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Wells Fargo National Bank West

Las Vegas, NV · Cert 27389 · Wells Fargo&Company

National charter · OCC · 2 affiliate banks · 1 branch (4,159 in holding)

Q2 2026

$8.8BAssets
$4.7BLoans
$6.9BDeposits
$1.7BEquity
Loan mix
100%RE $4.9B0%C&I $0.0B0%Consumer $0.0BQ2 2025Q2 2026
Deposit mix
100%Interest-bearing $6.9B0%Noninterest $0.0BQ2 2025Q2 2026

NIM

4.61%Q2 ’243.80%Q2 ’253.39%Q2 ’26+5%+3%

Non-interest income vs. expense

0.38%Q2 ’240.45%Q2 ’250.37%Q2 ’26+7%-20%

Market Position · Las Vegas-Henderson-North Las Vegas, NV · 2026 SOD (annual) · 7.3% share · #5 of 41 inst. · $6.9B of $95.0B

Executive Summary

  • Earnings: ROA of 0.97%, up 13 bps year over year; NIM at 1.61%.
  • Asset quality: problem loans at 0.97% of loans (+16 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 19.19%, up 326 bps from a year ago.
  • Funding: loans stand at 68.44% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.97%+13 bps YoY

Net Interest Margin (YTD, annualized)

1.61%+5 bps YoY

Efficiency Ratio (YTD, annualized)

23.44%-648 bps YoY

Tier 1 Leverage Ratio

19.19%+326 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.85%0.85%0.87%1.00%0.97%+13 bps
Return on Equity5.58%5.46%5.43%5.53%5.30%-28 bps
Net Interest Margin1.56%1.64%1.66%1.60%1.61%+5 bps
Efficiency Ratio29.92%28.02%27.16%25.30%23.44%-648 bps
Non-Interest Burden0.50%0.49%0.48%0.43%0.40%-10 bps
Growth
Asset Growth (YoY)-21.69%-10.19%-13.87%-11.66%-6.77%+1,492 bps
Loan Growth (YoY)-10.26%-10.34%-10.78%-10.99%-11.09%-84 bps
Deposit Growth (YoY)-27.80%-13.19%-17.22%-14.04%-6.39%+2,141 bps
Asset Quality
Nonperforming Loans / Loans0.81%0.91%0.82%0.87%0.97%+16 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loansn/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio15.93%17.39%18.25%18.62%19.19%+326 bps
Total Risk-Based Capital52.59%54.87%57.96%59.76%65.48%+1,289 bps
Equity / Assetsn/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits72.06%68.75%69.66%67.81%68.44%-362 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a