PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Wells Fargo Bank Nebraska, National Association

Omaha, NE · Cert 5457

FDIC

Q3 2003

$3.6BAssets
$1.5BLoans
$3.0BDeposits
$466.1MEquity
Loan mix
69%RE $358.5M27%C&I $140.7M4%Consumer $20.3MQ4 2001Q3 2003
Deposit mix
69%Interest-bearing $2.0B31%Noninterest $0.9BQ4 2001Q3 2003

Executive Summary

  • Earnings: ROA of 0.28%, down 45 bps year over year; NIM at 2.11%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.13%.
  • Funding: loans stand at 50.47% of deposits as of Q3 2003.

Return on Assets (YTD, annualized)

0.28%-45 bps YoY

Net Interest Margin (YTD, annualized)

2.11%-100 bps YoY

Efficiency Ratio (YTD, annualized)

89.98%+1,362 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

6.38%Q3 ’014.28%Q3 ’022.86%Q3 ’03-14%-32%

Non-interest income vs. expense

4.36%Q3 ’013.71%Q3 ’023.62%Q3 ’03-25%-13%

Year to date, annualized, through each quarter.

MetricQ4 2001Q1 2002Q2 2002Q3 2002Q4 2002Q1 2003Q2 2003Q3 2003YoY ΔTrend
Earnings
Return on Assets0.48%0.65%0.73%0.74%0.62%0.65%0.45%0.28%-45 bps
Return on Equityn/a4.75%5.23%5.31%4.55%4.75%3.31%2.11%-319 bps
Net Interest Margin3.56%3.25%3.27%3.10%2.93%2.34%2.18%2.11%-100 bps
Efficiency Ratio82.66%78.95%76.73%76.36%79.30%78.74%84.48%89.98%+1,362 bps
Non-Interest Burden2.64%2.25%2.13%1.98%2.00%1.39%1.55%1.73%-26 bps
Growth
Asset Growth (YoY)-13.64%-5.09%-2.49%-2.87%0.27%-2.62%0.79%-5.34%-247 bps
Loan Growth (YoY)-18.59%-16.32%-25.16%-24.64%-23.29%-23.40%-16.95%-19.12%+551 bps
Deposit Growth (YoY)-1.33%1.61%-0.98%0.12%4.86%-0.87%4.93%-2.22%-234 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 / Loans0.42%0.16%0.16%0.17%0.26%0.12%0.14%0.13%-4 bps
Allowance / Loans1.51%1.61%1.87%1.92%1.97%2.05%2.21%2.33%+40 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 Capital14.36%15.11%17.99%18.62%17.85%19.91%20.24%19.00%+38 bps
Equity / Assets13.47%13.83%14.27%13.91%13.22%13.98%13.51%12.89%-102 bps
Liquidity & Funding
Loans / Deposits77.42%73.58%65.80%61.02%56.64%56.86%52.08%50.47%-1,055 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