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: 2017 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2017 10-K (Filed: Mar 1, 2018) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2017 | Dec 31, 2016 | |
| Assets | ||
| Cash and due from banks | $ 23,367 | 20,729 |
| Federal funds sold, securities purchased under resale agreements and other short-term investments | 272,605 | 266,038 |
| Trading assets | 92,329 | 74,397 |
| Investment securities: | ||
| Available-for-sale, at fair value | 277,085 | 308,364 |
| Held-to-maturity, at cost (fair value $138,985 and $99,155) | 139,335 | 99,583 |
| Mortgages held for sale (includes $16,116 and $22,042 carried at fair value) | 20,070 | 26,309 [1] |
| Loans held for sale | 108 | 80 |
| Loans (includes $376 and $758 carried at fair value) | 956,770 | 967,604 |
| Allowance for loan losses | (11,004) | (11,419) |
| Net loans | 945,766 | 956,185 |
| Mortgage servicing rights: | ||
| Measured at fair value | 13,625 | 12,959 |
| Amortized | 1,424 | 1,406 |
| Premises and equipment, net | 8,847 | 8,333 |
| Goodwill | 26,587 | 26,693 |
| Net amounts in consolidated balance sheet, asset | 12,228 | 14,498 |
| Other assets (includes $4,867 and $3,275 carried at fair value) | 118,381 | 114,541 |
| Total assets | 1,951,757 | 1,930,115 [2] |
| Liabilities | ||
| Noninterest-bearing deposits | 373,722 | 375,967 |
| Interest-bearing deposits | 962,269 | 930,112 |
| Total deposits | 1,335,991 | 1,306,079 |
| Short-term borrowings | 103,256 | 96,781 |
| Net amounts in consolidated balance sheet, liability | 8,796 | 14,492 |
| Accrued expenses and other liabilities | 70,615 | 57,189 |
| Long-term debt | 225,020 | 255,077 |
| Total liabilities | 1,743,678 | 1,729,618 |
| Equity | ||
| Wells Fargo stockholders' equity: | ||
| Preferred stock | 25,358 | 24,551 |
| 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 | 60,893 | 60,234 |
| Retained earnings | 145,263 | 133,075 |
| Cumulative other comprehensive income (loss) | (2,144) | (3,137) |
| Treasury stock 590,194,846 shares and 465,702,148 shares | (29,892) | (22,713) |
| Unearned ESOP shares | (1,678) | (1,565) |
| Total Wells Fargo stockholders' equity | 206,936 | 199,581 |
| Noncontrolling interests | 1,143 | 916 |
| Total equity | 208,079 | 200,497 |
| Total liabilities and equity | 1,951,757 | 1,930,115 |
| [1] (1)Parenthetical amounts represent assets and liabilities for which we have elected the fair value option. | ||
| [2] (2)Our consolidated assets at December 31, 2017 and 2016, 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, $116 million and $168 million; Federal funds sold, securities purchased under resale agreements and other short-term investments, $376 million and $74 million; Trading assets, $294 million and $130 million; Investment securities, $0 million and $0 million; Net loans, $12.5 billion and $12.6 | ||
| External Links | |
| WELLS FARGO & COMPANY/MN (WFC) Fiscal Year 2017 | |
| 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 |