About Wells Fargo Bank, National Association

Wells Fargo Bank, National Association was established on 1870. The bank's headquarters are located at 101 N. Phillips Avenue in Sioux Falls, South Dakota. It has 5 branches.

Wells Fargo Bank, National Association is an FDIC insured bank with FDIC number 3511 managing assets to the value of $1,712,535,000 as of 9/30/2022.

Wells Fargo Bank, National Association has a Texas ratio of 5.82%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

5.82%
Texas Ratio
FDIC Certificate #

3511

Active Insured Since #

1/1/1934

Financial Profile

Dollar figures in thousands (000's)

As of 9/30/2022
Total Assets $1,712,535,000
Equity Capital $162,382,000
Total Deposits $1,462,385,000
Total Liabilities $1,550,153,000
Total Securities $418,452,000
Net Loans And Leases $898,652,000
Loan Loss Allowance $11,629,000
Total Loans And Leases $910,281,000
YTD (as of 9/30/2022)
Return On Assets 868,670,100.00%
Return On Equity 9,151,548,000.00%
Total Interest Income $20,309,000
Total Interest Expense $641,000
Total Non Interest Income $10,960,000
Total Non Interest Expense $21,645,000

Headquarters

101 N. Phillips Avenue 57104, Sioux Falls

Wells Fargo Bank, National Association branches near me

Total Loans and Leases Statistics

Total Loans and Leases $910,281,000 In thousands (000's) * All data provided by fdic.gov updated 9/30/2022

Wells Fargo Bank, National Association Mortgage Loans Profile

Classic Bank

28.16%

Application Approval Rate

Classic Bank

$430,816

Average Mortgage Loan Amount

Classic Bank

1,026,206

Number of Loan Applications

Classic Bank

$199,584

Average Income of Applicants with Approved Loans

Classic Bank

969,275,500.00%

Average Cost of Loans

Classic Bank

316,100.00%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Los Angeles

Number of Loan Applications
31,328
Average Loan Amount
$731,322
Approval Rate
35.83%
Average Income of Approved Loans’ Applicants
$329,271

2 Maricopa

Number of Loan Applications
21,590
Average Loan Amount
$306,205
Approval Rate
29.40%
Average Income of Approved Loans’ Applicants
$149,823

3 Cook

Number of Loan Applications
15,313
Average Loan Amount
$556,735
Approval Rate
21.15%
Average Income of Approved Loans’ Applicants
$220,470

4 Santa Clara

Number of Loan Applications
14,915
Average Loan Amount
$894,069
Approval Rate
53.36%
Average Income of Approved Loans’ Applicants
$323,448

5 Orange

Number of Loan Applications
14,105
Average Loan Amount
$784,016
Approval Rate
40.94%
Average Income of Approved Loans’ Applicants
$342,780

6 San Diego

Number of Loan Applications
13,456
Average Loan Amount
$708,350
Approval Rate
36.30%
Average Income of Approved Loans’ Applicants
$285,598

Top States by Number of Mortgage Loan Applications

1 California

Number of Loan Applications
169,092
Average Loan Amount
$658,036
Approval Rate
39.03%
Average Income of Approved Loans’ Applicants
$275,727

2 Texas

Number of Loan Applications
84,147
Average Loan Amount
$325,834
Approval Rate
19.46%
Average Income of Approved Loans’ Applicants
$168,535

3 Florida

Number of Loan Applications
79,072
Average Loan Amount
$324,047
Approval Rate
22.09%
Average Income of Approved Loans’ Applicants
$167,457

4 North Carolina

Number of Loan Applications
44,884
Average Loan Amount
$331,922
Approval Rate
32.39%
Average Income of Approved Loans’ Applicants
$139,236

5 New York

Number of Loan Applications
41,969
Average Loan Amount
$831,696
Approval Rate
34.67%
Average Income of Approved Loans’ Applicants
$352,473

6 Pennsylvania

Number of Loan Applications
41,414
Average Loan Amount
$246,873
Approval Rate
22.17%
Average Income of Approved Loans’ Applicants
$150,899