Home > Wells Fargo Bank Michigan > Income and Expense

Wells Fargo Bank Michigan, Income and Expense

2003-12-31 (YTD Data)Rank
Total interest income$25,670,0001,108
Total interest expense$6,175,0001,439
Net interest income$19,495,000987
Provision for loan and lease losses$1,000,0001,181
Total noninterest income$11,155,000601
Gross Fiduciary activities income$4,245,000169
Service charges on deposit accounts$3,947,000432
Trading account gains and fees$0160
Additional Noninterest Income$2,963,0001,101
Total noninterest expense$23,902,000681
Salaries and employee benefits$11,213,000761
Premises and equipment expense$4,628,000506
Additional noninterest expense$8,061,000670
Pre-tax net operating income$5,748,0001,437
Securities gains (losses)$64,0002,288
Applicable income taxes$1,789,0001,395
Income before extraordinary items$4,023,0001,560
Extraordinary gains, net$054
Net income$4,023,0001,562
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,000,000930
Cash dividends$06,283
Sale, conversion, retirement of capital stock, net$0868
Net operating income$3,978,8401,501
2003-09-30 (YTD Data)Rank
Total interest income$19,717,0001,103
Total interest expense$4,807,0001,446
Net interest income$14,910,000977
Provision for loan and lease losses$1,001,000895
Total noninterest income$9,009,000598
Gross Fiduciary activities income$3,197,000174
Service charges on deposit accounts$3,002,000430
Trading account gains and fees$0153
Additional Noninterest Income$2,810,000960
Total noninterest expense$17,836,000703
Salaries and employee benefits$8,202,000787
Premises and equipment expense$3,530,000511
Additional noninterest expense$6,104,000668
Pre-tax net operating income$5,082,0001,272
Securities gains (losses)$64,0002,111
Applicable income taxes$1,621,0001,261
Income before extraordinary items$3,525,0001,411
Extraordinary gains, net$040
Net income$3,525,0001,411
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,004,000696
Cash dividends$05,519
Sale, conversion, retirement of capital stock, net$0722
Net operating income$3,481,4801,346
2003-06-30 (YTD Data)Rank
Total interest income$13,513,0001,079
Total interest expense$3,377,0001,431
Net interest income$10,136,000955
Provision for loan and lease losses$884,000708
Total noninterest income$5,746,000613
Gross Fiduciary activities income$2,184,000174
Service charges on deposit accounts$1,998,000431
Trading account gains and fees$0150
Additional Noninterest Income$1,564,0001,102
Total noninterest expense$11,743,000709
Salaries and employee benefits$5,514,000785
Premises and equipment expense$2,192,000543
Additional noninterest expense$4,037,000667
Pre-tax net operating income$3,255,0001,315
Securities gains (losses)$03,782
Applicable income taxes$1,023,0001,347
Income before extraordinary items$2,232,0001,473
Extraordinary gains, net$030
Net income$2,232,0001,472
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$884,000559
Cash dividends$05,215
Sale, conversion, retirement of capital stock, net$0589
Net operating income$2,232,0001,380
2003-03-31 (YTD Data)Rank
Total interest income$6,961,0001,058
Total interest expense$1,783,0001,376
Net interest income$5,178,000942
Provision for loan and lease losses$97,0002,432
Total noninterest income$2,917,000604
Gross Fiduciary activities income$1,182,000173
Service charges on deposit accounts$981,000424
Trading account gains and fees$0134
Additional Noninterest Income$754,0001,099
Total noninterest expense$5,825,000708
Salaries and employee benefits$2,740,000794
Premises and equipment expense$1,114,000542
Additional noninterest expense$1,971,000661
Pre-tax net operating income$2,173,0001,011
Securities gains (losses)$02,891
Applicable income taxes$703,0001,053
Income before extraordinary items$1,470,0001,136
Extraordinary gains, net$021
Net income$1,470,0001,135
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$97,0001,529
Cash dividends$03,930
Sale, conversion, retirement of capital stock, net$0419
Net operating income$1,470,0001,048
2002-12-31 (YTD Data)Rank
Total interest income$35,801,000850
Total interest expense$11,340,000989
Net interest income$24,461,000773
Provision for loan and lease losses$1,119,0001,223
Total noninterest income$15,204,000478
Gross Fiduciary activities income$4,737,000170
Service charges on deposit accounts$3,882,000417
Trading account gains and fees$0153
Additional Noninterest Income$6,585,000576
Total noninterest expense$26,624,000610
Salaries and employee benefits$13,010,000625
Premises and equipment expense$4,809,000484
Additional noninterest expense$8,805,000614
Pre-tax net operating income$11,922,000737
Securities gains (losses)$-110,0009,138
Applicable income taxes$3,930,000739
Income before extraordinary items$7,882,000807
Extraordinary gains, net$070
Net income$7,882,000807
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,117,000864
Cash dividends$12,000,000321
Sale, conversion, retirement of capital stock, net$0862
