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ay-22-02 15:02 From-ECNO BAY MINES <br />Wells Fargo Pinattdal includes consumer finance and <br />aum finance operations. Consumer fislance operations <br />• mako dirca loans m consumers and purchase sskc finance <br />contracts from rocai! merclsalns from offices throtlghoue <br />the Unfired States and Canada and in the Caribbean and <br />Ladn America. Atrsomobik fiosnee operations specialiu <br />in purchasing Bales finance t>ot3trarss duecrly from aluomo- <br />bile daaless and making loans secured by au[omobiles in <br />the United Starts and Puerto Rico. Credit cards arc offered <br />co consuaslr finance nsscomers through ewo eredis card <br />banlu. Wells Fargo Finattcial also provides lease and other <br />emm~tecciet fuuncing and provides information services m <br />the consumer finance industry. <br />(incomd/xp4rd0 M mlllbns. <br />avenge balances in bdriorti) <br />2001 <br />tie[ In[erest ineotne m <br />Provision for loan bases <br />NOninterest income <br />Nortimerest expettx <br />inwme (loss) before Income tax expetlsn (boneAd <br />klwrne tax estpense Ibenefid 4U <br />Net inwme loss) <br />Less: Impairment atw omar spalal charges )after lax) bt <br />Net inwme grass) eulttdhtg impairmem and <br />Ollrer special [Aargls <br />21b0 <br />Net incerest income ill <br />Pravnion fw loan bases <br />Naninxrest irKOrtle <br />Noninteres[ expense <br />• mcome(loss)before incometax expense (henebd <br />lncanr tax expense Oxne6d w <br />Net income Oou) <br />1999 <br />Net interest inctxne nl <br />Provisbn for loan losses <br />Nrminmrest inwme <br />Noninttrest expenu <br />inrome floss) before inwme tax expense ioerle6d <br />income tax lzpense (cene60 or <br />Net incomes (loss) <br />1001 <br />Average loans <br />Average urea <br />Average core tigaoslu <br />2000 <br />Average loans <br />Average users <br />Average rrne depoda <br />3037148645 <br />T-067 P.03/OT F-366 <br />The Retw>tCiliation Column includes unallocated <br />goodwill, [he na impacc of transfer pricing loan and <br />deposit balances, the cob[ of ottemal debt, a0d any <br />cesidval effeca of unallomtcd ayetems and other support <br />groups. k also includes rltevapaa of assetlliabiliry <br />strattgia tht Company has put in place to manage <br />iacrseas tau sensitivity at chc eonsohdatad level. <br />Corntnuniry Wholesale Welh feK <br />)o Reconciliation Consolidated <br />Bengng Banking , <br />Fitvnclal COlumnl'i Canpany <br />58,9[0 51,969 S1b79 S (98) St2a60 <br />1A15 278 187 - 1,780 <br />5,189 2,115 371 17 7,890 <br />3 ~~ _1a49~ ]32 12A97 <br />966 ) <br />7 <br />5~ 179 - 36) <br />, <br />11.4@9) 928 <br />J52J 788 f <br />(61 11.1571 <br />3857 ~99= 5 288 355 54580 <br />s )see s 1.9a9 s lazes s (94) S 10,865 <br />849 151 329 - 7,329 <br />8,685 1,768 304 86 8,843 <br />~ _).440 _954 i56 11 8'+0 <br /> <br /> {5 <br />S 3.106 5~ SiZ58 S 3 S 4.026 <br />5 >.479 51,403 51.314 5 (BD) 510,116 <br />712 102 288 2 7,104 <br />6,3» 1,194 311 99 7,975 <br />p 100. t t5a .~52 3a7 jT <br />0.940 1,341 388 (320) 8.]50 <br />t 7n0 x.44 142 ___[9 2338 <br />S 5.24a ~~41 5 243 16 S <br />S 1011 5 50 S 13 8 - 5 163 <br />198 66 is 6 265 <br />152 16 - - 168 <br />S 89 S 46 S 11 5 - 5 146 <br />173 SB 12 7 250 <br />131 15 - - 146 <br />tt) NH Inxren IKOme Isdce NMence exsaveen ectnal lntdesc eamm on assets land inserestpai0 M li+lzaaeo owrwd sN a group anti atwmng dw9e' lane detlib eaee <br />w tae C4misaryY mac offundi Wmmunlg8anilgMdw/nresare fiMtirgare eaargeea con m /uMerryassan (a9., roans) tine are paksa runa+ng rrMrtferanyf <br />provxed fe.g, deaosiol.Tne mceresc spreae is me arrkrerme eetv.aenme Lnrda r.tee.med M an asset a. and on a liabaity and stw Comouyc cot offwws wu. <br />1217axtl wry by geognpNccen[emratlon of retenuegenerazien.Texesas preseneetl may OiBerBwn m<wnwGeamtl Comparcyt e8etdve ax tau as a resort d raxaax- <br />eW1+MMC ayusmxmsmac parnanty rNaie m rncarrr M eerlain roam Mtl umnties rlut b exOTpt rtrxn ([Gera) MO appOnbk Sox Inmmesaxl.Theo/herr ka <br />dxse ediuatmefrsaT hurts M the rtLMdllatien iOiUpxb <br />Cs) Non-rash ImDaemen[ard other slxdal charges rMLgnlutl M tM second 4uanerof ZflOt,aMld1 are bWveee in riornnterese incvme,mamtyrebtM m Impalrmens of <br />puhlktynatled aAtl pNaxequhy seartlnez, pdmaNykl the vdAaR caPiOe port[a60. <br />N)The material items infix nxnndtiaiXn wlumn rdao:tl m revenue g.e, nos Imeren maome Plvs nenlneerese Mmmel and net incano cousin ofTreasury ac Witles sntl <br />unalxxatea I1Mnr.1lerentte mnueesTleuary amvlsks e( 511 MIDan 563 miaiM tine se5 million; ono unslbcacM items of 5(95) mi0iwt 8(711 nxOOrLantl 8(611 mp9en <br />iw 2W1,2ooo and tapa.mpecOwy.Netincomx ineudea Treasury activities of 66 miaxn,S38 mihian and 551 mppon;ard uNReralr-0 items d 613671 mRtxr4513S31 <br />m811M arW SU67) Mpbn ku2m1, 20m and 1999,respecavely7M nutenaz item in sh4 reromiliAtiM column rcbttd m nonintorrn exPMS¢ 4 amor®non of <br />~..aalwmree gmewXl M 53M mp4on,5a=t mlPlen anq Gate m~lDen ter aaat,3ow.wd fYYI, rvaPagiwly.Tlw matonN iwm in aw maor,cii4tion cdvm reaaee w <br />average usltt is txWbcatetl 9ooewi0 0! 56 tuT'xn antl 57 blliian rot 2001 antl 2000,rcspectively. <br />. a6 FINANCUL STATEMENTS <br />