Wells Fargo Bank South Central, National Association in Houston, Texas (TX)



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Wells Fargo Bank South Central, National Association routing number info

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Wells Fargo Bank South Central, National Association
GeneralFDIC Certificate #: 5146
Status: Active
Federal Reserve ID: 2362458
Bank Holding Company (Regulatory Top Holder): Wells Fargo & Company (RSSDID: 1120754, Location: San Francisco, CA)
Date Established: June 18, 1894
WWW: http://www.wellsfargo.com
Trust Powers Granted: No
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)
FDIC's unique #: 3446
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: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Mortgage Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: November 01, 2009
Last Structure Change Process Date: November 10, 2009
Last Data Update: November 10, 2009
Data Source Date: April 05, 2012
LocationAddress: 2005 Taylor Street, Houston, TX 77077
County: Harris
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: San Francisco
FDIC Field Office: Houston
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Houston, TX (#3360)
Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42)
Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420)
CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
History of ChangesParticipated in Absorption/Consolidation/Merger
Financial SummaryTotal assets: $33,727.0 mil
Equity capital: $3,271.0 mil
Deposits held in domestic offices: $26,359.0 mil
Return on assets (ROA): 2.10% ($708.3 mil)
Quarterly return on assets: 2.76% ($930.9 mil)
Return on Equity (ROE): 19.24% ($629.3 mil)
Quarterly return on equity: 26.75% ($875.0 mil)
Net income: $630.0 mil
Quarterly Net income: $217.0 mil
Pretax return on assets: 3.23% ($1,089,382.1 mil)
Quarterly Pretax return on assets: 4.26% ($1,436,770.2 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)
Total employees (full-time equivalent)5
Total assets$33,727,000
Cash and due from depository institutions$23,000
Interest-bearing balances$0
Securities$0
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$33,300,000
Loan loss allowance $757,000
Trading account assets$0
Bank premises and fixed assets$0
Other real estate owned$37,000
Goodwill and other intangibles$21,000
All other assets$346,000
Life insurance assets$33,727,000
Total liabilities and capital$30,456,000
Total liabilities$26,359,000
Total deposits$9,061,000
Interest-bearing deposits$26,359,000
Deposits held in domestic offices$89
% insured (estimated)2168000.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$1,500,000
Other borrowed funds $0
Subordinated debt $429,000
All other liabilities $3,271,000
Total equity capital$3,271,000
Total bank equity capital$3,271,000
Perpetual preferred stock$0
Common stock$2,000
Surplus$3,165,000
Undivided profits $104,000
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $21,101,000
Income earned, not collected on loans $1,135,000
Earning assets $17,000
Long-term assets (5+ years) $75,000
Average Assets, year-to-date $33,300,000
Average Assets, quarterly $21,060,000
Volatile liabilities $30,056,600
Insider loans $31,475,000
FHLB advances $16,160,200
Loans and leases held for sale $35,432,000
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $3,257,000
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $32,000
Derivatives$0
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,408,000
Total interest expense $37,000
Net interest income $1,371,000
Provision for loan and lease losses $249,000
Total noninterest income -$71,000
Fiduciary activities $0
Service charges on deposit accounts $0
Trading account gains & fees $0
Additional noninterest income -$71,000
Total noninterest expense $80,000
Salaries and employee benefits $1,000
Premises and equipment expense $0
Additional noninterest expense $79,000
Pre-tax net operating income $971,000
Securities gains (losses) $0
Applicable income taxes $341,000
Income before extraordinary items $630,000
Extraordinary gains - net $0
Net income attributable to bank $630,000
Net charge-offs $0
Cash dividends $630,000
Sale, conversion, retirement of capital stock, net $393,000
Net operating income $740,000
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.86%
Cost of funding earning assets 0.13%
Net interest margin 4.73%
Noninterest income to earning assets -0.25%
Noninterest expense to earning assets 0.28%
Net operating income to assets 2.10%
Return on assets (ROA) 2.10%
Pretax return on assets 3.23%
Return on equity (ROE) 19.24%
Retained earnings to average equity (YTD only) -3.36%
Net charge-offs to loans 1.33%
Credit loss provision to net charge-offs 63.36%
Efficiency ratio3.10%
Assets per employee$5,846
Cash dividends to net income (YTD only)6745.40%
Condition Ratios (%)
Loss allowance to loans 117.46%
Loss allowance to noncurrent loans 2.22%
Noncurrent assets plus other real estate owned to assets 66.70%
Noncurrent loans to loans 3.47%
Net loans and leases to deposits3.33%
Net loans and leases to core deposits 126.33%
Equity capital to assets 133.30%
Core capital (leverage) ratio 9.70%
Tier 1 risk-based capital ratio 9.19%
Total risk-based capital ratio 20.15%
Memoranda
Average assets$21
Average earning assets$30,056,600
Average equity $3,274,800
Average loans $28,955,600
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1 Texas Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
03446Wells Fargo Bank South Central, National Association2005 Taylor Street, Houston, TX 77077June 18, 1894Full Service Brick and Mortar
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