EX-99.7 7 d368472dex997.htm COPY OF THE LATEST REPORT OF CONDITION Copy of the latest report of condition

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 March 31, 2012, 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

   $ 17,216   

Interest-bearing balances

     49,902   

Securities:

  

Held-to-maturity securities

     0   

Available-for-sale securities

     204,705   

Federal funds sold and securities purchased under agreements to resell:

  

Federal funds sold in domestic offices

     834   

Securities purchased under agreements to resell

     24,346   

Loans and lease financing receivables:

  

Loans and leases held for sale

     28,995   

Loans and leases, net of unearned income

     710,355   

LESS: Allowance for loan and lease losses

     15,934   

Loans and leases, net of unearned income and allowance

     694,421   

Trading Assets

     50,280   

Premises and fixed assets (including capitalized leases)

     7,788   

Other real estate owned

     4,449   

Investments in unconsolidated subsidiaries and associated companies

     579   

Direct and indirect investments in real estate ventures

     106   

Intangible assets

  

Goodwill

     21,276   

Other intangible assets

     23,076   

Other assets

     53,844   
  

 

 

 

Total assets

   $ 1,181,817   
  

 

 

 

LIABILITIES

  

Deposits:

  

In domestic offices

   $ 852,986   

Noninterest-bearing

     223,944   

Interest-bearing

     629,042   

In foreign offices, Edge and Agreement subsidiaries, and IBFs

     66,906   

Noninterest-bearing

     2,118   

Interest-bearing

     64,788   

Federal funds purchased and securities sold under agreements to repurchase:

  

Federal funds purchased in domestic offices

     10,453   

Securities sold under agreements to repurchase

     11,665   


     Dollar Amounts
In Millions
 

Trading liabilities

     20,434   

Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)

     38,145   

Subordinated notes and debentures

     18,384   

Other liabilities

     37,006   
  

 

 

 

Total liabilities

   $ 1,055,979   

EQUITY CAPITAL

  

Perpetual preferred stock and related surplus

     0   

Common stock

     519   

Surplus (exclude all surplus related to preferred stock)

     99,458   

Retained earnings

     19,264   

Accumulated other comprehensive income

     5,478   

Other equity capital components

     0   
  

 

 

 

Total bank equity capital

     124,719   

Noncontrolling (minority) interests in consolidated subsidiaries

     1,119   
  

 

 

 

Total equity capital

     125,838   
  

 

 

 

Total liabilities, and equity capital

   $ 1,181,817   
  

 

 

 

I, Timothy J. Sloan, 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.

 

   Timothy J. Sloan
   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.

 

John Stumpf   

Directors

Avid Modjtabai   
Michael Loughlin