EX-99.7 3 d194618dex997.htm EXHIBIT 7 Exhibit 7

Exhibit 7

Consolidated Report of Condition of

Wells Fargo Bank National Association

of 101 North Phillips Avenue, Sioux Falls, SD 57104

And Foreign and Domestic Subsidiaries,

at the close of business June 30, 2021, filed in accordance with 12 U.S.C. §161 for National Banks.

 

            Dollar Amounts
In Millions
 

ASSETS

     

Cash and balances due from depository institutions:

     

Noninterest-bearing balances and currency and coin

      $ 24,485  

Interest-bearing balances

        246,726  

Securities:

     

Held-to-maturity securities

        260,942  

Available-for-sale securities

        179,533  

Equity Securities with readily determinable fair value not held for trading

        11  

Federal funds sold and securities purchased under agreements to resell:

     

Federal funds sold in domestic offices

        66  

Securities purchased under agreements to resell

        69,654  

Loans and lease financing receivables:

     

Loans and leases held for sale

        23,048  

Loans and leases, net of unearned income

     814,518     

LESS: Allowance for loan and lease losses

     14,938     

Loans and leases, net of unearned income and allowance

        799,580  

Trading Assets

        67,985  

Premises and fixed assets (including capitalized leases)

        10,914  

Other real estate owned

        148  

Investments in unconsolidated subsidiaries and associated companies

        13,445  

Direct and indirect investments in real estate ventures

        68  

Intangible assets

        30,685  

Other assets

        49,428  
     

 

 

 

Total assets

      $ 1,776,718  

LIABILITIES

     

Deposits:

     

In domestic offices

      $ 1,465,966  

Noninterest-bearing

     559,946     

Interest-bearing

     906,020     

In foreign offices, Edge and Agreement subsidiaries, and IBFs

        28,631  

Noninterest-bearing

     249     

Interest-bearing

     28,382     

Federal funds purchased and securities sold under agreements to repurchase:

     

Federal funds purchased in domestic offices

        3,784  

Securities sold under agreements to repurchase

        5,311  


            Dollar Amounts
In Millions
 

Trading liabilities

        13,392  

Other borrowed money

                          

(Includes mortgage indebtedness and obligations under capitalized leases)

        41,650  

Subordinated notes and debentures

        12,084  

Other liabilities

        33,330  
     

 

 

 

Total liabilities

      $ 1,604,148  

EQUITY CAPITAL

     

Perpetual preferred stock and related surplus

        0  

Common stock

        519  

Surplus (exclude all surplus related to preferred stock)

        114,820  

Retained earnings

        55,913  

Accumulated other comprehensive income

        1,287  

Other equity capital components

        0  
     

 

 

 

Total bank equity capital

        172,539  

Noncontrolling (minority) interests in consolidated subsidiaries

        31  

Total equity capital

        172,570  
     

 

 

 

Total liabilities, and equity capital

      $ 1,776,718  

I, Michael P. Santomassimo, Sr. EVP & CFO of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.

Michael P. Santomassimo

Sr. EVP & CFO                

We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.

Directors

Maria R. Morris

Theodore F. Craver, Jr.

Juan A. Pujadas