Wells Fargo Financial National Bank in Las Vegas, Nevada (NV)



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Wells Fargo Financial National Bank routing number info

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Wells Fargo Financial National Bank
GeneralFDIC Certificate #: 27389
Status: Active
Federal Reserve ID: 1225761
Bank Holding Company (Regulatory Top Holder): Wells Fargo & Company (RSSDID: 1120754, Location: San Francisco, CA)
Date Established: December 01, 1988
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 #: 39831
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Credit Card Institutions: Yes
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: Credit-Card Specialization
Date of Deposit Insurance: December 01, 1988
Last Structure Change Effective Date: March 16, 2007
Last Structure Change Process Date: March 16, 2007
Last Data Update: March 16, 2007
Data Source Date: April 05, 2012
LocationAddress: 4455 Spring Mountain Road, Las Vegas, NV 89102
County: Clark
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Phoenix
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Las Vegas, NV-AZ (#4120)
Combined Statistical Area (CSA): Las Vegas-Paradise-Pahrump, NV (#332)
Core Based Statistical Area (CBSA): Las Vegas-Paradise, NV (#29820)
CBSA Metro Statistical Area: Las Vegas-Paradise, NV (#29820)
Financial SummaryTotal assets: $4,193.8 mil
Equity capital: $536.5 mil
Deposits held in domestic offices: $1.9 mil
Return on assets (ROA): 6.27% ($263.0 mil)
Quarterly return on assets: 5.62% ($235.7 mil)
Return on Equity (ROE): 43.26% ($232.3 mil)
Quarterly return on equity: 45.15% ($242.5 mil)
Net income: $239.0 mil
Quarterly Net income: $57.4 mil
Pretax return on assets: 9.70% ($406,800.1 mil)
Quarterly Pretax return on assets: 8.77% ($367,797.6 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)285
Total assets$4,193,815
Cash and due from depository institutions$6,640
Interest-bearing balances$50
Securities$351,294
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$3,789,010
Loan loss allowance $144,186
Trading account assets$0
Bank premises and fixed assets$14
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$46,857
Life insurance assets$4,193,815
Total liabilities and capital$3,657,270
Total liabilities$1,915
Total deposits$0
Interest-bearing deposits$1,915
Deposits held in domestic offices$100
% insured (estimated)3628327.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $27,028
All other liabilities $536,545
Total equity capital$536,545
Total bank equity capital$536,545
Perpetual preferred stock$0
Common stock$850
Surplus$13,430
Undivided profits $522,265
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $42,018
Earning assets $0
Long-term assets (5+ years) $9,184
Average Assets, year-to-date $4,140,354
Average Assets, quarterly $268,110
Volatile liabilities $3,809,541
Insider loans $4,081,880
FHLB advances $3,997,756
Loans and leases held for sale $4,050,723
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $526,069
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $16,192,439
Derivatives$0
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $522,010
Total interest expense $11,874
Net interest income $510,136
Provision for loan and lease losses $30,919
Total noninterest income $5,204
Fiduciary activities $0
Service charges on deposit accounts $0
Trading account gains & fees $0
Additional noninterest income $5,204
Total noninterest expense $114,724
Salaries and employee benefits $24,219
Premises and equipment expense $1,613
Additional noninterest expense $88,892
Pre-tax net operating income $369,697
Securities gains (losses) $0
Applicable income taxes $130,742
Income before extraordinary items $238,955
Extraordinary gains - net $0
Net income attributable to bank $238,955
Net charge-offs $0
Cash dividends $238,955
Sale, conversion, retirement of capital stock, net $115,156
Net operating income $225,000
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets13.95%
Cost of funding earning assets 0.32%
Net interest margin 13.64%
Noninterest income to earning assets 0.14%
Noninterest expense to earning assets 3.07%
Net operating income to assets 6.27%
Return on assets (ROA) 6.27%
Pretax return on assets 9.70%
Return on equity (ROE) 43.26%
Retained earnings to average equity (YTD only) 2.53%
Net charge-offs to loans 3.25%
Credit loss provision to net charge-offs 26.85%
Efficiency ratio3.48%
Assets per employee$22,262
Cash dividends to net income (YTD only)14.72%
Condition Ratios (%)
Loss allowance to loans 94.16%
Loss allowance to noncurrent loans 3.67%
Noncurrent assets plus other real estate owned to assets 343.15%
Noncurrent loans to loans 1.00%
Net loans and leases to deposits1.07%
Net loans and leases to core deposits 197859.53%
Equity capital to assets 197859.53%
Core capital (leverage) ratio 12.79%
Tier 1 risk-based capital ratio 12.99%
Total risk-based capital ratio 13.16%
Memoranda
Average assets$14
Average earning assets$3,809,541
Average equity $552,427
Average loans $3,740,917
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1 Nevada Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
039831Wells Fargo Financial National Bank4455 Spring Mountain Road, Las Vegas, NV 89102December 01, 1988Full Service Brick and Mortar
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