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: 2016 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2016 10-K (Filed: Mar 1, 2017) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2016 | Dec 31, 2015 | |
| Assets | ||
| Cash and due from banks | $ 20,729 | 19,111 |
| Federal funds sold, securities purchased under resale agreements and other short-term investments | 266,038 | 270,130 |
| Trading assets (1) | 74,397 | 64,815 |
| Investment securities: | ||
| Available-for-sale, at fair value | 308,364 | 267,358 |
| Held-to-maturity, at cost (fair value $99,155 and $80,567) | 99,583 | 80,197 |
| Mortgages held for sale (includes $22,042 and $13,539 carried at fair value) | 26,309 | 19,603 |
| Loans held for sale | 80 | 279 |
| Loans (includes $758 and $5,316 carried at fair value) | 967,604 [1] | 916,559 |
| Allowance for loan losses | (11,419) | (11,545) |
| Net loans | 956,185 | 905,014 |
| Mortgage servicing rights: | ||
| Measured at fair value | 12,959 | 12,415 |
| Amortized | 1,406 | 1,308 |
| Premises and equipment, net | 8,333 | 8,704 |
| Goodwill | 26,693 | 25,529 |
| Net amounts in consolidated balance sheet, asset | 14,498 | 17,656 |
| Other assets (includes $3,275 and $3,065 carried at fair value) | 114,541 | 95,513 [2] |
| Total assets | 1,930,115 [3] | 1,787,632 |
| Liabilities | ||
| Noninterest-bearing deposits | 375,967 | 351,579 |
| Interest-bearing deposits | 930,112 | 871,733 |
| Total deposits | 1,306,079 | 1,223,312 |
| Short-term borrowings | 96,781 | 97,528 |
| Net amounts in consolidated balance sheet, liability | 14,492 | 13,920 |
| Accrued expenses and other liabilities | 57,189 | 59,445 |
| Long-term debt | 255,077 | 199,536 |
| Total liabilities | 1,729,618 | 1,593,741 |
| Equity | ||
| Wells Fargo stockholders' equity: | ||
| Preferred stock | 24,551 | 22,214 |
| 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 | 60,234 | 60,714 |
| Retained earnings | 133,075 | 120,866 |
| Cumulative other comprehensive income (loss) | (3,137) | 297 |
| Treasury stock 465,702,148 shares and 389,682,664 shares | (22,713) | (18,867) |
| Unearned ESOP shares | (1,565) | (1,362) |
| Total Wells Fargo stockholders' equity | 199,581 | 192,998 |
| Noncontrolling interests | 916 | 893 |
| Total equity | 200,497 | 193,891 |
| Total liabilities and equity | 1,930,115 | 1,787,632 |
| [1] (2)Parenthetical amounts represent assets and liabilities for which we have elected the fair value option. | ||
| [2] (1)Prior period has been revised to conform to the current period presentation of reporting derivative assets and liabilities separately. See Note 1 (Summary of Significant Accounting Policies) for more information. | ||
| [3] (3)Our consolidated assets at December 31, 2016 and 2015, 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, $168 million and $157 million; Federal funds sold, securities purchased under resale agreements and other short-term investments, $74 million and $0 million; Trading assets, $130 million and $0 million; Investment securities, $0 million and $425 million; Net loans, $12.6 billion and $4.8 bil | ||
| External Links | |
| WELLS FARGO & COMPANY/MN (WFC) Fiscal Year 2016 | |
| 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 |