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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD Table of Contents

OCC Charter # 1 County: MINNEHAHA June 30, 2016 Uniform Bank Performance Report 10/5/2016 6:05:37PM

Public ReportInformation

IntroductionThis uniform bank performance report covers the operations of a bank and that of acomparable group of peer banks. It is provided as a bank management tool by the FederalFinancial Institutions Examination Council. Detailed information concerning the content ofthis report is provided in the Users Guide for the Uniform Bank Performance Report foundonline at www.ffiec.gov. This report has been produced for the use of the federal regulatorsof financial institutions in carrying out their supervisory responsibilities. All informationcontained herein was obtained from sources deemed reliable however no guarantee isgiven as to the accuracy of the data. The information contained in this report are not to beconstrued as a rating or other evaluation of a financial institution by a federal bankingregulator. The quarterly report of condition and income is the principal source of informationfor this report. Please refer to that document for additional financial information and anexplanation of the accounting standards that underlie data shown herein. For questionsregarding content of reports contact:18882373111 or email: cdr.help@ffiec.gov

Financial Institution Address:WELLS FARGO BANK, NATIONAL ASSOCIATION 101 NORTH PHILLIPS AVENUE

SIOUX FALLS SD57104

The Current Federal Regulator is:Office of Comptroller of the Currency

The bank was established on: 1/1/1852

The current peer group for this bank is: 1Insured commercial banks having assets greater than $3 billion

Footnotes:Financial data in the Uniform Bank Performance Report may have been adjusted as a resultof information shown in footnotes below. Please refer to the Uniform Bank PerformanceReport Users Guide online for details.

Table of ContentsSectionSummary RatiosPage 1Income Statement $Page 2Noninterest Income, Expenses and YieldsPage 3Balance Sheet $Page 4Off Balance Sheet ItemsPage 5Derivative InstrumentsPage 5ADerivative AnalysisPage 5BBalance Sheet Percentage CompositionPage 6Analysis of Credit Allowance and Loan MixPage 7Analysis of Credit Allowance and Loan MixPage 7AAnalysis of Concentrations of CreditPage 7BAnalysis of Past Due, Nonaccrual & RestructuredPage 8Analysis of Past Due, Nonaccrual & RestructuredPage 8AInterest Rate Risk Analysis as a Percent of AssetsPage 9Liquidity & FundingPage 10Liquidity & Investment PortfolioPage 10ACapital AnalysisPage 11Capital AnalysisPage 11ACapital AnalysisPage 11BCapital AnalysisPage 11COne Quarter Annualized Income AnalysisPage 12Securitization & Asset Sale ActivitiesPage 13Securitization & Asset Sale ActivitiesPage 13ASecuritization & Asset Sale ActivitiesPage 13BFiduciary & Related ServicesPage 1Fiduciary & Related ServicesPage 1AState Average

Bank Holding Company Information:FRB District / ID_RSSD 9 / 1120754 WELLS FARGO & COMPANYSAN FRANCISCO, CA

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD Summary Ratios

OCC Charter # 1 County: MINNEHAHA Summary RatiosPage 1 10/5/2016 6:05:37PM

Public Report 6/30/2016 12/31/2015 12/31/2014 12/31/2013 Earnings and Profitability BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT Percent of Average Assets: Interest Income (TE) 2.93 3.47 17 2.92 3.44 20 3.03 3.52 23 3.29 3.61 30 Interest Expense 0.21 0.31 29 0.14 0.29 20 0.16 0.30 24 0.19 0.36 23 Net Interest Income (TE) 2.73 3.15 20 2.78 3.12 26 2.87 3.19 29 3.10 3.22 39 + Noninterest Income 1.67 1.01 84 1.74 1.02 84 1.86 1.01 87 2.19 1.05 90 Noninterest Expense 2.43 2.50 47 2.44 2.55 43 2.62 2.66 45 2.89 2.73 61 Provision: Loan & LeaseLosses 0.25 0.16 76 0.14 0.12 59 0.05 0.11 33 0.16 0.14 59

Pretax Operating Income(TE) 1.72 1.50 67 1.94 1.48 84 2.05 1.46 87 2.24 1.44 89

+ Realized Gains/LossesSec 0.07 0.02 90 0.05 0.01 88 0.03 0.01 85 0.00 0.02 14

Pretax Net OperatingIncome (TE) 1.79 1.52 71 1.99 1.49 85 2.09 1.47 88 2.23 1.46 89

Net Operating Income 1.19 1.01 73 1.33 0.99 84 1.38 0.98 89 1.50 1.02 87 Adjusted Net OperatingIncome 1.23 1.06 72 1.31 1.04 81 1.26 0.98 80 1.38 0.97 83

Net Inc Attrib to Min Ints 0.00 0.00 1 0.01 0.00 94 0.01 0.00 95 0.02 0.00 95 Net Income Adjusted SubS 1.19 0.98 77 1.32 0.97 87 1.37 0.97 89 1.49 1.00 87

Net Income 1.19 1.01 73 1.32 0.99 84 1.37 0.98 87 1.49 1.02 86 Margin Analysis: Avg Earning Assets to AvgAssets 92.96 93.03 50 93.38 92.82 58 92.91 92.37 57 92.09 92.12 49

Avg IntBearing Funds toAvg Assets 83.45 77.83 74 83.11 77.84 72 83.04 77.35 71 78.44 77.48 45

Int Inc (TE) to Avg EarnAssets 3.16 3.74 17 3.12 3.71 19 3.26 3.83 20 3.57 3.92 30

Int Expense to Avg EarnAssets 0.22 0.33 29 0.15 0.31 20 0.17 0.33 23 0.21 0.39 22

Net Int IncTE to Avg EarnAssets 2.93 3.39 21 2.97 3.37 26 3.09 3.47 28 3.36 3.50 39

Loan & Lease Analysis: Net Loss to Average TotalLN&LS 0.36 0.16 85 0.29 0.13 84 0.29 0.18 75 0.48 0.29 78

Earnings Coverage of NetLosses (X) 9.59 29.62 37 12.59 33.31 37 12.50 30.02 43 8.20 17.63 48

LN&LS Allowance to LN&LSNot HFS 1.16 1.09 59 1.18 1.11 61 1.32 1.23 62 1.60 1.45 64

LN&LS Allowance to NetLosses (X) 3.20 12.00 16 4.07 12.73 21 4.58 13.81 29 3.36 9.57 34

LN&LS Allowance to TotalLN&LS 1.14 1.07 58 1.16 1.09 59 1.30 1.21 61 1.57 1.44 63

Total LN&LS90+ Days PastDue 1.56 0.12 97 1.91 0.14 97 2.53 0.20 97 3.46 0.29 96

Nonaccrual 1.15 0.68 82 1.06 0.68 82 1.25 0.78 81 1.65 1.07 76 Total 2.71 0.84 95 2.98 0.85 95 3.79 1.05 94 5.11 1.49 95 Liquidity Net Non Core Fund DepNew $250M 12.42 13.98 44 9.49 13.96 35 7.66 12.87 33 2.17 12.88 20

Net Loans & Leases toAssets 54.22 67.64 15 54.55 66.73 17 53.82 65.02 21 56.52 63.50 29 Capitalization Tier One Leverage Capital 7.91 9.75 9 8.01 9.77 11 8.06 9.83 13 8.32 9.86 17 Cash Dividends to NetIncome 50.82 37.95 62 65.23 41.22 69 86.87 41.19 84 57.67 42.16 61

Retained Earnings to AvgTotal Equity 6.27 5.13 62 4.87 4.53 53 1.81 4.32 23 5.90 4.28 67

Rest+Nonac+RE Acq toEqcap+ALLL 14.14 7.24 87 14.48 7.61 86 16.99 8.84 87 20.62 11.65 82

Growth Rates Total Assets 9.37 11.08 56 5.08 10.85 34 11.59 11.71 64 8.49 6.12 70 Tier One Capital 6.37 9.92 44 5.85 11.17 31 8.90 11.52 56 8.62 7.79 63 Net Loans & Leases 7.35 13.65 28 6.49 13.47 27 6.26 15.41 32 1.92 9.66 26 Short Term Investments 24.55 23.17 58 2.48 18.29 42 15.74 23.67 54 57.05 6.34 76 Short Term Non CoreFunding 13.60 18.04 52 6.15 18.20 40 22.59 20.65 64 48.93 11.23 82

Average Total Assets 1,655,193,500 1,567,613,250 1,431,489,250 1,284,330,000 Total Equity Capital 158,063,000 150,513,000 144,984,000 137,637,000 Net Income 9,839,000 20,696,000 19,569,000 19,075,000 Number of banks in PeerGroup 234 228 223 201

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD Income Statement $

OCC Charter # 1 County: MINNEHAHA Income Statement $Page 2 10/5/2016 6:05:38PM

Public Report Percent Change 6/30/2016 12/31/2015 12/31/2014 12/31/2013 1 YearInterest and Fees on Loans 18,334,000 34,845,000 33,293,000 32,850,000 6.88Income From LeaseFinancing 402,000 509,000 595,000 659,000 50.00

TaxExempt 105,000 161,000 121,000 90,000 41.89 Estimated Tax Benefit 56,029 85,948 64,157 47,241 42.14 Income on Loans &Leases (TE) 18,792,029 35,439,948 33,952,157 33,556,241 7.62

US Treas & Agency (ExclMBS) 700,000 1,374,000 455,000 11,000 7.36

Mortgage Backed Securities 2,117,000 4,391,000 4,690,000 4,749,000 0.09 Estimated Tax Benefit 299,893 535,974 455,996 411,527 16.32All Other Securities 1,366,000 2,536,000 2,429,000 2,431,000 10.25 TaxExempt SecuritiesIncome 562,000 1,004,000 860,000 784,000 16.12

Investment Interest Income(TE) 4,482,893 8,836,974 8,029,996 7,602,527 5.14

Interest on Due From Banks 596,000 609,000 555,000 331,000 97.35Int on Fed Funds Sold &Resales 116,000 181,000 144,000 257,000 27.47

Trading Account Income 239,000 425,000 386,000 290,000 12.74Other Interest Income 54,000 240,000 247,000 221,000 55.74 Total Interest Income (TE) 24,279,923 45,731,923 43,314,153 42,257,769 8.14 Int on Deposits in ForeignOff 123,000 177,000 159,000 115,000 39.77

Interest on Time Dep Over$100M 273,000 144,000 156,000 339,000 273.97

Interest on All OtherDeposits 326,000 735,000 854,000 948,000 12.37

Int on Fed Funds Purch &Repos 37,000 26,000 39,000 56,000 208.33

Int Trad Liab & OthBorrowings 774,000 743,000 634,000 617,000 134.55

Int on Sub Notes &Debentures 185,000 363,000 395,000 426,000 1.65

Total Interest Expense 1,718,000 2,188,000 2,237,000 2,501,000 62.54 Net Interest Income (TE) 22,561,923 43,543,923 41,077,153 39,756,769 5.45Noninterest Income 13,816,000 27,270,000 26,568,000 28,133,000 1.48 Adjusted Operating Income(TE) 36,377,923 70,813,923 67,645,153 67,889,769 3.91

NonInterest Expense 20,086,000 38,197,000 37,527,000 37,078,000 5.89Provision: Loan & LeaseLosses 2,047,000 2,157,000 717,000 2,082,000 138.02

Pretax Operating Income(TE) 14,244,923 30,459,923 29,401,153 28,729,769 6.16

Realized G/L HldtoMaturitySec 0 0 0 0 N/A

Realized G/L Availfor SaleSec 589,000 805,000 481,000 30,000 53.39

Pretax Net Operating Inc(TE) 14,833,923 31,264,923 29,882,153 28,699,769 4.69

Applicable Income Taxes 4,645,000 9,792,000 9,611,000 8,916,000 4.27Current Tax EquivAdjustment 355,923 621,923 520,153 458,769 19.75

Other Tax Equiv Adjustments 0 0 0 0 N/A Applicable Income Taxes(TE) 5,000,923 10,413,923 10,131,153 9,374,769 2.88

Net Operating Income 9,833,000 20,851,000 19,751,000 19,325,000 5.59 Net Discontinued /Extraordinary Items 0 0 0 0 N/A

Net Inc NoncontrollingMinority Interests 6,000 155,000 182,000 250,000 105.88

Net Income 9,839,000 20,696,000 19,569,000 19,075,000 4.60 Cash Dividends Declared 5,000,000 13,500,000 17,000,000 11,000,000 33.33Retained Earnings 4,839,000 7,196,000 2,569,000 8,075,000 72.02Memo: Net InternationalIncome 7,000 231,000 362,000 221,000 121.21

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD

Non Int Inc, Exp,Yields

OCC Charter # 1 County: MINNEHAHA Noninterest Income, Expenses and YieldsPage 3 10/5/2016 6:05:40PM

Public Report 6/30/2016 12/31/2015 12/31/2014 12/31/2013 Percent of Average Assets BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT Personnel Expense 1.41 1.31 60 1.41 1.29 61 1.48 1.30 67 1.68 1.32 81 Occupancy Expense 0.26 0.30 32 0.28 0.31 34 0.31 0.32 40 0.34 0.33 50 Other Oper Exp (InclIntangibles) 0.75 0.85 42 0.75 0.90 38 0.83 0.99 40 0.87 1.02 39

Total Overhead Expense 2.43 2.50 47 2.44 2.55 43 2.62 2.66 45 2.89 2.73 61 Overhead Less Nonint Inc 0.76 1.46 11 0.70 1.49 10 0.77 1.59 11 0.70 1.61 13 Other Income & ExpenseRatios:

