Home > Wells Fargo Bank Iowa > Income and Expense

Wells Fargo Bank Iowa, Income and Expense

2003-12-31 (YTD Data)		Rank
Total interest income	$235,697,000	175
Total interest expense	$49,902,000	220
Net interest income	$185,795,000	155
Provision for loan and lease losses	$6,932,000	263
Total noninterest income	$531,613,000	60
Gross Fiduciary activities income	$21,959,000	76
Service charges on deposit accounts	$47,718,000	75
Trading account gains and fees	$0	160
Additional Noninterest Income	$461,936,000	50
Total noninterest expense	$599,898,000	68
Salaries and employee benefits	$165,341,000	90
Premises and equipment expense	$39,037,000	94
Additional noninterest expense	$395,520,000	50
Pre-tax net operating income	$110,578,000	147
Securities gains (losses)	$440,000	823
Applicable income taxes	$37,954,000	153
Income before extraordinary items	$73,064,000	152
Extraordinary gains, net	$0	54
Net income	$73,064,000	153
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$6,932,000	224
Cash dividends	$82,000,000	98
Sale, conversion, retirement of capital stock, net	$0	868
Net operating income	$72,773,600	144
2003-09-30 (YTD Data)		Rank
Total interest income	$184,637,000	174
Total interest expense	$40,166,000	219
Net interest income	$144,471,000	153
Provision for loan and lease losses	$6,781,000	221
Total noninterest income	$388,594,000	60
Gross Fiduciary activities income	$16,778,000	76
Service charges on deposit accounts	$35,755,000	77
Trading account gains and fees	$77,000	124
Additional Noninterest Income	$335,984,000	52
Total noninterest expense	$443,518,000	68
Salaries and employee benefits	$123,127,000	89
Premises and equipment expense	$28,711,000	96
Additional noninterest expense	$291,680,000	50
Pre-tax net operating income	$82,766,000	148
Securities gains (losses)	$440,000	747
Applicable income taxes	$28,532,000	154
Income before extraordinary items	$54,674,000	159
Extraordinary gains, net	$0	40
Net income	$54,674,000	159
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$6,781,000	193
Cash dividends	$62,000,000	89
Sale, conversion, retirement of capital stock, net	$0	722
Net operating income	$54,383,600	147
2003-06-30 (YTD Data)		Rank
Total interest income	$127,657,000	170
Total interest expense	$28,825,000	211
Net interest income	$98,832,000	149
Provision for loan and lease losses	$6,081,000	187
Total noninterest income	$257,942,000	60
Gross Fiduciary activities income	$11,332,000	76
Service charges on deposit accounts	$23,219,000	77
Trading account gains and fees	$53,000	121
Additional Noninterest Income	$223,338,000	49
Total noninterest expense	$299,552,000	67
Salaries and employee benefits	$83,265,000	89
Premises and equipment expense	$20,995,000	91
Additional noninterest expense	$195,292,000	48
Pre-tax net operating income	$51,141,000	158
Securities gains (losses)	$440,000	625
Applicable income taxes	$17,207,000	168
Income before extraordinary items	$34,374,000	165
Extraordinary gains, net	$0	30
Net income	$34,374,000	165
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$6,081,000	167
Cash dividends	$40,000,000	80
Sale, conversion, retirement of capital stock, net	$0	589
Net operating income	$34,079,200	153
2003-03-31 (YTD Data)		Rank
Total interest income	$65,141,000	170
Total interest expense	$15,252,000	210
Net interest income	$49,889,000	150
Provision for loan and lease losses	$4,356,000	152
Total noninterest income	$126,436,000	57
Gross Fiduciary activities income	$6,310,000	71
Service charges on deposit accounts	$11,439,000	80
Trading account gains and fees	$27,000	106
Additional Noninterest Income	$108,660,000	49
Total noninterest expense	$146,399,000	66
Salaries and employee benefits	$43,125,000	88
Premises and equipment expense	$11,154,000	88
Additional noninterest expense	$92,120,000	47
Pre-tax net operating income	$25,570,000	158
Securities gains (losses)	$425,000	401
Applicable income taxes	$8,383,000	174
