PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Wells Fargo Central Bank

Calabasas, CA · Cert 26839

FDIC

Q4 2010

$6.2MAssets
n/aLoans
$634KDeposits
$5.5MEquity
Deposit mix
79%Interest-bearing $500K21%Noninterest $134KQ4 2009Q4 2010

NIM

0.25%Q4 ’080.16%Q4 ’090.49%Q4 ’10-13%+197%

Non-interest income vs. expense

0.17%Q4 ’080.25%Q4 ’090.37%Q4 ’10+34%+6%

Executive Summary

  • Earnings: ROA of 0.04%, up 9 bps year over year; NIM at 0.43%.
  • Funding: loans stand at 0.00% of deposits as of Q4 2010.

Financial Results

Return on Assets (YTD, annualized)

0.04%+9 bps YoY

Net Interest Margin (YTD, annualized)

0.43%+28 bps YoY

Efficiency Ratio (YTD, annualized)

63.89%-7,205 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2009Q1 2010Q2 2010Q3 2010Q4 2010YoY ΔTrend
Earnings
Return on Assets-0.05%0.08%0.10%0.03%0.04%+9 bps
Return on Equity-0.27%0.36%0.47%0.10%0.15%+42 bps
Net Interest Margin0.14%0.14%0.16%0.26%0.43%+28 bps
Efficiency Ratio135.94%33.33%25.93%79.41%63.89%-7,205 bps
Non-Interest Burden0.21%0.03%0.00%0.19%0.22%+1 bps
Growth
Asset Growth (YoY)-4.88%-14.41%-18.03%-82.49%-77.78%-7,291 bps
Loan Growth (YoY)n/an/an/an/an/an/an/a
Deposit Growth (YoY)-6.38%-18.42%-22.18%-97.00%-97.14%-9,076 bps
Asset Quality
Nonperforming Loans / Loansn/an/an/an/an/an/an/a
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loansn/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital81.58%98.18%88.96%417%437%+35,570 bps
Equity / Assets19.79%23.06%20.97%85.37%89.22%+6,942 bps
Liquidity & Funding
Loans / Deposits0.00%0.00%0.00%0.00%0.00%0 bps
Liquid Assets / Assets95.35%94.65%95.16%52.69%50.54%-4,482 bps
CRE / Total Capitaln/an/an/an/an/an/an/a