10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
WELLS FARGO & COMPANY/MN | ||
Ticker: WFC Fiscal Year: 2010 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2010 10-K (Filed: Feb 25, 2011) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2010 | Dec 31, 2009 | |
| Assets | ||
| Cash and due from banks | $ 16,044 | 27,080 |
| Federal funds sold, securities purchased under resale agreements and other short-term investments | 80,637 | 40,885 |
| Trading assets | 51,414 | 43,039 |
| Securities available for sale | 172,654 | 172,710 |
| Mortgages held for sale (includes $47,531and $36,962 carried at fair value) | 51,763 | 39,094 |
| Loans held for sale (includes $873 and $149 carried at fair value) | 1,290 | 5,733 |
| Loans (includes $309 carried at fair value at December 31, 2010) | 757,267 | 782,770 |
| Allowance for loan losses | (23,022) | (24,516) |
| Net loans | 734,245 | 758,254 |
| Mortgage servicing rights: | ||
| Measured at fair value | 14,467 | 16,004 |
| Amortized | 1,419 | 1,119 |
| Premises and equipment, net | 9,644 | 10,736 |
| Goodwill | 24,770 | 24,812 |
| Other assets | 99,781 | 104,180 |
| Total assets | 1,258,128 | 1,243,646 [1] |
| Liabilities | ||
| Noninterest-bearing deposits | 191,256 | 181,356 |
| Interest-bearing deposits | 656,686 | 642,662 |
| Total deposits | 847,942 | 824,018 |
| Short-term borrowings | 55,401 | 38,966 |
| Accrued expenses and other liabilities | 69,913 | 62,442 |
| Long-term debt (includes $306 carried at fair value at December 31, 2010) | 156,983 | 203,861 |
| Total liabilities | 1,130,239 | 1,129,287 [2] |
| Equity | ||
| Wells Fargo stockholders' equity: | ||
| Preferred stock | 8,689 | 8,485 |
| Common stock - $1-2/3 par value, authorized 9,000,000,000 shares; issued 5,272,414,622 shares and 5,245,971,422 shares | 8,787 | 8,743 |
| Additional paid-in capital | 53,426 | 52,878 |
| Retained earnings | 51,918 | 41,563 |
| Cumulative other comprehensive income (loss) | 4,738 | 3,009 |
| Treasury stock - 10,131,394 shares and 67,346,829 shares | (487) | (2,450) |
| Unearned ESOP shares | (663) | (442) |
| Total Wells Fargo stockholders' equity | 126,408 | 111,786 |
| Noncontrolling interests | 1,481 | 2,573 |
| Total equity | 127,889 | 114,359 |
| Total liabilities and equity | 1,258,128 | 1,243,646 |
| [1] Our consolidated assets at December 31, 2010, include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Cash and due from banks, $200 million; Trading assets, $143 million; Securities available for sale, $2.2 billion; Net loans, $16.7 billion; Other assets, $2.0 billion, and Total assets, $21.2 billion. | ||
| [2] Our consolidated liabilities at December 31, 2010, include the following VIE liabilities for which the VIE creditors do not have recourse to Wells Fargo: Short-term borrowings, $7 million; Accrued expenses and other liabilities, $71 million; Long-term debt, $8.3 billion; and Total liabilities, $8.4 billion. | ||
| External Links | |
| WELLS FARGO & COMPANY/MN (WFC) Fiscal Year 2010 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |