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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