Wells Fargo Financial Bank
Sioux Falls, SD — Domestic Branch of a Domestic Bank
Acquired Feb 2009
Vitals
-
Total Assets6.3B 11.1 %
-
Total Deposits185.9M -18.4 %
-
Total Net Loans5.5B 9.4 %
-
Net Income
-
Book Value924.9M 17.7 %
-
Book Value x21.8B 17.7 %
-
Book Value x32.8B 17.7 %
Balance Sheet Highlights
Financial Highlights | Wells Fargo Financial Bank | All Insured Commercial Banks in South Dakota |
Balance Sheet $(000) | ||
Total Assets | 6,296,020 | 177,384 |
Total Net Loans | 5,519,875 | 118,727 |
Total Deposits | 185,937 | 137,496 |
Total Equity | 924,870 | 21,662 |
Profitability | ||
Net Income | — | 56,503 |
Return on Average Assets | — | 1.541 |
Return on Average Equity | — | 10.833 |
Net Interest Margin | 15.171 | 4.116 |
Efficiency Ratio | 14.978 | 66.094 |
Noninterest Income/Revenue | 9.266 | 19.175 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 2968.68 | 79.088 |
Securities/Assets | .06 | 6.361 |
Total Equity/Total Assets | .147 | .122 |
Tangible Equity/Tangible Assets | .147 | -8.829 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 731,046 | 18,557 |
Tier 2 Capital | 256,348 | 1,619 |
Total Capital | 987,394 | 20,092 |
Total Risk Weighted Assets | 6,091,375 | 135,984 |
Leverage Ratio | 11.69 | 10.847 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 12 | 15.044 |
Total Capital Ratio | 16.21 | 16.111 |
Timeline for Wells Fargo Financial Bank
Wells Fargo Bank, National Association
Wells Fargo Financial Bank was acquired by Wells Fargo Bank, National Association 15 years
View Profile Feb 02 2009Centurion Casualty Company
Centurion Casualty Company became a new subsidiary organization for Wells Fargo Financial Bank.
View Profile Aug 02 1991Chm Insurance Company
Chm Insurance Company became a new subsidiary organization for Wells Fargo Financial Bank.
View Profile Jun 20 1991Wells Fargo Financial Bank
Wells Fargo Financial Bank was established 36 years ago and is currently headquartered in Sioux Falls, SD.
Jun 01 1987Wells Fargo Financial, Llc
Wells Fargo Financial, Llc became a new parent organization for Wells Fargo Financial Bank.
View Profile Jun 01 1987Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Wells Fargo Bank, National Association | Buyer | 1,740,819,000 | Pooling of Interests | Discontinued | 2/2/2009 |
Relationships | Role | Relationship Start | Relationship End |
Wells Fargo Financial, Llc | Parent | 6/1/1987 | 2/1/2009 |
Centurion Casualty Company | Subsidary | 6/30/2007 | 2/1/2009 |
Centurion Casualty Company | Subsidary | 8/2/1991 | 6/29/2007 |
Chm Insurance Company | Subsidary | 6/20/1991 | 5/31/2000 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
Homestreet Bank
|
Seattle | WA | 6.2B |
Ameris Bank
|
Moultrie | GA | 6.5B |
Flushing Bank
|
Uniondale | NY | 6.0B |
Oriental Bank
|
San Juan | PR | 6.5B |
S&T Bank
|
Indiana | PA | 6.7B |
Bank Of North Carolina
|
Thomasville | NC | 6.8B |
Servisfirst Bank
|
Birmingham | AL | 6.0B |
World's Foremost Bank
|
Sidney | NE | 5.7B |
Optum Bank, Inc.
|
Salt Lake City | UT | 5.7B |
Independent Bank
|
Mckinney | TX | 5.7B |