Wells Fargo Bank Northwest, National Association in Ogden, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches


Wells Fargo Bank Northwest, National Association - Overview

  • General
  • FDIC Certificate #: 13718
    Status: Active
    Federal Reserve ID: 688079
    Bank Holding Company (Regulatory Top Holder): Wells Fargo & Company (RSSDID: 1120754, Location: San Francisco, CA)
    Date Established: January 01, 1881
    WWW: http://www.wellsfargo.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 10539
    FDIC's unique #: 8575
    Numeric code: 3
    Regulator: OCC
    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: Yes
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Consumer Lending Specialization
    Date of Deposit Insurance: January 03, 1934
    Last Structure Change Effective Date: March 10, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 3889 Washington Boulevard, Ogden, UT 84401
    County: Weber
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Salt Lake City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT (#7160)
    Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482)
    Core Based Statistical Area (CBSA): Ogden-Clearfield, UT (#36260)
    CBSA Metro Statistical Area: Ogden-Clearfield, UT (#36260)
  • Financial Summary
  • Total assets: $15,825.0 mil
    Equity capital: $1,528.0 mil
    Deposits held in domestic offices: $13,028.0 mil
    Return on assets (ROA): 2.36% ($373.5 mil)
    Quarterly return on assets: 1.92% ($303.8 mil)
    Return on Equity (ROE): 25.15% ($384.3 mil)
    Quarterly return on equity: 20.74% ($316.9 mil)
    Net income: $406.0 mil
    Quarterly Net income: $82.0 mil
    Pretax return on assets: 3.40% ($538,050.0 mil)
    Quarterly Pretax return on assets: 2.74% ($433,605.0 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
  • 66Total employees (full-time equivalent)
  • $15,825,000Total assets
  • $6,000Cash and due from depository institutions
  • $2,000Interest-bearing balances
  • $1,289,000Securities
  • $2,797,000Federal funds sold & reverse repurchase agreements
  • $11,077,000Net loans & leases
  • $336,000Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $15,825,000Life insurance assets
  • $656,000All other assets
  • $14,297,000Total liabilities and capital
  • $13,028,000Total liabilities
  • $4,573,000Total deposits
  • $13,028,000Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 1133000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $136,000Subordinated debt
  • $1,528,000All other liabilities
  • $1,528,000Total equity capital
  • $1,528,000Total bank equity capital
  • $0Perpetual preferred stock
  • $64,000Common stock
  • $1,397,000Surplus
  • $67,000Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $739,000Income earned, not collected on loans
  • $668,000Earning assets
  • $59,000Long-term assets (5+ years)
  • $15,165,000Average Assets, year-to-date
  • $1,144,000Average Assets, quarterly
  • $17,220,800Volatile liabilities
  • $17,067,000Insider loans
  • $10,542,900FHLB advances
  • $17,972,000Loans and leases held for sale
  • $437,000Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $1,524,000Tier 2 risk-based capital
  • $437,000Total risk weighted assets
  • $0Total unused commitments
  • $11,548,000Restructured Loans and leases
  • $0Derivatives
  • $75,000Total assets and liabilities in foreign offices

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $895,000Total interest income
  • $12,000Total interest expense
  • $883,000Net interest income
  • $222,000Provision for loan and lease losses
  • $68,000Total noninterest income
  • $18,000Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $50,000Additional noninterest income
  • $143,000Total noninterest expense
  • $6,000Salaries and employee benefits
  • $1,000Premises and equipment expense
  • $136,000Additional noninterest expense
  • $586,000Pre-tax net operating income
  • $0Securities gains (losses)
  • $180,000Applicable income taxes
  • $406,000Income before extraordinary items
  • $0Extraordinary gains - net
  • $406,000Net income attributable to bank
  • $0Net charge-offs
  • $406,000Cash dividends
  • $435,000Sale, conversion, retirement of capital stock, net
  • $465,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.43%Yield on earning assets
  • 0.07%Cost of funding earning assets
  • 5.35%Net interest margin
  • 0.41%Noninterest income to earning assets
  • 0.87%Noninterest expense to earning assets
  • 2.36%Net operating income to assets
  • 2.36%Return on assets (ROA)
  • 3.40%Pretax return on assets
  • 25.15%Return on equity (ROE)
  • -3.66%Retained earnings to average equity (YTD only)
  • 3.73%Net charge-offs to loans
  • 51.03%Credit loss provision to net charge-offs
  • 1.86%Efficiency ratio
  • 15,037Assets per employee
  • 239.77%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 114.53%Loss allowance to loans
  • 2.94%Loss allowance to noncurrent loans
  • 45.47%Noncurrent assets plus other real estate owned to assets
  • 4.67%Noncurrent loans to loans
  • 6.48%Net loans and leases to deposits
  • 85.02%Net loans and leases to core deposits
  • 90.50%Equity capital to assets
  • 9.66%Core capital (leverage) ratio
  • 8.48%Tier 1 risk-based capital ratio
  • 14.46%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $17,220,800Average earning assets
  • $1,614,200Average equity
  • $16,491,600Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $3,265,000Managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 7631Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $3,265,000Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

Bank Assets Sold and Securitized (December 31, 2003)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $01-4 family residential loans
  • $0Home equity lines
  • $0Credit cards receivables
  • $282,672Auto loans
  • $0Other consumer loans
  • $0Commercial and industrial loans

List of branches

  • 1 Utah Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08575Wells Fargo Bank Northwest, National Association3889 Washington Boulevard, Ogden, UT 84401January 01, 1881Full 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 Northwest, National Association.
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