Wells Fargo Bank South Dakota, National Association in city_name, state_name

Wells Fargo Bank South Dakota, National Association in Sioux Falls, South Dakota (SD)
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Wells Fargo Bank South Dakota, National Association - Overview

General
FDIC Certificate #: 15277
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank, National Association (#3511)
Federal Reserve ID: 428752
Date Established: January 01, 1890
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: 59 (Interstate: No)
OTS Docket #: 9345
FDIC's unique #: 9622
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: Febuary 20, 2004
Last Structure Change Process Date: March 29, 2004
Last Data Update: March 29, 2004
Data Source Date: April 05, 2012
Location
Address: 101 North Phillips Avenue, Sioux Falls, SD 57117
County: Minnehaha
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sioux Falls
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Sioux Falls, SD (#7760)
Core Based Statistical Area (CBSA): Sioux Falls, SD (#43620)
CBSA Metro Statistical Area: Sioux Falls, SD (#43620)
Financial Summary
Total assets: $8,593.5 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, 2003)

Dollar figures in thousands
1,638Total employees (full-time equivalent)
$8,593,505Total assets
$1,460,509Cash and due from depository institutions
$1,293,435Interest-bearing balances
$733,239Securities
$0Federal funds sold & reverse repurchase agreements
$5,936,637Net loans & leases
$101,603Loan loss allowance
$226Trading account assets
$48,778Bank premises and fixed assets
$436Other real estate owned
$38,334Goodwill and other intangibles
$0Life insurance assets
$375,346All other assets
$8,593,505Total liabilities and capital
$8,062,804Total liabilities
$2,550,976Total deposits
$1,827,690Interest-bearing deposits
$2,550,976Deposits held in domestic offices
0.00%% insured (estimated)
$3,295,209Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,002,480Other borrowed funds
$146,000Subordinated debt
$68,139All other liabilities
$530,701Total equity capital
$530,701Total bank equity capital
$530,701Perpetual preferred stock
$0Common stock
$42,000Surplus
$222,193Undivided profits
Memoranda
$266,508Noncurrent loans and leases
$614,646Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$76,115Earning assets
$50,622Long-term assets (5+ years)
$146,044Average Assets, year-to-date
$7,963,311Average Assets, quarterly
$596,019Volatile liabilities
$8,844,884Insider loans
$8,573,620FHLB advances
$3,384,704Loans and leases held for sale
$251Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,000Tier 2 risk-based capital
$2,483,201Total risk weighted assets
$614,646Total unused commitments
$0Restructured Loans and leases
$213,913Derivatives

Income and Expense (December 31, 2003)

Dollar figures in thousands
$419,012Total interest income
$128,224Total interest expense
$290,788Net interest income
$42,070Provision for loan and lease losses
$74,676Total noninterest income
$10,042Fiduciary activities
$24,269Service charges on deposit accounts
$144Trading account gains & fees
$40,221Additional noninterest income
$179,108Total noninterest expense
$76,229Salaries and employee benefits
$10,717Premises and equipment expense
$92,162Additional noninterest expense
$144,286Pre-tax net operating income
-$761Securities gains (losses)
$50,472Applicable income taxes
$93,053Income before extraordinary items
$0Extraordinary gains - net
$93,053Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$42,070Sale, conversion, retirement of capital stock, net
$136,000Net operating income

Performance and Condition Ratios (December 31, 2003)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.13%Yield on earning assets
1.57%Cost of funding earning assets
3.56%Net interest margin
0.91%Noninterest income to earning assets
2.19%Noninterest expense to earning assets
1.06%Net operating income to assets
1.05%Return on assets (ROA)
1.62%Pretax return on assets
16.28%Return on equity (ROE)
-7.51%Retained earnings to average equity (YTD only)
0.67%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
4.43%Efficiency ratio
49,008Assets per employee
5.25%Cash dividends to net income (YTD only)
Condition Ratios (%)
146.15%Loss allowance to loans
1.68%Loss allowance to noncurrent loans
133.49%Noncurrent assets plus other real estate owned to assets
0.89%Noncurrent loans to loans
1.26%Net loans and leases to deposits
232.72%Net loans and leases to core deposits
241.18%Equity capital to assets
6.18%Core capital (leverage) ratio
5.63%Tier 1 risk-based capital ratio
8.79%Total risk-based capital ratio
Memoranda
$13Average assets
$8,844,884Average earning assets
$571,749Average equity
$8,168,898Average loans

Total Fiduciary and Related Assets (December 31, 2003)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$2,651,357Managed Assets
1Number of Accounts
$1,723,178Personal trust and agency accounts
$1,165,753Employee benefit-defined contribution accounts
$36,208Employee benefit-defined benefit accounts
$3,536Other retirement accounts
$69,579Corporate trust and agency accounts
$0Investment management agency accounts
$134,164Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$313,938Non-managed Assets
2641Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$928,179Other retirement accounts
$468,733Corporate trust and agency accounts
$346,157Other fiduciary accounts
$36,345Fiduciary 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
$0Auto loans
$359,960Other consumer loans
$0Commercial and industrial loans

Wells Fargo Bank South Dakota, National Association in Sioux Falls, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches

Wells Fargo Bank South Dakota, National Association - Overview

Assets and Liabilities (December 31, 2003)

Income and Expense (December 31, 2003)

Performance and Condition Ratios (December 31, 2003)

Total Fiduciary and Related Assets (December 31, 2003)

Bank Assets Sold and Securitized (December 31, 2003)

Comment about this bank, ask questions, or add new information about it:

Wells Fargo Bank South Dakota, National Association in Sioux Falls, South Dakota (SD)Overview, Financial Summary, Detailed Financial Reports, Branches

Wells Fargo Bank South Dakota, National Association - Overview

Assets and Liabilities (December 31, 2003)

Income and Expense (December 31, 2003)

Performance and Condition Ratios (December 31, 2003)

Total Fiduciary and Related Assets (December 31, 2003)

Bank Assets Sold and Securitized (December 31, 2003)

Comment about this bank, ask questions, or add new information about it:

Wells Fargo Bank South Dakota, National Association in Sioux Falls, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches