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: 2021 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2021 10-K (Filed: Feb 22, 2022) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2021 | Dec 31, 2020 | |
| Supplemental Income Statement Elements [Abstract] | ||
| Assets | ||
| Cash and due from banks | $ 24,616 | 28,236 |
| Interest-earning deposits with banks | 209,614 | 236,376 |
| Total cash, cash equivalents, and restricted cash | 234,230 | 264,612 |
| Federal funds sold and securities purchased under resale agreements | 66,223 | 65,672 |
| Trading, at fair value | 88,265 | 75,095 |
| Available-for-sale, at fair value | 177,244 | 220,392 |
| Held-to-maturity, at amortized cost, net of allowance for credit losses | 272,022 | 205,720 |
| Loans held for sale | 23,617 | 36,384 |
| Loans | 895,394 | 887,637 |
| Allowance for loan losses | (12,490) | (18,516) |
| Net loans | 882,904 | 869,121 |
| Mortgage servicing rights | 8,189 | 7,437 |
| Premises and equipment, net | 8,571 | 8,895 |
| Goodwill | 25,180 | 26,392 |
| Derivative assets | 21,478 | 25,846 |
| Equity securities | 72,886 | 60,008 |
| Other assets | 67,259 | 87,337 |
| Total assets | 1,948,068 [1] | 1,952,911 |
| Liabilities | ||
| Noninterest-bearing deposits | 527,748 | 467,068 |
| Interest-bearing deposits | 954,731 | 937,313 |
| Total deposits | 1,482,479 | 1,404,381 |
| Short-term borrowings | 34,409 | 58,999 |
| Derivative liabilities | 9,424 | 16,509 |
| Accrued expenses and other liabilities | 70,957 | 74,360 |
| Long-term debt | 160,689 | 212,950 |
| Total liabilities | 1,757,958 [2] | 1,767,199 |
| Equity | ||
| Wells Fargo stockholders equity: | ||
| Preferred stock | 20,057 | 21,136 |
| Common stock | 9,136 | 9,136 |
| Additional paid-in capital | 60,196 | 60,197 |
| Retained earnings | 180,322 | 162,683 |
| Cumulative other comprehensive income (loss) | (1,702) | 194 |
| Treasury stock | (79,757) | (67,791) |
| Unearned ESOP shares | (646) | (875) |
| Total Wells Fargo stockholders equity | 187,606 | 184,680 |
| Noncontrolling interests | 2,504 | 1,032 |
| Total equity | 190,110 | 185,712 |
| Total liabilities and equity | 1,948,068 | 1,952,911 |
| [1] Our consolidated assets at December 31, 2021 and 2020, included the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Debt securities, $71 million and $967 million; Loans, $4.5 billion and $10.9 billion; All other assets, $234 million and $310 million; and Total assets, $4.8 billion and $12.1 billion, respectively. | ||
| [2] Our consolidated liabilities at December 31, 2021 and 2020, include the following VIE liabilities for which the VIE creditors do not have recourse to Wells Fargo: Long-term debt, $149 million and $203 million; All other liabilities, $259 million and $900 million; and Total liabilities, $408 million and $1.1 billion, respectively. | ||
| External Links | |
| WELLS FARGO & COMPANY/MN (WFC) Fiscal Year 2021 | |
| 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 |