Bank of the West 2010 Annual Report Download - page 22

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FINANCIAL HIGHLIGHTS
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.
* long-term deposit ratings
Moody’s A1
Standard & Poor’s A+
Fitch AA-
Agency Rating
As of December 31, 2010
STRONG CAPITAL POSITION
Bank of the West is one of the largest commercial banks in
the United States. Our capital position exceeds regulatory
requirements.
Tier 1 Leverage
Ratio 11.22% 5.00%
Tier 1 Risk-Based
Capital Ratio 13.32% 6.00%
Total Risk-Based
Capital Ratio 14.59% 10.00%
Bank of the West Well-Capitalized
Q4, 2010 Requirement
AUDITED FINANCIAL STATEMENTS
The financial highlights immediately below are extracted from the bank’s audited financial statements for
2010. These detailed financial statements are available in print or online at:
https://www.bankofthewest.com/about-us/our-company/annual-reports.html
20
(dollar amounts in thousands) 2010 2009 2008
Net interest income $ 1,783,045 $ 1,704,645 $ 1,749,346
Total noninterest income 358,682 158,408 279,016
Total noninterest expense 1,354,005 1,329,713 1,273,298
Net income (loss) 184,600 (403,356) 92,143
Return on average assets 0.31% (.63)% .15%
Total assets 57,652,826 60,000,590 66,890,239
Total loans and leases 43,115,160 44,476,351 47,194,511
Total deposits 39,547,244 40,205,146 37,261,171
Total risk based capital ratio 14.59% 11.08% 10.44%