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: 2015 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2015 10-K (Filed: Feb 24, 2016) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2015 | Dec 31, 2014 | |
| Assets | ||
| Cash and due from banks | $ 19,111 | 19,571 |
| Federal funds sold, securities purchased under resale agreements and other short-term investments | 270,130 | 258,429 |
| Trading assets | 77,202 | 78,255 |
| Investment securities: | ||
| Available-for-sale, at fair value | 267,358 | 257,442 |
| Held-to-maturity, at cost (fair value $80,567 and $56,359) | 80,197 | 55,483 |
| Mortgages held for sale (includes $13,539 and $15,565 carried at fair value) | 19,603 | 19,536 |
| Loans held for sale (includes $0 and $1 carried at fair value) | 279 [1] | 722 |
| Loans (includes $5,316 and $5,788 carried at fair value) | 916,559 | 862,551 |
| Allowance for loan losses | (11,545) | (12,319) |
| Net loans | 905,014 | 850,232 |
| Mortgage servicing rights: | ||
| Measured at fair value | 12,415 | 12,738 |
| Amortized | 1,308 | 1,242 |
| Premises and equipment, net | 8,704 | 8,743 |
| Goodwill | 25,529 | 25,705 |
| Other assets (includes $3,065 and $2,512 carried at fair value) | 100,782 | 99,057 |
| Total assets | 1,787,632 | 1,687,155 [2] |
| Liabilities | ||
| Noninterest-bearing deposits | 351,579 | 321,963 |
| Interest-bearing deposits | 871,733 | 846,347 |
| Total deposits | 1,223,312 | 1,168,310 |
| Short-term borrowings | 97,528 | 63,518 |
| Accrued expenses and other liabilities | 73,365 | 86,122 |
| Long-term debt | 199,536 | 183,943 |
| Total liabilities | 1,593,741 [3] | 1,501,893 |
| Equity | ||
| Wells Fargo stockholders' equity: | ||
| Preferred stock | 22,214 | 19,213 |
| Common stock $1-2/3 par value, authorized 9,000,000,000 shares; issued 5,481,811,474 shares | 9,136 | 9,136 |
| Additional paid-in capital | 60,714 | 60,537 |
| Retained earnings | 120,866 | 107,040 |
| Cumulative other comprehensive income | 297 | 3,518 |
| Treasury stock 389,682,664 shares and 311,462,276 shares | (18,867) | (13,690) |
| Unearned ESOP shares | (1,362) | (1,360) |
| Total Wells Fargo stockholders' equity | 192,998 | 184,394 |
| Noncontrolling interests | 893 | 868 |
| Total equity | 193,891 | 185,262 |
| Total liabilities and equity | 1,787,632 | 1,687,155 |
| [1] Parenthetical amounts represent assets and liabilities for which we have elected the fair value option. | ||
| [2] Our consolidated assets at December 31, 2015 and 2014, 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, $157 million and $117 million; Trading assets, $1 million and $0 million; Investment securities, $425 million and $875 million; Net loans, $4.8 billion and $4.5 billion; Other assets, $242 million and $316 million; and Total assets, $5.6 billion and $5.8 billion, respectively. | ||
| [3] Our consolidated liabilities at December 31, 2015 and 2014, include the following VIE liabilities for which the VIE creditors do not have recourse to Wells Fargo: Accrued expenses and other liabilities, $57 million and $49 million; Long-term debt, $1.3 billion and $1.6 billion; and Total liabilities, $1.4 billion and $1.7 billion, respectively. | ||
| External Links | |
| WELLS FARGO & COMPANY/MN (WFC) Fiscal Year 2015 | |
| 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 |