Income before extraordinary items	$17,612,000	159
Extraordinary gains, net	$0	21
Net income	$17,612,000	159
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$4,365,000	139
Cash dividends	$40,000,000	51
Sale, conversion, retirement of capital stock, net	$0	419
Net operating income	$17,323,000	154
2002-12-31 (YTD Data)		Rank
Total interest income	$340,404,000	148
Total interest expense	$86,931,000	184
Net interest income	$253,473,000	135
Provision for loan and lease losses	$8,865,000	263
Total noninterest income	$494,094,000	59
Gross Fiduciary activities income	$23,014,000	78
Service charges on deposit accounts	$52,189,000	70
Trading account gains and fees	$0	153
Additional Noninterest Income	$418,891,000	50
Total noninterest expense	$554,594,000	68
Salaries and employee benefits	$153,985,000	90
Premises and equipment expense	$40,975,000	99
Additional noninterest expense	$359,634,000	54
Pre-tax net operating income	$184,108,000	104
Securities gains (losses)	$20,175,000	60
Applicable income taxes	$71,659,000	92
Income before extraordinary items	$132,624,000	102
Extraordinary gains, net	$0	70
Net income	$132,624,000	102
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$9,713,000	221
Cash dividends	$158,000,000	70
Sale, conversion, retirement of capital stock, net	$0	862
Net operating income	$119,510,250	106
2001-12-31 (YTD Data)		Rank
Total interest income	$475,888,000	130
Total interest expense	$213,792,000	134
Net interest income	$262,096,000	126
Provision for loan and lease losses	$19,049,000	165
Total noninterest income	$509,516,000	59
Gross Fiduciary activities income	$25,617,000	73
Service charges on deposit accounts	$41,028,000	73
Trading account gains and fees	$0	177
Additional Noninterest Income	$442,871,000	50
Total noninterest expense	$593,404,000	65
Salaries and employee benefits	$166,602,000	82
Premises and equipment expense	$40,647,000	93
Additional noninterest expense	$386,155,000	52
Pre-tax net operating income	$159,159,000	108
Securities gains (losses)	$20,722,000	50
Applicable income taxes	$64,985,000	100
Income before extraordinary items	$114,896,000	108
Extraordinary gains, net	$0	105
Net income	$114,896,000	107
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$19,351,000	151
Cash dividends	$124,000,000	81
Sale, conversion, retirement of capital stock, net	$0	922
Net operating income	$101,633,920	113
2000-12-31 (YTD Data)		Rank
Total interest income	$401,949,000	158
Total interest expense	$214,967,000	154
Net interest income	$186,982,000	154
Provision for loan and lease losses	$6,963,000	254
Total noninterest income	$432,677,000	65
Gross Fiduciary activities income	$25,334,000	73
Service charges on deposit accounts	$27,777,000	97
Trading account gains and fees	$88,000	128
Additional Noninterest Income	$379,478,000	53
Total noninterest expense	$501,549,000	77
Salaries and employee benefits	$137,868,000	92
Premises and equipment expense	$35,321,000	107
Additional noninterest expense	$328,360,000	63
Pre-tax net operating income	$111,147,000	142
Securities gains (losses)	$-903,000	9,753
Applicable income taxes	$35,074,000	147
Income before extraordinary items	$75,170,000	138
Extraordinary gains, net	$0	38
Net income	$75,170,000	138
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$9,860,000	192
Cash dividends	$41,000,000	155
Sale, conversion, retirement of capital stock, net	$0	969
Net operating income	$75,784,040	140
1999-12-31 (YTD Data)		Rank
Total interest income	$334,697,000	160
Total interest expense	$159,345,000	162
Net interest income	$175,352,000	162
Provision for loan and lease losses	$1,838,000	606
Total noninterest income	$240,591,000	97
Gross Fiduciary activities income	$25,699,000	83
Service charges on deposit accounts	$30,735,000	88
Trading account gains and fees	$0	173
Additional Noninterest Income	$184,157,000	85
Total noninterest expense	$300,688,000	103
