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: 2013 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2013 10-K (Filed: Feb 26, 2014) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2013 | Dec 31, 2012 | |
| Assets | ||
| Cash and due from banks | $ 19,919 | 21,860 |
| Federal funds sold, securities purchased under resale agreements and other short-term investments | 213,793 | 137,313 |
| Trading assets | 62,813 | 57,482 |
| Investment securities: | ||
| Available-for-sale, at fair value | 252,007 | 235,199 |
| Held-to-maturity, at cost (included $12,247 and $0 fair value) | 12,346 | 0 |
| Mortgages held for sale (includes $13,879 and $42,305 carried at fair value) | 16,763 | 47,149 |
| Loans held for sale (includes $1 and $6 carried at fair value) | 133 | 110 |
| Loans (includes $5,995 and $6,206 carried at fair value) | 825,799 | 799,574 |
| Allowance for loan losses | (14,502) | (17,060) |
| Net loans | 811,297 | 782,514 |
| Mortgage servicing rights: | ||
| Measured at fair value | 15,580 | 11,538 |
| Amortized | 1,229 | 1,160 |
| Premises and equipment, net | 9,156 | 9,428 |
| Goodwill | 25,637 | 25,637 |
| Other assets (includes $1,386 and $0 carried at fair value) | 86,342 | 93,578 [1] |
| Total assets | 1,527,015 | 1,422,968 [2] |
| Liabilities | ||
| Noninterest-bearing deposits | 288,117 | 288,207 |
| Interest-bearing deposits | 791,060 | 714,628 |
| Total deposits | 1,079,177 | 1,002,835 |
| Short-term borrowings | 53,883 | 57,175 |
| Accrued expenses and other liabilities | 69,949 | 76,668 |
| Long-term debt (includes $0 and $1 carried at fair value) | 152,998 | 127,379 |
| Total liabilities | 1,356,007 | 1,264,057 [3] |
| Equity | ||
| Wells Fargo stockholders' equity: | ||
| Preferred stock | 16,267 | 12,883 |
| Common stock - $1-2/3 par value, authorized 9,000,000,000 shares; issued 5,481,811,474 shares and 5,481,811,474 shares | 9,136 | 9,136 |
| Additional paid-in capital | 60,296 | 59,802 |
| Retained earnings | 92,361 | 77,679 |
| Cumulative other comprehensive income | 1,386 | 5,650 |
| Treasury stock - 224,648,769 shares and 215,497,298 shares | (8,104) | (6,610) |
| Unearned ESOP shares | (1,200) | (986) |
| Total Wells Fargo stockholders' equity | 170,142 | 157,554 |
| Noncontrolling interests | 866 | 1,357 |
| Total equity | 171,008 | 158,911 |
| Total liabilities and equity | 1,527,015 | 1,422,968 |
| [1] Parenthetical amounts represent assets and liabilities for which we have elected the fair value option. | ||
| [2] Our consolidated assets at December 31, 2013 and December 31, 2012, 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, $165 million and $260 million; Trading assets, $162 million and $114 million; Investment Securities, $1.4 billion and $2.8 billion; Mortgages held for sale, $38 million and $469 million; Net loans, $6.0 billion and $10.6 billion; Other assets, $347 million and $457 million, and Tot | ||
| [3] Our consolidated liabilities at December 31, 2013 and December 31, 2012, include the following VIE liabilities for which the VIE creditors do not have recourse to Wells Fargo: Short-term borrowings, $29 million and $0 million; Accrued expenses and other liabilities, $90 million and $134 million; Long-term debt, $2.3 billion and $3.5 billion; and Total liabilities, $2.4 billion and $3.6 billion, respectively. | ||
| External Links | |
| WELLS FARGO & COMPANY/MN (WFC) Fiscal Year 2013 | |
| 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 |