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The regulators’ Web sites provide a wealth of information for bank holding companies (BHCs). The FDIC’s Statistics for Depository Institutions (SDI) site ( www4.fdic .gov/sdi /) is the source of BB&T Corp’s Report of Condition and Report of Income presented in Tables 5–3and 5–6 . The data for bank holding companies provided at the FDIC’s site represent combined amounts for all FDIC insured bank and thrift subsidiaries and do not reflect no deposit subsidiaries of parent companies. Visit SDI and search for information for Wells Fargo Corporation. What are the dollar amounts of Total assets, Total liabilities, Total deposits, Net interest income, and Net income for the most recent year-end?
More comprehensive holding company information can be found at the National Information Center’s (NIC’s) Web site maintained by the Federal Financial Institutions Examination Council (FFIEC). Go to www.ffiec.gov/nicpubweb/ nicweb/nichome.aspx, click the button for “Top 50 BHCs,” click the link for Wells Fargo to collect the most recent year-end data from the BHCPR. What are the dollar amounts of Total assets, Total liabilities, Total deposits (you will need to sum the different types of deposits), Net interest income, and Net income? You will see that there is more information available at this site, but it is a little more challenging to sort through. You are interested in the first six pages of consolidated information. Compare and contrast the information found for Wells Fargo at both Web sites.