Salaries and employee benefits	$93,730,000	117
Premises and equipment expense	$35,811,000	107
Additional noninterest expense	$171,147,000	92
Pre-tax net operating income	$113,417,000	148
Securities gains (losses)	$-39,589,000	10,215
Applicable income taxes	$30,121,000	183
Income before extraordinary items	$43,707,000	208
Extraordinary gains, net	$0	35
Net income	$43,707,000	209
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$4,802,000	269
Cash dividends	$32,350,000	188
Sale, conversion, retirement of capital stock, net	$0	1,035
Net operating income	$69,043,960	155
1998-12-31 (YTD Data)		Rank
Total interest income	$340,678,000	156
Total interest expense	$158,768,000	164
Net interest income	$181,910,000	157
Provision for loan and lease losses	$3,763,000	394
Total noninterest income	$188,847,000	109
Gross Fiduciary activities income	$24,588,000	87
Service charges on deposit accounts	$35,479,000	78
Trading account gains and fees	$631,000	107
Additional Noninterest Income	$128,149,000	109
Total noninterest expense	$279,791,000	111
Salaries and employee benefits	$64,883,000	149
Premises and equipment expense	$31,008,000	114
Additional noninterest expense	$183,900,000	89
Pre-tax net operating income	$87,203,000	173
Securities gains (losses)	$15,507,000	50
Applicable income taxes	$30,366,000	170
Income before extraordinary items	$72,344,000	151
Extraordinary gains, net	$0	32
Net income	$72,344,000	152
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$25,061,000	114
Cash dividends	$86,000,000	101
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$61,489,100	164
1997-12-31 (YTD Data)		Rank
Total interest income	$438,855,000	140
Total interest expense	$203,202,000	142
Net interest income	$235,653,000	127
Provision for loan and lease losses	$54,025,000	76
Total noninterest income	$301,553,000	63
Gross Fiduciary activities income	$21,105,000	93
Service charges on deposit accounts	$33,872,000	79
Trading account gains and fees	$55,000	177
Additional Noninterest Income	$246,521,000	52
Total noninterest expense	$292,026,000	96
Salaries and employee benefits	$85,388,000	116
Premises and equipment expense	$35,711,000	95
Additional noninterest expense	$170,927,000	77
Pre-tax net operating income	$191,155,000	80
Securities gains (losses)	$-21,000	10,392
Applicable income taxes	$66,756,000	89
Income before extraordinary items	$124,378,000	82
Extraordinary gains, net	$0	44
Net income	$124,378,000	82
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$52,262,000	70
Cash dividends	$113,107,000	74
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$124,391,650	81
1996-12-31 (YTD Data)		Rank
Total interest income	$462,797,000	140
Total interest expense	$212,984,000	148
Net interest income	$249,813,000	131
Provision for loan and lease losses	$52,872,000	66
Total noninterest income	$207,108,000	85
Gross Fiduciary activities income	$20,791,000	97
Service charges on deposit accounts	$28,088,000	105
Trading account gains and fees	$127,000	173
Additional Noninterest Income	$158,102,000	73
Total noninterest expense	$285,760,000	108
Salaries and employee benefits	$94,538,000	113
Premises and equipment expense	$37,680,000	93
Additional noninterest expense	$153,542,000	97
Pre-tax net operating income	$118,289,000	127
Securities gains (losses)	$10,370,000	44
Applicable income taxes	$44,186,000	124
Income before extraordinary items	$84,473,000	122
Extraordinary gains, net	$0	53
Net income	$84,473,000	121
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$69,569,000	50
Cash dividends	$138,639,000	61
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$77,628,800	128
1995-12-31 (YTD Data)		Rank
Total interest income	$593,914,000	104
Total interest expense	$273,453,000	115
Net interest income	$320,461,000	99
Provision for loan and lease losses	$84,381,000	32
Total noninterest income	$194,302,000	81
Gross Fiduciary activities income	$17,075,000	111
