Call reports 2024
WELLS FARGO BANK SOUTH CENTRAL, NATIONAL ASSOCIATION — 2024
What WELLS FARGO BANK SOUTH CENTRAL, NATIONAL ASSOCIATION reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 3,899,726,000 | 3,780,286,000 | 3,879,943,000 | 4,465,163,000 |
| Total loans | 2,402,270,000 | 2,321,321,000 | 2,236,381,000 | 2,158,296,000 |
| Allowance for loan losses | 4,712,000 | 3,511,000 | 3,390,000 | 3,742,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,864,803,000 | 2,776,761,000 | 2,918,821,000 | 3,501,933,000 |
| Interest-bearing deposits | 2,864,803,000 | 2,776,761,000 | 2,918,821,000 | 3,501,933,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 772,272,000 | 785,260,000 | 784,806,000 | 804,366,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 40,485,000 | 82,503,000 | 124,961,000 | 167,600,000 |
| Interest expense | 26,305,000 | 51,186,000 | 76,017,000 | 100,979,000 |
| Net interest income | 14,180,000 | 31,317,000 | 48,944,000 | 66,621,000 |
| Noninterest income | 815,000 | 642,000 | -28,000 | 45,000 |
| Noninterest expense | 4,499,000 | 7,995,000 | 11,388,000 | 15,145,000 |
| Provision for loan losses | -1,436,000 | -2,624,000 | -2,675,000 | -2,203,000 |
| Pretax income | 11,932,000 | 26,588,000 | 40,203,000 | 53,724,000 |
| Income tax | 2,488,000 | 5,888,000 | 9,178,000 | 7,894,000 |
| Net income | 9,444,000 | 20,700,000 | 31,025,000 | 45,830,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 771,128,000 | 782,384,000 | 792,709,000 | 807,514,000 |
| Total capital | 776,393,000 | 786,499,000 | 796,712,000 | 811,871,000 |
| Risk-weighted assets | 1,517,321,000 | 1,467,113,000 | 1,462,143,000 | 1,550,647,000 |