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Wells Fargo Bank, N.A. Charter Number: 1741

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Wells Fargo Bank, N.A. Charter Number: 1741 LARGE BANK Comptroller of the Currency Administrator of National Banks Public Disclosure September 30, 2004 Community Reinvestment Act Performance Evaluation Wells Fargo Bank, N.A. Charter Number: 1741 101 N. Phillips Avenue Sioux Falls, South Dakota 57104 Office of the Comptroller of the Currency Large Bank Supervision 250 E Street, S.W. Washington, D.C. 20219 NOTE: This document is an evaluation of this institution's record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with safe and sound operation of the institution. This evaluation is not, and should not be construed as, an assessment of the financial condition of this institution. The rating assigned to this institution does not represent an analysis, conclusion, or opinion of the federal financial supervisory agency concerning the safety and soundness of this financial institution. Charter Number: 1741 Table of Contents Definitions and Common Abbreviations .................................................................... 3 Description of Institution ................................................................................................ 8 Description of Evaluation Process............................................................................... 9 General Information and Overall CRA Rating Summary......................................13 Summary of Multi-state Metropolitan Area and State Ratings ...........................17 Primary Rating Areas · Minneapolis-St. Paul-Bloomington MN-WI Multi-State MSA .................................19 · Arizona........................................................................................................................... 31 · California ....................................................................................................................... 43 · Colorado........................................................................................................................ 71 · Texas ............................................................................................................................. 82 Other Rating Areas · Davenport-Moline-Rock Island (IA - IL) Multi-State MSA.....................................104 · Fargo-Moorhead (ND – MN) Multi-State MSA.......................................................107 · Las Vegas (NV – AZ) Multi-State MSA ...................................................................110 · Portland-Vancouver (OR - WA) Multi-State MSA..................................................113 · Alaska ................................................................................................................... 116 · Idaho ..................................................................................................................119 · Illinois .......................................................................................................................... 122 · Indiana ................................................................................................................... 125 · Iowa ......................................................................................................................... 129 · Michigan...................................................................................................................... 133 · Minnesota.................................................................................................................... 136 · Montana....................................................................................................................... 140 · Nebraska..................................................................................................................... 144 · Nevada .................................................................................................................. 147 · New Mexico ................................................................................................................ 150 · North Dakota............................................................................................................... 154 · Ohio ......................................................................................................................... 158 · Oregon......................................................................................................................... 161 · South Dakota .............................................................................................................. 165 · Utah ....................................................................................................................... 169 · Washington .............................................................................................................. 173 · Wisconsin ................................................................................................................. 177 · Wyoming .................................................................................................................. 182 1 Charter Number: 1741 Appendix Appendix A: Scope of Evaluation .......................................................................... A-1 · History of Wells Fargo Bank, N.A. ......................................................................... A-7 Appendix B: Market Profiles of Primary Rated Areas........................................ B-1 Appendix C: Ratings Chart ..................................................................................... C-1 Appendix D: Tables of Performance Data ......................................................... D- 1 · Davenport-Moline-Rock-Island (IA-IL) Multi-State MSA .................................. D-5 · Fargo-Moorhead (ND-MN) Multi-State MSA .................................................. D-13 · Las Vegas (NV-AZ) Multi-State MSA ............................................................... D-21 · Minneapolis-St. Paul-Bloomington (MN-WI) Multi-State MSA ...................... D-29 · Portland-Vancouver-Beaverton (OR-WA) Multi-State MSA .......................... D-37 · Alaska ....................................................................................................................D-45 · Arizona ....................................................................................................................D-53 · California ................................................................................................................D-67 · Colorado .................................................................................................................D-97 · Idaho ....................................................................................................................D-112 · Illinois ...................................................................................................................D-120 · Indiana ................................................................................................................D-128 · Iowa ....................................................................................................................D-136 · Michigan ..............................................................................................................D-150 · Minnesota ...........................................................................................................D-158 · Montana ...............................................................................................................D-172 · Nebraska .............................................................................................................D-185 · Nevada ................................................................................................................D-193 · New Mexico ........................................................................................................D-201 · North Dakota .......................................................................................................D-212 · Ohio ....................................................................................................................D-224 · Oregon .................................................................................................................D-232 · South Dakota ......................................................................................................D-247 · Texas ...................................................................................................................D-257 · Utah ....................................................................................................................D-287 · Washington .........................................................................................................D-295 · Wisconsin ............................................................................................................D-310 · Wyoming ..............................................................................................................D-325 2 Charter Number: 1741 Definitions and Common Abbreviations The following terms and abbreviations are used throughout this Performance Evaluation. The definitions are intended to provide the reader with a general understanding of the terms, not a strict legal definition. Affiliate - Any company that controls, is controlled by, or is under common control with another company. A company is under common control with another company if both companies are directly or indirectly controlled by the same company. A bank subsidiary is controlled by the bank and is, therefore,
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