  • 6.55%Core capital (leverage) ratio
  • 5.85%Tier 1 risk-based capital ratio
  • 9.14%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $1,554,035Average earning assets
  • $110,042Average equity
  • $1,410,927Average loans

Total Fiduciary and Related Assets (December 31, 2002)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,061,577Managed Assets
  • 1Number of Accounts
  • $877,535Personal trust and agency accounts
  • $579,370Employee benefit-defined contribution accounts
  • $66,755Employee benefit-defined benefit accounts
  • $30,286Other retirement accounts
  • $90,816Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $54,071Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $56,237Non-managed Assets
  • 1942Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $184,042Other retirement accounts
  • $21,971Corporate trust and agency accounts
  • $156,030Other fiduciary accounts
  • $4,691Fiduciary accounts held in foreign offices

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