Efficiency Ratio 55.21 59.68 31 53.94 60.93 25 55.48 62.53 25 54.62 63.06 25 Avg Personnel Exp PerEmpl($000) 100.04 97.73 60 96.34 94.68 61 93.02 90.36 59 96.85 89.52 66

Assets Per Employee($Million) 7.28 9.03 52 7.04 9.18 51 6.72 8.82 53 6.16 9.08 51

Yield on or Cost of: Total Loan & Leases (TE) 4.12 4.31 41 4.11 4.33 39 4.19 4.53 34 4.31 4.74 32 Loans in Domestic Offices 4.17 4.27 48 4.16 4.30 44 4.21 4.50 38 4.33 4.71 34 Real Estate 3.81 4.30 20 3.84 4.35 21 3.97 4.54 23 4.07 4.71 19 Secured by 14 FamResi Prop 3.96 4.23 39 4.00 4.28 41 4.10 4.40 40 4.08 4.47 35

All Other Loans SecReal Estate 3.45 4.34 9 3.46 4.38 10 3.65 4.64 8 4.05 4.92 13

Commercial & Industrial 3.98 4.27 42 3.88 4.18 42 3.64 4.37 24 3.77 4.53 23 Individual 6.09 5.38 70 6.19 5.42 69 5.93 5.80 59 6.09 6.06 55 Credit Card 12.82 8.57 85 13.05 8.58 87 13.30 8.97 82 13.76 8.85 85 Agricultural 3.08 4.28 14 3.16 4.35 17 3.15 4.42 14 3.28 4.54 17 Loans in Foreign Offices 2.37 3.41 29 2.37 3.20 32 2.85 3.58 36 2.43 3.80 32 Total Investment Securities(TE) 2.82 2.39 78 2.92 2.35 84 3.35 2.43 89 3.61 2.36 94

Total Investment Securities(Book) 2.63 2.21 81 2.75 2.17 88 3.16 2.24 93 3.41 2.18 94

US Treas & Agency (ExclMBS) 1.94 1.59 70 1.95 1.57 71 2.10 1.52 80 2.36 1.42 86

Mortgage BackedSecurities 2.94 2.17 93 3.19 2.17 95 3.54 2.31 95 3.73 2.20 96

All Other Securities 2.70 2.70 49 2.69 2.70 48 2.85 2.76 52 2.93 2.88 51 InterestBearing BankBalances 0.50 0.48 50 0.27 0.27 65 0.26 0.26 68 0.26 0.26 65

Federal Funds Sold &Resales 1.09 0.59 82 0.88 0.44 79 0.70 0.29 84 1.06 0.35 86

Total Interest BearingDeposits 0.12 0.33 13 0.09 0.31 8 0.11 0.31 11 0.15 0.36 14

Transaction accounts 0.12 0.26 31 0.06 0.21 13 0.08 0.21 27 0.24 0.21 66 Other Savings Deposits 0.05 0.20 8 0.04 0.18 7 0.05 0.18 9 0.06 0.20 9 Time Deps Over $100M 0.71 0.83 37 0.57 0.77 29 0.94 0.76 71 1.59 0.85 93 All Other Time Deposits 0.64 0.76 41 0.49 0.74 26 0.54 0.75 31 0.77 0.89 43 Foreign Office Deposits 0.18 0.29 35 0.12 0.23 25 0.14 0.23 32 0.14 0.26 28 Federal Funds Purchased &Repos 0.25 0.47 41 0.11 0.40 28 0.16 0.40 42 0.20 0.48 47

Other Borrowed Money 1.13 1.38 50 0.84 1.41 43 0.94 1.49 43 1.38 1.89 43 Subord Notes & Debentures 2.53 4.06 26 2.18 3.83 26 2.02 3.95 20 2.25 3.79 29 All InterestBearing Funds 0.25 0.41 26 0.17 0.38 18 0.19 0.40 21 0.25 0.47 21 Noninterest Income &Expenses

Fiduciary Activities 958,000 1,833,000 1,761,000 1,706,000 Deposit Service Charges 2,875,000 5,621,000 5,526,000 5,081,000 Trading, Vent Cap, SecurtzInc 622,000 1,391,000 1,379,000 2,510,000

Inv Banking, Advisory Inc 359,000 857,000 890,000 862,000 Insurance Comm & Fees 5,000 14,000 18,000 22,000 Net Servicing Fees 1,258,000 2,451,000 3,364,000 1,976,000 Loan & Lse Net Gains/Loss 667,000 1,224,000 1,490,000 1,339,000 Other Net Gains/Losses 72,000 345,000 150,000 260,000 Other Noninterest Income 7,000,000 13,534,000 11,990,000 14,377,000 Noninterest Income 13,816,000 27,270,000 26,568,000 28,133,000 Personnel Expense 11,670,000 22,044,000 21,204,000 21,602,000 Occupancy Expense 2,181,000 4,412,000 4,375,000 4,346,000 Goodwill Impairment 0 0 0 0 Other Intangible Amortiz 579,000 1,246,000 1,313,000 1,426,000 Other Oper Exp(inclIntangibles) 5,656,000 10,495,000 10,635,000 9,704,000

NonInterest Expense 20,086,000 38,197,000 37,527,000 37,078,000 Domestic Banking Offices(#) 5,921 5,931 5,948 5,945 Foreign Branches (#) 10 10 9 8 Assets Per Domestic Office 277,873 263,136 251,023 224,439

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD Balance Sheet $

OCC Charter # 1 County: MINNEHAHA Balance Sheet $Page 4 10/5/2016 6:05:41PM

Public Report Percent Change 6/30/2016 12/31/2015 12/31/2014 12/31/2013 1

Quarter 1 YearAssets: Real Estate Loans 482,802,000 469,461,000 450,813,000 442,181,000 2.33 3.18Commercial Loans 202,326,000 181,288,000 174,518,000 168,455,000 0.66 11.15Individual Loans 118,497,000 116,544,000 108,482,000 102,753,000 1.83 6.51Agricultural Loans 4,393,000 5,459,000 5,565,000 5,675,000 6.09 4.93Other Loans & Leases 124,041,000 116,159,000 96,463,000 69,732,000 0.57 20.45 LN&LS Allowance 10,649,000 10,349,000 10,844,000 12,421,000 1.38 1.49 Unearned Income 0 0 0 0 N/A N/A Net Loans & Leases 921,410,000 878,562,000 824,997,000 776,375,000 1.46 7.35U.S. Treasury & AgencySecurities 207,696,000 197,488,000 160,563,000 103,760,000 9.97 9.74

Municipal Securities 50,915,000 46,469,000 39,719,000 35,573,000 5.74 14.81Foreign Debt Securities 3,563,000 3,673,000 4,264,000 8,703,000 3.31 11.83All Other Securities 73,692,000 75,360,000 77,407,000 80,147,000 1.33 3.26InterestBearing BankBalances 240,970,000 223,029,000 222,900,000 187,583,000 3.56 26.97

Federal Funds Sold &Resales 21,537,000 19,516,000 25,277,000 19,013,000 1.55 4.50

Trading Account Assets 39,853,000 36,666,000 46,228,000 32,465,000 7.01 1.61 Total Investments 638,226,000 602,201,000 576,358,000 467,244,000 2.22 13.27 Total Earning Assets 1,559,636,000 1,480,763,000 1,401,355,000 1,243,619,000 1.77 9.70 Nonint Cash & Due FromBanks 18,611,000 16,979,000 18,743,000 19,641,000 8.86 6.57

Premises, Fix Assts, CapLeases 7,721,000 7,632,000 7,491,000 7,582,000 0.59 2.58

Other Real Estate Owned 1,040,000 1,338,000 2,492,000 3,838,000 13.69 43.75Dir & Indir Inv RE Ventures 0 0 1,000 7,000 N/A N/AInv in Unconsolidated Subs 10,445,000 1,109,000 856,000 662,000 3.59 1121.64Acceptances & Oth Assets 101,982,000 102,759,000 101,846,000 98,251,000 2.87 2.34 Total Assets 1,699,435,000 1,610,580,000 1,532,784,000 1,373,600,000 1.90 9.37Average Assets DuringQuarter 1,675,076,000 1,604,971,000 1,503,117,000 1,349,541,000 2.43 7.66

Liabilities: Demand Deposits 120,781,000 120,702,000 113,172,000 133,492,000 12.06 3.85All Now & ATS Accounts 2,256,000 2,183,000 2,738,000 11,962,000 1.99 6.74Money Market DepositAccounts 431,871,000 435,237,000 415,477,000 436,629,000 0.98 2.37

Other savings Deposits 488,383,000 469,884,000 427,266,000 331,914,000 0.58 7.83Time Deps At Or BelowInsurance Limit 33,121,000 34,830,000 85,412,000 79,487,000 5.79 45.72

Less: Fully Insured BrokeredDeposits 32,308,000 27,946,000 70,818,000 59,022,000 15.77 33.19

Core Deposits 1,044,104,000 1,034,890,000 973,247,000 934,462,000 0.32 3.77Fully Insured BrokeredDeposits 32,308,000 27,946,000 70,818,000 59,022,000 15.77 33.19

Time Deps Above InsuranceLimit 68,925,000 58,140,000 18,057,000 7,475,000 2.63 116.98

Deposits in Foreign Offices 148,148,000 137,649,000 151,034,000 94,619,000 1.50 5.22 Total Deposits 1,293,485,000 1,258,625,000 1,213,156,000 1,095,578,000 0.63 5.41Federal Funds Purch &Resale 25,981,000 25,350,000 13,509,000 22,972,000 1.30 27.36

Fed Home Loan Bor Mat < 1Year 8,000 9,000 7,000 15,000 11.11 11.11

Fed Home Loan Bor Mat > 1Year 59,007,000 37,092,000 34,118,000 19,145,000 19.00 121.79

Oth Borrowing Mat < 1 Year 16,251,000 19,521,000 10,064,000 5,835,000 28.09 0.62Oth Borrowing Mat > 1 Year 100,111,000 75,244,000 65,217,000 44,580,000 19.00 53.33Acceptances & OtherLiabilities 32,481,000 28,382,000 32,601,000 27,989,000 7.44 3.91

Total Liabilities (Incl Mortg) 1,527,324,000 1,444,223,000 1,368,672,000 1,216,114,000 1.94 9.92Subordinated Notes &Debentures 13,650,000 15,438,000 18,701,000 19,642,000 7.65 18.56

Total Bank Capital & Min Int 158,461,000 150,919,000 145,411,000 137,844,000 2.44 7.38 Total Liabilities & Capital 1,699,435,000 1,610,580,000 1,532,784,000 1,373,600,000 1.90 9.37 Memoranda: Officers, Shareholder Loans(#) 10 9 7 6

Officers, Shareholder Loans($) 7,183,000 197,000 198,000 104,000 3546.19 3641.15

HeldtoMaturity Securities 100,420,000 80,197,000 55,483,000 12,346,000 26.56 25.37AvailableforSale Securities 235,446,000 242,793,000 226,470,000 215,837,000 0.25 0.74All Brokered Deposits 82,026,000 67,720,000 72,309,000 60,506,000 2.55 27.20LN&LS in Foreign Offices 36,283,000 33,937,000 26,795,000 26,459,000 4.85 6.17Loans Held for Sale 17,329,000 14,220,000 14,634,000 10,277,000 31.74 14.39Loans not Held for Sale 914,730,000 874,691,000 821,207,000 778,519,000 1.02 7.80

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD

Off Balance SheetItems

OCC Charter # 1 County: MINNEHAHA Off Balance Sheet ItemsPage 5 10/5/2016 6:05:43 PMPublic Report Percent Change 6/30/2016 12/31/2015 12/31/2014 12/31/2013 1

Quarter 1 YearOutstanding (% of TotalAssets) BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT

Home Equity (14Family) 3.98 2.37 71 4.24 2.35 74 4.62 2.43 77 5.42 2.47 82

Credit Card 5.55 0.92 91 5.67 0.98 90 5.58 1.05 90 4.66 1.06 88 Commercial RESecured by RE 1.71 3.78 25 1.87 3.55 28 1.37 2.75 28 1.25 2.39 29

14 FamilyResidential 0.16 0.63 36 0.16 0.59 38 0.15 0.46 40 0.12 0.38 39

Comml RE, OthConst & Land 1.56 2.98 27 1.71 2.83 33 1.22 2.19 34 1.13 1.91 37

Commercial RE NotSecured by RE 0.35 0.07 90 0.29 0.07 84 0.22 0.09 77 0.45 0.09 88

All Other 19.27 10.95 84 19.62 11.28 82 19.23 11.28 83 16.84 11.47 76 Total LN&LSCommitments 30.87 20.26 85 31.68 20.45 84 31.03 19.97 82 28.62 19.60 79

Securities Underwriting 0.00 0.00 97 0.00 0.00 99 0.00 0.00 98 0.00 0.00 97 Standby Letters ofCredit 7.87 0.72 99 8.14 0.76 99 9.58 0.87 97 10.89 1.01 98

Amount Conveyed toOthers 3.44 0.04 99 3.55 0.04 98 4.37 0.06 99 4.91 0.06 99

Commercial Letters ofCredit 0.07 0.02 87 0.08 0.02 86 0.11 0.03 86 0.11 0.04 85

Assets Securitized orSold w/Rec 26.62 0.81 97 29.47 0.70 98 33.96 0.67 98 38.96 0.63 99

