Home > Wachovia Bank > Performance and Condition Ratios
Wachovia Bank, Performance and Condition Ratios
| 2009-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 4.4195% | 7,463 |
| Cost of funding earning assets | 0.7910% | 7,572 |
| Net interest margin | 3.6285% | 4,440 |
| Noninterest income to average assets | 1.5579% | 589 |
| Noninterest expense to average assets | 2.5416% | 5,979 |
| Loan and lease loss provision to assets | 1.0568% | 2,174 |
| Net operating income to assets | 0.7176% | 2,866 |
| Return on assets (ROA) | 0.7574% | 2,782 |
| Pretax return on assets | 1.0008% | 2,591 |
| Return on Equity (ROE) | 6.6556% | 2,927 |
| Retained earnings to average equity (ytd only) | 3.9131% | 2,474 |
| Net charge-offs to loans | 1.2072% | 2,040 |
| Credit loss provision to net charge-offs | 135.6374% | 3,650 |
| Earnings coverage of net charge-offs (x) | 2.5688% | 3,834 |
| Efficiency ratio | 47.5643% | 7,647 |
| Assets per employee ($millions) | 6.3927% | 1,030 |
| Cash dividends to net income (ytd only)* | 41.2056% | 2,874 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.6346% | 1,087 |
| Loan loss allowance to noncurrent loans | 40.9738% | 5,666 |
| Noncurrent assets plus other real estate owned to assets | 4.4522% | 1,452 |
| Noncurrent loans to loans | 6.4299% | 943 |
| Net loans and leases to total assets | 64.2001% | 4,561 |
| Net loans and leases to deposits | 92.0973% | 1,881 |
| Net loans and leases to core deposits | 110.4257% | 2,847 |
| Total domestic deposits to total assets | 62.9637% | 7,736 |
| Equity capital to assets | 13.2018% | 1,432 |
| Core capital (leverage) ratio | 8.2316% | 5,762 |
| Tier 1 risk-based capital ratio | 8.9674% | 7,482 |
| Total risk-based capital ratio | 13.6459% | 4,566 |
| Memoranda: | ||
| Average total assets | $560,752,400,000 | 5 |
| Average earning assets | $461,323,200,000 | 5 |
| Average equity | $63,810,800,000 | 4 |
| Average total loans | $361,921,600,000 | 5 |
| 2009-09-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 4.3179% | 7,661 |
| Cost of funding earning assets | 0.7852% | 7,716 |
| Net interest margin | 3.5326% | 4,731 |
| Noninterest income to average assets | 1.5088% | 647 |
| Noninterest expense to average assets | 2.4772% | 6,155 |
| Loan and lease loss provision to assets | 0.8831% | 2,178 |
| Net operating income to assets | 0.7085% | 3,172 |
| Return on assets (ROA) | 0.7268% | 3,175 |
| Pretax return on assets | 1.0998% | 2,571 |
| Return on Equity (ROE) | 6.6232% | 3,252 |
| Retained earnings to average equity (ytd only) | 2.9154% | 3,691 |
| Net charge-offs to loans | 0.9665% | 2,040 |
| Credit loss provision to net charge-offs | 142.2472% | 3,442 |
| Earnings coverage of net charge-offs (x) | 3.1393% | 3,665 |
| Efficiency ratio | 47.8042% | 7,670 |
| Assets per employee ($millions) | 6.9476% | 804 |
| Cash dividends to net income (ytd only)* | 55.9821% | 1,772 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.4562% | 1,102 |
| Loan loss allowance to noncurrent loans | 44.0274% | 5,377 |
| Noncurrent assets plus other real estate owned to assets | 3.8598% | 1,667 |
| Noncurrent loans to loans | 5.5788% | 1,118 |
| Net loans and leases to total assets | 64.9719% | 4,653 |
| Net loans and leases to deposits | 93.2271% | 2,017 |
| Net loans and leases to core deposits | 116.4773% | 2,573 |
| Total domestic deposits to total assets | 61.9139% | 7,822 |
| Equity capital to assets | 12.8105% | 1,780 |
| Core capital (leverage) ratio | 7.8659% | 6,551 |
| Tier 1 risk-based capital ratio | 8.8507% | 7,666 |
| Total risk-based capital ratio | 13.6001% | 4,612 |
| Memoranda: | ||
| Average total assets | $573,419,750,000 | 4 |
| Average earning assets | $473,555,500,000 | 4 |
| Average equity | $62,928,500,000 | 4 |
| Average total loans | $368,318,250,000 | 4 |
| 2009-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 4.1614% | 7,847 |
| Cost of funding earning assets | 0.7843% | 7,839 |
| Net interest margin | 3.3771% | 5,262 |
| Noninterest income to average assets | 1.5094% | 649 |
| Noninterest expense to average assets | 2.5074% | 6,094 |
| Loan and lease loss provision to assets | 0.5016% | 3,027 |
| Net operating income to assets | 0.8757% | 2,559 |
| Return on assets (ROA) | 0.9058% | 2,534 |
| Pretax return on assets | 1.3384% | 1,909 |
| Return on Equity (ROE) | 8.6775% | 2,490 |
| Retained earnings to average equity (ytd only) | 8.6775% | 1,016 |
| Net charge-offs to loans | 0.6117% | 2,516 |
| Credit loss provision to net charge-offs | 129.0435% | 3,604 |
| Earnings coverage of net charge-offs (x) | 4.6061% | 3,051 |
| Efficiency ratio | 50.1809% | 7,656 |
| Assets per employee ($millions) | 7.3995% | 641 |
