Call reports 2008
WELLS FARGO HSBC TRADE BANK, NATIONAL ASSOCIATION — 2008
What WELLS FARGO HSBC TRADE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 1,849,928,000 | 2,016,111,000 | 1,830,609,000 | 1,742,460,000 |
| Total loans | 1,800,160,000 | 1,961,797,000 | 1,741,195,000 | 1,690,819,000 |
| Allowance for loan losses | 14,664,000 | 15,988,000 | 16,108,000 | 17,254,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 10,869,000 | 6,506,000 | 7,625,000 | 15,929,000 |
| Total deposits | 66,392,000 | 74,470,000 | 66,484,000 | 102,109,000 |
| Interest-bearing deposits | 65,000,000 | 65,000,000 | 65,000,000 | 65,000,000 |
| Noninterest-bearing deposits | 1,392,000 | 9,470,000 | 1,484,000 | 37,109,000 |
| Equity capital | 214,977,000 | 224,278,000 | 223,941,000 | 233,789,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 23,127,000 | 42,942,000 | 61,797,000 | 78,204,000 |
| Interest expense | 9,361,000 | 16,052,000 | 22,349,000 | 25,063,000 |
| Net interest income | 13,766,000 | 26,890,000 | 39,448,000 | 53,141,000 |
| Noninterest income | 15,434,000 | 31,606,000 | 48,875,000 | 66,226,000 |
| Noninterest expense | 13,663,000 | 26,169,000 | 40,804,000 | 53,026,000 |
| Provision for loan losses | 5,601,000 | 6,925,000 | 22,662,000 | 25,105,000 |
| Pretax income | 9,936,000 | 25,402,000 | 24,857,000 | 41,236,000 |
| Income tax | 3,961,000 | 10,126,000 | 9,918,000 | 16,449,000 |
| Net income | 5,975,000 | 15,276,000 | 14,939,000 | 24,787,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 214,896,000 | 224,197,000 | 223,860,000 | 233,708,000 |
| Total capital | 297,891,000 | 307,567,000 | 307,604,000 | 317,827,000 |
| Risk-weighted assets | 2,525,290,000 | 2,483,060,000 | 2,469,751,000 | 2,244,188,000 |