Amount of RecourseExposure 0.55 0.08 89 0.49 0.07 89 0.45 0.07 89 0.48 0.10 87

Credit Derivatives Bankas Guarantor 0.62 0.04 94 0.68 0.04 93 0.86 0.03 95 1.54 0.04 97

Credit Derivatives Bankas Beneficiary 1.25 0.03 96 1.14 0.03 96 1.14 0.03 96 1.85 0.03 96

All Oth OffBalanceSheet Items 0.00 0.63 71 0.01 0.55 74 0.01 0.39 76 0.02 0.37 78

OffBalance SheetItems 67.30 25.77 92 71.21 25.02 93 76.70 24.75 94 82.00 25.28 93

Outstanding ($000) Home Equity (14Family) 67,693,000 68,217,000 70,867,000 74,464,000 0.96 2.44

Credit Card 94,263,000 91,329,000 85,578,000 63,971,000 0.49 4.70 Commercial RESecured by RE 29,084,000 30,140,000 21,060,000 17,101,000 6.64 15.86

14 FamilyResidential 2,656,000 2,554,000 2,361,000 1,615,000 3.47 4.46

Commercial RE, OthConst & Land 26,428,000 27,586,000 18,699,000 15,486,000 6.97 18.39

Commercial RE NotSecured by RE 6,030,000 4,634,000 3,372,000 6,249,000 29.21 95.27

All Other 327,530,000 315,988,000 294,729,000 231,293,000 2.14 8.15 Securities Underwriting 0 0 0 0 N/A N/AMemo: Unused Commitw/mat GT 1 YR 355,329,000 359,733,000 262,534,000 212,848,000 1.95 1.94

Standby Letters ofCredit 133,789,000 131,145,000 146,875,000 149,570,000 1.22 6.84

Amount Conveyed toOthers 58,476,000 57,179,000 67,001,000 67,430,000 1.47 11.40

Commercial Letters ofCredit 1,196,000 1,296,000 1,759,000 1,574,000 8.49 68.33

Assets Securitized orSold w/recourse 452,330,000 474,672,000 520,524,000 535,152,000 3.22 9.11

Amount of RecourseExposure 9,427,000 7,957,000 6,864,000 6,561,000 0.07 25.54

Credit Derivatives Bankas Guarantor 10,489,000 10,893,000 13,211,000 21,208,000 4.98 7.38

Credit Derivatives Bankas Beneficiary 21,233,000 18,319,000 17,412,000 25,462,000 5.97 14.50

All Oth OffBalanceSheet Items 0 211,000 211,000 337,000 N/A N/A

OffBalance SheetItems 1,143,637,000 1,146,844,000 1,175,598,000 1,126,381,000 0.17 1.87

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD

DerivativeInstruments

OCC Charter # 1 County: MINNEHAHA Derivative InstrumentsPage 5A 10/5/2016 6:05:45PM

Public Report 6/30/2016 12/31/2015 12/31/2014 12/31/2013 Notional Amount ($000) Derivative Contracts 6,803,713,000 5,703,556,000 5,337,969,000 4,809,625,000 Interest Rate Contracts 6,205,938,000 5,160,296,000 4,809,990,000 4,403,929,000 Foreign ExchangeContracts 391,882,000 357,293,000 307,841,000 208,292,000

Equity, Comm & OthContracts 205,893,000 185,967,000 220,138,000 197,404,000

Derivatives Position Future and Forwards 1,653,396,000 735,867,000 885,537,000 1,427,550,000 Written Options 422,506,000 354,211,000 297,516,000 272,901,000 Exchange Traded 55,842,000 46,123,000 44,957,000 24,157,000 OvertheCounter 366,664,000 308,088,000 252,559,000 248,744,000 Purchased Options 420,089,000 356,991,000 331,895,000 308,159,000 Exchange Traded 75,795,000 63,291,000 85,683,000 69,615,000 OvertheCounter 344,294,000 293,700,000 246,212,000 238,544,000 Swaps 4,307,722,000 4,256,487,000 3,823,021,000 2,801,015,000 HeldforTrading 6,386,320,000 5,340,951,000 4,999,169,000 4,515,382,000 Interest Rate Contracts 5,808,215,000 4,824,132,000 4,491,038,000 4,128,993,000 Foreign ExchangeContracts 372,212,000 338,204,000 290,191,000 192,183,000

Equity, Comm & OthContracts 205,893,000 178,615,000 217,940,000 194,206,000

NonTraded 417,393,000 362,605,000 338,800,000 294,243,000 Interest Rate Contracts 397,723,000 336,164,000 318,952,000 274,936,000 Foreign ExchangeContracts 19,670,000 19,089,000 17,650,000 16,109,000

Equity, Comm & OthContracts 0 7,352,000 2,198,000 3,198,000

Memo: MarkedtoMarket 417,393,000 362,605,000 338,800,000 294,243,000 Derivative Contracts (RBCDef) 6,369,414,000 5,461,426,000 1,393,974,000 939,799,000

One Year or Less 2,671,442,000 1,576,622,000 560,414,000 322,153,000 Over 1 Year to 5 Years 1,878,587,000 1,971,858,000 487,705,000 367,558,000 Over 5 Years 1,819,385,000 1,912,946,000 345,855,000 250,088,000 Gross Negative Fair Value 140,745,000 84,016,000 86,658,000 74,499,000 Gross Positive Fair Value 144,321,000 86,182,000 89,874,000 72,331,000 HeldforTrading 136,634,000 82,196,000 86,518,000 69,578,000 NonTraded 7,687,000 3,986,000 3,356,000 2,753,000 Memo: MarkedtoMarket 7,687,000 3,986,000 3,356,000 2,753,000 Current Credit Exposure AllDerivatives 28,655,000 18,977,000 15,821,000 14,955,000

Credit Losses Off_BSDerivatives 8,000 7,000 59,000 161,000

Past Due DerivativesInstruments:

Fair Value Carried asAssets 0 0 0 0

Impact NontradedDerivatives Contracts:

Increase (Decr) in InterestInc N/A N/A N/A N/A

Increase (Decr) in InterestExp N/A N/A N/A N/A

Increase (Decr) in NonintALLOC N/A N/A N/A N/A

Increase (Decr) in NetIncome N/A N/A N/A N/A

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD Derivative Analysis

OCC Charter # 1 County: MINNEHAHA Derivative AnalysisPage 5B 10/5/2016 6:05:45PM

Public Report 6/30/2016 12/31/2015 12/31/2014 12/31/2013 Percent of NotionalAmounts BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT

Interest Rate Contracts 91.21 90.03 18 90.48 88.19 18 90.11 84.07 22 91.56 84.46 25 Foreign Exchange Contracts 5.76 2.58 84 6.26 2.97 82 5.77 4.91 80 4.33 4.50 77 Equity, Comm & OthContracts 3.03 0.30 91 3.26 0.38 89 4.12 0.60 89 4.10 0.75 89

Derivatives Position Futures and Forwards 24.30 16.07 70 12.90 14.73 60 16.59 17.89 61 29.68 16.28 75 Written Options 6.21 11.61 55 6.21 10.82 55 5.57 11.60 52 5.67 9.22 53 Exchange Traded 0.82 0.01 95 0.81 0.01 95 0.84 0.01 95 0.50 0.02 93 OvertheCounter 5.39 11.30 51 5.40 10.49 53 4.73 11.40 49 5.17 8.98 52 Purchased Options 6.17 2.11 83 6.26 2.20 80 6.22 2.37 78 6.41 3.28 73 Exchange Traded 1.11 0.01 95 1.11 0.01 95 1.61 0.01 96 1.45 0.02 96 OvertheCounter 5.06 1.86 81 5.15 1.97 81 4.61 2.19 77 4.96 3.11 70 Swaps 63.31 55.42 40 74.63 56.86 49 71.62 53.42 49 58.24 57.16 37 HeldforTrading 93.87 30.07 84 93.64 30.96 83 93.65 33.86 79 93.88 36.81 78 Interest Rate Contracts 85.37 26.07 86 84.58 25.67 84 84.13 29.29 83 85.85 32.00 79 Foreign ExchangeContracts 5.47 1.24 88 5.93 1.42 87 5.44 1.84 85 4.00 2.12 82

Equity, Comm & OthContracts 3.03 0.09 94 3.13 0.09 95 4.08 0.11 94 4.04 0.16 94

NonTraded 6.13 25.98 15 6.36 24.41 16 6.35 21.48 20 6.12 23.66 21 Interest Rate Contracts 5.85 36.69 16 5.89 34.13 16 5.98 28.26 23 5.72 27.33 23 Foreign ExchangeContracts 0.29 0.18 83 0.33 0.23 83 0.33 0.41 84 0.33 0.38 86

Equity, Comm & OthContracts 0.00 0.03 87 0.13 0.06 90 0.04 0.10 87 0.07 0.13 86

Memo: MarkedtoMarket 6.13 25.98 15 6.36 24.41 16 6.35 21.48 20 6.12 23.66 21 Derivative Contracts (RBCDef) 93.62 80.58 50 95.75 80.88 57 26.11 76.92 6 19.54 80.62 3

One Year or Less 39.26 20.24 76 27.64 18.85 69 10.50 20.88 43 6.70 21.19 34 Over 1 Year to 5 Years 27.61 22.90 55 34.57 24.38 61 9.14 24.95 35 7.64 24.94 33 Over 5 Years 26.74 28.42 51 33.54 28.77 56 6.48 22.44 31 5.20 24.89 27 Gross Negative Fair Value 2.07 2.06 52 1.47 1.09 65 1.62 1.27 62 1.55 1.17 65 Gross Positive Fair Value 2.12 1.70 58 1.51 1.16 69 1.68 1.23 66 1.50 1.30 63 By Tier One Capital: Gross Negative Fair Value(x) 1.08 0.03 96 0.66 0.02 96 0.72 0.02 95 0.68 0.02 95

Gross Positive Fair Value(x) 1.10 0.03 96 0.68 0.02 96 0.75 0.02 95 0.66 0.02 95

HeldforTrading (x) 48.86 0.76 96 42.09 0.64 96 41.70 0.63 95 41.01 0.73 95 NonTraded (x) 3.19 0.67 92 2.86 0.56 94 2.83 0.45 93 2.67 0.43 95 NonTraded MarkedtoMkt(x) 3.19 0.67 92 2.86 0.56 94 2.83 0.45 93 2.67 0.43 95

Current Credit Exposure (x) 0.22 0.03 94 0.15 0.01 94 0.13 0.01 94 0.14 0.01 94 Credit Losses on Derivatives 0.01 0.00 0 0.01 0.00 95 0.05 0.00 98 0.15 0.00 99 Past Due DerivativeInstruments:

Fair Value Carried asAssets 0.00 0.00 98 0.00 0.00 97 0.00 0.00 98 0.00 0.00 96

Other Ratios: Cur Credit Exposure/RiskWT AST 2.31 0.29 94 1.58 0.15 94 1.38 0.16 94 1.41 0.18 94

Credit Losses onDerivatives/CR Allow 0.15 0.00 0 0.07 0.00 95 0.54 0.00 98 1.30 0.00 98

Impact NontradedDerivatives Contracts:

Incr(Dec) Interest Inc/NetInc N/A 0.00 N/A N/A 0.00 N/A N/A 0.00 N/A N/A 0.00 N/A

Incr(Dec) Interest Exp/NetInc N/A 0.00 N/A N/A 0.00 N/A N/A 0.00 N/A N/A 0.00 N/A

Incr(Dec) NonintALLOC/Net Inc N/A 0.00 N/A N/A 0.00 N/A N/A 0.00 N/A N/A 0.00 N/A

Incr(Dec) Net Income/NetInc N/A 0.00 N/A N/A 0.00 N/A N/A 0.00 N/A N/A 0.00 N/A

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD Balance Sheet %

OCC Charter # 1 County: MINNEHAHA Balance Sheet Percentage CompositionPage 6 10/5/2016 6:05:47PM

Public Report 6/30/2016 12/31/2015 12/31/2014 12/31/2013 Percent of Average Assets BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT Loans Held For Sale 0.90 0.40 83 1.10 0.39 85 1.26 0.33 89 1.65 0.47 89 Loans Not Held For Sale 54.14 66.98 16 53.86 65.86 18 54.97 64.02 24 58.15 62.46 34 Less: LN&LS Allowance 0.63 0.73 38 0.67 0.75 41 0.80 0.83 46 1.04 0.97 55 Net Loans & Leases 54.40 67.17 17 54.29 66.11 17 55.44 64.01 23 58.76 62.63 33 InterestBearing BankBalances 14.34 3.62 92 14.02 3.83 91 14.47 4.27 90 10.37 4.45 85

Federal Funds Sold &Resales 1.26 0.19 91 1.37 0.21 90 1.43 0.27 88 1.90 0.32 89

Trading Account Assets 2.29 0.14 95 2.53 0.12 96 2.45 0.12 96 2.54 0.17 96 HeldtoMaturity Securities 5.22 3.02 71 4.61 3.03 68 2.17 2.91 60 0.19 2.40 44 AvailableforSaleSecurities 14.35 14.75 53 14.92 15.20 55 15.10 15.63 56 16.50 16.93 55

Total Earning Assets 91.87 91.78 51 91.74 91.47 55 91.05 90.82 53 90.27 90.41 50 Nonint Cash & Due FromBanks 1.06 1.16 42 1.10 1.25 39 1.32 1.46 40 1.43 1.53 42

Premises, Fix Assts & CapLeases 0.46 1.05 22 0.48 1.08 22 0.52 1.13 23 0.58 1.16 25