| Cash dividends to net income (ytd only)* | 0.0000% | 3,532 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 2.1165% | 1,362 |
| Loan loss allowance to noncurrent loans | 49.7619% | 5,039 |
| Noncurrent assets plus other real estate owned to assets | 2.9030% | 2,198 |
| Noncurrent loans to loans | 4.2532% | 1,551 |
| Net loans and leases to total assets | 63.7920% | 5,025 |
| Net loans and leases to deposits | 86.7274% | 3,409 |
| Net loans and leases to core deposits | 101.5186% | 4,343 |
| Total domestic deposits to total assets | 70.3211% | 7,438 |
| Equity capital to assets | 11.7269% | 2,369 |
| Core capital (leverage) ratio | 7.1796% | 7,379 |
| Tier 1 risk-based capital ratio | 8.3749% | 7,864 |
| Total risk-based capital ratio | 13.0296% | 5,038 |
| Memoranda: | ||
| Average total assets | $591,763,333,330 | 4 |
| Average earning assets | $488,580,666,670 | 4 |
| Average equity | $61,768,666,670 | 4 |
| Average total loans | $375,995,000,000 | 4 |
| 2009-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 4.0707% | 7,959 |
| Cost of funding earning assets | 0.8049% | 7,906 |
| Net interest margin | 3.2658% | 5,634 |
| Noninterest income to average assets | 1.6148% | 526 |
| Noninterest expense to average assets | 2.3472% | 6,380 |
| Loan and lease loss provision to assets | -0.0790% | 8,199 |
| Net operating income to assets | 1.3178% | 1,340 |
| Return on assets (ROA) | 1.3494% | 1,354 |
| Pretax return on assets | 2.0943% | 545 |
| Return on Equity (ROE) | 13.7091% | 1,226 |
| Retained earnings to average equity (ytd only) | 13.7091% | 541 |
| Net charge-offs to loans | 0.3388% | 2,733 |
| Credit loss provision to net charge-offs | -37.1517% | 6,158 |
| Earnings coverage of net charge-offs (x) | 9.2198% | 2,086 |
| Efficiency ratio | 46.5454% | 7,818 |
| Assets per employee ($millions) | 6.9383% | 804 |
| Cash dividends to net income (ytd only)* | 0.0000% | 2,832 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.8482% | 1,743 |
| Loan loss allowance to noncurrent loans | 57.4675% | 4,757 |
| Noncurrent assets plus other real estate owned to assets | 2.2051% | 2,592 |
| Noncurrent loans to loans | 3.2160% | 2,011 |
| Net loans and leases to total assets | 63.9945% | 4,989 |
| Net loans and leases to deposits | 88.1471% | 3,267 |
| Net loans and leases to core deposits | 105.9538% | 3,924 |
| Total domestic deposits to total assets | 69.0074% | 7,514 |
| Equity capital to assets | 10.6688% | 3,314 |
| Core capital (leverage) ratio | 6.2031% | 7,969 |
| Tier 1 risk-based capital ratio | 7.4128% | 8,065 |
| Total risk-based capital ratio | 12.0191% | 6,032 |
| Memoranda: | ||
| Average total assets | $607,367,000,000 | 4 |
| Average earning assets | $500,946,000,000 | 4 |
| Average equity | $59,785,000,000 | 4 |
| Average total loans | $381,331,500,000 | 4 |
| 2008-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 0.0000% | 8,298 |
| Cost of funding earning assets | 0.0000% | 8,290 |
| Net interest margin | 0.0000% | 8,294 |
| Noninterest income to average assets | 0.0000% | 8,110 |
| Noninterest expense to average assets | 0.0000% | 8,298 |
| Loan and lease loss provision to assets | 0.1195% | 5,837 |
| Net operating income to assets | -0.0777% | 6,478 |
| Return on assets (ROA) | -0.0777% | 6,324 |
| Pretax return on assets | -0.1195% | 6,289 |
| Return on Equity (ROE) | -0.7531% | 6,331 |
| Retained earnings to average equity (ytd only) | -0.7531% | 5,528 |
| Net charge-offs to loans | 0.0000% | 7,039 |
| Credit loss provision to net charge-offs | NA | NA |
| Earnings coverage of net charge-offs (x) | NA | NA |
| Efficiency ratio | NA | NA |
| Assets per employee ($millions) | 7.6916% | 519 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,825 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.9097% | 1,391 |
| Loan loss allowance to noncurrent loans | 90.2529% | 3,748 |
| Noncurrent assets plus other real estate owned to assets | 1.4822% | 3,256 |
| Noncurrent loans to loans | 2.1159% | 2,609 |
| Net loans and leases to total assets | 59.4260% | 5,990 |
| Net loans and leases to deposits | 88.9399% | 3,648 |
| Net loans and leases to core deposits | 111.5826% | 3,606 |
| Total domestic deposits to total assets | 63.1709% | 7,829 |
| Equity capital to assets | 9.0908% | 5,239 |
| Core capital (leverage) ratio | 5.3657% | 8,181 |
| Tier 1 risk-based capital ratio | 6.4524% | 8,207 |
| Total risk-based capital ratio | 10.8949% | 7,045 |
| Memoranda: | ||
| Average total assets | $657,908,589,000 | 4 |
| Average earning assets | $540,071,882,000 | 4 |
| Average equity | $67,851,772,200 | 4 |
| Average total loans | $408,123,800,000 | 4 |