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)
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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

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