Wells Fargo Bank Nevada, National Association
Las Vegas, NV — Domestic Branch of a Domestic Bank
Acquired Feb 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Wells Fargo Bank Nevada, National Association | All Insured Commercial Banks in Nevada |
Interest and Fees on Loans | 816,442 | 22,164 |
Income from Lease Financing Receivables | 197 | 320 |
149 | 105 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 78 | 55 |
Income on Loans and Leases (TE) | 816,717 | 22,233 |
Investment Interest Income (TE) | 8,990 | 3,397 |
Total Interest Income (TE) | 837,899 | 17,320 |
Total Interest Expense | 76,077 | 4,612 |
Net Interest Income (TE) | 761,822 | 12,707 |
Non-Interest Income | 1,004,196 | 6,305 |
Adjusted Operating Income (TE) | 1,766,018 | 25,124 |
Non-interest Expense | 719,439 | 15,414 |
Provision for Loan & Lease Losses | 321,628 | 1,382 |
Pretax Operating Income (TE) | 724,951 | 28,276 |
Pretax Net Operating Income (TE) | 725,176 | 28,328 |
Applicable Income Taxes | 253,204 | 11,441 |
Net Operating Income | 471,372 | 18,122 |
Net Income | 471,372 | 18,122 |
Cash Dividends Declared | 641,000 | 4,242 |
Retained Earnings | — | 17,098 |