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Citicorp and Wells Fargo Branch Network

Citicorp and Wells Fargo Branch Network after Wachovia Acquisition

Citicorp and Wells Fargo Branch Network after Wachovia Acquisition

Here’s a look at the current branch network for Citi and Wells before Wachovia and after Wachovia assuming Citi gets the Northeast and Wells the rest:

Branch Network Pre-Wachovia Bid

Branch Network Pre-Wachovia Bid

Here’s the unerlying data by state:

Billions of Dollars in Deposits*
Pre-Wachovia Bid Post Wachovia Acquisition
State Citigroup Wachovia Wells Fargo Wells Fargo Citigroup
AZ  $            -    $           3.3  $           15.2  $          18.4  $                      -  
CA  $         42.6  $          43.1  $        107.7  $        150.8  $                  42.6
CO  $              -    $             5.5  $           13.9  $          19.4  $                      -  
CT  $            1.7  $             7.1  $               -    $               -    $                    8.8
DC  $            2.1  $             7.9  $               -    $               -    $                  10.0
DE  $            5.8  $             1.7  $               -    $               -    $                    7.5
FL  $            8.6  $          71.3  $               -    $          71.3  $                    8.6
GA  $              -    $          27.1  $               -    $          27.1  $                      -  
GU  $            0.3  $               -    $               -    $               -    $                      -  
IL  $            7.6  $             1.4  $             0.4  $             1.8  $                    7.6
MA  $            0.2  $               -    $               -    $               -    $                    0.2
MD  $            1.3  $             7.5  $               -    $             7.5  $                    1.3
MI  $              -    $               -    $             0.6  $             0.6  $                      -  
NJ  $            1.0  $          28.7  $               -    $               -    $                  29.8
NV  $         76.0  $             1.3  $             8.2  $             9.5  $                  76.0
NY  $         57.4  $          13.6  $               -    $               -    $                  71.0
OH  $              -    $               -    $             0.1  $             0.1  $                      -  
PA  $            0.1  $          30.7  $               -    $               -    $                  30.8
PR  $            6.0  $               -    $               -    $               -    $                      -  
SD  $         33.2  $               -    $           16.8  $          16.8  $                  33.2
TX  $            4.6  $          12.2  $           28.1  $          40.4  $                    4.6
UT  $              -    $               -    $           17.6  $          17.6  $                      -  
VA  $            0.8  $          25.9  $               -    $          25.9  $                    0.8
VI  $              -    $               -    $               -    $               -    $                      -  
AR  $              -    $               -    $               -    $               -    $                      -  
AL  $              -    $             8.6  $               -    $             8.6  $                      -  
AK  $              -    $               -    $             3.0  $             3.0  $                      -  
HI  $              -    $               -    $               -    $               -    $                      -  
IA  $              -    $               -    $             4.6  $             4.6  $                      -  
ID  $              -    $               -    $             3.5  $             3.5  $                      -  
IN  $              -    $               -    $             1.5  $             1.5  $                      -  
KS  $              -    $             1.6  $               -    $             1.6  $                      -  
KY  $              -    $               -    $               -    $               -    $                      -  
LA  $              -    $               -    $               -    $               -    $                      -  
ME  $              -    $               -    $               -    $               -    $                      -  
MN  $              -    $               -    $           34.9  $          34.9  $                      -  
MO  $              -    $               -    $               -    $               -    $                      -  
MS  $              -    $             0.5  $               -    $             0.5  $                      -  
MT  $              -    $               -    $             1.6  $             1.6  $                      -  
NC  $              -    $          81.8  $               -    $          81.8  $                      -  
ND  $              -    $               -    $             1.3  $             1.3  $                      -  
NE  $              -    $               -    $             3.1  $             3.1  $                      -  
NH  $              -    $               -    $               -    $               -    $                      -  
NM  $              -    $               -    $             4.6  $             4.6  $                      -  
OK  $              -    $               -    $               -    $               -    $                      -  
OR  $              -    $               -    $             5.9  $             5.9  $                      -  
RI  $              -    $               -    $               -    $               -    $                      -  
SC  $              -    $          11.6  $               -    $          11.6  $                      -  
TN  $              -    $             0.4  $               -    $             0.4  $                      -  
VT  $              -    $               -    $               -    $               -    $                      -  
WA  $              -    $               -    $             7.4  $             7.4  $                      -  
WI  $              -    $               -    $             2.6  $             2.6  $                      -  
WV  $              -    $               -    $               -    $               -    $                      -  
WY  $              -    $               -    $             0.8  $             0.8  $                      -  
Total  $       249.3  $        392.7  $        283.6  $        586.7  $               332.7
* Branch Deposit Figures as Reported on the June 30, 2007 SOD from the FDIC
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