PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Wells Fargo Bank Illinois, National Association

Galesburg, IL · Cert 3667

FDIC

Q4 2003

$478.2MAssets
$181.7MLoans
$369.5MDeposits
$82.5MEquity
Loan mix
65%RE $78.8M33%C&I $40.1M2%Consumer $1.8MQ1 2002Q4 2003
Deposit mix
84%Interest-bearing $309.5M16%Noninterest $60.0MQ1 2002Q4 2003

Executive Summary

  • Earnings: ROA of 0.36%, down 90 bps year over year; NIM at 2.28%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Funding: loans stand at 49.18% of deposits as of Q4 2003.

Return on Assets (quarter, annualized)

0.36%-90 bps YoY

Net Interest Margin (quarter, annualized)

2.28%-110 bps YoY

Efficiency Ratio (quarter, annualized)

85.54%+1,968 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.55%Q4 ’014.69%Q4 ’023.01%Q4 ’03-8%-32%

Non-interest income vs. expense

4.42%Q4 ’012.95%Q4 ’022.98%Q4 ’03-28%-4%

Discrete quarter, annualized.

MetricQ1 2002Q2 2002Q3 2002Q4 2002Q1 2003Q2 2003Q3 2003Q4 2003YoY ΔTrend
Earnings
Return on Assets1.77%0.93%1.77%1.26%0.59%1.29%0.22%0.36%-90 bps
Return on Equity13.07%6.53%11.00%7.13%3.23%7.12%1.27%2.07%-505 bps
Net Interest Margin3.79%3.93%5.31%3.38%3.27%2.96%2.63%2.28%-110 bps
Efficiency Ratio55.69%74.59%73.10%65.86%78.33%87.78%90.65%85.54%+1,968 bps
Non-Interest Burden1.62%2.57%3.57%1.88%2.31%2.46%2.29%1.80%-8 bps
Growth
Asset Growth (YoY)-7.87%-7.80%36.40%34.10%37.09%45.05%-4.83%-1.61%-3,570 bps
Loan Growth (YoY)-2.79%-2.91%26.81%27.83%22.02%18.35%-9.65%-50.21%-7,803 bps
Deposit Growth (YoY)-0.47%-0.61%44.60%38.35%38.55%47.83%-8.05%-4.05%-4,240 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.67%-0.01%0.06%0.21%0.12%-2.04%0.11%-0.01%-22 bps
Allowance / Loans0.63%0.62%1.10%1.13%1.16%1.19%1.21%2.24%+112 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital19.61%20.59%21.65%22.49%23.51%24.19%22.52%22.92%+44 bps
Equity / Assets13.99%14.49%17.17%18.11%18.37%17.76%17.04%17.26%-85 bps
Liquidity & Funding
Loans / Deposits107.88%109.16%91.44%94.76%95.01%87.40%89.85%49.18%-4,559 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a