Net operating income$7,955,700767
2001-12-31 (YTD Data)Rank
Total interest income$63,479,000563
Total interest expense$27,256,000613
Net interest income$36,223,000523
Provision for loan and lease losses$1,267,0001,039
Total noninterest income$15,230,000458
Gross Fiduciary activities income$820,000461
Service charges on deposit accounts$3,703,000409
Trading account gains and fees$0177
Additional Noninterest Income$10,707,000404
Total noninterest expense$40,542,000427
Salaries and employee benefits$15,951,000501
Premises and equipment expense$4,913,000468
Additional noninterest expense$19,678,000361
Pre-tax net operating income$9,644,000789
Securities gains (losses)$5,426,000135
Applicable income taxes$7,784,000396
Income before extraordinary items$7,286,000763
Extraordinary gains, net$0105
Net income$7,286,000764
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,267,000790
Cash dividends$06,617
Sale, conversion, retirement of capital stock, net$0922
Net operating income$3,813,3601,359
2000-12-31 (YTD Data)Rank
Total interest income$59,005,000625
Total interest expense$27,576,000671
Net interest income$31,429,000595
Provision for loan and lease losses$08,337
Total noninterest income$11,138,000543
Gross Fiduciary activities income$01,332
Service charges on deposit accounts$2,369,000563
Trading account gains and fees$0180
Additional Noninterest Income$8,769,000454
Total noninterest expense$36,974,000448
Salaries and employee benefits$14,340,000512
Premises and equipment expense$5,233,000438
Additional noninterest expense$17,401,000388
Pre-tax net operating income$5,593,0001,320
Securities gains (losses)$766,000191
Applicable income taxes$4,389,000596
Income before extraordinary items$1,970,0002,608
Extraordinary gains, net$038
Net income$1,970,0002,607
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$3,488,000342
Cash dividends$06,853
Sale, conversion, retirement of capital stock, net$0969
Net operating income$1,479,7603,284
1999-12-31 (YTD Data)Rank
Total interest income$24,804,0001,306
Total interest expense$10,203,0001,472
Net interest income$14,601,0001,208
Provision for loan and lease losses$356,0002,323
Total noninterest income$10,692,000594
Gross Fiduciary activities income$2,701,000273
Service charges on deposit accounts$895,0001,450
Trading account gains and fees$0173
Additional Noninterest Income$7,096,000532
Total noninterest expense$16,042,000896
Salaries and employee benefits$6,909,000999
Premises and equipment expense$1,417,0001,447
Additional noninterest expense$7,716,000724
Pre-tax net operating income$8,895,000919
Securities gains (losses)$03,155
Applicable income taxes$2,994,000884
Income before extraordinary items$5,901,000946
Extraordinary gains, net$035
Net income$5,901,000946
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$319,0001,719
Cash dividends$3,748,000816
Sale, conversion, retirement of capital stock, net$01,035
Net operating income$5,901,000933
1998-12-31 (YTD Data)Rank
Total interest income$26,885,0001,205
Total interest expense$11,749,0001,322
Net interest income$15,136,0001,115
Provision for loan and lease losses$275,0002,807
Total noninterest income$10,040,000601
Gross Fiduciary activities income$2,270,000292
Service charges on deposit accounts$885,0001,414
Trading account gains and fees$0224
Additional Noninterest Income$6,885,000532
Total noninterest expense$15,799,000890
Salaries and employee benefits$6,441,0001,015
Premises and equipment expense$1,516,0001,268
Additional noninterest expense$7,842,000701
Pre-tax net operating income$9,102,000861
Securities gains (losses)$04,449
Applicable income taxes$3,089,000847
Income before extraordinary items$6,013,000903
Extraordinary gains, net$032
Net income$6,013,000902
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$464,0001,337
Cash dividends$3,751,000825
Sale, conversion, retirement of capital stock, net$01,027
Net operating income$6,013,000867
1997-12-31 (YTD Data)Rank
Total interest income$25,710,0001,303
Total interest expense$10,614,0001,469
Net interest income$15,096,0001,166
Provision for loan and lease losses$817,0001,161
Total noninterest income$7,330,000710
Gross Fiduciary activities income$1,990,000325
Service charges on deposit accounts$995,0001,289
Trading account gains and fees$0239
Additional Noninterest Income$4,345,000678
Total noninterest expense$14,531,000957
Salaries and employee benefits$6,437,0001,027
Premises and equipment expense$1,511,0001,296
Additional noninterest expense$6,583,000790
Pre-tax net operating income$7,078,0001,129
Securities gains (losses)$03,944
Applicable income taxes$2,325,0001,168
Income before extraordinary items$4,753,0001,164
Extraordinary gains, net$044
Net income$4,753,0001,165
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$337,0001,818
Cash dividends$3,389,000850
Sale, conversion, retirement of capital stock, net$01,030
Net operating income$4,753,0001,137
1996-12-31 (YTD Data)Rank
