10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
WELLS FARGO & COMPANY/MN | ||
Ticker: WFC Fiscal Year: 2020 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2020 10-K (Filed: Feb 23, 2021) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2020 | Dec 31, 2019 | |
| Supplemental Income Statement Elements [Abstract] | ||
| Assets | ||
| Cash and due from banks | $ 28,236 | 21,757 |
| Interest-earning deposits with banks | 236,376 | 119,493 |
| Total cash, cash equivalents, and restricted cash | 264,612 | 141,250 |
| Federal funds sold and securities purchased under resale agreements | 65,672 | 102,140 |
| Trading debt securities | 75,095 | 79,733 |
| Available-for-sale, at fair value | 220,392 | 263,459 |
| Held-to-maturity, at amortized cost, net of allowance for credit losses | 205,720 | |
| Held-to-maturity, amortized cost | 205,761 | 153,933 |
| Loans held for sale | 36,384 | 24,319 [1] |
| Loans | 887,637 | 962,265 |
| Allowance for loan losses | (18,516) | (9,551) |
| Net loans | 869,121 | 952,714 |
| Mortgage servicing rights | 7,437 | 12,947 |
| Premises and equipment, net | 8,895 | 9,309 |
| Goodwill | 26,392 | 26,390 |
| Derivative assets | 25,846 | 14,203 |
| Equity securities | 62,260 | 68,241 |
| Other assets | 87,337 | 78,917 |
| Total assets | 1,955,163 | 1,927,555 |
| Liabilities | ||
| Noninterest-bearing deposits | 467,068 | 344,496 |
| Interest-bearing deposits | 937,313 | 978,130 |
| Total deposits | 1,404,381 | 1,322,626 |
| Short-term borrowings | 58,999 | 104,512 |
| Derivative liabilities | 16,509 | 9,079 |
| Accrued expenses and other liabilities | 76,404 | 75,163 |
| Long-term debt | 212,950 | 228,191 |
| Total liabilities | 1,769,243 | 1,739,571 [2] |
| Equity | ||
| Wells Fargo stockholders equity: | ||
| Preferred stock | 21,136 | 21,549 |
| Common stock | 9,136 | 9,136 |
| Additional paid-in capital | 60,197 | 61,049 |
| Retained earnings | 162,890 | 166,697 |
| Cumulative other comprehensive income (loss) | 194 | (1,311) |
| Treasury stock | (67,791) | (68,831) |
| Unearned ESOP shares | 875 | 1,143 |
| Total Wells Fargo stockholders equity | 184,887 | 187,146 |
| Noncontrolling interests | 1,033 | 838 |
| Total equity | 185,920 | 187,984 |
| Total liabilities and equity | 1,955,163 | 1,927,555 |
| [1] In 2020, loans held for sale and mortgage loans held for sale were combined into a single line item, and mortgage servicing rights measured at fair value and at amortized cost were combined into a single line item. Prior period balances have been revised to conform with the current period presentation. | ||
| [2] Our consolidated liabilities at December 31, 2020 and 2019, include the following VIE liabilities for which the VIE creditors do not have recourse to Wells Fargo: Long-term debt, $203 million and $587 million; All other liabilities, $900 million and $639 million; and Total liabilities, $1.1 billion and $1.2 billion, respectively. Prior period balances have been conformed to current period presentation. | ||
| External Links | |
| WELLS FARGO & COMPANY/MN (WFC) Fiscal Year 2020 | |
| 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 |