Other Real Estate Owned 0.07 0.10 55 0.12 0.14 60 0.26 0.21 67 0.27 0.27 61 Dir & Indir Inv RE Ventures 0.00 0.03 76 0.00 0.03 75 0.00 0.03 76 0.00 0.02 74 Inv in Unconsolidated Subs 0.43 0.01 97 0.06 0.01 86 0.05 0.02 85 0.05 0.02 82 Acceptances & OtherAssets 6.10 5.53 56 6.49 5.65 60 6.80 5.89 59 7.39 6.22 61

Total NonEarning Assets 8.13 8.22 48 8.26 8.53 44 8.95 9.18 46 9.73 9.59 49 Total Assets 100.00 100.00 99 100.00 100.00 99 100.00 100.00 99 100.00 100.00 99 Standby Letters of Credit 7.98 0.73 99 8.95 0.79 99 10.33 0.91 98 11.99 1.11 98 Liabilities Demand Deposits 7.02 8.05 50 7.23 7.82 52 8.80 7.52 66 9.27 7.00 73 All NOW & ATS Accounts 0.13 2.08 15 0.15 2.19 15 0.56 2.10 21 0.92 2.09 33 Money Market DepositAccounts 26.18 35.23 33 27.13 35.07 34 29.87 34.39 41 32.68 33.61 49

Other Savings Deposits 29.12 14.44 80 28.86 14.07 81 25.60 13.72 76 23.73 13.06 75 Time Deps At or BelowInsurance Limit 1.99 10.19 10 3.83 10.86 17 5.69 11.60 25 5.34 12.69 19

Less: Fully InsuredBrokered Deposits 1.77 4.10 41 3.11 3.93 54 4.45 3.06 72 3.23 3.09 66

Core Deposits 62.67 69.62 22 64.08 69.68 26 66.06 70.22 29 68.70 69.16 40 Fully Insured BrokeredDeposits 1.77 4.10 41 3.11 3.93 54 4.45 3.06 72 3.23 3.09 66

Time Deps AboveInsurance Limit 3.97 3.15 73 2.30 3.13 46 0.65 3.00 12 0.68 3.12 12

Deposits in Foreign Offices 8.67 0.21 95 9.32 0.24 96 8.15 0.30 95 6.34 0.44 93 Total Deposits 77.09 79.32 32 78.82 79.42 41 79.31 79.30 45 78.94 79.07 44 Federal Funds Purch &Repos 1.56 1.61 60 1.25 1.82 50 1.48 2.00 50 1.97 2.31 54

Total Fed Home LoanBorrowings 2.93 4.15 46 2.02 3.74 43 1.78 3.34 46 0.66 2.92 39

Total Other Borrowings 6.39 0.51 94 5.36 0.46 93 4.20 0.50 91 4.12 0.55 92 Memo: Sht Ter N CoreFunding 10.80 11.60 48 10.38 11.40 47 9.85 10.70 51 8.21 11.21 41

Acceptances & OtherLiabilities 1.83 1.08 87 2.05 1.08 88 2.04 1.10 87 2.31 1.22 88

Total Liabilities (Incl Mortg) 89.80 88.25 71 89.49 88.18 68 88.82 88.00 59 87.99 87.84 51 Subordinated Notes &Debentures 0.88 0.13 88 1.06 0.14 90 1.36 0.14 94 1.45 0.17 94

Total Bank Capital & MinInt 9.32 11.54 18 9.44 11.60 20 9.83 11.75 24 10.56 11.85 37

Total Liabilities & Capital 100.00 100.00 99 100.00 100.00 99 100.00 100.00 99 100.00 100.00 99 Memo: All BrokeredDeposits 4.62 4.64 60 4.32 4.46 59 4.55 3.51 69 3.35 3.52 63

Insured BrokeredDeposits 1.77 4.10 41 3.11 3.93 54 4.45 3.06 72 3.23 3.09 66

Loans HFS as a % Loans 1.63 0.64 86 2.01 0.60 88 2.25 0.51 90 2.76 0.72 90

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD

Allowance & Loan Mixa

OCC Charter # 1 County: MINNEHAHA Analysis of Credit Allowance and Loan MixPage 7 10/5/2016 6:05:48 PMPublic Report 6/30/2016 12/31/2015 12/31/2014 12/31/2013 Analysis Ratios BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT Loss Provision to AverageAssets 0.25 0.16 76 0.14 0.12 59 0.05 0.11 33 0.16 0.14 59

Recoveries to Prior CreditLoss 37.59 48.18 51 35.40 43.55 50 30.26 35.79 50 18.42 24.18 39

Net Loss to Average TotalLN&LS 0.36 0.16 85 0.29 0.13 84 0.29 0.18 75 0.48 0.29 78

Gross Loss to Average TotalLN&LS 0.53 0.24 88 0.46 0.23 86 0.49 0.30 79 0.69 0.44 80

Recoveries to Average TotalLN&LS 0.16 0.08 82 0.16 0.10 79 0.20 0.12 75 0.22 0.14 75

LN&LS Allowance to LN&LSNot HFS 1.16 1.09 59 1.18 1.11 61 1.32 1.23 62 1.60 1.45 64

LN&LS Allowance to TotalLN&LS 1.14 1.07 58 1.16 1.09 59 1.30 1.21 61 1.57 1.44 63

LN&LS Allowance to NetLosses (X) 3.20 12.00 16 4.07 12.73 21 4.58 13.81 29 3.36 9.57 34

LN&LS Allowance toNonaccrual LN&LS (X) 0.99 2.00 21 1.10 2.11 25 1.04 2.01 23 0.96 1.68 24

Earnings Coverage of NetLosses (X) 9.59 29.62 37 12.59 33.31 37 12.50 30.02 43 8.20 17.63 48

Net Losses by Type ofLN&LS

Real Estate Loans 0.06 0.03 75 0.09 0.04 74 0.15 0.10 67 0.43 0.26 78 Construction & LandDevelopment 0.14 0.04 15 0.27 0.04 11 0.84 0.00 7 0.60 0.30 13

14 Family Construction 0.24 0.04 11 0.22 0.02 12 1.08 0.08 7 0.96 0.06 12 Other Construction &Land 0.13 0.04 16 0.28 0.05 14 0.81 0.01 10 0.55 0.26 13

Secured by Farmland 0.07 0.01 10 0.11 0.01 7 0.21 0.03 5 0.90 0.06 1 14 Family ResidentialLoans 0.12 0.06 77 0.16 0.09 77 0.28 0.15 79 0.63 0.32 79

Home Equity Loans 0.42 0.08 91 0.51 0.12 92 0.72 0.17 92 1.32 0.41 90 14 Family 1st Lien Loans 0.03 0.04 59 0.05 0.06 58 0.10 0.12 58 0.29 0.25 66 14 Family Jr Lien Loans 0.75 0.12 86 0.88 0.22 84 1.58 0.42 88 3.08 0.85 88 Multifamily Loans 0.03 0.00 12 0.05 0.01 17 0.08 0.03 10 0.07 0.12 10 NonFarm NonResidentialMtg 0.09 0.01 8 0.06 0.02 12 0.08 0.08 5 0.00 0.19 11

Owner Occupied NonfarmNonresidential 0.12 0.02 5 0.06 0.04 10 0.08 0.08 7 0.08 0.19 46

Other NonfarmNonresidential 0.08 0.00 11 0.06 0.01 18 0.09 0.06 11 0.04 0.18 10

RE Loans in ForeignOffices 0.00 0.00 88 0.02 0.04 11 0.06 0.05 5 0.11 0.56 68

Financial Institution Loans 0.00 0.00 95 0.00 0.01 97 0.00 0.00 93 0.00 0.00 94 Agricultural Loans 0.26 0.07 86 0.06 0.06 11 0.23 0.04 7 0.85 0.09 2 Commercial and IndustrialLoans 0.69 0.28 81 0.27 0.20 68 0.11 0.18 51 0.17 0.32 44

Loans to Individuals 1.46 0.66 83 1.39 0.72 82 1.41 0.81 78 1.56 0.96 77 Credit Card Plans 3.27 2.14 71 3.11 2.37 63 3.36 2.39 70 3.98 2.51 76 Auto Loans 0.70 0.13 87 0.70 0.19 84 0.66 0.19 82 0.62 0.13 84 NonDepository, Other &Muni Loans 0.14 0.10 76 0.17 0.14 70 0.08 0.26 56 0.09 0.23 63

Loans to ForeignGovernments 0.00 0.00 93 0.00 0.00 94 0.00 0.00 95 0.00 0.00 90

Lease Financing 0.16 0.14 77 0.05 0.13 71 0.06 0.13 72 0.15 0.02 79 Leases to Individuals N/A 0.61 N/A N/A 0.20 N/A N/A 1.04 N/A 20.00 1.45 6 All Other Leases 0.16 0.12 78 0.05 0.11 74 0.06 0.08 76 0.16 0.02 81 Supplemental: Loans to Finance CommlReal Estate 0.00 0.01 91 0.00 0.00 89 0.00 0.00 86 0.00 0.02 78

Change: Credit Allowance($000)

Beginning Balance 10,349,000 10,844,000 12,421,000 14,234,000 Gross Credit Losses 2,406,000 3,959,000 4,003,000 5,403,000 Memo: Loans HFS Writedown 0 0 0 0

Recoveries 744,000 1,417,000 1,635,000 1,701,000 Net Credit Losses 1,662,000 2,542,000 2,368,000 3,702,000 Provision: Loan & LeaseLosses 2,047,000 2,157,000 717,000 2,082,000

Other Adjustments 85,000 110,000 74,000 193,000 LN&LS Allowance 10,649,000 10,349,000 10,844,000 12,421,000

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Average Total Loans &Leases 911,783,000 862,500,750 811,176,000 778,414,500

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD

Allowance & Loan Mixb

OCC Charter # 1 County: MINNEHAHA Analysis of Credit Allowance and Loan MixPage 7A 10/5/2016 6:05:50 PMPublic Report 6/30/2016 12/31/2015 12/31/2014 12/31/2013 Loan Mix, % Average GrossLN&LS BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT

Real Estate Loans 51.98 64.00 28 53.66 63.84 31 55.21 63.67 32 57.41 63.37 33 Construction &Development 2.44 5.42 28 2.35 4.99 29 2.14 4.54 31 2.17 4.28 34

14 Family Construction 0.28 1.10 32 0.26 1.00 31 0.19 0.87 29 0.28 0.77 38 Other Const & LandDevelopment 2.16 4.12 32 2.09 3.79 34 1.94 3.29 35 1.89 3.36 38

Secured by Farmland 0.30 0.75 60 0.31 0.78 59 0.29 0.75 57 0.31 0.69 57 14 Family Residential 35.89 22.44 84 37.70 23.10 87 39.23 23.93 86 41.21 24.48 87 Home Equity Loans 7.03 3.86 76 7.98 3.99 79 9.22 4.36 82 10.50 4.48 86 14 Family 1st Lien Loans 28.31 17.08 82 29.02 17.45 81 29.11 17.69 82 29.57 17.98 82 14 Family Jr Lien Loans 0.55 0.57 57 0.70 0.64 60 0.90 0.75 62 1.14 0.86 66 Multifamily 1.59 4.18 25 1.56 3.85 26 1.42 3.39 26 1.42 3.30 27 NonFarm NonResidential 10.82 25.61 15 10.88 25.38 17 11.50 25.10 18 11.89 25.12 19 Owner Occupied NonFarm NonResidential 3.14 9.10 16 3.35 9.76 16 3.58 9.40 20 3.86 9.62 19

Other NonFarm NonResidential 7.68 15.57 20 7.53 15.14 20 7.92 14.63 21 8.03 14.40 24

RE Loans in ForeignOffices 0.94 0.22 87 0.86 0.22 87 0.63 0.22 88 0.40 0.18 85

Financial Institution Loans 1.80 0.04 95 1.91 0.04 95 2.24 0.06 95 2.41 0.10 94 Agricultural Loans 0.53 0.47 73 0.58 0.48 75 0.63 0.46 75 0.69 0.41 77 Commercial & IndustrialLoans 19.54 19.41 58 18.83 19.74 55 18.86 20.15 51 19.12 20.40 50

Loans to Individuals 12.83 5.70 81 12.96 5.80 79 13.18 5.61 80 12.70 5.58 78 Credit Card Loans 2.94 0.27 93 2.93 0.30 92 2.62 0.34 91 2.39 0.34 91 Auto Loans 6.47 2.03 81 6.49 2.12 81 6.39 2.04 80 5.97 1.95 82 Municipal Loans 1.85 1.45 68 1.77 1.39 68 1.41 1.20 67 0.94 1.08 61 NonDepository and Other 9.64 2.89 87 8.88 2.76 87 6.97 2.58 84 5.22 2.30 83 Loans to ForeignGovernments 0.06 0.00 94 0.06 0.00 95 0.07 0.00 94 0.05 0.00 92

Lease FinancingReceivables 1.78 0.63 80 1.35 0.64 74 1.42 0.69 74 1.47 0.80 75

Leases to Individuals 0.00 0.00 91 0.00 0.00 89 0.00 0.00 87 0.00 0.00 85 All Other Leases 1.78 0.58 82 1.35 0.59 76 1.42 0.63 75 1.46 0.73 76 Supplemental: Loans to Finance CommlReal Est 0.77 0.48 73 0.70 0.47 70 1.00 0.42 79 1.50 0.42 87

Foreign Office Loans &Leases 3.96 0.16 93 3.62 0.16 93 3.34 0.18 93 2.86 0.24 91

Memorandum (% of Avg TotLoans):

Loans & LeaseCommitments 57.94 31.71 88 58.45 32.65 86 57.76 33.41 85 50.89 33.07 82

Officer, Shareholder Loans 0.79 0.45 74 0.02 0.44 24 0.02 0.49 29 0.01 0.50 25 Officer, Shareholder Loansto Assets 0.42 0.30 69 0.01 0.30 23 0.01 0.32 27 0.01 0.31 25

Other Real Estate Owned %Assets

Construction & LandDevelopment 0.02 0.03 57 0.03 0.05 58 0.04 0.07 57 0.05 0.11 52

Farmland 0.00 0.00 82 0.00 0.00 77 0.00 0.00 76 0.00 0.00 75 14 Family 0.02 0.02 57 0.03 0.03 63 0.04 0.04 62 0.04 0.05 60 Multifamily 0.00 0.00 74 0.00 0.00 75 0.00 0.00 78 0.01 0.00 77 NonFarm NonResidential 0.01 0.03 50 0.02 0.04 49 0.03 0.06 50 0.05 0.08 53 Foreclosed GNMA 0.02 0.00 96 0.04 0.00 98 0.14 0.00 98 0.11 0.00 97 Foreign Offices 0.00 0.00 96 0.00 0.00 94 0.00 0.00 94 0.00 0.00 94 Subtotal 0.07 0.10 55 0.12 0.14 60 0.26 0.21 67 0.27 0.27 61 Direct and Indirect Inv 0.00 0.03 76 0.00 0.03 75 0.00 0.03 76 0.00 0.02 74 Total 0.07 0.17 43 0.12 0.20 49 0.26 0.27 59 0.27 0.33 54 Asset Servicing % Assets Mortgage Servicing w/Recourse 0.04 0.03 84 0.06 0.03 85 0.08 0.04 86 0.10 0.04 85

Mortgage Servicing w/oRecourse 73.91 7.88 95 81.42 7.52 96 93.43 6.84 97 110.26 7.62 98

Other Financial Assets 35.79 1.56 97 37.12 1.35 97 37.19 1.19 97 38.78 1.05 98 Total 109.75 11.39 95 118.60 10.34 97 130.70 9.46 97 149.14 9.94 98

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD

Concentrations ofCredit

OCC Charter # 1 County: MINNEHAHA Analysis of Concentrations of CreditPage 7B 10/5/2016 6:05:51 PMPublic Report 6/30/2016 12/31/2015 12/31/2014 12/31/2013 Loan & Leases as a % ofTotal Capital BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT

Real Estate Loans 313.37 430.22 28 313.04 421.05 28 312.98 403.86 30 323.53 386.79 33 Construction &Development 14.82 37.40 25 14.39 34.81 26 12.73 29.95 29 12.37 26.68 32

14 Family Construction 1.67 7.43 30 1.62 6.95 32 1.19 5.78 30 0.98 4.91 28 Other Const & LandDevelopment 13.14 27.13 29 12.77 26.53 27 11.54 21.69 33 11.39 19.69 39

Secured by Farmland 1.78 4.79 57 1.87 4.83 59 1.76 4.45 57 1.66 4.15 56 14 Family Residential 215.98 150.07 77 216.01 149.54 77 222.79 150.55 78 229.01 148.01 81 Home Equity Loans 40.68 25.99 72 43.89 26.18 74 50.07 27.80 74 56.92 27.40 81 14 Family 1st LienLoans 172.23 114.94 76 168.55 113.46 76 168.10 111.50 75 166.21 108.85 77

14 Family Jr Lien Loans 3.07 3.69 49 3.57 3.97 53 4.62 4.59 58 5.87 4.92 60 Multifamily 9.41 29.65 25 10.69 26.87 29 8.38 22.88 28 7.75 20.16 27 NonFarm NonResidential 65.82 174.85 17 64.34 170.01 17 63.92 161.90 18 68.86 155.03 18 Owner Occupied NonFarm NonResidential 18.56 61.09 16 19.24 61.15 17 20.08 59.92 20 21.26 59.25 20

Other NonFarm NonResidential 47.26 108.10 21 45.10 102.61 21 43.84 95.22 23 47.59 89.50 27

RE Loans in ForeignOffices 5.57 1.53 86 5.74 1.37 87 3.40 1.27 87 3.88 1.42 87

Financial Institution Loans 10.11 0.20 96 12.08 0.21 96 11.32 0.30 95 14.65 0.48 95 Agricultural Loans 2.85 2.95 73 3.64 3.04 74 3.86 2.89 75 4.15 2.62 77 Commercial & IndustrialLoans 121.21 124.76 55 108.81 125.34 48 109.83 125.92 46 108.60 123.30 47

Loans to Individuals 76.91 36.46 79 77.71 36.90 79 75.31 34.93 79 75.18 34.69 79 Credit Card Loans 17.63 1.55 94 18.03 1.77 93 17.23 1.98 92 14.51 2.09 92 Auto Loans 39.03 13.28 81 38.79 13.57 79 37.42 13.72 80 35.78 13.04 81 Municipal Loans 10.98 9.55 64 11.11 9.53 64 9.71 8.24 68 6.58 7.51 62 NonDepository and Other 57.23 17.33 88 58.15 16.42 89 48.86 15.28 86 35.40 13.26 84 Loans to ForeignGovernments 0.36 0.00 95 0.32 0.00 95 0.38 0.00 95 0.46 0.01 94

Lease FinancingReceivables 11.94 3.73 82 7.87 3.77 75 8.02 3.97 74 8.57 4.66 73

Leases to Individuals 0.00 0.00 92 0.00 0.00 90 0.00 0.00 88 0.00 0.01 86 All Other Leases 11.94 3.49 83 7.87 3.51 77 8.02 3.61 76 8.57 4.26 75 Supplemental: Loans to FinanceCommercial Real Estate 4.99 3.16 75 4.23 3.08 70 4.45 2.73 77 9.03 2.45 88

Foreign Office Loans &Leases 23.55 0.84 94 22.63 0.65 94 18.60 0.90 93 19.36 1.04 93

Commercial Real EstateLoans as a % of TotalCapital:

Nonowner OCCCommercial Real Estate 76.48 191.69 17 74.40 180.80 17 69.40 162.66 19 76.75 150.67 23

Total Commercial RealEstate 95.04 262.29 15 93.64 252.09 15 89.48 233.59 16 98.02 219.49 18

Commercial Real EstateLoans as a % of TotalLN&LS:

Construction &Development 2.45 5.45 28 2.43 5.20 29 2.19 4.62 31 2.14 4.27 33

Nonowner OCCCommercial Real Estate 12.64 28.22 16 12.55 27.15 14 11.96 25.10 17 13.30 24.38 21

Total Commercial RealEstate 15.71 38.60 14 15.80 37.77 14 15.42 35.75 15 16.98 35.34 18

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUXFALLS , SD

PD, Nonacc & RestLoansa

OCC Charter # 1 County: MINNEHAHA Analysis of Past Due, Nonaccrual & RestructuredPage 8 10/5/2016 6:05:52 PMPublic Report 6/30/2016 12/31/2015 12/31/2014 12/31/2013 % of NonCurrent LN&LS byLoan Type BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT

Real Estate LNS90+ DaysP/D 2.91 0.15 97 3.49 0.17 97 4.58 0.28 97 5.89 0.39 97

Nonaccrual 1.47 0.68 87 1.69 0.77 87 2.17 1.04 86 2.73 1.48 82 Total 4.38 0.89 95 5.18 1.00 95 6.75 1.41 95 8.61 2.04 95 3089 DAYS P/D 1.40 0.31 94 1.49 0.41 92 1.82 0.49 93 2.08 0.65 94 Const & Land Dev90+ DaysP/D 0.00 0.06 65 0.03 0.07 70 0.04 0.21 69 1.06 0.47 79

Nonaccrual 0.30 0.46 61 0.35 0.59 49 1.13 1.15 62 2.70 2.39 63 Total 0.30 0.57 57 0.38 0.75 45 1.17 1.71 56 3.75 3.48 62 3089 DAYS P/D 0.52 0.15 86 0.38 0.20 75 0.16 0.26 53 0.59 0.35 76 14 Fam Cons & L Dev90+Days P/D 0.00 0.02 83 0.00 0.08 78 0.12 0.16 83 1.04 0.50 84

Nonaccrual 0.35 0.34 76 0.62 0.50 73 2.16 1.21 81 6.04 2.22 83 Total 0.35 0.45 72 0.62 0.74 67 2.28 1.95 77 7.09 3.60 79 3089 DAYS P/D 0.66 0.23 82 0.00 0.25 58 0.00 0.25 56 0.37 0.32 70 Other Const & Land Dev90+ Days P/D 0.00 0.06 68 0.04 0.07 77 0.04 0.21 70 1.06 0.44 80

Nonaccrual 0.29 0.46 60 0.31 0.59 51 1.02 1.12 64 2.41 2.36 61 Total 0.29 0.61 56 0.35 0.77 47 1.06 1.68 55 3.47 3.46 60 3089 DAYS P/D 0.50 0.11 90 0.43 0.17 82 0.18 0.24 61 0.61 0.33 76 Secured by Farmland90+Day P/D 0.44 0.07 89 0.14 0.10 84 0.12 0.14 81 0.00 0.17 76

Nonaccrual 2.00 0.64 84 2.17 0.83 86 1.78 1.09 77 2.42 2.16 73 Total 2.44 0.92 83 2.31 1.22 82 1.90 1.56 73 2.42 2.83 66 3089 DAYS P/D 0.18 0.16 68 0.36 0.17 81 0.24 0.17 73 0.53 0.27 77 14 Family Mtg90+ DaysP/D 4.21 0.23 96 5.05 0.28 97 6.40 0.37 96 8.21 0.50 97

Nonaccrual 1.85 0.96 82 2.13 1.05 83 2.52 1.35 83 2.99 1.69 81 Total 6.06 1.31 94 7.18 1.47 95 8.93 1.91 94 11.20 2.49 95 3089 DAYS P/D 1.95 0.49 95 2.07 0.70 94 2.47 0.80 94 2.73 1.02 91 Home Equity Loans 90+Days P/D 0.11 0.05 79 0.12 0.07 77 0.15 0.08 77 0.12 0.09 73

Nonaccrual 2.67 0.89 86 2.78 0.92 85 2.99 0.99 87 3.00 1.05 88 Total 2.78 1.02 85 2.90 1.09 84 3.14 1.18 85 3.12 1.24 85 3089 DAYS P/D 0.65 0.36 78 0.67 0.45 72 0.68 0.48 72 0.70 0.53 66 14 Family 1st Lien Lns90+Days P/D 5.25 0.28 96 6.43 0.33 97 8.43 0.46 97 11.26 0.68 97

Nonaccrual 1.60 0.88 79 1.90 1.04 82 2.32 1.33 80 2.91 1.79 77 Total 6.85 1.34 94 8.33 1.53 95 10.75 2.09 95 14.17 2.90 95 3089 DAYS P/D 2.26 0.51 95 2.45 0.72 93 3.03 0.84 95 3.46 1.11 94 14 Family Jr Lien Lns90+Days P/D 0.21 0.15 77 0.24 0.22 76 0.32 0.30 76 0.42 0.35 76

Nonaccrual 4.82 2.06 82 4.86 2.11 81 4.82 2.11 82 5.09 2.44 83 Total 5.03 2.48 80 5.10 2.57 78 5.14 2.71 77 5.52 3.34 77 3089 DAYS P/D 1.48 0.80 76 1.57 0.89 74 1.55 0.96 71 1.58 1.18 65 Multifamily Loans90+ DaysP/D 0.02 0.01 82 0.00 0.03 78 0.02 0.07 73 0.12 0.13 77

Nonaccrual 0.21 0.16 74 0.19 0.21 69 0.36 0.29 70 1.32 0.53 81 Total 0.23 0.22 71 0.19 0.28 64 0.38 0.47 63 1.44 0.90 75 3089 DAYS P/D 0.39 0.05 91 0.05 0.08 65 0.14 0.14 68 0.69 0.19 85 NonFarm NonRes Mtg90+Days P/D 0.02 0.05 62 0.02 0.06 65 0.05 0.13 66 0.07 0.19 67

Nonaccrual 0.77 0.47 75 0.91 0.53 76 1.52 0.78 82 2.18 1.17 81 Total 0.79 0.55 69 0.93 0.62 72 1.57 0.96 76 2.25 1.47 75 3089 DAYS P/D 0.11 0.15 47 0.21 0.19 63 0.24 0.23 59 0.52 0.35 72 Own Occ NonFarm NonRes90+ Days P/D 0.06 0.06 71 0.05 0.06 72 0.10 0.13 71 0.08 0.19 71

Nonaccrual 1.63 0.64 86 1.87 0.72 91 2.46 0.88 90 3.71 1.27 92 Total 1.69 0.74 85 1.91 0.83 88 2.56 1.09 86 3.79 1.59 87 3089 DAYS P/D 0.22 0.19 61 0.20 0.22 54 0.31 0.29 58 0.75 0.41 79 Other NonFarm NonRes90+ Days P/D 0.01 0.04 65 0.01 0.05 64 0.03 0.14 67 0.06 0.19 69

