Wells Fargo HSBC Trade Bank, National Association in San Francisco, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 10, 2010

  • Wells Fargo HSBC Trade Bank, National Association in San Francisco, California (CA)
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Wells Fargo HSBC Trade Bank, National Association - Overview

  • General
  • FDIC Certificate #: 34075
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank, National Association (#3511)
    Federal Reserve ID: 2332808
    Date Established: October 05, 1995
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 56212
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: October 05, 1995
    Last Structure Change Effective Date: May 10, 2010
    Last Structure Change Process Date: May 24, 2010
    Last Data Update: May 24, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 1 Front Street, 21st Floor, San Francisco, CA 94111
    County: San Francisco
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: San Francisco
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): San Francisco, CA (#7360)
    Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84)
    Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488)
    Core Based Statistical Area (CBSA): San Francisco-Oakland-Fremont, CA (#41860)
    CBSA Metro Statistical Area: San Francisco-Oakland-Fremont, CA (#41860)
    Core Based Statistical Division: San Francisco-San Mateo-Redwood City, CA (#41884)
  • Financial Summary
  • Total assets: $1,477.7 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, 2009)

  • Dollar figures in thousands
  • 262Total employees (full-time equivalent)
  • $1,513,443Total assets
  • $8,595Cash and due from depository institutions
  • $0Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,434,593Net loans & leases
  • $17,930Loan loss allowance
  • $10,535Trading account assets
  • $78Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $59,642All other assets
  • $1,513,443Total liabilities and capital
  • $1,248,621Total liabilities
  • $77,106Total deposits
  • $65,000Interest-bearing deposits
  • $77,106Deposits held in domestic offices
  • 1.37%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,615Trading liabilities
  • $1,064,467Other borrowed funds
  • $64,000Subordinated debt
  • $33,433All other liabilities
  • $264,822Total equity capital
  • $264,822Total bank equity capital
  • $264,822Perpetual preferred stock
  • $81Common stock
  • $243Surplus
  • $79,677Undivided profits
  • Memoranda
  • $184,821Noncurrent loans and leases
  • $1,360,190Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,554Earning assets
  • $0Long-term assets (5+ years)
  • $2,483Average Assets, year-to-date
  • $1,434,593Average Assets, quarterly
  • $0Volatile liabilities
  • $1,585,350Insider loans
  • $1,517,256FHLB advances
  • $1,139,082Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $359,924Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,360,190Total unused commitments
  • $0Restructured Loans and leases
  • $84,987Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $46,265Total interest income
  • $2,721Total interest expense
  • $43,544Net interest income
  • $1,309Provision for loan and lease losses
  • $64,862Total noninterest income
  • $0Fiduciary activities
  • $12,286Service charges on deposit accounts
  • $14,123Trading account gains & fees
  • $38,453Additional noninterest income
  • $55,723Total noninterest expense
  • $33,785Salaries and employee benefits
  • $2,332Premises and equipment expense
  • $19,606Additional noninterest expense
  • $51,374Pre-tax net operating income
  • $0Securities gains (losses)
  • $20,341Applicable income taxes
  • $31,033Income before extraordinary items
  • $0Extraordinary gains - net
  • $31,033Net income attributable to bank
  • $0Net charge-offs
  • $31,033Cash dividends
  • $633Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.04%Yield on earning assets
  • 0.18%Cost of funding earning assets
  • 2.87%Net interest margin
  • 4.27%Noninterest income to earning assets
  • 3.67%Noninterest expense to earning assets
  • 1.96%Net operating income to assets
  • 1.96%Return on assets (ROA)
  • 3.24%Pretax return on assets
  • 12.42%Return on equity (ROE)
  • 12.42%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 206.79%Credit loss provision to net charge-offs
  • 83.23%Efficiency ratio
  • 51,402Assets per employee
  • 5.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.23%Loss allowance to noncurrent loans
  • 393.72%Noncurrent assets plus other real estate owned to assets
  • 0.30%Noncurrent loans to loans
  • 0.31%Net loans and leases to deposits
  • 1860.55%Net loans and leases to core deposits
  • 11850.26%Equity capital to assets
  • 17.50%Core capital (leverage) ratio
  • 17.10%Tier 1 risk-based capital ratio
  • 12.90%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $1,585,350Average earning assets
  • $249,903Average equity
  • $1,519,396Average loans

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