Wells Fargo Financial National Bank in Las Vegas, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Wells Fargo Financial National Bank in Las Vegas, Nevada (NV)
  • Show street view No street view available for this location

Wells Fargo Financial National Bank - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Summary
  • Total 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
  • 285Total employees (full-time equivalent)
  • $4,193,815Total assets
  • $6,640Cash and due from depository institutions
  • $50Interest-bearing balances
  • $351,294Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $3,789,010Net loans & leases
  • $144,186Loan loss allowance
  • $0Trading account assets
  • $14Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $4,193,815Life insurance assets
  • $46,857All other assets
  • $3,657,270Total liabilities and capital
  • $1,915Total liabilities
  • $0Total deposits
  • $1,915Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 3628327.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $27,028Subordinated debt
  • $536,545All other liabilities
  • $536,545Total equity capital
  • $536,545Total bank equity capital
  • $0Perpetual preferred stock
  • $850Common stock
  • $13,430Surplus
  • $522,265Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $42,018Income earned, not collected on loans
  • $0Earning assets
  • $9,184Long-term assets (5+ years)
  • $4,140,354Average Assets, year-to-date
  • $268,110Average Assets, quarterly
  • $3,809,541Volatile liabilities
  • $4,081,880Insider loans
  • $3,997,756FHLB advances
  • $4,050,723Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $526,069Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,192,439Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $522,010Total interest income
  • $11,874Total interest expense
  • $510,136Net interest income
  • $30,919Provision for loan and lease losses
  • $5,204Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,204Additional noninterest income
  • $114,724Total noninterest expense
  • $24,219Salaries and employee benefits
  • $1,613Premises and equipment expense
  • $88,892Additional noninterest expense
  • $369,697Pre-tax net operating income
  • $0Securities gains (losses)
  • $130,742Applicable income taxes
  • $238,955Income before extraordinary items
  • $0Extraordinary gains - net
  • $238,955Net income attributable to bank
  • $0Net charge-offs
  • $238,955Cash dividends
  • $115,156Sale, conversion, retirement of capital stock, net
  • $225,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 13.95%Yield on earning assets
  • 0.32%Cost of funding earning assets
  • 13.64%Net interest margin
  • 0.14%Noninterest income to earning assets
  • 3.07%Noninterest expense to earning assets
  • 6.27%Net operating income to assets
  • 6.27%Return on assets (ROA)
  • 9.70%Pretax return on assets
  • 43.26%Return on equity (ROE)
  • 2.53%Retained earnings to average equity (YTD only)
  • 3.25%Net charge-offs to loans
  • 26.85%Credit loss provision to net charge-offs
  • 3.48%Efficiency ratio
  • 22,262Assets per employee
  • 14.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 94.16%Loss allowance to loans
  • 3.67%Loss allowance to noncurrent loans
  • 343.15%Noncurrent assets plus other real estate owned to assets
  • 1.00%Noncurrent loans to loans
  • 1.07%Net loans and leases to deposits
  • 197859.53%Net loans and leases to core deposits
  • 197859.53%Equity capital to assets
  • 12.79%Core capital (leverage) ratio
  • 12.99%Tier 1 risk-based capital ratio
  • 13.16%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $3,809,541Average earning assets
  • $552,427Average equity
  • $3,740,917Average loans

List of branches

  • 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

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 Financial National Bank.
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