Nonaccrual 0.44 0.33 67 0.50 0.39 66 1.09 0.66 75 1.49 1.11 67 Total 0.44 0.40 64 0.51 0.48 61 1.12 0.88 68 1.56 1.46 58 3089 DAYS P/D 0.06 0.12 49 0.22 0.15 71 0.21 0.18 63 0.42 0.30 67

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RE Lns in Foreign Offices90+ Days P/D 0.07 0.10 83 0.19 0.11 83 0.61 0.06 94 1.47 0.13 93

Nonaccrual 0.00 1.93 55 0.00 1.83 66 0.00 1.88 63 0.00 0.90 56 Total 0.07 2.03 55 0.19 1.95 66 0.61 1.94 78 1.47 1.03 81 3089 DAYS P/D 0.22 0.44 66 0.00 0.50 66 0.00 0.71 68 0.00 0.66 56 Supplemental: LNS Fin Coml RE90+ DaysP/D 0.00 0.00 90 0.00 0.00 94 0.00 0.00 88 0.01 0.00 90

Nonaccrual 0.03 0.04 84 0.13 0.06 87 0.19 0.13 81 0.28 0.22 79 Total 0.03 0.05 81 0.13 0.07 86 0.19 0.17 77 0.29 0.24 79 3089 DAYS P/D 1.21 0.02 96 2.00 0.03 96 0.05 0.05 83 0.32 0.04 90 NonCurrent LN&LS ($000) 90 Days and Over Past Due 14,537,000 17,013,000 21,181,000 27,316,000 Total Nonaccrual LN&LS 10,725,000 9,437,000 10,477,000 12,996,000 Total NonCurrent LN&LS 25,262,000 26,450,000 31,658,000 40,312,000 LN&LS 3089 Days PastDue 9,020,000 9,435,000 10,558,000 11,570,000

Gtyd LN&LS 90+ Days P/D 424,000 466,000 597,000 1,505,000 Gtyd LN&LS on Nonaccrual 422,000 458,000 519,000 340,000 Gtyd LN&LS 3089 DaysP/D 355,000 245,000 351,000 743,000

Restructured LN&LS 90+Days P/D 1,287,000 1,448,000 1,781,000 2,318,000

Restructured LN&LSNonaccrual 5,404,000 5,006,000 5,344,000 6,380,000

Restructured LN&LS 3089Days P/D 686,000 838,000 665,000 817,000

Current 14 Family RestruLN&LS 8,383,000 8,496,000 9,121,000 8,763,000

Current Other RestructuredLN&LS 1,736,000 1,731,000 1,937,000 2,216,000

Loans Secured 14 RE inForeclosure 10,274,000 11,944,000 14,142,000 19,960,000

Other Real Estate Owned 1,040,000 1,338,000 2,492,000 3,838,000

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUXFALLS , SD

PD, Nonacc & RestLoansb

OCC Charter # 1 County: MINNEHAHA Analysis of Past Due, Nonaccrual & RestructuredPage 8A 10/5/2016 6:05:55 PMPublic Report 6/30/2016 12/31/2015 12/31/2014 12/31/2013 % of NonCurrent LN&LS byLoan Type BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT

Financial Institution LNS90+ Days P/D 0.00 0.00 96 0.00 0.00 95 0.00 0.15 96 0.00 0.00 95

Nonaccrual 0.00 0.00 96 0.00 0.00 96 0.00 0.00 98 0.00 0.01 95 Total 0.00 0.00 96 0.00 0.00 93 0.00 0.15 96 0.00 0.00 91 3089 DAYS P/D 0.00 0.02 96 0.00 0.04 95 0.00 0.04 95 0.00 0.02 95 Coml & Indust LNS90+Days P/D 0.01 0.03 57 0.06 0.03 77 0.01 0.04 52 0.00 0.05 43

Nonaccrual 1.77 0.90 82 0.77 0.74 58 0.26 0.57 38 0.39 0.65 42 Total 1.78 0.96 79 0.83 0.80 57 0.27 0.66 33 0.40 0.75 34 3089 DAYS P/D 0.20 0.25 57 0.24 0.23 64 0.27 0.25 64 0.15 0.27 41 Agricultural LNS90+ DaysP/D 0.09 0.02 87 0.11 0.01 92 0.07 0.00 94 0.00 0.02 82

Nonaccrual 0.43 0.45 73 0.31 0.42 71 0.65 0.40 82 1.80 0.28 89 Total 0.52 0.58 71 0.42 0.51 70 0.72 0.49 79 1.80 0.58 84 3089 DAYS P/D 0.46 0.20 81 0.99 0.12 92 0.34 0.10 85 0.28 0.16 78 Loans to Individuals90+Days P/D 0.39 0.08 89 0.45 0.10 89 0.48 0.12 87 1.24 0.20 92

Nonaccrual 0.12 0.18 56 0.13 0.21 55 0.15 0.21 57 0.18 0.24 56 Total 0.51 0.30 76 0.58 0.36 75 0.64 0.40 72 1.42 0.54 85 3089 DAYS P/D 1.38 0.67 83 1.65 0.74 86 1.69 0.84 81 1.94 1.00 83 Credit Card Plans90+ DaysP/D 1.03 0.41 82 1.18 0.52 81 1.22 0.45 86 1.29 0.45 88

Nonaccrual 0.00 0.09 79 0.00 0.09 76 0.00 0.08 77 0.00 0.10 73 Total 1.03 0.56 76 1.18 0.68 73 1.22 0.63 79 1.29 0.68 80 3089 DAYS P/D 1.09 0.89 63 1.26 1.02 71 1.30 1.04 67 1.37 0.98 69 Auto Loans 0.10 0.01 94 0.13 0.02 92 0.12 0.02 90 0.10 0.03 85 Nonaccrual 0.17 0.17 66 0.19 0.18 68 0.23 0.19 73 0.32 0.21 74 Total 0.27 0.19 73 0.32 0.22 76 0.35 0.24 77 0.42 0.26 75 3089 DAYS P/D 1.80 0.61 88 2.20 0.73 88 2.18 0.75 88 1.83 1.11 75 Nondepository, Other andMuni90+ Days P/D 0.00 0.00 81 0.00 0.00 81 0.00 0.01 77 0.01 0.01 81

Nonaccrual 0.05 0.09 77 0.03 0.08 73 0.06 0.10 72 0.07 0.13 75 Total 0.05 0.13 72 0.03 0.10 67 0.06 0.13 65 0.08 0.19 66 3089 DAYS P/D 0.08 0.05 77 0.03 0.08 58 0.05 0.13 64 0.16 0.13 75 Lease Financing90+ DaysP/D 0.00 0.01 81 0.00 0.01 82 0.00 0.01 82 0.00 0.01 79

Nonaccrual 0.61 0.33 80 0.22 0.24 70 0.21 0.15 79 0.25 0.22 73 Total 0.61 0.36 79 0.22 0.27 68 0.21 0.17 78 0.25 0.25 72 3089 DAYS P/D 0.68 0.23 83 0.24 0.21 72 0.28 0.18 76 0.28 0.35 68 Leases to Individuals90+Days P/D N/A 0.01 N/A N/A 0.00 N/A N/A 0.01 N/A N/A 0.00 N/A Nonaccrual N/A 0.21 N/A N/A 0.09 N/A N/A 0.55 N/A N/A 1.04 N/A Total N/A 0.22 N/A N/A 0.10 N/A N/A 0.58 N/A N/A 1.06 N/A 3089 DAYS P/D N/A 1.02 N/A N/A 0.46 N/A N/A 0.50 N/A N/A 1.00 N/A All Other Leases90+ DaysP/D 0.00 0.01 82 0.00 0.01 83 0.00 0.01 83 0.00 0.01 78

Nonaccrual 0.61 0.36 77 0.22 0.28 68 0.21 0.13 80 0.25 0.23 73 Total 0.61 0.41 76 0.22 0.32 67 0.21 0.15 78 0.25 0.28 72 3089 DAYS P/D 0.68 0.21 83 0.24 0.20 73 0.28 0.16 78 0.28 0.38 67 Total LN&LS90+ Days PastDue 1.56 0.12 97 1.91 0.14 97 2.53 0.20 97 3.46 0.29 96

Nonaccrual 1.15 0.68 82 1.06 0.68 82 1.25 0.78 81 1.65 1.07 76 Total 2.71 0.84 95 2.98 0.85 95 3.79 1.05 94 5.11 1.49 95 3089 DAYS P/D 0.97 0.34 91 1.06 0.41 90 1.26 0.48 91 1.47 0.60 92 Other Pertinent Ratios: NonCur LN&LS toLN&LSAllowance 237.22 86.39 91 255.58 87.09 93 291.94 95.30 93 324.55 109.75 94

Equity Capital 15.98 4.87 94 17.57 5.01 95 21.84 5.87 95 29.29 8.18 96 % Total P/D LN&LSInclNonaccrual 3.68 1.20 95 4.04 1.28 95 5.05 1.56 94 6.58 2.11 95

Non Curr LNS+OREO toLNS+OREO 2.82 0.99 94 3.12 1.05 95 4.07 1.35 92 5.57 1.91 94

NonCurr Restruct Debt/GrLN&LS 0.72 0.18 94 0.73 0.20 93 0.85 0.24 92 1.10 0.35 91

Curr+NonCurr Restruct/GRLN&LS 1.80 0.61 90 1.88 0.66 89 2.18 0.81 88 2.49 1.08 84

Current Restruct LN&LS 1.09 0.37 88 1.15 0.40 87 1.32 0.50 83 1.39 0.65 80

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Loans Sec 14 Fam RE inForclosure as % Total LoansSec 14 Fam RE

3.09 0.32 95 3.69 0.39 95 4.41 0.60 94 6.38 0.79 96

Gtyd LN&LS 90+ P/D /LN&LS 90+ P/D 2.92 5.01 70 2.74 6.75 64 2.82 11.31 61 5.51 15.69 60

Gtyd Nonaccrual LN&LS /Nonaccrual LN&LS 3.93 2.14 75 4.85 2.16 78 4.95 3.45 72 2.62 4.13 63

Gtyd LN&LS 3089 P/D /LN&LS 3089 P/D 3.94 2.41 77 2.60 2.40 70 3.32 4.12 68 6.42 5.58 71

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD Interest Rate Risk

OCC Charter # 1 County: MINNEHAHA Interest Rate Risk Analysis as a Percent of AssetsPage 9 10/5/2016 6:05:57PM

Public Report 6/30/2016 12/31/2015 12/31/2014 12/31/2013 Long Assets Instsw/Options BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT

Mortgage Loans & PassThrus 23.10 17.04 72 22.50 17.19 72 21.25 17.16 70 22.80 17.38 74

Loans & Securities Over15 Years 16.03 4.91 92 15.70 4.77 93 14.42 4.73 89 15.45 4.74 90

Loans & Securities 515Years 3.84 5.69 40 3.82 5.88 37 3.71 5.68 39 4.14 5.64 45

Other Loans and Securities 49.11 63.65 14 50.01 63.13 16 48.30 61.48 17 47.00 60.24 16 Loans & Securities Over15 Years 3.34 1.98 76 3.39 1.86 81 3.38 2.07 78 1.90 2.01 55

Loans & Securities 515Years 4.96 11.35 17 6.54 11.23 26 5.96 10.69 27 3.73 10.32 11

Total Loans & SecuritiesOver 15 Years 19.37 7.41 90 19.09 7.17 91 17.80 7.31 88 17.35 7.19 88

CMO'S Total 1.77 4.49 32 2.15 4.57 35 2.68 4.68 41 3.27 4.89 46 Avg Life Over 3 Years 0.93 2.97 33 1.10 3.36 31 1.34 3.26 37 2.02 3.46 41 Structured Notes 0.00 0.02 79 0.00 0.04 74 0.00 0.08 72 0.00 0.10 71 Mortgage Servicing (FV) 0.71 0.08 96 0.88 0.08 97 0.94 0.08 97 1.26 0.08 98 Total 0.71 0.13 91 0.88 0.16 92 0.94 0.20 91 1.26 0.24 92 Overall Risk Indicators Available for Sale 13.85 14.58 51 15.07 14.91 58 14.78 15.06 57 15.71 15.95 58 Held to Maturity 5.91 2.97 74 4.98 3.14 68 3.62 3.02 66 0.90 2.79 53 Off Balance Sheet 67.30 25.77 92 71.21 25.02 93 76.70 24.75 94 82.00 25.28 93 UnrealizedAppreciation/Depreciation 0.22 0.09 83 0.02 0.02 68 0.06 0.04 73 0.01 0.04 39

Unrealized App/Dep % TierOne Cap 2.80 1.02 84 0.29 0.29 71 0.73 0.50 73 0.09 0.48 38

Contractual Mat/RepriceData

Loans/Securities Over 3Year 36.37 42.41 31 36.97 42.95 34 34.34 42.70 25 31.98 42.48 19

Liabilities Over 3 Year 1.11 1.63 46 1.15 1.78 48 1.22 1.86 47 1.55 2.05 51 Net Over 3 Year Position 35.26 40.37 34 35.82 40.90 35 33.11 40.58 28 30.43 40.13 21 Loans/Securities Over 1Year 40.85 55.18 16 42.56 55.75 19 40.64 55.63 17 38.49 54.90 14

Liabilities Over 1 Year 2.26 5.97 23 1.77 6.24 17 2.18 6.12 21 2.96 6.43 28 Net Over 1 Year Position 38.59 48.59 24 40.79 48.98 26 38.46 48.85 22 35.52 47.95 15 NonMaturity Deposits 61.39 63.57 41 63.83 63.74 48 62.54 62.56 45 66.54 61.14 61 NonMaturity Deps % LongAssets 168.79 159.72 62 172.67 159.75 65 182.15 156.69 69 208.10 154.17 83

