EXHIBIT 7

 

Consolidated Report of Condition of

 

Wells Fargo Bank National Association

of 101 North Phillips Avenue, Sioux Falls, SD 57104

And Foreign and Domestic Subsidiaries,

at the close of business September 30, 2012, filed in accordance with 12 U.S.C. §161 for National Banks.

 

 

 

Dollar Amounts

 

 

 

In Millions

 

ASSETS

 

 

 

Cash and balances due from depository institutions:

 

 

 

Noninterest-bearing balances and currency and coin

 

$

16,931

 

Interest-bearing balances

 

74,188

 

Securities:

 

 

 

Held-to-maturity securities

 

0

 

Available-for-sale securities

 

204,296

 

Federal funds sold and securities purchased under agreements to resell:

 

 

 

Federal funds sold in domestic offices

 

30

 

Securities purchased under agreements to resell

 

24,666

 

Loans and lease financing receivables:

 

 

 

Loans and leases held for sale

 

31,929

 

Loans and leases, net of unearned income

 

728,980

 

LESS: Allowance for loan and lease losses

 

14,500

 

Loans and leases, net of unearned income and allowance

 

714,480

 

Trading Assets

 

40,930

 

Premises and fixed assets (including capitalized leases)

 

7,618

 

Other real estate owned

 

4,074

 

Investments in unconsolidated subsidiaries and associated companies

 

581

 

Direct and indirect investments in real estate ventures

 

86

 

Intangible assets

 

 

 

Goodwill

 

21,545

 

Other intangible assets

 

19,703

 

Other assets

 

57,739

 

 

 

 

 

Total assets

 

$

1,218,796

 

 

 

 

 

LIABILITIES

 

 

 

Deposits:

 

 

 

In domestic offices

 

$

876,434

 

Noninterest-bearing

 

234,742

 

Interest-bearing

 

641,692

 

In foreign offices, Edge and Agreement subsidiaries, and IBFs

 

76,676

 

Noninterest-bearing

 

2,323

 

Interest-bearing

 

74,353

 

Federal funds purchased and securities sold under agreements to repurchase:

 

 

 

Federal funds purchased in domestic offices

 

8,985

 

Securities sold under agreements to repurchase

 

11,823

 

 



 

 

 

Dollar Amounts

 

 

 

In Millions

 

Trading liabilities

 

23,232

 

Other borrowed money
(includes mortgage indebtedness and obligations under capitalized leases)

 

39,783

 

Subordinated notes and debentures

 

16,786

 

Other liabilities

 

35,449

 

 

 

 

 

Total liabilities

 

$

1,089,168

 

 

 

 

 

EQUITY CAPITAL

 

 

 

Perpetual preferred stock and related surplus

 

0

 

Common stock

 

519

 

Surplus (exclude all surplus related to preferred stock)

 

99,518

 

Retained earnings

 

20,950

 

Accumulated other comprehensive income

 

7,541

 

Other equity capital components

 

0

 

 

 

 

 

Total bank equity capital

 

128,528

 

Noncontrolling (minority) interests in consolidated subsidiaries

 

1,100

 

 

 

 

 

Total equity capital

 

129,628

 

 

 

 

 

Total liabilities, and equity capital

 

$

1,218,796

 

 

I, Timothy J. Sloan, EVP & CFO of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.

 

 

Timothy J. Sloan

 

 EVP & CFO

 

We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.

 

John Stumpf

Directors

David Hoyt

 

Carrie Tolstedt