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: 2019 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2019 10-K (Filed: Feb 27, 2020) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2019 | Dec 31, 2018 | |
| Assets | ||
| Cash and due from banks | $ 21,757 | 23,551 |
| Interest-earning deposits with banks | 119,493 | 149,736 |
| Total cash, cash equivalents, and restricted cash | 141,250 | 173,287 |
| Federal funds sold and securities purchased under resale agreements | 102,140 | 80,207 |
| Trading, at fair value | 79,733 | 69,989 |
| Available-for-sale, at fair value | 263,459 | 269,912 |
| Held-to-maturity, at cost (fair value $156,860 and $142,115) | 153,933 | 144,788 |
| Loans (includes $171 and $244 carried at fair value) (1) | 962,265 | 953,110 |
| Allowance for loan losses | (9,551) | (9,775) |
| Net loans | 952,714 | 943,335 |
| Mortgage servicing rights: | ||
| Measured at fair value | 11,517 | 14,649 |
| Amortized | 1,430 | 1,443 |
| Premises and equipment, net | 9,309 | 8,920 |
| Goodwill | 26,390 | 26,418 |
| Derivative assets | 14,203 | 10,770 |
| Equity securities (includes $41,936 and $29,556 carried at fair value) (1) | 68,241 | 55,148 |
| Other assets | 78,917 | 79,850 |
| Total assets | 1,927,555 [1] | 1,895,883 |
| Liabilities | ||
| Noninterest-bearing deposits | 344,496 | 349,534 |
| Interest-bearing deposits | 978,130 | 936,636 |
| Total deposits | 1,322,626 | 1,286,170 |
| Short-term borrowings | 104,512 | 105,787 |
| Derivative liabilities | 9,079 | 8,499 |
| Accrued expenses and other liabilities | 75,163 | 69,317 |
| Long-term debt | 228,191 | 229,044 |
| Total liabilities | 1,739,571 [2] | 1,698,817 |
| Equity | ||
| Wells Fargo stockholders equity: | ||
| Preferred stock | 21,549 | 23,214 |
| 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 | 61,049 | 60,685 |
| Retained earnings | 166,697 | 158,163 |
| Cumulative other comprehensive income (loss) | (1,311) | (6,336) |
| Treasury stock 1,347,385,537 shares and 900,557,866 shares | (68,831) | (47,194) |
| Unearned ESOP shares | (1,143) | (1,502) |
| Total Wells Fargo stockholders equity | 187,146 | 196,166 |
| Noncontrolling interests | 838 | 900 |
| Total equity | 187,984 | 197,066 |
| Total liabilities and equity | 1,927,555 | 1,895,883 |
| Receivable Type | ||
| Mortgage loans | ||
| Loans held for sale | 23,342 | 15,126 [3] |
| Loans held for sale | ||
| Loans held for sale | 977 | 2,041 |
| [3] (1)Parenthetical amounts represent assets and liabilities that we are required to carry at fair value or have elected the fair value option. | ||
| [1] (2)Our consolidated assets at December 31, 2019 and 2018, 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, $16 million and $139 million; Interest-bearing deposits with banks, $284 million and $8 million; Debt securities, $540 million and $562 million; Net loans, $13.2 billion and $13.6 billion; Derivative assets, $1 million and $0 million; Equity securities, $118 million and $85 million; Other as | ||
| [2] (3)Our consolidated liabilities at December 31, 2019 and 2018, include the following VIE liabilities for which the VIE creditors do not have recourse to Wells Fargo: Short-term borrowings, $401 million and $493 million; Derivative liabilities, $3 million and $0 million; Accrued expenses and other liabilities, $235 million and $199 million; Long-term debt, $587 million and $816 million; and Total liabilities, $1.2 billion and $1.5 billion, respectively. Prior period balances have been conformed to current pe | ||
| External Links | |
| WELLS FARGO & COMPANY/MN (WFC) Fiscal Year 2019 | |
| 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 |