Net Over 3 Year Position 25.02 20.59 38 26.86 20.11 35 28.21 19.08 33 34.57 18.04 20 As % Tier 1 Capital Structured Notes 0.00 0.25 79 0.00 0.43 74 0.00 0.80 72 0.00 1.04 71 Mortgage Servicing (FV) 9.27 0.81 97 11.18 0.88 97 12.08 0.79 97 15.71 0.88 98 Total 9.27 1.37 93 11.18 1.71 93 12.08 2.14 91 15.71 2.54 93

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD Liquidity & Funding

OCC Charter # 1 County: MINNEHAHA Liquidity & FundingPage 10 10/5/2016 6:05:58PM

Public Report 6/30/2016 12/31/2015 12/31/2014 12/31/2013 Percent of Total Deposits BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT Individ, Partnerships, andCorp. 92.19 91.65 49 92.00 91.48 50 90.84 91.73 39 91.45 91.81 44

U.S. Govt, States &Political Sub in U.S. 3.40 6.35 30 3.62 6.39 32 3.69 6.07 34 3.75 5.96 37

Comml Banks & Other DepInst. in U.S. 0.59 0.66 65 0.60 0.61 70 0.69 0.59 70 0.50 0.56 68

Banks in Foreign Countries 2.11 0.03 96 2.52 0.04 95 2.83 0.04 95 2.31 0.05 94 Foreign Govts and OfficialInst. 1.72 0.00 97 1.26 0.00 96 1.95 0.00 96 1.99 0.01 96

Total deposits 100.00 100.00 99 100.00 100.00 99 100.00 100.00 99 100.00 100.00 99 Domestic Demand Deposits 9.34 10.11 53 9.59 9.95 54 9.33 9.94 53 12.18 9.16 73 Domestic OtherTransaction Accts 0.17 2.52 15 0.17 2.78 16 0.23 2.67 16 1.09 2.68 30

Domestic NontransactionAccts 79.03 85.63 19 79.30 85.56 21 78.00 85.38 20 78.09 85.85 18

Total Domestic Deposits 88.55 97.63 3 89.06 98.01 3 87.55 97.75 4 91.36 96.84 6 Deposits in Foreign Offices 11.45 0.27 96 10.94 0.22 96 12.45 0.33 95 8.64 0.55 93 Total Deposits 100.00 100.00 99 100.00 100.00 99 100.00 100.00 99 100.00 100.00 99 Liquidity/Funding Ratios Net Non Core Fund Dep$250M 12.42 13.98 44 9.49 13.96 35 7.66 12.87 33 2.17 12.88 20

Net Non Core Fund Dep$100M 12.11 16.56 36 9.26 16.27 28 7.72 15.92 26 2.39 16.40 16

Core Deposits 61.44 69.38 21 64.26 69.58 26 63.50 69.83 25 68.03 69.64 35 Short Term Non CoreFunding 10.54 11.55 49 10.56 11.53 47 10.45 11.14 49 9.51 11.07 48

S.T Inv to S.T. Ncore Fund 148.90 66.54 84 145.02 67.12 83 157.85 78.57 81 167.20 84.04 83 S.T. Asset to S.T. Liabilities 229.37 156.33 77 214.25 159.60 74 222.33 153.50 77 240.20 154.69 79 Net S.T. Liabilities toAssets 13.05 3.19 22 11.92 3.23 25 12.93 2.50 21 13.64 2.27 21

Net Loans & Leases toDeposits 71.23 86.10 19 69.80 84.60 20 68.00 82.71 21 70.86 80.61 29

Net LN&LS to CoreDeposits 88.25 98.83 31 84.89 97.65 27 84.77 94.81 32 83.08 92.52 33

Brkr Dep Mat < 1 Yr to BrkrDeps 87.90 75.28 45 91.60 75.81 48 92.28 68.55 54 89.17 69.57 52

Brokered Deposits toDeposits 6.34 5.69 60 5.38 6.02 57 5.96 4.91 66 5.52 4.52 68

Listing Service Dep toDeposits 0.00 0.20 70 0.00 0.22 70 0.00 0.20 69 0.00 0.20 71

List Service and Brkrd Depto Deps 6.34 6.15 59 5.38 6.49 55 5.96 5.35 64 5.52 5.00 66

Sec Bor + sec FFP to TotBor + FFP 11.34 3.24 88 13.19 3.15 88 18.20 4.44 86 29.61 5.53 89

Recip Brkrd Dep to TotBrkrd Dep 0.00 14.12 46 0.00 14.26 47 0.00 13.55 44 0.00 14.17 45

Total Deposits Individ, Partnerships, andCorp. 1,192,460,000 1,157,872,000 1,101,980,000 1,001,944,000

U.S. Govt, States &Political Sub in U.S. 43,938,000 45,572,000 44,803,000 41,091,000

Comml Banks & Other DepInst. in U.S. 7,592,000 7,579,000 8,346,000 5,445,000

Banks in Foreign Countries 27,259,000 31,768,000 34,385,000 25,333,000 Foreign Govts and OfficialInst. 22,236,000 15,834,000 23,642,000 21,765,000

Total Deposits 1,293,485,000 1,258,625,000 1,213,156,000 1,095,578,000 Domestic Demand Deposits 120,781,000 120,702,000 113,172,000 133,492,000 Domestic OtherTransaction Accts 2,256,000 2,183,000 2,738,000 11,962,000

Domestic NontransactionAccts 1,022,300,000 998,091,000 946,212,000 855,505,000

Total Domestic Deposits 1,145,337,000 1,120,976,000 1,062,122,000 1,000,959,000 Deposits in Foreign Offices 148,148,000 137,649,000 151,034,000 94,619,000 Total Deposits 1,293,485,000 1,258,625,000 1,213,156,000 1,095,578,000 Other Liquidity/FundingData

Non Core Liabilities $250M 422,534,000 360,257,000 337,415,000 240,001,000 Non Core Liabilities $100M 418,615,000 357,564,000 338,091,000 242,180,000 Short Term Non CoreFunding 179,175,000 170,003,000 160,147,000 130,631,000

Core Deposits 1,044,104,000 1,034,890,000 973,247,000 934,462,000 Time Deps $250M & UnderMat < 1 Yr 14,688,000 20,319,000 67,052,000 55,482,000

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Time Deps $250M & UnderMat > 1 Yr 18,433,000 14,511,000 18,360,000 24,005,000

Time Deps over $250M Mat< 1 Yr 66,944,000 56,116,000 12,750,000 4,116,000

Time Deps over $250M Mat> 1 Yr 1,981,000 2,024,000 5,307,000 3,359,000

Fed Home Loan Bor Mat <1 Yr 8,000 9,000 7,000 15,000

Fed Home Loan Bor Mat >1 Yr 59,007,000 37,092,000 34,118,000 19,145,000

Other Borrowing Mat < 1Year 16,251,000 19,521,000 10,064,000 5,835,000

Other Borrowing Mat > 1Year 100,111,000 75,244,000 65,217,000 44,580,000

Secured Other Borrowings 17,218,000 15,302,000 15,459,000 19,232,000 Federal Funds Purchased 4,716,000 4,880,000 946,000 9,042,000 Secured Fed FundsPurchased 0 0 0 0

Listing Service Deposits 0 0 0 0 Brokered Deposits 82,026,000 67,720,000 72,309,000 60,506,000 Reciprocal BrokeredDeposits 0 0 0 0

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD

Liquidity & InvPortfolio

OCC Charter # 1 County: MINNEHAHA Liquidity & Investment PortfolioPage 10A 10/5/2016 6:05:59PM

Public Report 6/30/2016 12/31/2015 12/31/2014 12/31/2013 Percent of Total Assets BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT Short Term Investments 15.70 4.66 91 15.31 4.96 90 16.49 5.47 89 15.90 5.78 86 Marketable Equity Sec(MES) 0.00 0.04 47 0.00 0.04 50 0.00 0.04 48 0.01 0.04 49

Net LN&LS & SBLC toAssets 62.09 68.58 24 62.69 67.70 29 63.41 66.19 34 67.41 64.79 48

Pledged Assets 35.23 36.90 46 34.90 36.59 47 33.27 36.20 42 32.84 35.60 47 Securities Mix % Total Securities US Treas & GovtAgencies 20.58 13.24 71 23.15 14.00 71 21.55 14.81 69 0.22 13.65 22

Municipal Securities 15.16 12.90 61 14.39 11.92 60 14.09 11.88 59 15.59 11.16 66 PassThrough MtgBacked Secs 39.13 28.69 67 35.45 29.08 64 31.65 29.44 61 40.62 29.72 70

CMO & REMIC MtgBacked Secs 4.53 19.16 26 5.18 19.60 26 7.02 20.81 30 10.06 21.67 34

Commercial Mtg BackSecs 4.73 5.33 61 5.83 4.40 69 7.98 3.34 79 10.23 2.94 83

Asset Backed Securities 2.57 0.97 82 2.79 1.02 83 4.29 0.86 85 6.76 1.17 86 Structured FinancialProducts 10.44 0.49 95 9.99 0.47 95 9.44 0.36 96 8.73 0.53 95

Other Domestic DebtSecs 1.80 2.38 63 2.07 2.29 64 2.46 2.25 66 3.92 2.42 71

Foreign Debt Securities 1.06 0.31 87 1.14 0.33 87 1.51 0.37 88 3.81 0.48 90 Inv Mut Fnd & Oth Mktbl 0.01 0.24 46 0.02 0.23 48 0.02 0.29 47 0.04 0.27 50 Total 100.00 100.00 99 100.00 100.00 99 100.00 100.00 99 100.00 100.00 99 Liquidity/Securities Ratios: App (Dep) Hi Risk &Struc/T1 Cap 0.00 0.00 84 0.00 0.00 88 0.00 0.00 87 0.00 0.03 92

App (Dep) in AFS sec toAFS Sec 1.89 1.72 61 1.08 0.16 81 2.69 0.84 90 1.48 0.79 93

App (Dep) in HTM Sec toHTM Sec 3.51 2.62 68 0.46 1.00 42 1.55 1.59 55 0.82 0.69 51

App (Dep) in HTM Sec toEqy Cap 2.31 0.79 85 0.25 0.23 72 0.60 0.39 75 0.07 0.39 38

Pledged Securities to TotSec 26.99 46.79 23 32.69 47.51 31 33.38 49.94 29 33.60 50.23 26

Pledged Loans to TotalLoans 54.50 39.44 74 51.35 38.78 68 49.76 36.92 65 47.47 35.86 65

Loans Held for Sale toTotal Loans 1.86 0.72 85 1.60 0.54 87 1.75 0.49 87 1.30 0.41 86

Short Term Investments 266,796,000 246,535,000 252,792,000 218,409,000 Short Term Assets 393,193,000 360,081,000 360,097,000 321,014,000 Debt Securities 90+ DaysP/D 7,000 7,000 1,000 0

Total NonCurrent Debt Sec 24,000 29,000 45,000 128,000 Fair Value StructuredNotes 0 0 0 0

Pledged Securities 90,654,000 105,597,000 94,104,000 76,662,000 Pledged Loans & Leases 507,997,000 456,431,000 415,924,000 374,477,000 Loans Held for Sale 17,329,000 14,220,000 14,634,000 10,277,000

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD Capital Analysisa

OCC Charter # 1 County: MINNEHAHA Capital AnalysisPage 11 10/5/2016 6:06:00PM

Public Report 6/30/2016 12/31/2015 12/31/2014 12/31/2013 Capital Ratios BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT BANK PG 1 PCT Percent of Bank Equity: Net Loans & Leases (x) 5.83 5.89 48 5.84 5.91 49 5.69 5.64 54 5.64 5.52 54 Subord Notes &Debentures 8.64 1.20 91 10.26 1.20 92 12.90 1.30 94 14.27 1.38 94

Long Term Debt 8.64 1.20 91 10.26 1.20 92 12.90 1.30 94 14.27 1.38 94 Com RE & RelatedVentures 84.12 197.06 16 83.54 193.36 17 82.30 179.78 17 92.43 173.90 22

Percent of Average BankEquity:

Net Income 12.75 8.91 85 14.00 8.88 89 13.82 8.66 89 13.94 8.99 85 Dividends 6.48 3.45 79 9.13 3.88 85 12.01 3.80 93 8.04 3.93 78 Retained Earnings 6.27 5.13 62 4.87 4.53 53 1.81 4.32 23 5.90 4.28 67 Other Capital Ratios: Dividends to Net OperatingIncome 50.85 38.33 61 64.75 41.76 68 86.07 42.45 84 56.92 43.24 59

Bank Eq Cap + Min Int toAssets 9.32 11.62 14 9.37 11.49 21 9.49 11.68 20 10.04 11.79 26

Growth Rates: Total Equity Capital 7.43 11.30 48 3.81 10.29 35 5.34 12.26 38 2.97 5.26 47 Equity Growth Less AsstGrowth 1.94 0.37 37 1.26 0.38 51 6.25 1.65 18 5.52 0.51 27

Intang Assets % BankEquity

Mortgage Servicing Rights 7.50 0.61 97 9.18 0.65 98 9.71 0.57 97 12.32 0.63 98 Goodwill 14.53 13.05 54 14.27 13.26 54 14.92 12.82 56 15.66 13.30 57 Purch Credit CardRelations 0.15 0.02 91 0.17 0.02 92 0.24 0.02 91 0.08 0.02 89

