EX-7 3 f99834exv7.htm EXHIBIT 7 exv7
 

EXHIBIT 7

Consolidated Report of Condition of

Wells Fargo Bank National Association
of 420 Montgomery Street, San Francisco, CA 94163
And Foreign and Domestic Subsidiaries,
at the close of business December 31, 2003, 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
  $ 11,411  
       
Interest-bearing balances
    3,845  
Securities:
       
 
Held-to-maturity securities
    0  
 
Available-for-sale securities
    17,052  
Federal funds sold and securities purchased under agreements to resell:
       
     
Federal funds sold in domestic offices
    516  
     
Securities purchased under agreements to resell
    109  
Loans and lease financing receivables:
       
     
Loans and leases held for sale
    14,571  
     
Loans and leases, net of unearned income
    172,511  
     
LESS: Allowance for loan and lease losses
    1,554  
     
Loans and leases, net of unearned income and allowance
    170,957  
Trading Assets
    6,255  
Premises and fixed assets (including capitalized leases)
    2,067  
Other real estate owned
    144  
Investments in unconsolidated subsidiaries and associated companies
    306  
Customers’ liability to this bank on acceptances outstanding
    68  
Intangible assets
       
     
Goodwill
    6,814  
     
Other intangible assets
    7,501  
Other assets
    8,858  
 
   
 
Total assets
  $ 250,474  
 
   
 
LIABILITIES
       
Deposits:
       
       
In domestic offices
  $ 157,695  
       
Noninterest-bearing
    44,315  
       
Interest-bearing
    113,380  
       
In foreign offices, Edge and Agreement subsidiaries, and IBFs
    16,249  
       
Noninterest-bearing
    6  
       
Interest-bearing
    16,243  
Federal funds purchased and securities sold under agreements to repurchase:
       
     
Federal funds purchased in domestic offices
    14,685  
     
Securities sold under agreements to repurchase
    1,613  

 


 

         
      Dollar Amounts  
      In Millions  
     
 
Trading liabilities
    4,277  
Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)
    18,212  
Bank’s liability on acceptances executed and outstanding
    68  
Subordinated notes and debentures
    6,742  
Other liabilities
    7,358  
 
     
Total liabilities
  $ 226,899  
Minority interest in consolidated subsidiaries
    60  
EQUITY CAPITAL
       
Perpetual preferred stock and related surplus
    0  
Common stock
    520  
Surplus (exclude all surplus related to preferred stock)
    17,709  
Retained earnings
    4,920  
Accumulated other comprehensive income
    366  
Other equity capital components
    0  
 
     
Total equity capital
    23,515  
 
     
Total liabilities, minority interest, and equity capital
  $ 250,474  
 
   
 

I, James E. Hanson, Vice President 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.

James E. Hanson
Vice President

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.

         
Carrie L. Tolstedt
Howard Atkins
  Directors
John Stumpf