Wells Fargo Bank West, National Association in Denver, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 21, 2003

  • Wells Fargo Bank West, National Association in Denver, Colorado (CO)
  • Show street view No street view available for this location

Wells Fargo Bank West, National Association - Overview

  • General
  • FDIC Certificate #: 3011
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank, National Association (#3511)
    Federal Reserve ID: 728854
    Date Established: January 01, 1884
    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: 118 (Interstate: No)
    FDIC's unique #: 1910
    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: 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: 1740 Broadway, Denver, CO 80274
    County: Denver
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Denver
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Denver, CO (#2080)
    Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34)
    Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216)
    Core Based Statistical Area (CBSA): Denver-Aurora-Broomfield, CO (#19740)
    CBSA Metro Statistical Area: Denver-Aurora-Broomfield, CO (#19740)
  • Financial Summary
  • Total assets: $14,100.3 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, 2002)

  • Dollar figures in thousands
  • 2,769Total employees (full-time equivalent)
  • $16,979,940Total assets
  • $2,985,842Cash and due from depository institutions
  • $1,738,383Interest-bearing balances
  • $2,384,334Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $10,905,190Net loans & leases
  • $144,051Loan loss allowance
  • $549Trading account assets
  • $124,234Bank premises and fixed assets
  • $5,671Other real estate owned
  • $72,958Goodwill and other intangibles
  • $0Life insurance assets
  • $501,162All other assets
  • $16,979,940Total liabilities and capital
  • $15,763,472Total liabilities
  • $11,353,742Total deposits
  • $7,632,364Interest-bearing deposits
  • $10,949,097Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $3,635,091Federal funds purchased & repurchase agreements
  • $337Trading liabilities
  • $195,689Other borrowed funds
  • $482,000Subordinated debt
  • $96,613All other liabilities
  • $1,216,468Total equity capital
  • $1,216,468Total bank equity capital
  • $1,216,468Perpetual preferred stock
  • $0Common stock
  • $100,000Surplus
  • $562,660Undivided profits
  • Memoranda
  • $553,808Noncurrent loans and leases
  • $4,219,889Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $81,896Earning assets
  • $23,247Long-term assets (5+ years)
  • $65,486Average Assets, year-to-date
  • $15,027,907Average Assets, quarterly
  • $4,599,821Volatile liabilities
  • $17,805,247Insider loans
  • $17,307,891FHLB advances
  • $4,467,325Loans and leases held for sale
  • $1,258Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $23,654Tier 2 risk-based capital
  • $1,018,356Total risk weighted assets
  • $4,219,889Total unused commitments
  • $0Restructured Loans and leases
  • $626,066Derivatives
  • $183Total assets and liabilities in foreign offices

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $978,008Total interest income
  • $188,809Total interest expense
  • $789,199Net interest income
  • $59,221Provision for loan and lease losses
  • $200,379Total noninterest income
  • $23,215Fiduciary activities
  • $105,916Service charges on deposit accounts
  • $890Trading account gains & fees
  • $70,358Additional noninterest income
  • $425,003Total noninterest expense
  • $135,654Salaries and employee benefits
  • $43,229Premises and equipment expense
  • $246,120Additional noninterest expense
  • $505,354Pre-tax net operating income
  • $17,799Securities gains (losses)
  • $179,623Applicable income taxes
  • $343,530Income before extraordinary items
  • $0Extraordinary gains - net
  • $343,530Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $27,743Sale, conversion, retirement of capital stock, net
  • $355,000Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.02%Yield on earning assets
  • 1.16%Cost of funding earning assets
  • 4.86%Net interest margin
  • 1.23%Noninterest income to earning assets
  • 2.62%Noninterest expense to earning assets
  • 1.86%Net operating income to assets
  • 1.93%Return on assets (ROA)
  • 2.94%Pretax return on assets
  • 28.23%Return on equity (ROE)
  • -0.94%Retained earnings to average equity (YTD only)
  • 0.23%Net charge-offs to loans
  • 213.46%Credit loss provision to net charge-offs
  • 20.35%Efficiency ratio
  • 42,458Assets per employee
  • 6.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 103.34%Loss allowance to loans
  • 1.30%Loss allowance to noncurrent loans
  • 175.90%Noncurrent assets plus other real estate owned to assets
  • 0.52%Noncurrent loans to loans
  • 0.74%Net loans and leases to deposits
  • 96.05%Net loans and leases to core deposits
  • 101.83%Equity capital to assets
  • 7.16%Core capital (leverage) ratio
  • 6.19%Tier 1 risk-based capital ratio
  • 8.03%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $17,805,247Average earning assets
  • $1,216,837Average equity
  • $16,236,784Average 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
  • $15,494,264Managed Assets
  • 1Number of Accounts
  • $1,619,106Personal trust and agency accounts
  • $1,056,927Employee benefit-defined contribution accounts
  • $124,969Employee benefit-defined benefit accounts
  • $108,679Other retirement accounts
  • $102,527Corporate trust and agency accounts
  • $2,559Investment management agency accounts
  • $209,352Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $14,093Non-managed Assets
  • 7434Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $13,875,158Other retirement accounts
  • $42,420Corporate trust and agency accounts
  • $4,032,374Other fiduciary accounts
  • $4,022,515Fiduciary accounts held in foreign offices

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 West, 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