Wells Fargo Bank Iowa, National Association
Des Moines, IA — Domestic Branch of a Domestic Bank
Acquired Feb 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Wells Fargo Bank Iowa, National Association | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 140,941 | 3,547 |
Income from Lease Financing Receivables | 461 | 106 |
438 | 67 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 231 | 34 |
Income on Loans and Leases (TE) | 141,633 | 3,571 |
Investment Interest Income (TE) | 74,652 | 957 |
Total Interest Income (TE) | 239,438 | 4,576 |
Total Interest Expense | 49,902 | 1,590 |
Net Interest Income (TE) | 189,536 | 2,981 |
Non-Interest Income | 531,613 | 550 |
Adjusted Operating Income (TE) | 721,149 | 3,547 |
Non-interest Expense | 599,898 | 2,093 |
Provision for Loan & Lease Losses | 6,932 | 264 |
Pretax Operating Income (TE) | 114,319 | 1,527 |
Pretax Net Operating Income (TE) | 114,759 | 1,588 |
Applicable Income Taxes | 37,954 | 469 |
Net Operating Income | 73,064 | 1,130 |
Net Income | 73,064 | 1,129 |
Cash Dividends Declared | 82,000 | 1,257 |
Retained Earnings | — | 686 |