Wells Fargo Bank West, National Association
Denver, CO — Domestic Branch of a Domestic Bank
Acquired Nov 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Wells Fargo Bank West, National Association | All Insured Commercial Banks in Colorado |
Interest and Fees on Loans | 379,342 | 5,958 |
Income from Lease Financing Receivables | 2 | 62 |
776 | 67 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 402 | 35 |
Income on Loans and Leases (TE) | 379,746 | 5,983 |
Investment Interest Income (TE) | 99,032 | 2,797 |
Total Interest Income (TE) | 494,242 | 6,200 |
Total Interest Expense | 76,294 | 1,465 |
Net Interest Income (TE) | 417,948 | 4,675 |
Non-Interest Income | 163,370 | 1,535 |
Adjusted Operating Income (TE) | 581,318 | 6,051 |
Non-interest Expense | 322,134 | 3,596 |
Provision for Loan & Lease Losses | 10,995 | 626 |
Pretax Operating Income (TE) | 248,189 | 4,717 |
Pretax Net Operating Income (TE) | 247,841 | 4,760 |
Applicable Income Taxes | 82,403 | 1,737 |
Net Operating Income | 164,215 | 3,233 |
Net Income | 164,215 | 3,233 |
Cash Dividends Declared | 350,000 | 5,119 |
Retained Earnings | — | 1,107 |