Total interest income$23,960,0001,424
Total interest expense$9,458,0001,669
Net interest income$14,502,0001,239
Provision for loan and lease losses$823,0001,180
Total noninterest income$6,416,000805
Gross Fiduciary activities income$1,820,000372
Service charges on deposit accounts$838,0001,598
Trading account gains and fees$0262
Additional Noninterest Income$3,758,000767
Total noninterest expense$14,089,0001,065
Salaries and employee benefits$6,332,0001,053
Premises and equipment expense$1,458,0001,396
Additional noninterest expense$6,299,000957
Pre-tax net operating income$6,006,0001,204
Securities gains (losses)$-44,00010,992
Applicable income taxes$1,875,0001,310
Income before extraordinary items$4,087,0001,234
Extraordinary gains, net$053
Net income$4,087,0001,235
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$382,0001,742
Cash dividends$3,367,000874
Sale, conversion, retirement of capital stock, net$0953
Net operating income$4,117,3601,198
1995-12-31 (YTD Data)Rank
Total interest income$23,848,0001,445
Total interest expense$9,164,0001,730
Net interest income$14,684,0001,225
Provision for loan and lease losses$610,0001,325
Total noninterest income$5,255,000926
Gross Fiduciary activities income$1,662,000415
Service charges on deposit accounts$844,0001,598
Trading account gains and fees$9,000434
Additional Noninterest Income$2,740,000937
Total noninterest expense$14,047,0001,070
Salaries and employee benefits$6,293,0001,089
Premises and equipment expense$1,420,0001,447
Additional noninterest expense$6,334,000933
Pre-tax net operating income$5,282,0001,432
Securities gains (losses)$-42,00011,077
Applicable income taxes$1,560,0001,592
Income before extraordinary items$3,680,0001,411
Extraordinary gains, net$065
Net income$3,680,0001,409
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$332,0001,818
Cash dividends$2,924,000945
Sale, conversion, retirement of capital stock, net$0809
Net operating income$3,709,4001,382
1994-12-31 (YTD Data)Rank
Total interest income$22,153,0001,398
Total interest expense$7,354,0001,702
Net interest income$14,799,0001,229
Provision for loan and lease losses$287,0002,361
Total noninterest income$4,896,000940
Gross Fiduciary activities income$1,502,000431
Service charges on deposit accounts$769,0001,757
Trading account gains and fees$4,000418
Additional Noninterest Income$2,621,000960
Total noninterest expense$14,240,0001,055
Salaries and employee benefits$7,390,000922
Premises and equipment expense$1,519,0001,373
Additional noninterest expense$5,331,0001,112
Pre-tax net operating income$5,168,0001,430
Securities gains (losses)$03,600
Applicable income taxes$1,492,0001,563
Income before extraordinary items$3,676,0001,364
Extraordinary gains, net$0249
Net income$3,676,0001,365
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$304,0001,887
Cash dividends$2,162,0001,039
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$3,676,0001,375
1993-12-31 (YTD Data)Rank
Total interest income$23,299,0001,369
Total interest expense$9,005,0001,481
Net interest income$14,294,0001,262
Provision for loan and lease losses$398,0002,482
Total noninterest income$5,027,000977
Gross Fiduciary activities income$1,413,000461
Service charges on deposit accounts$769,0001,779
Trading account gains and fees$-33,0005,102
Additional Noninterest Income$2,878,000989
Total noninterest expense$13,659,0001,153
Salaries and employee benefits$6,787,0001,007
Premises and equipment expense$1,564,0001,365
Additional noninterest expense$5,308,0001,219
Pre-tax net operating income$5,264,0001,328
Securities gains (losses)$07,477
Applicable income taxes$1,580,0001,508
Income before extraordinary items$3,684,0001,380
Extraordinary gains, net$-539,00013,171
Net income$3,145,0001,668
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$256,0002,707
Cash dividends$1,687,0001,179
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$3,684,0001,299
1992-12-31 (YTD Data)Rank
Total interest income$26,309,0001,391
Total interest expense$11,878,0001,488
Net interest income$14,431,0001,287
Provision for loan and lease losses$170,0005,731
Total noninterest income$4,198,0001,105
Gross Fiduciary activities income$1,180,000507
Service charges on deposit accounts$704,0001,921
Trading account gains and fees$23,000360
Additional Noninterest Income$2,291,0001,137
Total noninterest expense$12,546,0001,261
Salaries and employee benefits$5,998,0001,116
Premises and equipment expense$1,343,0001,583
Additional noninterest expense$5,205,0001,269
Pre-tax net operating income$5,913,0001,102
Securities gains (losses)$-3,00012,949
Applicable income taxes$1,862,0001,190
Income before extraordinary items$4,048,0001,155
Extraordinary gains, net$01,422
Net income$4,048,0001,159
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$314,0003,247
Cash dividends$2,178,000785
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$4,050,0401,067

* 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.