Service charges on deposit accounts	$25,927,000	113
Trading account gains and fees	$39,000	340
Additional Noninterest Income	$151,261,000	65
Total noninterest expense	$281,638,000	105
Salaries and employee benefits	$98,525,000	114
Premises and equipment expense	$36,511,000	99
Additional noninterest expense	$146,602,000	92
Pre-tax net operating income	$148,744,000	101
Securities gains (losses)	$-2,926,000	11,920
Applicable income taxes	$39,020,000	137
Income before extraordinary items	$106,798,000	96
Extraordinary gains, net	$0	65
Net income	$106,798,000	96
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$92,267,000	32
Cash dividends	$133,246,000	51
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$108,933,980	94
1994-12-31 (YTD Data)		Rank
Total interest income	$508,434,000	103
Total interest expense	$190,340,000	117
Net interest income	$318,094,000	90
Provision for loan and lease losses	$52,420,000	47
Total noninterest income	$210,887,000	70
Gross Fiduciary activities income	$16,208,000	112
Service charges on deposit accounts	$21,164,000	127
Trading account gains and fees	$0	475
Additional Noninterest Income	$173,515,000	44
Total noninterest expense	$295,177,000	90
Salaries and employee benefits	$94,448,000	114
Premises and equipment expense	$33,032,000	107
Additional noninterest expense	$167,697,000	82
Pre-tax net operating income	$181,384,000	77
Securities gains (losses)	$30,181,000	6
Applicable income taxes	$70,603,000	68
Income before extraordinary items	$140,962,000	66
Extraordinary gains, net	$0	249
Net income	$140,962,000	65
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$50,021,000	51
Cash dividends	$143,731,000	39
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$120,740,730	76
1993-12-31 (YTD Data)		Rank
Total interest income	$434,437,000	112
Total interest expense	$161,548,000	115
Net interest income	$272,889,000	105
Provision for loan and lease losses	$47,562,000	77
Total noninterest income	$173,954,000	77
Gross Fiduciary activities income	$15,438,000	112
Service charges on deposit accounts	$17,523,000	145
Trading account gains and fees	$0	532
Additional Noninterest Income	$140,993,000	55
Total noninterest expense	$274,180,000	95
Salaries and employee benefits	$88,519,000	112
Premises and equipment expense	$30,862,000	111
Additional noninterest expense	$154,799,000	81
Pre-tax net operating income	$125,101,000	91
Securities gains (losses)	$28,878,000	25
Applicable income taxes	$51,831,000	78
Income before extraordinary items	$102,148,000	86
Extraordinary gains, net	$0	3,149
Net income	$102,148,000	90
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$30,669,000	118
Cash dividends	$71,309,000	68
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$83,088,520	96
1992-12-31 (YTD Data)		Rank
Total interest income	$299,655,000	172
Total interest expense	$138,544,000	173
Net interest income	$161,111,000	164
Provision for loan and lease losses	$28,714,000	169
Total noninterest income	$135,369,000	87
Gross Fiduciary activities income	$11,994,000	132
Service charges on deposit accounts	$16,638,000	136
Trading account gains and fees	$0	504
Additional Noninterest Income	$106,737,000	65
Total noninterest expense	$197,339,000	125
Salaries and employee benefits	$70,979,000	128
Premises and equipment expense	$26,149,000	125
Additional noninterest expense	$100,211,000	116
Pre-tax net operating income	$70,427,000	122
Securities gains (losses)	$5,688,000	185
Applicable income taxes	$27,673,000	107
Income before extraordinary items	$48,442,000	138
Extraordinary gains, net	$-6,236,000	13,914
Net income	$42,206,000	156
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$30,701,000	148
Cash dividends	$44,315,000	61
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$44,801,680	132

* The data above is accumulated from the beginning of the year to the date posted. The data for Dec. 31 is the number for the entire year.