Wells Fargo Bank Northwest, National Association in Ogden, Utah (UT)
| Wells Fargo Bank Northwest, National Association | |
|---|---|
| General | FDIC Certificate #: 13718 Status: Active Federal Reserve ID: 688079 Bank Holding Company (Regulatory Top Holder): Wells Fargo & Company (RSSDID: 1120754, Location: San Francisco, CA) Date Established: January 01, 1881 WWW: http://www.wellsfargo.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Domestic: 1, Foreign: 1, Interstate: No) OTS Docket #: 10539 FDIC's unique #: 8575 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: Yes State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Consumer Lending Specialization Date of Deposit Insurance: January 03, 1934 Last Structure Change Effective Date: March 10, 2010 Data Source Date: Febuary 17, 2011 |
| Location | Address: 3889 Washington Boulevard, Ogden, UT 84401 County: Weber Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: Washington FDIC Field Office: Salt Lake City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT (#7160) Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482) Core Based Statistical Area (CBSA): Ogden-Clearfield, UT (#36260) CBSA Metro Statistical Area: Ogden-Clearfield, UT (#36260) |
| Financial Summary | Total assets: $19,258.0 mil Equity capital: $1,452.0 mil Deposits held in domestic offices: $16,161.0 mil Return on assets (ROA): 1.01.1969% ($194.5 mil) Quarterly return on assets: 1.01.1972% ($194.5 mil) Return on Equity (ROE): 21.87% ($317.6 mil) Quarterly return on equity: 23.02.2011% ($334.3 mil) Net income: $0.2 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.02.1951% ($196,431.6 mil) Quarterly Pretax return on assets: 1.02.1954% ($196,431.6 mil) |
| Assets and Liabilities (December 31, 2010) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 61 |
| Total assets | $16,582,000 |
| Cash and due from depository institutions | $146,000 |
| Interest-bearing balances | $145,000 |
| Securities | $1,287,000 |
| Federal funds sold & reverse repurchase agreements | $2,917,000 |
| Net loans & leases | $11,543,000 |
| Loan loss allowance | $549,000 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $2,000 |
| Goodwill and other intangibles | $0 |
| All other assets | $687,000 |
| Life insurance assets | $420,000 |
| Total liabilities and capital | $16,582,000 |
| Total liabilities | $15,018,000 |
| Total deposits | $13,612,000 |
| Interest-bearing deposits | $3,831,000 |
| Deposits held in domestic offices | $13,473,000 |
| % insured (estimated) | 89.34% |
| Federal funds purchased & repurchase agreements | $895,000 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $511,000 |
| Total equity capital | $1,564,000 |
| Total bank equity capital | $1,564,000 |
| Perpetual preferred stock | $1,564,000 |
| Common stock | $0 |
| Surplus | $64,000 |
| Undivided profits | $1,397,000 |
| Memoranda | |
| Noncurrent loans and leases | $103,000 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $12,296,000 |
| Income earned, not collected on loans | $0 |
| Earning assets | $372,000 |
| Long-term assets (5+ years) | $250,000 |
| Average Assets, year-to-date | $68,000 |
| Average Assets, quarterly | $15,892,000 |
| Volatile liabilities | $1,098,000 |
| Insider loans | $17,190,400 |
| FHLB advances | $17,920,000 |
| Loans and leases held for sale | $1,214,000 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $209,000 |
| Total risk weighted assets | $0 |
| Total unused commitments | $12,296,000 |
| Restructured Loans and leases | $10,000 |
| Derivatives | $145,000 |
| Income and Expense (December 31, 2010) (Dollar figures in thousands) | |
| Total interest income | $958,000 |
| Total interest expense | $18,000 |
| Net interest income | $940,000 |
| Provision for loan and lease losses | $317,000 |
| Total noninterest income | $67,000 |
| Fiduciary activities | $17,000 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $50,000 |
| Total noninterest expense | $160,000 |
| Salaries and employee benefits | $6,000 |
| Premises and equipment expense | $1,000 |
| Additional noninterest expense | $153,000 |
| Pre-tax net operating income | $530,000 |
| Securities gains (losses) | -$2,000 |
| Applicable income taxes | $173,000 |
| Income before extraordinary items | $355,000 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $355,000 |
| Net charge-offs | $0 |
| Cash dividends | $355,000 |
| Sale, conversion, retirement of capital stock, net | $688,000 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2010) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.84% |
| Cost of funding earning assets | 0.11% |
| Net interest margin | 5.73% |
| Noninterest income to earning assets | 0.41% |
| Noninterest expense to earning assets | 0.97% |
| Net operating income to assets | 2.07% |
| Return on assets (ROA) | 2.07% |
| Pretax return on assets | 3.07% |
| Return on equity (ROE) | 25.61% |
| Retained earnings to average equity (YTD only) | 25.61% |
| Net charge-offs to loans | 5.36% |
| Credit loss provision to net charge-offs | 46.08% |
| Efficiency ratio | 1.23% |
| Assets per employee | $15,889 |
| Cash dividends to net income (YTD only) | 271.84% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 4.54% |
| Noncurrent assets plus other real estate owned to assets | 147.58% |
| Noncurrent loans to loans | 2.60% |
| Net loans and leases to deposits | 3.08% |
| Net loans and leases to core deposits | 84.80% |
| Equity capital to assets | 86.84% |
| Core capital (leverage) ratio | 9.43% |
| Tier 1 risk-based capital ratio | 8.57% |
| Total risk-based capital ratio | 14.04% |
| Memoranda | |
| Average assets | $15 |
| Average earning assets | $17,190,400 |
| Average equity | $1,386,000 |
| Average loans | $16,412,000 |
| Total Fiduciary and Related Assets (December 31, 2010) (Dollar figures in thousands) | |
| Total fiduciary and related assets | $1 |
| Number of Fiduciary Accounts and Related Asset Accounts | 1 |
| Fiduciary powers granted | Yes |
| Fiduciary or related activity | Yes |
| Managed Assets | $3,012,000 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $0 |
| Corporate trust and agency accounts | $0 |
| Investment management agency accounts | $0 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $0 |
| Non-managed Assets | $0 |
| Number of Accounts | 7447 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $3,012,000 |
| Corporate trust and agency accounts | $0 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $0 |
| Bank Assets Sold and Securitized (December 31, 2003) (Dollar figures in thousands) | |
| Principal balance with servicing or other recourse retained | |
| 1-4 family residential loans | $0 |
| Home equity lines | $0 |
| Credit cards receivables | $0 |
| Auto loans | $282,672 |
| Other consumer loans | $0 |
| Commercial and industrial loans | $0 |
| 1 Branch as of Febuary 17, 2011 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 646 | 432427 | Nw George Town Branch | Cardinal Avenue, George Town, 0 | April 21, 2001 | Full Service Brick and Mortar |  |
| 1 Utah Branch as of Febuary 17, 2011 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 8575 | Wells Fargo Bank Northwest, National Association | 3889 Washington Boulevard, Ogden, UT 84401 | January 01, 1881 | Full Service Brick and Mortar |  |
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