Annual Report. Unless an exemption applies, covered transactions by a subsidiary bank with a single affiliate are limited to 10% of the subsidiary bank's capital and surplus and, with respect to all covered transactions with affiliates in the aggregate, to 20% of the subsidiary bank's capital and surplus. Next Annual Report 2009 Next Annual Report 2009. In addition to the base assessments and any surcharge, all FDIC-insured depository institutions must also pay a quarterly assessment towards interest payments on bonds (commonly referred to as FICO bonds) issued by the Financing Corporation, a federal corporation chartered under the authority of the Federal Housing Finance Board. The policies of the FRB may have a material effect on our business, results of operations and financial condition. At December 31, 2016 , we had 269,100 active, full-time equivalent team members. Information is as of December 31, 2016 , unless otherwise indicated. If the Parent failed to pay the assessment within three months, the OCC could order the sale of the Parent's stock in the national bank to cover the deficiency. They also face increased competition from nonbank institutions such as brokerage houses, private equity firms and online lending companies, as well as from financial services subsidiaries of commercial and manufacturing companies. Tim Sloan, President and Chief Executive Officer noted, “Today’s update on Retail Banking trends is part of our ongoing commitment to transparency. The Audit and Examination Committee is a standing audit committee of the Board of Directors established in accordance with Section 3(a)(58)(A) of the Securities Exchange Act of 1934. WELLS FARGO & COMPANY March 16, 2016 Dear Stockholder, The 2016 annual meeting of stockholders of Wells Fargo & Company will be held on April 26, 2016 at 8:00 a.m., Mountain Standard Time, at the Hyatt Regency Scottsdale at Gainey Ranch, 7500 East Doubletree Ranch Road, Scottsdale, Arizona. FDIC-insured depository institutions can be held liable for any loss incurred, or reasonably expected to be incurred, by the FDIC due to the default of an FDIC-insured depository institution controlled by the same bank holding company, and for any assistance provided by the FDIC to an FDIC-insured depository institution that is in danger of default and that is controlled by the same bank holding company. At February 17, 2017, 5,003,367,904 shares of common stock were outstanding. In June 2010, our Board of Directors also authorized the repurchase of up to $1 billion of warrants to purchase our common stock. This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by Wells Fargo Securities, Llc. Incorporated by reference to Exhibit 10(s) to the Company's Annual Report on Form 10-K for the year ended December 31, 2014. In addition to ensuring that the DIF reserve ratio reaches the statutory minimum of 1.35% by September 30, 2020, the FDIC Board has also finalized a comprehensive, long-range plan for DIF management, whereby the DRR has been targeted at 2%. Navegó a una página que no está disponible en español en este momento. The weighted average exercise price per share of our common stock of the outstanding options was $218.89. Wells Fargo & Company 2010 Annual Report. We treat amounts deferred by a participant as if invested in the earnings options selected by the participant, and determine the deferred compensation benefit payable to the participant based on the performance of those earnings options. See the "Regulatory Matters" and "Risk Factors" sections in the 2016 Annual Report to Stockholders for additional information. (Check one): Large accelerated filer  ☑                                Accelerated filer  ¨, Non-accelerated filer  ¨                                  Smaller reporting company  ¨, (Do not check if a smaller reporting company). Information in response to this Item 14 can be found in the Company's 2017 Proxy Statement under "Audit Matters – Item 4 – Appointment of Independent Registered Public Accounting Firm for 2017 – KPMG Fees" and "Audit Matters – Item 4 – Appointment of Independent Registered Public Accounting Firm for 2017 – Audit and Examination Committee Pre-Approval Policies and Procedures." Annual stock financials by MarketWatch. All outstanding awards relate to shares of our common stock. For the Supplemental 401(k) Plan, consists of 2,829,078 shares issuable upon distribution of benefits. The ability of the Parent's subsidiary banks to pay dividends in the future is currently, and could be further, influenced by bank regulatory policies and capital guidelines. Wells Fargo Securities, Llc is a broker-dealer registered with the U.S. Security and Exchange Commission and incorporated in the state of Delaware. Indicate by check mark whether the registrant is a shell Company (as defined in Rule 12b-2 of the Act). Incorporated