Bank of the West 2013 Annual Report Download - page 16

Download and view the complete annual report

Please find page 16 of the 2013 Bank of the West annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 16

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16

FINANCIAL HIGHLIGHTS
AUDITED FINANCIAL STATEMENTS
The financial highlights immediately below are extracted from the Bank’s audited financial statements for 2013.
These detailed financial statements are available online to print at: https://www.bankofthewest.com/about-us/
our-company/annual-reports.html
(dollar amounts in thousands) 2013 2012 2011
Net interest income $1,870,301 $1,900,472 $1,908,243
Total noninterest income 552,513 605,113 514,660
Total noninterest expense 1,475,372 1,464,556 1,407,995
Net income (loss) 560,605 555,203 442,011
Return on average assets 0.88% 0.88% 0.74%
Total assets 66,467,781 63,343,359 62,408,304
Total loans and leases 47,343,690 45,252,632 43,671,903
Total deposits 48,372,468 47,107,437 43,995,196
Total risk-based capital ratio 15.67% 15.95% 15.45%
STRONG CREDIT RATINGS
Credit ratings* are a key measure of capital strength
and financial stability. They are also recognition from
rating agencies of a strong balance sheet and consistent
financial performance.
Agency Rating
Moody’s A2
Standard & Poor’s A
Fitch A+
*Long-term deposit ratings
STRONG CAPITAL POSITION
Bank of the West is one of the largest commercial banks
in the United States. Our capital ratios exceed regulatory
requirements by a wide margin as shown.
Agency Bank of the West
Q4
Well-Capitalized
Requirement
Tier 1 Leverage Ratio 12.38% 5.00%
Tier 1 Risk-Based Capital Ratio 14.42% 6.00%
Total Risk-Based Capital Ratio 15.67% 10.00%
As of December 31, 2013