All Other Intangibles 2.02 0.91 79 1.97 0.92 78 2.86 0.88 90 3.92 0.92 94 Total Intangibles 24.20 15.47 68 25.59 15.62 69 27.73 15.02 71 31.98 15.82 78 Tier One Leverage Capital 7.91 9.75 9 8.01 9.77 11 8.06 9.83 13 8.32 9.86 17 Standardized Capital Ratios(all banks)

Com Equity Tier 1 CapRatio 10.55 12.35 18 10.60 12.45 20 10.49 15.68 13 N/A 0.00 N/A

Tier One Capital Ratio 10.55 12.43 17 10.60 12.53 19 10.49 13.21 12 10.41 13.48 5 Total Capital Ratio 12.43 13.54 35 12.52 13.64 34 12.61 14.39 26 12.93 14.78 23 Adv App Cap Ratios (exitparallel run)

Com Equity Tier 1 CapRatio 11.14 22.01 6 11.53 19.52 11 N/A 15.70 N/A N/A 0.00 N/A

Tier 1 Capital Ratio 11.14 22.04 6 11.53 19.55 11 N/A 15.77 N/A N/A 0.00 N/A Total Capital Ratio 12.25 23.05 6 12.77 20.42 17 N/A 17.02 N/A N/A 0.00 N/A End of Period Capital ($000) Perpetual Preferred 0 0 0 0 + Common Stock 519,000 519,000 519,000 519,000 + Surplus 106,705,000 106,703,000 106,158,000 103,010,000 + Retained Earnings 46,032,000 41,194,000 34,288,000 32,028,000 + Accum Other CompIncome 4,807,000 2,097,000 4,019,000 2,080,000

+ Other Equity CapitalComp 0 0 0 0

Total Bank Equity Capital 158,063,000 150,513,000 144,984,000 137,637,000 Minority Interest ConsSubs 398,000 406,000 427,000 207,000

Total Bank Capital & MinInt 158,461,000 150,919,000 145,411,000 137,844,000

Subordinated Notes &Debentures 13,650,000 15,438,000 18,701,000 19,642,000

Changes in Bank Equity($000)

Balance at Beginning ofPeriod 150,513,000 144,984,000 137,637,000 133,663,000

+ Net Income 9,839,000 20,696,000 19,569,000 19,075,000 + Sales or Purchase ofCapital 0 0 0 0

+ Merger & Absorptions 2,000 646,000 18,000 360,000 + Restate due to AcctgError&Chg 0 0 0 0

+ Trans with Parent 0 392,000 2,821,000 603,000 Dividends 5,000,000 13,500,000 17,000,000 11,000,000 + Other ComprehensiveIncome 2,709,000 1,921,000 1,939,000 5,064,000

Balance at End of Period 158,063,000 150,513,000 144,984,000 137,637,000

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Intangible Assets Mortgage Servicing Rights 11,853,000 13,815,000 14,085,000 16,954,000 + Purch Credit CardRelations. 241,000 261,000 353,000 109,000

+ Other Intangibles 3,188,000 2,966,000 4,140,000 5,401,000 + Goodwill 22,964,000 21,471,000 21,627,000 21,549,000 Total Intangibles 38,246,000 38,513,000 40,205,000 44,013,000 Total Assets for LeverageRatio:

Average TotalConsolidated Assets 1,675,076,000 1,604,971,000 1,503,117,000 1,349,541,000

Less: Ded from CET1 Cap& add T1C 24,055,000 21,996,000 21,864,000 N/A

Less: Other Deductions 2,359,000 1,322,000 6,323,000 N/A Total Assets for LeverageRatio 1,653,380,000 1,584,297,000 1,487,576,000 1,324,015,000

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD Capital Analysisb

OCC Charter # 1 County: MINNEHAHA Capital AnalysisPage 11A 10/5/2016 6:06:02PM

Public Report 6/30/2016 12/31/2015 12/31/2014 12/31/2013 Capital Analysis ($000) Common Equity Tier 1Capital: ($000)

Common Stock Plus RelatedSurplus 107,224,000 107,222,000 106,677,000 N/A

Retained Earnings 46,032,000 41,194,000 34,288,000 32,028,000 Accum OtherComprehensive Inc (AOCI) 3,721,000 1,127,000 1,026,000 N/A

Common Equity T1 MinorityInterest 0 0 0 N/A

Common Equity T1 CapBefore Adj/Ded 156,977,000 149,543,000 141,991,000 N/A

Common Equity Tier 1Capital: Adj/Ded

Less: Goodwill 22,358,000 20,898,000 21,099,000 N/A Less: Intangible Assets 1,495,000 837,000 585,000 N/A Less: DTA (NOL & TaxCredit Only) 48,000 34,000 92,000 N/A

AOCIRelatedAdjustmentsOpt Out N/A N/A N/A N/A

AOCIRelatedAdjustmentsNo Opt Out 2,199,000 620,000 320,000 N/A

Oth Ded (add) CET1 befthreshold ded 86,000 96,000 3,000 N/A

Less: NonsignificantInvestments 0 0 0 N/A

Subtotal before ThresholdLimits 130,791,000 127,058,000 119,892,000 N/A

Less: Sig Inv, MSAs, DTA> 10% Limit 0 0 0 N/A

Less: Sig Inv, MSAs, DTA> 15% Limit 0 0 0 N/A

Less: Ded due to insuff T1and T2 Cap 91,000 156,000 0 N/A

Total Adj and Ded forCET1 Capital 91,000 156,000 0 N/A

Common Equity Tier 1Capital 130,700,000 126,902,000 119,892,000 N/A

Additional Tier 1 Capital: Additional T1C Inst &Related Surplus 0 0 0 N/A

Nonqualifying Cap Instsub to phaseout 0 0 0 N/A

Tier 1 Minority Int Not Inclin CET1 Cap 0 0 0 N/A

Additional T1 Cap BeforeDeductions 0 0 0 N/A

Less: Additional T1 CapDeductions 91,000 156,000 65,000 N/A

Additional Tier 1 Capital 0 0 0 N/A Tier 1 Capital 130,700,000 126,902,000 119,892,000 110,098,000 Tier 2 Capital: T2 Cap Instruments &Related Surplus 11,360,000 11,426,000 12,099,000 N/A

Nonqualifying CapitalInstruments 270,000 315,000 357,000 N/A

Tot Cap Min Int Not Incl inT1 Cap 0 0 0 N/A

ALLL in Tier 2 Capital 11,730,000 11,313,000 11,690,000 12,888,000 Exited Adv App Eligible CrReserves 1,348,000 1,889,000 N/A N/A

Unrealized Gains on AFSPref Stock 8,000 14,000 3,000 N/A

Tier 2 Capital BeforeDeductions 23,368,000 23,068,000 24,149,000 N/A

Exited Adv App T2C BeforeDeductions 12,986,000 13,644,000 N/A N/A

Less: Tier 2 CapitalDeductions 0 0 0 N/A

Tier 2 Capital StandardizedApproaches 23,368,000 23,068,000 24,149,000 26,574,000

Tier 2 Capital AdvancedApproaches 12,986,000 13,644,000 N/A N/A

Total Capital StandardizedApproaches 154,068,000 149,970,000 144,041,000 136,672,000

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Total Capital AdvancedApproaches 143,686,000 140,546,000 N/A N/A

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD Capital Analysisc

OCC Charter # 1 County: MINNEHAHA Capital AnalysisPage 11B 10/5/2016 6:06:04PM

Public Report 6/30/2016 12/31/2015 12/31/2014 12/31/2013 Risk Weighted Assets On BS Assets andSecuritization Exp

20% Category 41,292,600 36,817,600 45,103,200 50,066,400 50% Category 132,806,000 125,525,000 116,379,000 106,804,000 100% Category 683,783,000 645,534,000 701,412,000 649,735,000 150% Category 43,831,500 40,188,000 N/A N/A 300% Category 0 0 N/A N/A 400% Category 0 0 N/A N/A 600% Category 0 0 N/A N/A 1250% Category 0 0 N/A N/A Other RiskWeighting AppCategories 7,100,000 12,778,000 N/A N/A

Tot RWA Securitization ExpSSFA Mthd 50,318,000 59,852,000 N/A N/A

Total RWA SecuritizationExp GrossUp 0 0 N/A N/A

OnBalance Sheet RiskWeighted Assets 959,131,100 920,694,600 862,894,200 806,605,400

Memo 0% Cagetory $ 320,977,000 316,835,000 308,006,000 210,074,000 Off BS/Oth Items Subj toRisk Weighting

2% Category 429,400 391,020 N/A N/A 4% Category 1,560 12,120 N/A N/A 10% Category 0 0 N/A N/A 20% Category 10,432,000 10,214,940 13,495,000 14,956,400 50% Category 520,550 64,950 12,699,500 9,938,000 100% Category 225,996,000 224,577,700 236,445,300 205,604,800 150% Category 13,718,100 12,178,500 N/A N/A 625% Category 0 0 N/A N/A 937.5% Category 0 0 N/A N/A 1250% Category 0 0 N/A N/A Oth RiskWeighting AppCategories 0 0 N/A N/A

Tot RWA Securitization ExpSSFA Mthd 10,552,000 12,349,000 N/A N/A

Total RWA SecuritizationExp GrossUp 0 0 N/A N/A

Tot Deriv, OffBS and Oth Risk Wght 261,649,610 259,788,230 262,639,800 230,499,200

Memo 0% Cagetory $ 1,324,000 857,000 328,000 436,000 Standardized Market RiskWeighted Assets 18,236,000 16,874,000 16,978,000 20,286,000

RiskWeighted Asset BeforeDed 1,239,029,210 1,197,631,830 1,125,534,000 1,037,104,600

Excess Allowable LN&LSLoss 0 0 0 0

Allocated Transfer RiskReserve 0 0 0 0

Total Risk Weighted Assets 1,239,029,210 1,197,631,830 1,142,512,000 1,057,390,600 Current Credit Exposure AllDerivatives 28,655,000 18,977,000 15,821,000 14,955,000

Derivatives Notional PrinAmounts

OTC Contracts Total 1,561,928,000 1,515,575,000 N/A N/A Interest Rate 1,090,869,000 1,079,558,000 N/A N/A All Other 471,059,000 436,017,000 N/A N/A Centrally Clreared ContractsTotal 4,828,486,000 3,964,075,000 N/A N/A

Interest Rate 4,773,373,000 3,923,102,000 N/A N/A All Other 55,113,000 40,973,000 N/A N/A

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FDIC Certificate #3511

FRB District/ID_RSSD 9 /451965

WELLS FARGO BANK, NATIONAL ASSOCIATION ; SIOUX FALLS ,SD Capital Analysisd

OCC Charter # 1 County: MINNEHAHA Capital AnalysisPage 11C 10/5/2016 6:06:05PM

Public Report 6/30/2016 12/31/2015 12/31/2014 12/31/2013 Risk Based Capital ($000) Tier One Capital Total Equity CapitalAdjusted N/A N/A N/A 135,578,000

Ineligible Def Tax Assets 48,000 34,000 92,000 0 Ineligible Intangibles 23,853,000 21,735,000 21,684,000 25,480,000 Cumul Change F.V.Financial Liab N/A N/A N/A 0

Net Tier One 130,700,000 126,902,000 119,892,000 110,098,000 Tier Two Capital + Qualif Debt and RedeemPfd N/A N/A N/A 13,667,000

+ Cumulative PreferredStock N/A N/A N/A 0

+ Allowable LN&LS LossAllow 11,730,000 11,313,000 11,690,000 12,888,000

+ Unrl Gain Mktbl Eqy Sec(45%) N/A N/A N/A 19,000

+ Other Tier 2 Capital Comp N/A N/A N/A 0 Net Eligible Tier Two 23,368,000 23,068,000 24,149,000 26,574,000 Total RBC BeforeDeductions

Tier One & Tier Two 154,068,000 149,970,000 144,041,000 136,672,000 Tier Three & Fin Sub Adj N/A N/A N/A N/A Deductions for Total RBC N/A N/A N/A 0 Total RiskBasedCapital 154,068,000 149,970,000 144,041,000 136,672,000 RiskWeighted Assets OnBalance Sheet Category Two 20% 41,292,600 36,817,600 45,103,200 50,066,400 Category Three 50% 132,806,000 125,525,000 116,379,000 106,804,000 Category Four 100% 683,783,000 645,534,000 701,412,000 649,735,000 Total OnBalance Sheet 959,131,100 920,694,600 862,894,200 806,605,400 Memo: Category One 0% 320,977,000 316,835,000 308,006,000 210,074,000 OffBalance Sheet Category Two 20% 10,432,000 10,214,940 13,495,000 14,956,400 Category Three 50% 520,550 64,950 12,699,500 9,938,000 Category Four 100% 225,996,000 224,577,700 236,445,300 205,604,800 Total OffBalance Sheet 261,649,610 259,788,230 262,639,800 230,499,200 Memo: Category One 0% 1,324,000 857,000 328,000 436,000 Adjustments to RiskWgtAssets

RiskWeighted Asset BeforeDed 1,239,029,210 1,197,631,830 1,125,534,000 1,037,104,600

Excess Allowable LN&LSLoss Al 0 0 0 0

Allocated Transfer RiskReserve 0 0 0 0

+ Mkt Risk Asset & Fin SubAdj N/A N/A 16,978,000 20,286,000

Total RiskWeighted Assets 1,239,029,210 1,197,631,830 1,142,512,000 1,057,390,600

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