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 WEX Bank
WEX Bank
| RSSD ID 2700984 | CERTIFICATE 34697 | ABA NUMBER 124084643 |
| 7090 South Union Park Avenue, Suite 350 |
Quarter Ended : |
2013-03-31 |
| Midvale, Utah, 84047 |
Updated : |
2013-04-30 |
| www.wrightexpress.com |
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| Institution Profile |
| Year Opened : |
1998 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
|
| Specialization : |
Commercial Lending Specialization |
| Statistical Area (MSA) : |
Salt Lake City-Ogden, UT |
| Interstate Branches : |
No
|
Foreign Offices : |
Yes |
| Number of Offices : |
1 |
Number of Employees : |
35 |
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,639,979 |
|
Total Interest Income | 71,862 |
| Total Liabilities | 1,446,797 |
|
Total NonInterest Income | 38,496 |
| Total Bank Equity Capital | 193,182 |
|
Total Interest Expense | 596 |
| Domestic Deposits | 1,367,828 |
|
Total NonInterest Expense | 53,715 |
| Total Deposits | 1,367,828 |
|
Net Income | 34,077 |
| Net Loans & Leases | 1,303,371 |
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Net Charge Offs | 3,938 |
| Loan Loss Allowance | 6,543 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total risk based capital | 199,606 |
|
Total loans | 1,195,365 |
| Total assets for leverage capital purposes | 1,561,986 |
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Loans secured by real estate: | 540 |
| Tier 1 Leverage Ratio | 12.36 |
|
Commercial and industrial loans | 1,192,561 |
| Tier 1 Risk-based Capital Ratio | 13.67 |
|
Loans to individuals - Credit Cards | 0 |
| Total Risk-based Capital Ratio | 14.13 |
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Loans to individuals - Other | 0 |
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:· WEX Bank
