TheStreet's Jim Cramer is keeping an eye on Wells Fargo (WFC) and Bank of America (BAC) when both banks report their latest quarterly results before the opening bell on Wednesday. Cramer says of Bank of America, 'it's the most levered to a rate hike. We think there has to be a rate hike eventually so we sit there and wait.' 'In the meantime', he continues, 'Wells Fargo is not waiting.' Cramer says CEO John Stumpf recently told him that 'he is using the deposits to be a little more creative on the yield curve, to be able to make a little money on the net interest margin.' Analysts surveyed by Thomson Reuters are expecting Wells Fargo to report earnings of $1.04 a share on $21.75 billion in revenue for the quarter. Bank of America is expected to post earnings of $0.34 a share on about $20 billion in revenue.