Call reports 2023
WELLS FARGO BANK SOUTH CENTRAL, NATIONAL ASSOCIATION — 2023
What WELLS FARGO BANK SOUTH CENTRAL, NATIONAL ASSOCIATION reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 4,486,686,000 | 4,024,529,000 | 3,775,791,000 | 3,927,712,000 |
| Total loans | 2,839,113,000 | 2,667,576,000 | 2,576,233,000 | 2,488,246,000 |
| Allowance for loan losses | 6,262,000 | 5,628,000 | 6,252,000 | 6,110,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,651,107,000 | 3,114,665,000 | 2,825,511,000 | 3,004,526,000 |
| Interest-bearing deposits | 3,651,107,000 | 3,114,665,000 | 2,825,511,000 | 3,004,526,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 751,949,000 | 755,952,000 | 763,522,000 | 753,011,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 48,564,000 | 89,959,000 | 129,271,000 | 167,811,000 |
| Interest expense | 41,997,000 | 75,520,000 | 106,945,000 | 135,798,000 |
| Net interest income | 6,567,000 | 14,439,000 | 22,326,000 | 32,013,000 |
| Noninterest income | 7,374,000 | 8,054,000 | 8,342,000 | 8,816,000 |
| Noninterest expense | 4,675,000 | 8,947,000 | 13,143,000 | 19,949,000 |
| Provision for loan losses | 740,000 | 407,000 | 1,075,000 | 930,000 |
| Pretax income | 8,526,000 | 13,139,000 | 16,450,000 | 19,950,000 |
| Income tax | 2,268,000 | 2,878,000 | 3,918,000 | 3,957,000 |
| Net income | 6,258,000 | 10,261,000 | 12,532,000 | 15,993,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 751,083,000 | 755,952,000 | 758,223,000 | 761,684,000 |
| Total capital | 758,002,000 | 762,112,000 | 765,024,000 | 768,338,000 |
| Risk-weighted assets | 1,760,652,000 | 1,594,657,000 | 1,543,754,000 | 1,534,141,000 |