by reference to Exhibit 10(f) to the Company's Annual Report on Form 10-K for the year ended December 31, 1990. Incorporated by reference to Exhibit 10(c) to the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 1999. Such legislation and regulations could increase our cost of doing business, affect our compensation structure, restrict or expand the activities in which we may engage or affect the competitive balance among banks, savings associations, credit unions, and other financial institutions. Information in response to this Item 13 can be found in the Company's 2017 Proxy Statement under "Corporate Governance – Director Independence" and under "Information About Related Persons." Incorporated by reference to Exhibit (10)(f) to Wachovia Corporation's Current Report on Form 8-K filed December 29, 2008. XBRL Taxonomy Extension Presentation Linkbase Document. regulated by the SEC, the Financial Industry Regulatory Authority (FINRA) and, in some cases, the CFTC and the Municipal Securities Rulemaking Board, and state securities regulators. Non-Qualified Deferred Compensation Plan for Independent, Material Features of Equity Compensation Plans Not Approved by Stockholders. The option price is payable to us in full by methods the Board's Human Resources Committee (HRC) designates, including, but not limited to, in cash or its equivalent, by tendering or withholding shares of our common stock having a fair market value at the time of exercise equal to the total option price, or by a combination of the foregoing. Information in response to this Item 9A can be found in the, 2016 Annual Report to Stockholders under "Controls and. The agencies are authorized to take action against institutions that fail to meet such standards. Our brokerage subsidiaries are. § 1350. Wells Fargo & Company (NYSE:WFC) today reported Retail Banking customer activity data for November 2016. Directors' Stock Deferral Plan for directors of the former Norwest. Description of the Company's Non-Employee Director Equity Compensation Program, effective January 1, 2016. 357. views. Annual Reports Historic annual reports of Wells Fargo Bank (1969-2013) are available for download. Regulators allege millions of … 938. Amended and Restated Wachovia Corporation Deferred Compensation Plan for Non-Employee Directors. As a bank holding company that has elected to become a financial holding company pursuant to the BHC Act, we may affiliate with securities firms and insurance companies and engage in other activities that are financial in nature or incidental or complementary to activities that are financial in nature. Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. That information is incorporated into this item by reference. FRB approval is generally not required for us to acquire a company (other than a bank holding company, bank or savings association) engaged in activities that are financial in nature or incidental to activities that are financial in nature, as determined by the FRB. In addition, the FRB closely monitors capital levels of the institutions it supervises and may require such institutions to modify capital levels based on FRB determinations. To maintain the DIF, member institutions are assessed an insurance premium based on an assessment base and an assessment rate. Mr. Codel has served with the Company or its predecessors for 23 years. They may also require us to provide financial support to one or more of our subsidiary banks, maintain capital balances in excess of amounts desired by management, and pay higher deposit insurance premiums as a result of a general deterioration in the financial condition of depository institutions. Various federal and state statutory provisions and regulations limit the amount of dividends the Parent's subsidiary banks and certain other subsidiaries may pay without regulatory approval. Amendments to Wachovia Corporation Savings Restoration Plan, effective August 1, 2016. Amendment to Deferral Plan, effective January 1, 2004. Banking statutes, regulations and policies are continually under review by Congress and state legislatures and federal and state regulatory agencies, as well as foreign governments and financial regulators, and a change in them, including changes in how they are interpreted or implemented, could have a material effect on our business. The foreign branches and representative offices of our subsidiary national banks are subject to regulation and examination by their respective foreign financial regulators as well as by the OCC and the FRB. The regulatory framework applicable to bank holding companies is intended to protect depositors, federal deposit insurance funds, consumers and the banking system as a whole, and not necessarily investors in bank holding companies such as the Company. 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