Call reports 2004
WELLS FARGO HSBC TRADE BANK, NATIONAL ASSOCIATION — 2004
What WELLS FARGO HSBC TRADE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 910,604,000 | 967,211,000 | 1,012,709,000 | 980,528,000 |
| Total loans | 853,990,000 | 918,974,000 | 962,322,000 | 948,100,000 |
| Allowance for loan losses | 15,492,000 | 15,492,000 | 13,499,000 | 12,148,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 480,000 | 745,000 | 627,000 |
| Total deposits | 65,000,000 | 67,248,000 | 65,824,000 | 65,349,000 |
| Interest-bearing deposits | 65,000,000 | 65,000,000 | 65,000,000 | 65,000,000 |
| Noninterest-bearing deposits | 0 | 2,248,000 | 824,000 | 349,000 |
| Equity capital | 94,480,000 | 91,654,000 | 96,373,000 | 101,514,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 6,486,000 | 14,054,000 | 22,557,000 | 32,660,000 |
| Interest expense | 1,710,000 | 3,672,000 | 6,455,000 | 10,432,000 |
| Net interest income | 4,776,000 | 10,382,000 | 16,102,000 | 22,228,000 |
| Noninterest income | 10,846,000 | 22,131,000 | 33,642,000 | 45,997,000 |
| Noninterest expense | 8,654,000 | 17,752,000 | 27,109,000 | 36,656,000 |
| Provision for loan losses | 0 | 0 | 0 | 373,000 |
| Pretax income | 6,968,000 | 14,761,000 | 22,635,000 | 31,196,000 |
| Income tax | 2,788,000 | 5,907,000 | 9,062,000 | 12,482,000 |
| Net income | 4,180,000 | 8,854,000 | 13,573,000 | 18,714,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 94,429,000 | 91,603,000 | 96,322,000 | 101,463,000 |
| Total capital | 134,692,000 | 132,876,000 | 137,882,000 | 143,023,000 |
| Risk-weighted assets | 1,135,665,000 | 1,217,465,000 | 1,317,873,000 | 1,288,913,000 |